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

Contents:

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

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

The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $4,811 per ton in 2022, growing by 15% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $5,741 per ton. From 2019 to 2022, the average 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 Taiwan (Chinese) ($24,092 per ton), while the price for Austria ($2,055 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+23.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $4,469 per ton in 2022, growing by 7.2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 16%. The export price peaked at $4,986 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($11,438 per ton), while the average price for exports to Romania ($2,653 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 the UK (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 2.2K tons of iron or steel cast fittings, other than of non-malleable cast ira were imported into Luxembourg; shrinking by -18% against the previous year. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira fell to $11M in 2022. Overall, imports saw a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year.

Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4.33.64.14.1-1.6%
China4.11.72.92.8-11.9%
Germany1.42.53.02.318.0%
Netherlands0.20.50.50.858.7%
France0.40.20.40.2-20.6%
Austria0.2N/AN/A0.1-20.6%
Others1.10.20.20.3-35.2%
Total11.58.811.210.6-2.7%

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

  1. China (1002.6 tons)
  2. Belgium (706.6 tons)
  3. Germany (249.5 tons)
  4. Netherlands (148.5 tons)
  5. Austria (37.9 tons)
  6. France (20.2 tons)

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

In 2022, approx. 697 tons of iron or steel cast fittings, other than of non-malleable cast ira were exported from Luxembourg; dropping by -4.5% on the previous year. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1.3%.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira stood at $3.1M in 2022. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 3.3%.

Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland10523815651169.5%
United Kingdom706204286449-14.0%
Romania569229219386-12.1%
Germany396553523357-3.4%
Italy3493203023500.1%
Netherlands65.745533524354.6%
France467225334222-22.0%
Belgium56711114970.2-50.2%
Switzerland21315514767.9-31.7%
Spain28912947.265.1-39.2%
Others479324541394-6.3%
Total4,2052,9423,0403,114-9.5%

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

  1. Romania (145.4 tons)
  2. Poland (137.8 tons)
  3. Germany (93.9 tons)
  4. Italy (81.9 tons)
  5. Netherlands (64.8 tons)
  6. France (55.1 tons)
  7. United Kingdom (39.2 tons)
  8. Spain (19.5 tons)
  9. Switzerland (11.1 tons)
  10. Belgium (8.8 tons)

Source: IndexBox Market Intelligence Platform

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