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Luxembourg - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polystyrene in Primary Forms in Luxembourg - 2023
Contents:
- Price for Polystyrene in Primary Forms in Luxembourg (CIF) - 2023
- Price for Polystyrene in Primary Forms in Luxembourg (FOB) - 2022
- Imports of Polystyrene in Primary Forms in Luxembourg
- Exports of Polystyrene in Primary Forms in Luxembourg
Price for Polystyrene in Primary Forms in Luxembourg (CIF) - 2023
In June 2023, the average polystyrene in primary forms import price amounted to $1,459 per ton, with a decrease of -26.8% against the previous month. Over the period under review, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 41% against the previous month. Over the period under review, average import prices hit record highs at $2,897 per ton in July 2022; however, from August 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($1,906 per ton), while the price for the Netherlands ($264 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (-2.1%), while the prices for the other major suppliers experienced a decline.
Price for Polystyrene in Primary Forms in Luxembourg (FOB) - 2022
In 2022, the average polystyrene in primary forms export price amounted to $3,476 per ton, increasing by 23% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polystyrene in primary forms export price increased by +113.9% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 69% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($9,662 per ton), while the average price for exports to Italy ($920 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 Netherlands (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polystyrene in Primary Forms in Luxembourg
In 2022, approx. 2.6K tons of polystyrene in primary forms (excluding expansible polystyrene) were imported into Luxembourg; growing by 145% against the previous year's figure. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, polystyrene in primary forms imports surged to $4.7M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Polystyrene in Primary Forms in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 283 | 250 | 584 | 3,023 | 120.2% |
Italy | 578 | 465 | 814 | 1,068 | 22.7% |
Germany | 329 | 337 | 544 | 499 | 14.9% |
Others | 294 | 54.8 | 49.2 | 89.3 | -32.8% |
Total | 1,485 | 1,108 | 1,991 | 4,678 | 46.6% |
Top Suppliers of Polystyrene in Primary Forms to Luxembourg in 2022:
- Belgium (1791.6 tons)
- Italy (460.7 tons)
- Germany (364.2 tons)
Exports of Polystyrene in Primary Forms in Luxembourg
Polystyrene in primary forms exports from Luxembourg soared to 121 tons in 2022, increasing by 21% compared with 2021. Overall, exports, however, recorded a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 34%.
In value terms, polystyrene in primary forms exports surged to $419K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 73% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Polystyrene in Primary Forms in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 125 | 104 | 188 | 317 | 36.4% |
France | 6.1 | 10.8 | 49.0 | 43.3 | 92.2% |
Italy | 21.3 | 9.1 | 19.0 | 22.7 | 2.1% |
Netherlands | 7.4 | 6.9 | 1.9 | 22.0 | 43.8% |
Poland | 2.0 | 0.5 | 1.4 | 12.9 | 86.1% |
Israel | 26.0 | 11.7 | N/A | 0.5 | -73.2% |
Malaysia | 12.3 | N/A | N/A | N/A | 0% |
United Kingdom | 9.8 | 15.1 | 9.6 | N/A | -1.0% |
Others | 0.6 | 4.5 | 11.4 | 0.5 | -5.9% |
Total | 211 | 162 | 281 | 419 | 25.7% |
Top Export Markets for Polystyrene in Primary Forms from Luxembourg in 2022:
- Belgium (76.7 tons)
- Italy (24.7 tons)
- France (12.2 tons)
- Poland (4.4 tons)
- Netherlands (2.3 tons)
- Israel (0.2 tons)
This report provides an in-depth analysis of the market for polystyrene in primary forms 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 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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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