Luxembourg - Iron Or Steel Nuts (Including Self-Locking Nuts) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Self-Locking Nut Price in Luxembourg - 2023
Contents:
- Metal Self-Locking Nut Price in Luxembourg (CIF) - 2023
- Metal Self-Locking Nut Price in Luxembourg (FOB) - 2022
- Metal Self-Locking Nut Imports in Luxembourg
- Metal Self-Locking Nut Exports in Luxembourg
Metal Self-Locking Nut Price in Luxembourg (CIF) - 2023
In June 2023, the average metal self-locking nut import price amounted to $9,110 per ton, stabilizing at the previous month. Over the period under review, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in March 2023 an increase of 46% against the previous month. As a result, import price reached the peak level of $19,753 per ton. From April 2023 to June 2023, the average 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 France ($33,356 per ton), while the price for the Czech Republic ($2,186 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 China (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Self-Locking Nut Price in Luxembourg (FOB) - 2022
In 2022, the average metal self-locking nut export price amounted to $12,187 per ton, surging by 13% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 113% against the previous year. As a result, the export price reached the peak level of $25,742 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($22,029 per ton), while the average price for exports to Ukraine ($3,255 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 Russia (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Self-Locking Nut Imports in Luxembourg
After two years of decline, overseas purchases of iron or steel nuts (including self-locking nuts) increased by 20% to 357 tons in 2022. Overall, imports, however, recorded a abrupt decline.
In value terms, metal self-locking nut imports surged to $4.9M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Metal Self-Locking Nut in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 375 | 496 | 903 | 2,401 | 85.7% |
Germany | 806 | 561 | 829 | 1,237 | 15.3% |
Belgium | 388 | 532 | 728 | 718 | 22.8% |
Netherlands | 7.8 | 43.1 | 65.0 | 215 | 202.1% |
China | 93.5 | 168 | 166 | 167 | 21.3% |
Czech Republic | 35.7 | 18.9 | 28.6 | 27.0 | -8.9% |
Others | 323 | 129 | 108 | 155 | -21.7% |
Total | 2,029 | 1,948 | 2,827 | 4,921 | 34.4% |
Top Suppliers of Metal Self-Locking Nut to Luxembourg in 2022:
- Germany (159.4 tons)
- Belgium (71.1 tons)
- France (51.2 tons)
- Netherlands (33.4 tons)
- China (26.2 tons)
- Czech Republic (10.1 tons)
Metal Self-Locking Nut Exports in Luxembourg
In 2022, overseas shipments of iron or steel nuts (including self-locking nuts) decreased by -16.1% to 52 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 0.9%. As a result, the exports reached the peak of 69 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal self-locking nut exports shrank to $636K in 2022. Over the period under review, exports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year.
Export of Metal Self-Locking Nut in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 34.3 | 146 | 155 | 184 | 75.1% |
Belgium | 35.8 | 58.8 | 113 | 172 | 68.7% |
Germany | 142 | 59.5 | 14.6 | 69.0 | -21.4% |
Czech Republic | 22.1 | 29.7 | 20.3 | 18.3 | -6.1% |
Russia | 18.5 | 9.7 | 12.7 | 16.0 | -4.7% |
Switzerland | 20.2 | 27.4 | 2.5 | 5.6 | -34.8% |
Ukraine | 0.2 | 0.9 | 2.3 | 4.2 | 175.9% |
United Arab Emirates | 185 | N/A | 0.3 | 0.1 | -91.9% |
Finland | 16.8 | 4.7 | 1.3 | 0.1 | -81.9% |
Others | 219 | 207 | 349 | 168 | -8.5% |
Total | 693 | 544 | 672 | 636 | -2.8% |
Top Export Markets for Metal Self-Locking Nut from Luxembourg in 2022:
- United Arab Emirates (undefined tons)
- Finland (undefined tons)
- France (23.2 tons)
- Belgium (7.8 tons)
- Germany (6.3 tons)
- Russia (2.8 tons)
- Czech Republic (2.7 tons)
- Ukraine (1.3 tons)
- Switzerland (0.3 tons)
This report provides an in-depth analysis of the metal self-locking nut market 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 25941187 - Iron or steel nuts (including self-locking nuts) (excluding of stainless steel, turned from bars, rods, profiles, or wire, of solid section, of a hole diameter . 6 mm)
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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