Luxembourg - Welded And Cold-Formed Sections Of Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Welded and Cold-Formed Steel Sections in Luxembourg - 2023
Contents:
- Price for Welded and Cold-Formed Steel Sections in Luxembourg (CIF) - 2022
- Price for Welded and Cold-Formed Steel Sections in Luxembourg (FOB) - 2022
- Imports of Welded and Cold-Formed Steel Sections in Luxembourg
- Exports of Welded and Cold-Formed Steel Sections in Luxembourg
Price for Welded and Cold-Formed Steel Sections in Luxembourg (CIF) - 2022
In 2022, the average import price for welded and cold-formed sections of steel amounted to $1,763 per ton, with a decrease of -17.8% against the previous year. Over the period under review, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 80% against the previous year. As a result, import price attained the peak level of $6,745 per ton. From 2017 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 France ($3,900 per ton), while the price for Belgium ($1,363 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.9%), while the prices for the other major suppliers experienced a decline.
Price for Welded and Cold-Formed Steel Sections in Luxembourg (FOB) - 2022
In 2022, the average export price for welded and cold-formed sections of steel amounted to $4,149 per ton, falling by -51.7% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 181%. As a result, the export price reached the peak level of $8,593 per ton, and then shrank sharply in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($4,153 per ton), while the average price for exports to Belgium totaled $2,863 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+36.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Welded and Cold-Formed Steel Sections in Luxembourg
In 2022, imports of welded and cold-formed sections of steel into Luxembourg expanded notably to 1.4K tons, growing by 7.5% on the year before. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 184%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, welded and cold-formed steel sections imports contracted to $2.5M in 2022. In general, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 103% against the previous year. As a result, imports reached the peak of $2.8M, and then dropped in the following year.
Import of Welded and Cold-Formed Steel Sections in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 575 | 550 | 1,187 | 1,218 | 28.4% |
Germany | 631 | 753 | 1,512 | 1,133 | 21.5% |
France | 940 | 4.7 | 55.2 | 10.0 | -78.0% |
Others | 90.7 | 70.0 | 37.7 | 106 | 5.3% |
Total | 2,237 | 1,378 | 2,792 | 2,467 | 3.3% |
Top Suppliers of Welded and Cold-Formed Steel Sections to Luxembourg in 2022:
- Belgium (893.3 tons)
- Germany (481.0 tons)
- France (2.6 tons)
Exports of Welded and Cold-Formed Steel Sections in Luxembourg
In 2022, overseas shipments of welded and cold-formed sections of steel increased by 1,440% to 37 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a slight increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, welded and cold-formed steel sections exports surged to $154K in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Welded and Cold-Formed Steel Sections in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 90.2 | 1.6 | 6.8 | 151 | 18.7% |
Belgium | 44.5 | 59.7 | 0.9 | 2.2 | -63.3% |
Germany | 14.6 | 6.1 | 13.0 | N/A | -5.6% |
Netherlands | 3.2 | N/A | N/A | N/A | 0% |
Others | 0.5 | 9.4 | N/A | 0.8 | 17.0% |
Total | 153 | 76.8 | 20.8 | 154 | 0.2% |
Top Export Markets for Welded and Cold-Formed Steel Sections from Luxembourg in 2022:
- France (36.4 tons)
- Belgium (0.8 tons)
This report provides an in-depth analysis of the market for welded and cold-formed steel sections 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 24107420 - Welded and cold-formed sections (of steel)
- Prodcom 2410T260 - Welded sections
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
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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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