Luxembourg: Diode Market 2024

Diode Market Size in Luxembourg

The Luxembourg diode market was estimated at $X in 2021, leveling off at 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). In general, consumption continues to indicate a abrupt decrease. Diode consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Diode Exports

Exports from Luxembourg

In 2021, approx. X units of diodes, other than photosensitive or light emitting diodes were exported from Luxembourg; which is down by -39.9% compared with the year before. Overall, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2013 when exports increased by 1,047% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, diode exports declined sharply to $X in 2021. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 1,711%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for diode exports from Luxembourg, with a 40% share of total exports. Moreover, diode exports to Belgium exceeded the volume sent to the second major destination, Spain (X units), twofold. The third position in this ranking was taken by Thailand (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium stood at +27.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+7.6% per year) and Thailand (+64.1% per year).

In value terms, Germany ($X), Italy ($X) and Belgium ($X) constituted the largest markets for diode exported from Luxembourg worldwide, together comprising 54% of total exports. These countries were followed by Thailand, Spain, India, France and Sweden, which together accounted for a further 22%.

In terms of the main countries of destination, India, with a CAGR of +91.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average diode export price amounted to $X per unit, increasing by 5.5% against the previous year. Over the period under review, the export price saw a moderate increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 84%. Over the period under review, the average export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat 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 Germany ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Diode Imports

Imports into Luxembourg

In 2021, the amount of diodes, other than photosensitive or light emitting diodes imported into Luxembourg dropped markedly to X units, falling by -20.7% compared with the year before. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 182%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, diode imports contracted to $X in 2021. Over the period under review, imports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 186%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

France (X units), Germany (X units) and Belgium (X units) were the main suppliers of diode imports to Luxembourg, with a combined 73% share of total imports. These countries were followed by Mexico, the Philippines, Sweden, Japan, China and the United States, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +63.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest diode suppliers to Luxembourg were Germany ($X), France ($X) and Mexico ($X), together comprising 77% of total imports. Japan, Belgium, Sweden, the United States, China and the Philippines lagged somewhat behind, together accounting for a further 19%.

Among the main suppliers, Sweden, with a CAGR of +77.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average diode import price stood at $X per unit in 2021, picking up by 16% against the previous year. In general, the import price recorded a remarkable increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 149% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

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 the United States ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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