| Product Code: ETC8056468 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Luxembourg`s import trend for advanced high-strength steel (AHSS) in the automotive sector exhibited significant growth from 2023 to 2024, with a notable 29.08% increase. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 17.15%. This surge in imports can be attributed to the increasing demand for lightweight and high-strength materials in the automotive industry, driving market stability and enhancing product quality.