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Luxembourg - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIron Angle Price in Luxembourg - 2023
Contents:
- Iron Angle Price in Luxembourg (FOB) - 2023
- Iron Angle Price in Luxembourg (CIF) - 2022
- Iron Angle Exports in Luxembourg
- Iron Angle Imports in Luxembourg
Iron Angle Price in Luxembourg (FOB) - 2023
In June 2023, the average iron angle export price amounted to $970 per ton, which is down by -5.8% against the previous month. Over the period under review, the export price continues to indicate a pronounced decline. The pace of growth was the most pronounced in April 2023 an increase of 5% m-o-m. Over the period under review, the average export prices hit record highs at $1,386 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In June 2023, the countries with the highest prices were Mexico ($1,092 per ton) and the United States ($1,082 per ton), while the average price for exports to Turkey ($749 per ton) and France ($894 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-1.3%), while the prices for the other major destinations experienced a decline.
Iron Angle Price in Luxembourg (CIF) - 2022
The average iron angle import price stood at $1,430 per ton in 2022, increasing by 25% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron angle import price increased by +83.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 45%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,828 per ton), while the price for Belgium ($1,159 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Iron Angle Exports in Luxembourg
In 2022, approx. 1.3M tons of angles, shapes and sections (of iron or non-alloy steel) were exported from Luxembourg; shrinking by -4.1% on 2021. In general, exports saw a pronounced setback. The growth pace was the most rapid in 2021 when exports increased by 12% against the previous year.
In value terms, iron angle exports skyrocketed to $1.7B in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 75%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Iron Angle in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 236 | 203 | 347 | 412 | 20.4% |
Netherlands | 122 | 100 | 192 | 236 | 24.6% |
France | 82.1 | 72.7 | 91.5 | 127 | 15.7% |
Belgium | 82.2 | 68.4 | 112 | 127 | 15.6% |
Mexico | 10.6 | 7.1 | 54.2 | 114 | 120.7% |
United States | 64.7 | 5.6 | 58.4 | 92.0 | 12.5% |
Austria | 37.1 | 32.5 | 50.5 | 78.0 | 28.1% |
Canada | 55.1 | 48.9 | 98.7 | 58.4 | 2.0% |
Italy | 32.1 | 24.8 | 37.6 | 53.2 | 18.3% |
Switzerland | 23.3 | 22.8 | 32.9 | 47.7 | 27.0% |
Norway | 19.6 | 17.5 | 23.5 | 38.6 | 25.3% |
Spain | 11.3 | 10.4 | 17.5 | 34.5 | 45.1% |
Poland | 19.9 | 9.3 | 13.8 | 30.9 | 15.8% |
Others | 122 | 113 | 159 | 247 | 26.5% |
Total | 918 | 736 | 1,289 | 1,695 | 22.7% |
Top Export Markets for Iron Angle from Luxembourg in 2022:
- Germany (322.7K tons)
- Netherlands (183.5K tons)
- France (101.5K tons)
- Belgium (95.0K tons)
- Mexico (88.6K tons)
- United States (68.6K tons)
- Austria (61.0K tons)
- Italy (43.1K tons)
- Canada (39.6K tons)
- Switzerland (33.4K tons)
- Norway (27.6K tons)
- Spain (27.6K tons)
- Poland (24.6K tons)
Iron Angle Imports in Luxembourg
In 2022, approx. 21K tons of angles, shapes and sections (of iron or non-alloy steel) were imported into Luxembourg; waning by -12.7% on the previous year's figure. Overall, imports saw a pronounced decline. The growth pace was the most rapid in 2021 with an increase of 5.2% against the previous year. As a result, imports attained the peak of 24K tons, and then contracted in the following year.
In value terms, iron angle imports stood at $30M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 52%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Iron Angle in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 6.5 | 4.9 | 8.0 | 11.5 | 20.9% |
Germany | 6.0 | 9.9 | 14.5 | 11.2 | 23.1% |
Belgium | 3.3 | 2.0 | 2.7 | 4.9 | 14.1% |
France | 1.0 | 0.9 | 1.9 | 2.0 | 26.0% |
Others | 1.8 | 0.3 | 0.4 | 0.6 | -30.7% |
Total | 18.6 | 18.1 | 27.6 | 30.2 | 17.5% |
Top Suppliers of Iron Angle to Luxembourg in 2022:
- Poland (8.7K tons)
- Germany (6.1K tons)
- Belgium (4.2K tons)
- France (1.6K tons)
This report provides an in-depth analysis of the iron angle 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel
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
This report provides an in-depth analysis of the iron angle market in Luxembourg.
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This report provides an in-depth analysis of the global iron angle market.
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This report provides an in-depth analysis of the iron angle market in Luxembourg.
Discover the top import markets for iron angle and their key statistics. Learn about the demand, import values, and growth potential in these countries. Explore the opportunities for exporters in the global iron angle market.
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
Despite some negative dynamics in exports, Spain was able to hold on as the leader in the global iron angles, shapes and sections trade. In 2014, Spain exported X million tons of iron angles, shapes and sections totaling X billion USD, which was
The global non-alloy steel h-sections market revenue amounted to $17.9B in 2018, rising by 11% against the previous...
Discover the top import markets for iron angle and their key statistics. Learn about the demand, import values, and growth potential in these countries. Explore the opportunities for exporters in the global iron angle market.
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
Despite some negative dynamics in exports, Spain was able to hold on as the leader in the global iron angles, shapes and sections trade. In 2014, Spain exported X million tons of iron angles, shapes and sections totaling X billion USD, which was
The global non-alloy steel h-sections market revenue amounted to $17.9B in 2018, rising by 11% against the previous...