Key Market Indicators
Luxembourger Aromatics Export is projected to decline significantly over the next five years. By 2028, exports are expected to reach approximately $1,040, down from $1,520 in 2023. This reflects an average annual decrease of around 6%. Since 2009, the supply of aromatics from Luxembourg has been decreasing by an average of 5.3% per year. On the import side, Luxembourg has also seen a dramatic reduction. Aromatics imports stood at roughly $390 in 2023, a sharp drop from $1,110 in 2022. This marks a staggering 64.9% decrease compared to the previous year. The demand for aromatics in Luxembourg has been on a downward trend since 2004, with an average annual decline of 41.8%.
