Luxembourg: Non-Electric Chainsaw Market 2024

Non-Electric Chainsaw Market Size in Luxembourg

After two years of growth, the Luxembourg non-electric chainsaw market decreased by -6.2% to $X in 2022. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Non-electric chainsaw consumption peaked at $X in 2021, and then reduced in the following year.

Non-Electric Chainsaw Exports

Exports from Luxembourg

Non-electric chainsaw exports from Luxembourg contracted notably to X units in 2022, waning by -76.7% on the previous year. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 373%. The exports peaked at X units in 2021, and then reduced notably in the following year.

In value terms, non-electric chainsaw exports shrank significantly to $X in 2022. In general, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2016 when exports increased by 953% against the previous year. The exports peaked at $X in 2021, and then fell sharply in the following year.

Exports by Country

France (X units) was the main destination for non-electric chainsaw exports from Luxembourg, with a 71% share of total exports. Moreover, non-electric chainsaw exports to France exceeded the volume sent to the second major destination, Belgium (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to France amounted to +55.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-3.9% per year) and Germany (-7.2% per year).

In value terms, France ($X) remains the key foreign market for chainsaws with a self-contained non-electric motor exports from Luxembourg, comprising 75% of total exports. The second position in the ranking was held by Belgium ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +55.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+2.8% per year) and Germany (+4.2% per year).

Export Prices by Country

The average non-electric chainsaw export price stood at $X per unit in 2022, picking up by 14% against the previous year. In general, the export price posted a strong increase. The growth pace was the most rapid in 2016 an increase of 123% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Belgium ($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 Germany (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Chainsaw Imports

Imports into Luxembourg

In 2022, overseas purchases of chainsaws with a self-contained non-electric motor decreased by -8.1% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.1% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 62% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then shrank in the following year.

In value terms, non-electric chainsaw imports dropped markedly to $X in 2022. In general, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of non-electric chainsaw to Luxembourg, with a 82% share of total imports. Moreover, non-electric chainsaw imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), eightfold. China (X units) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-6.2% per year) and China (+0.3% per year).

In value terms, Germany ($X) constituted the largest supplier of chainsaws with a self-contained non-electric motor to Luxembourg, comprising 70% of total imports. The second position in the ranking was taken by Belgium ($X), with a 19% share of total imports. It was followed by France, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-6.9% per year) and France (+63.5% per year).

Import Prices by Country

The average non-electric chainsaw import price stood at $X per unit in 2022, falling by -22% against the previous year. Over the period under review, the import price saw a noticeable descent. The pace of growth appeared the most rapid in 2018 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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