Luxembourg: Resistor Market 2024

Resistor Market Size in Luxembourg

In 2022, the Luxembourg resistor market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, showed a mild contraction. Resistor consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Resistor Production in Luxembourg

In value terms, resistor production contracted to $X in 2022 estimated in export price. In general, production, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Resistor Exports

Exports from Luxembourg

In 2022, exports of electrical resistors (except heating resistors) from Luxembourg contracted to X units, almost unchanged from 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, resistor exports reduced slightly to $X in 2022. Overall, exports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), France (X units) and China (X units) were the main destinations of resistor exports from Luxembourg, together accounting for X% of total exports. Mexico, the UK, Poland, the United States, Turkey, the Czech Republic, Hungary, Serbia, Slovakia and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and China ($X) were the largest markets for resistor exported from Luxembourg worldwide, with a combined X% share of total exports. France, the Czech Republic, the UK, the United States, Hungary, Turkey, Poland, Mexico, Serbia and Spain lagged somewhat behind, together accounting for a further X%.

Serbia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 resistor export price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price showed a perceptible setback. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Mexico ($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 Slovakia (X%), while the prices for the other major destinations experienced a decline.

Resistor Imports

Imports into Luxembourg

In 2022, resistor imports into Luxembourg surged to X units, picking up by X% compared with the year before. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, resistor imports reached $X in 2022. In general, imports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), France (X units) and South Korea (X units) were the main suppliers of resistor imports to Luxembourg, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest resistor suppliers to Luxembourg were Slovakia ($X), Germany ($X) and South Korea ($X), with a combined X% share of total imports.

Among the main suppliers, South Korea, with a CAGR of X%, 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 resistor import price stood at $X per thousand units in 2022, reducing by X% against the previous year. Over the period under review, the import price faced a deep contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per thousand units in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per thousand units), while the price for the Czech Republic ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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