Report Update Nov 1, 2024

Luxembourg - Toluene - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Toluene Market 2024

Toluene Market Size in Luxembourg

For the fourth consecutive year, the Luxembourg toluene market recorded decline in sales value, which decreased by -45.4% to $X in 2021. Overall, consumption continues to indicate a significant contraction. Toluene consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Toluene Exports

Exports from Luxembourg

After three years of decline, shipments abroad of toluene increased by 608% to X kg in 2021. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2017 when exports increased by 1,483%. As a result, the exports reached the peak of X kg. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, toluene exports skyrocketed to $X in 2021. In general, exports recorded significant growth. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X kg) was the main destination for toluene exports from Luxembourg, accounting for a 87% share of total exports. Moreover, toluene exports to Belgium exceeded the volume sent to the second major destination, France (X kg), sevenfold.

From 2013 to 2021, the average annual growth rate of volume to Belgium totaled +78.0%.

In value terms, Belgium ($X) emerged as the key foreign market for toluene exports from Luxembourg, comprising 95% of total exports. The second position in the ranking was held by France ($X), with a 5.2% share of total exports.

From 2013 to 2021, the average annual growth rate of value to Belgium amounted to +38.0%.

Export Prices by Country

The average toluene export price stood at $X per ton in 2021, surging by 184% against the previous year. Over the period under review, the export price, however, faced a sharp slump. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to France stood at $X per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+118.3%), while the prices for the other major destinations experienced mixed trend patterns.

Toluene Imports

Imports into Luxembourg

In 2021, the amount of toluene imported into Luxembourg fell sharply to X tons, which is down by -63.1% against the previous year's figure. In general, imports saw a sharp decrease. The growth pace was the most rapid in 2017 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, toluene imports contracted markedly to $X in 2021. Overall, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2017 with an increase of 64% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest toluene supplier to Luxembourg, with a 85% share of total imports. Moreover, toluene imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium totaled -34.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+10.8% per year) and France (-27.7% per year).

In value terms, Belgium ($X) constituted the largest supplier of toluene to Luxembourg, comprising 84% of total imports. The second position in the ranking was taken by France ($X), with an 8.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium amounted to -29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-20.2% per year) and the Netherlands (+3.2% per year).

Import Prices by Country

The average toluene import price stood at $X per ton in 2021, rising by 111% against the previous year. Overall, the import price continues to indicate resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for toluene in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 48% of global consumption. Japan, Taiwan Chinese), Brazil, Germany, Russia, the UK, Italy, South Korea, Iran and Spain lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of toluene in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, with a combined 44% share of global production. These countries were followed by India, Germany, Brazil, Taiwan Chinese), Thailand, Russia, the UK, Italy, Singapore and Spain, which together accounted for a further 33%.

What are the leading suppliers of toluene to Luxembourg?

In value terms, Belgium constituted the largest supplier of toluene to Luxembourg, comprising 85% of total imports. The second position in the ranking was occupied by France, with an 8.1% share of total imports.

What are the leading importers of toluene from Luxembourg?

In value terms, Belgium emerged as the key foreign market for toluene exports from Luxembourg, comprising 95% of total exports. The second position in the ranking was occupied by France $143), with a 5.2% share of total exports.

What is the average export price for toluene in Luxembourg?

In 2021, the average toluene export price amounted to $4,254 per ton, dropping by -12.2% against the previous year.

What is the average import price for toluene in Luxembourg?

In 2021, the average toluene import price amounted to $1,329 per ton, rising by 4.8% against the previous year.

This report provides an in-depth analysis of the toluene market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141225 - Toluene

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023