Luxembourg: Breathing Appliances Market 2024

Breathing Appliances Market Size in Luxembourg

In 2022, the Luxembourg breathing appliances market decreased by -56.7% to $X, falling for the third year in a row after two years of growth. In general, consumption continues to indicate a mild decrease. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Breathing Appliances Exports

Exports from Luxembourg

In 2022, the amount of breathing appliances and gas masks exported from Luxembourg amounted to X units, increasing by 8.4% compared with 2021. Overall, exports enjoyed a perceptible increase. The pace of growth was the most pronounced in 2020 with an increase of 859% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, breathing appliances exports amounted to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 927%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X units) was the main destination for breathing appliances exports from Luxembourg, with a 85% share of total exports. Moreover, breathing appliances exports to Belgium exceeded the volume sent to the second major destination, Germany (X units), tenfold. The third position in this ranking was held by the Netherlands (X units), with a 3.2% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium amounted to +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+42.9% per year) and the Netherlands (+90.0% per year).

In value terms, Belgium ($X) remains the key foreign market for breathing appliances and gas masks exports from Luxembourg, comprising 81% of total exports. The second position in the ranking was taken by Germany ($X), with an 8.2% share of total exports. It was followed by the Netherlands, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+23.2% per year) and the Netherlands (+70.0% per year).

Export Prices by Country

The average breathing appliances export price stood at $X per unit in 2022, falling by -6.7% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2016 an increase of 42%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-2.6%), while the prices for the other major destinations experienced a decline.

Breathing Appliances Imports

Imports into Luxembourg

In 2022, overseas purchases of breathing appliances and gas masks decreased by -51.3% to X units, falling for the second year in a row after three years of growth. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 280% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, breathing appliances imports fell remarkably to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 181%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X units) constituted the largest breathing appliances supplier to Luxembourg, accounting for a 46% share of total imports. Moreover, breathing appliances imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. France (X units) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.0% per year) and France (+16.7% per year).

In value terms, Belgium ($X), Germany ($X) and France ($X) appeared to be the largest breathing appliances suppliers to Luxembourg, with a combined 65% share of total imports. The United States, Poland, the UK and the Netherlands lagged somewhat behind, together comprising a further 28%.

Poland, with a CAGR of +127.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average breathing appliances import price amounted to $X per unit, jumping by 34% against the previous year. Overall, the import price showed a modest increase. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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