Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Luxembourg - 2024

Contents:

1. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Luxembourg (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Luxembourg (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Luxembourg
4. Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Luxembourg

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Luxembourg (CIF) - 2022

The average import price for tube or pipe fittings of non-malleable cast iron stood at $7,594 per ton in 2022, waning by -12.9% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 31% against the previous year. The import price peaked at $13,474 per ton in 2019; however, from 2020 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 Austria ($19,000 per ton), while the price for China ($4,621 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+16.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Luxembourg (FOB) - 2022

The average export price for tube or pipe fittings of non-malleable cast iron stood at $9,653 per ton in 2022, rising by 3.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 125% against the previous year. Over the period under review, the average export prices hit record highs at $25,320 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($23,534 per ton), while the average price for exports to Greece ($6,993 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 Ireland (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Luxembourg

After three years of growth, purchases abroad of tube or pipe fittings of non-malleable cast iron decreased by -5.1% to 244 tons in 2022. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports reached the peak of 257 tons, and then shrank in the following year.

In value terms, imports of tube or pipe fittings of non-malleable cast iron dropped remarkably to $1.9M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. As a result, imports reached the peak of $2.2M, and then fell dramatically in the following year.

Top Suppliers of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron to Luxembourg in 2022:

1. Germany (92.6 tons)
2. China (64.9 tons)
3. Belgium (55.7 tons)
4. Italy (14.4 tons)
5. France (7.9 tons)
6. Turkey (3.8 tons)
7. Poland (0.4 tons)

Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Luxembourg

In 2022, overseas shipments of tube or pipe fittings of non-malleable cast iron decreased by -28.2% to 52 tons, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -28.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 59%. As a result, the exports attained the peak of 73 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tube or pipe fittings of non-malleable cast iron reduced notably to $502K in 2022. In general, exports recorded a slight downturn. The pace of growth appeared the most rapid in 2020 with an increase of 51%. As a result, the exports attained the peak of $785K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron from Luxembourg in 2022:

1. France (8.7 tons)
2. Lithuania (5.7 tons)
3. United Kingdom (4.1 tons)
4. Germany (3.0 tons)
5. Romania (2.7 tons)
6. Belgium (2.7 tons)
7. Greece (2.5 tons)
8. Spain (2.5 tons)
9. Netherlands (2.2 tons)
10. Finland (2.2 tons)
11. Ireland (2.2 tons)
12. Poland (2.1 tons)
13. Sweden (1.5 tons)

Source: IndexBox Market Intelligence Platform