Luxembourg: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in Luxembourg

The Luxembourg appliance part brush market shrank sharply to $X in 2022, falling by -49.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a noticeable contraction. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Appliance Part Brush Exports

Exports from Luxembourg

Appliance part brush exports from Luxembourg soared to X units in 2022, with an increase of 44% against the previous year. Overall, exports saw a prominent increase. The growth pace was the most rapid in 2019 when exports increased by 424% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, appliance part brush exports rose notably to $X in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2018 with an increase of 151%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X units) was the main destination for appliance part brush exports from Luxembourg, accounting for a 62% share of total exports. Moreover, appliance part brush exports to Germany exceeded the volume sent to the second major destination, France (X units), sevenfold. The third position in this ranking was taken by Belgium (X units), with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+24.7% per year) and Belgium (-8.3% per year).

In value terms, the largest markets for appliance part brush exported from Luxembourg were Germany ($X), France ($X) and the Netherlands ($X), together comprising 54% of total exports. The United States, Belgium, the UK and Italy lagged somewhat behind, together accounting for a further 27%.

The United States, with a CAGR of +75.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average appliance part brush export price stood at $X per unit in 2022, shrinking by -25.1% against the previous year. In general, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 170% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($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 the United States (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Appliance Part Brush Imports

Imports into Luxembourg

In 2022, appliance part brush imports into Luxembourg fell markedly to X units, dropping by -54.2% on the previous year. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 104%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, appliance part brush imports dropped rapidly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 135%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest appliance part brush supplier to Luxembourg, accounting for a 46% share of total imports. Moreover, appliance part brush imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. Italy (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled -9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+0.7% per year) and Italy (+19.3% per year).

In value terms, Germany ($X), Italy ($X) and the United States ($X) appeared to be the largest appliance part brush suppliers to Luxembourg, together accounting for 65% of total imports.

Italy, with a CAGR of +21.4%, saw the highest rates of growth with regard to 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

The average appliance part brush import price stood at $X per unit in 2022, increasing by 52% against the previous year. Over the period under review, the import price enjoyed perceptible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the Netherlands ($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 United States (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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