Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Luxembourg - 2023

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Luxembourg (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Luxembourg (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Luxembourg
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Luxembourg

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Luxembourg (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $113,462 per ton, waning by -6.1% against the previous year. Over the period under review, the import price, however, recorded a resilient increase. The growth pace was the most rapid in 2021 an increase of 154%. Over the period under review, average import prices hit record highs at $121,455 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($150,931 per ton), while the price for China ($75,000 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 (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Luxembourg (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $229,301 per ton, growing by 41% against the previous year. In general, the export price saw resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 322%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($566,667 per ton), while the average price for exports to France ($85,250 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 Mexico (+107.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Luxembourg

In 2022, purchases abroad of balances; of a sensitivity of 5cg or better, with or without weightses decreased by -8.6% to 1.8 tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2020 with an increase of 289% against the previous year. As a result, imports reached the peak of 5 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses skyrocketed to $193K in 2022. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 116%. As a result, imports attained the peak of $242K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Luxembourg in 2022:

1. Netherlands (717.0 kg)
2. Germany (363.0 kg)
3. Belgium (305.0 kg)
4. Switzerland (174.0 kg)
5. United States (85.0 kg)
6. France (58.0 kg)
7. South Korea (26.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Luxembourg

In 2022, approx. 411 kg of balances; of a sensitivity of 5cg or better, with or without weightses were exported from Luxembourg; picking up by 3,636% on the previous year. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses soared to $94K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Luxembourg in 2022:

1. Germany (237.0 kg)
2. Mexico (107.0 kg)
3. United Kingdom (14.0 kg)
4. Saudi Arabia (12.0 kg)
5. Fiji (10.0 kg)
6. France (8.0 kg)
7. Belgium (4.0 kg)

Source: IndexBox Market Intelligence Platform