Key Market Indicators
Luxembourg's imports of non-ferrous metals are projected to reach approximately 212,000 metric tons by 2028, a slight increase from the current level of around 212,000 metric tons in 2023. This reflects a stagnant growth rate of 0% on a year-over-year average. Since 2005, the demand for non-ferrous metals in Luxembourg has decreased by an average of 0.7% annually. In the global ranking for 2023, Luxembourg holds the 29th position, having been overtaken by Denmark, which also imported around 212,000 metric tons. Leading the rankings are Spain, France, and Norway, occupying the second, third, and fourth positions respectively. On the export side, Luxembourg is expected to see its non-ferrous metal exports grow to roughly 175,000 metric tons by 2028, up from about 174,000 metric tons in 2023. This marks a modest compound annual growth rate (CAGR) of 0.1%. Since 2005, Luxembourg's supply of non-ferrous metals has declined by an average of 1.5% per year. In 2023, Luxembourg ranked 29th in global exports, with Croatia slightly ahead, exporting around 174,000 metric tons. Spain, France, and the Netherlands are the top exporters, holding the second, third, and fourth positions respectively in this category.
