Luxembourg: Base Station Market 2024

Base Station Market Size in Luxembourg

In 2021, the Luxembourg base station market increased by 28% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, showed a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Base Station Exports

Exports from Luxembourg

In 2021, base station exports from Luxembourg skyrocketed to X tons, rising by 211% against 2020 figures. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by 285%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, base station exports soared to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 262% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for base station exports from Luxembourg, accounting for a 72% share of total exports. Moreover, base station exports to Oman exceeded the volume sent to the second major destination, Belgium (X kg), fivefold. France (X kg) ranked third in terms of total exports with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman amounted to +81.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+8.7% per year) and France (-16.2% per year).

In value terms, Oman ($X) emerged as the key foreign market for base stations exports from Luxembourg, comprising 56% of total exports. The second position in the ranking was taken by France ($X), with a 16% share of total exports. It was followed by Belgium, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Oman stood at +33.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-9.6% per year) and Belgium (+10.3% per year).

Export Prices by Country

In 2021, the average base station export price amounted to $X per ton, rising by 5.9% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Turkey ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Base Station Imports

Imports into Luxembourg

In 2021, overseas purchases of base stations increased by 55% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 351%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, base station imports surged to $X in 2021. In general, imports, however, showed a deep setback. The growth pace was the most rapid in 2014 when imports increased by 351% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of base station to Luxembourg, accounting for a 56% share of total imports. Moreover, base station imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. France (X tons) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+20.4% per year) and France (-4.4% per year).

In value terms, Germany ($X) constituted the largest supplier of base stations to Luxembourg, comprising 53% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 20% share of total imports. It was followed by France, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+19.3% per year) and France (-5.4% per year).

Import Prices by Country

In 2021, the average base station import price amounted to $X per ton, dropping by -11.2% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 27%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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