Luxembourg: Totaliser Market 2024

Totaliser Market Size in Luxembourg

The Luxembourg totaliser market shrank significantly to $X in 2021, dropping by -34.3% against the previous year. Over the period under review, consumption, however, saw a buoyant increase. Totaliser consumption peaked at $X in 2020, and then reduced remarkably in the following year.

Totaliser Production in Luxembourg

In value terms, totaliser production expanded notably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable increase. The pace of growth appeared the most rapid in 2013 with an increase of 117% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Totaliser Exports

Exports from Luxembourg

After three years of growth, shipments abroad of continuous and discontinuous totalisers decreased by 0% to X units in 2021. In general, exports showed a sharp decline. The most prominent rate of growth was recorded in 2016 with an increase of 180% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, totaliser exports dropped remarkably to $X in 2021. Overall, exports showed a deep contraction. The pace of growth was the most pronounced in 2016 when exports increased by 2,789%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for totaliser exports from Luxembourg, accounting for a 80% share of total exports. Moreover, totaliser exports to the UK exceeded the volume sent to the second major destination, Germany (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled +21.9%.

In value terms, the UK ($X) emerged as the key foreign market for continuous and discontinuous totalisers exports from Luxembourg, comprising 97% of total exports. The second position in the ranking was taken by Germany ($X), with a 3.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +35.4%.

Export Prices by Country

The average totaliser export price stood at $X per unit in 2021, with a decrease of -76.3% against the previous year. Over the period under review, the export price, however, posted a significant expansion. The growth pace was the most rapid in 2014 when the average export price increased by 44,466%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Germany amounted to $X per unit.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+27.4%), while the prices for the other major destinations experienced mixed trend patterns.

Totaliser Imports

Imports into Luxembourg

Totaliser imports into Luxembourg declined markedly to X units in 2021, waning by -41.7% on 2020 figures. Over the period under review, imports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2014 with an increase of 276%. Imports peaked at X units in 2020, and then declined remarkably in the following year.

In value terms, totaliser imports expanded remarkably to $X in 2021. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 573% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest totaliser supplier to Luxembourg, accounting for a 73% share of total imports. Moreover, totaliser imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), fivefold. The third position in this ranking was held by Belgium (X units), with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+30.1% per year) and Belgium (+36.1% per year).

In value terms, Germany ($X) constituted the largest supplier of continuous and discontinuous totalisers to Luxembourg, comprising 81% of total imports. The second position in the ranking was taken by Belgium ($X), with a 15% share of total imports. It was followed by France, with a 2% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+66.5% per year) and France (+18.4% per year).

Import Prices by Country

In 2021, the average totaliser import price amounted to $X per unit, rising by 88% against the previous year. In general, the import price posted a moderate increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 135% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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