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Luxembourg - High-Tenacity Filament Yarn Of Aramids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for High-Tenacity Filament Aramids Yarn in Luxembourg - 2023
Contents:
- Price for High-Tenacity Filament Aramids Yarn in Luxembourg (CIF) - 2023
- Price for High-Tenacity Filament Aramids Yarn in Luxembourg (FOB) - 2023
- Imports of High-Tenacity Filament Aramids Yarn in Luxembourg
- Exports of High-Tenacity Filament Aramids Yarn in Luxembourg
Price for High-Tenacity Filament Aramids Yarn in Luxembourg (CIF) - 2023
The average high-tenacity filament aramids yarn import price stood at $27,647 per ton in June 2023, almost unchanged from the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in May 2023 when the average import price increased by 13% month-to-month. As a result, import price reached the peak level of $27,647 per ton, leveling off in the following month.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($32,233 per ton), while the price for Belgium stood at $26,363 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for High-Tenacity Filament Aramids Yarn in Luxembourg (FOB) - 2023
In June 2023, the average high-tenacity filament aramids yarn export price amounted to $26,649 per ton, with an increase of 20% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. Over the period under review, the average export prices attained the maximum at $30,144 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was South Korea ($41,356 per ton), while the average price for exports to Germany ($22,501 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+123.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of High-Tenacity Filament Aramids Yarn in Luxembourg
In 2022, imports of high-tenacity filament yarn of aramids into Luxembourg skyrocketed to 903 tons, growing by 17% compared with the year before. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 63% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, high-tenacity filament aramids yarn imports stood at $21M in 2022. Overall, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.5% 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 +90.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of High-Tenacity Filament Aramids Yarn in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 5.9 | 2.8 | 6.8 | 9.3 | 16.4% |
Belgium | 9.0 | 5.4 | 7.9 | 5.5 | -15.1% |
United Kingdom | 4.9 | 2.8 | 3.8 | 4.7 | -1.4% |
South Korea | N/A | N/A | N/A | 1.1 | 0% |
Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
Total | 19.9 | 10.9 | 18.6 | 20.8 | 1.5% |
Top Suppliers of High-Tenacity Filament Aramids Yarn to Luxembourg in 2022:
- Netherlands (410.0 tons)
- United Kingdom (222.2 tons)
- Belgium (218.5 tons)
- South Korea (45.6 tons)
Exports of High-Tenacity Filament Aramids Yarn in Luxembourg
In 2022, high-tenacity filament aramids yarn exports from Luxembourg soared to 401 tons, growing by 20% on the previous year's figure. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 476%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, high-tenacity filament aramids yarn exports skyrocketed to $9M in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 475% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
Export of High-Tenacity Filament Aramids Yarn in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.8 | 0.3 | 6.4 | 6.6 | 102.1% |
Italy | N/A | 0.1 | 1.0 | 1.7 | 312.3% |
United States | N/A | N/A | N/A | 0.3 | 0% |
Estonia | N/A | N/A | N/A | 0.2 | 0% |
Hungary | 2.7 | 0.9 | N/A | N/A | -66.7% |
Others | N/A | N/A | 0.1 | 0.2 | 100.0% |
Total | 3.5 | 1.3 | 7.4 | 9.0 | 37.0% |
Top Export Markets for High-Tenacity Filament Aramids Yarn from Luxembourg in 2022:
- Germany (308.9 tons)
- Italy (60.9 tons)
- United States (15.0 tons)
- Estonia (7.2 tons)
This report provides an in-depth analysis of the market for high-tenacity filament aramids yarn 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 20601220 - High-tenacity filament yarn of aramids (excluding sewing thread and yarn put up for retail sale)
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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