Luxembourg - Artificial Corundum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArtificial Corundum Price in Luxembourg - 2023
Contents:
- Artificial Corundum Price in Luxembourg (CIF) - 2022
- Artificial Corundum Price in Luxembourg (FOB) - 2022
- Artificial Corundum Imports in Luxembourg
- Artificial Corundum Exports in Luxembourg
Artificial Corundum Price in Luxembourg (CIF) - 2022
In 2022, the average artificial corundum import price amounted to $1,940 per ton, shrinking by -22.2% against the previous year. Overall, the import price saw a perceptible contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 42%. Over the period under review, average import prices attained the peak figure at $3,546 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,700 per ton), while the price for France ($978 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 (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Artificial Corundum Price in Luxembourg (FOB) - 2022
The average artificial corundum export price stood at $2,789 per ton in 2022, reducing by -1.8% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 37% against the previous year. The export price peaked at $2,840 per ton in 2021, and then shrank modestly in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovenia ($3,017 per ton) and Portugal ($3,002 per ton), while the average price for exports to Spain ($2,578 per ton) and Sweden ($2,718 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.
Artificial Corundum Imports in Luxembourg
In 2022, artificial corundum imports into Luxembourg soared to 180 tons, growing by 111% on the previous year's figure. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 190% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, artificial corundum imports skyrocketed to $349K in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 138% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
Import of Artificial Corundum in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 39.0 | 76.5 | 193 | 313 | 100.2% |
France | 28.0 | 9.3 | 18.8 | 19.3 | -11.7% |
Belgium | 5.5 | 0.3 | N/A | 16.4 | 43.9% |
Others | 2.3 | 3.1 | N/A | N/A | 34.8% |
Total | 74.8 | 89.2 | 212 | 349 | 67.1% |
Top Suppliers of Artificial Corundum to Luxembourg in 2022:
- Germany (156.7 tons)
- France (19.8 tons)
- Belgium (3.5 tons)
Artificial Corundum Exports in Luxembourg
In 2022, overseas shipments of artificial corundum decreased by -49.3% to 38 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a sharp contraction.
In value terms, artificial corundum exports declined sharply to $106 in 2022. Overall, exports showed a sharp slump.
Export of Artificial Corundum in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 378 | N/A | N/A | N/A | 0% |
Germany | 5,785 | N/A | 0.1 | N/A | -99.6% |
Sweden | N/A | N/A | N/A | N/A | 0% |
Slovenia | N/A | N/A | N/A | N/A | 0% |
Austria | 183 | N/A | N/A | N/A | 0% |
Portugal | 98.8 | N/A | N/A | N/A | 0% |
Others | 102 | N/A | N/A | N/A | 0% |
Total | 6,547 | N/A | 0.2 | 0.1 | -97.5% |
Top Export Markets for Artificial Corundum from Luxembourg in 2022:
- Germany (17.0 kg)
- Spain (17.0 kg)
- Slovenia (3.0 kg)
- Sweden (1.0 kg)
- Portugal (1.0 kg)
This report provides an in-depth analysis of the artificial corundum 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 23991500 - Artificial corundum (excluding mechanical mixtures)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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