Luxembourg: Plastic Box Market 2024

Plastic Box Market Size in Luxembourg

For the fifth consecutive year, the Luxembourg plastic box market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption recorded a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Plastic Box Production in Luxembourg

In value terms, plastic box production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a measured increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Plastic Box Exports

Exports from Luxembourg

In 2022, after four years of growth, there was significant decline in overseas shipments of plastic boxes, cases, crates and similar packing articles, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, plastic box exports reduced markedly to $X in 2022. Over the period under review, exports, however, continue to indicate moderate growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then reduced sharply in the following year.

Exports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of plastic box exports from Luxembourg, with a combined X% share of total exports. Belgium, Spain, Poland, Austria, the UK and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) were the largest markets for plastic box exported from Luxembourg worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic box export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Box Imports

Imports into Luxembourg

In 2022, approx. X tons of plastic boxes, cases, crates and similar packing articles were imported into Luxembourg; with a decrease of X% compared with 2021 figures. Over the period under review, imports recorded a noticeable descent. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, plastic box imports fell to $X in 2022. Overall, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main suppliers of plastic box imports to Luxembourg, with a combined X% share of total imports. Italy, the Netherlands, Slovenia and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic box suppliers to Luxembourg were Germany ($X), Belgium ($X) and France ($X), with a combined X% share of total imports. Italy, the Netherlands, Slovenia and the UK lagged somewhat behind, together comprising a further X%.

The UK, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic box import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price showed a prominent increase. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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