Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Luxembourg - 2023

Contents:

  1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Luxembourg (CIF) - 2023
  2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Luxembourg (FOB) - 2022
  3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Luxembourg
  4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Luxembourg

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Luxembourg (CIF) - 2023

In December 2023, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $2,442 per ton, which is down by -61.4% against the previous month. Over the period under review, the import price, however, recorded a perceptible expansion. The growth pace was the most rapid in August 2023 when the average import price increased by 408% m-o-m. As a result, import price attained the peak level of $20,099 per ton. From September 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($13,317 per ton), while the price for Germany ($1,105 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+18.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Luxembourg (FOB) - 2022

In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $2,370 per ton, dropping by -83.2% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 967%. The export price peaked at $23,215 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3,507 per ton), while the average price for exports to France ($2,670 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 (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Luxembourg

In 2022, imports of tubes, pipes and hollow profiles, of cast iron into Luxembourg soared to 1.2K tons, rising by 36% against the year before. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron fell modestly to $4.3M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +43.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports attained the peak of $4.5M, and then contracted slightly in the following year.

Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.23.03.72.54.4%
Germany0.60.40.61.638.7%
France0.20.10.10.1-20.6%
Others0.1N/AN/AN/A0%
Total3.03.64.54.312.7%

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Luxembourg in 2022:

  1. Germany (813.2 tons)
  2. Belgium (354.0 tons)
  3. France (13.9 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Luxembourg

In 2022, approx. 63 tons of tubes, pipes and hollow profiles, of cast iron were exported from Luxembourg; growing by 860% on the previous year. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron surged to $179K in 2022. Over the period under review, exports, however, recorded a perceptible reduction.

Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.20.11.7122236.6%
Belgium0.70.913.238.7281.0%
Germany19611150.718.0-54.9%
Others0.1N/A0.90.10.0%
Total20011266.5179-3.6%

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Luxembourg in 2022:

  1. France (45.8 tons)
  2. Belgium (11.0 tons)
  3. Germany (5.8 tons)

Source: IndexBox Market Intelligence Platform

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