Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Luxembourg - 2023

Contents:

  1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Luxembourg (CIF) - 2022
  2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Luxembourg (FOB) - 2022
  3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Luxembourg
  4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Luxembourg

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Luxembourg (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.6 per unit in 2022, with a decrease of -28.8% against the previous year. Over the period under review, the import price saw a noticeable reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 128%. Over the period under review, average import prices hit record highs at $0.9 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($1.4 per unit), while the price for Belgium ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Luxembourg (FOB) - 2022

The average export price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $7.6 per unit in 2022, reducing by -10.9% against the previous year. In general, the export price, however, saw a notable increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 3,366% against the previous year. As a result, the export price reached the peak level of $8.5 per unit, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($9 per unit), while the average price for exports to Poland stood at $3.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Luxembourg

In 2022, purchases abroad of millstones, grindstones, grinding wheels and the like; of natural stones was finally on the rise to reach 57K units after two years of decline. Overall, imports, however, showed a sharp setback. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones hit record highs at 293K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones skyrocketed to $37K in 2022. In general, imports, however, recorded a sharp decrease. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones reached the maximum at $146K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands66.03.8N/A18.8-34.2%
France3.33.28.69.140.2%
AustriaN/AN/AN/A4.30%
Germany55.26.76.63.3-60.9%
Belgium1.51.30.30.3-41.5%
Canada7.6N/AN/AN/A0%
Others11.90.78.11.2-53.5%
Total14615.623.637.1-36.7%

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Luxembourg in 2022:

  1. Netherlands (30.8K units)
  2. France (14.2K units)
  3. Belgium (4.9K units)
  4. Germany (3.8K units)
  5. Austria (3.0K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Luxembourg

In 2022, after three years of growth, there was significant decline in overseas shipments of millstones, grindstones, grinding wheels and the like; of natural stones, when their volume decreased by -91.7% to 73 units. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 499% against the previous year. As a result, the exports attained the peak of 881 units, and then shrank sharply in the following year.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones contracted dramatically to $552 in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 20,675%. As a result, the exports attained the peak of $7.5K, and then dropped dramatically in the following year.

Export of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/A1.70.5-70.6%
PolandN/AN/AN/A0.10%
GermanyN/AN/A5.8N/A0%
France0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.1N/A7.50.681.7%

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Luxembourg in 2022:

  1. Belgium (55.0 units)
  2. Poland (18.0 units)

Source: IndexBox Market Intelligence Platform

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