Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Luxembourg - 2024
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Luxembourg (FOB) - 2024
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Luxembourg (CIF) - 2024
- Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Luxembourg
- Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Luxembourg
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Luxembourg (FOB) - 2024
The average export price for containers for compressed or liquefied gas, of iron or steel stood at $27.1 per unit in February 2024, rising by 184% against the previous month. In general, the export price continues to indicate a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From February 2023 to February 2024, the rate of growth in terms of prices for France amounted to +15.5% per month.
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Luxembourg (CIF) - 2024
In February 2024, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $26.9 per unit, rising by 54% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 94% m-o-m. As a result, import price reached the peak level of $55.9 per unit. From April 2023 to February 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($115 per unit), while the price for Switzerland amounted to $25.6 per unit.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Luxembourg
For the fourth consecutive year, Luxembourg recorded growth in overseas shipments of containers for compressed or liquefied gas, of iron or steel, which increased by 10% to 1.3M units in 2022. The total export volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 13%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of containers for compressed or liquefied gas, of iron or steel skyrocketed to $23M in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.1 | 5.8 | 8.5 | 10.9 | 38.5% |
| Netherlands | 2.4 | 3.7 | 3.9 | 4.9 | 26.9% |
| Belgium | 1.4 | 1.6 | 1.9 | 1.8 | 8.7% |
| Austria | 0.2 | N/A | 0.2 | 1.6 | 100.0% |
| France | 1.0 | 1.5 | 1.9 | 1.5 | 14.5% |
| Czech Republic | 0.1 | 0.4 | 0.4 | 0.8 | 100.0% |
| Latvia | 0.2 | 0.1 | 0.2 | 0.5 | 35.7% |
| Others | 1.7 | 1.0 | 0.9 | 1.4 | -6.3% |
| Total | 10.9 | 14.2 | 17.9 | 23.3 | 28.8% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Luxembourg in 2022:
- Germany (525.2K units)
- Netherlands (272.7K units)
- Belgium (237.7K units)
- France (109.8K units)
- Austria (63.9K units)
- Czech Republic (29.9K units)
- Latvia (24.8K units)
Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Luxembourg
In 2022, the amount of containers for compressed or liquefied gas, of iron or steel imported into Luxembourg reached 253K units, with an increase of 5.1% on 2021 figures. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of containers for compressed or liquefied gas, of iron or steel expanded significantly to $8.1M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.7% 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 +71.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,404 | 2,333 | 3,283 | 4,050 | 19.0% |
| Germany | 634 | 1,017 | 1,515 | 1,730 | 39.7% |
| Austria | 39.5 | 118 | 203 | 689 | 159.3% |
| China | 536 | 833 | 484 | 652 | 6.7% |
| France | 332 | 426 | 479 | 315 | -1.7% |
| Belgium | 170 | 246 | 383 | 282 | 18.4% |
| Netherlands | 39.8 | 137 | 191 | 220 | 76.8% |
| Others | 593 | 1,023 | 646 | 209 | -29.4% |
| Total | 4,747 | 6,134 | 7,184 | 8,148 | 19.7% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Luxembourg in 2022:
- Poland (142.1K units)
- Germany (47.3K units)
- Austria (21.5K units)
- China (16.1K units)
- France (8.8K units)
- Belgium (7.2K units)
- Netherlands (4.8K units)
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