Luxembourg: Electronic Chip Market 2025

Electronic Chip Market Size in Luxembourg

In 2021, the Luxembourg electronic chip market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption, however, continues to indicate a abrupt slump. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Electronic Chip Exports

Exports from Luxembourg

In 2021, approx. X units of electronic chips were exported from Luxembourg; jumping by 67% compared with 2020 figures. Overall, exports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2018 when exports increased by 90% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, electronic chip exports surged to $X in 2021. Over the period under review, exports, however, faced a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X units) was the main destination for electronic chip exports from Luxembourg, accounting for a 22% share of total exports. Moreover, electronic chip exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. The United States (X units) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-21.3% per year) and the United States (-7.6% per year).

In value terms, Belgium ($X) emerged as the key foreign market for electronic chips exports from Luxembourg, comprising 32% of total exports. The second position in the ranking was taken by Germany ($X), with an 11% share of total exports. It was followed by Portugal, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium totaled +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-8.4% per year) and Portugal (+21.9% per year).

Export Prices by Country

In 2021, the average electronic chip export price amounted to $X per unit, dropping by -6.8% against the previous year. In general, the export price, however, saw slight growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 92% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, 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 Germany ($X per unit), while the average price for exports to Japan (less than $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 Germany (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Chip Imports

Imports into Luxembourg

In 2021, after four years of decline, there was significant growth in purchases abroad of electronic chips, when their volume increased by 67% to X units. In general, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 84%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, electronic chip imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a deep contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), Belgium (X units) and the Philippines (X units) were the main suppliers of electronic chip imports to Luxembourg, together accounting for 63% of total imports. These countries were followed by Slovakia, Japan, Portugal, the Netherlands, China, Hong Kong SAR, the United States, France, Italy and the UK, which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +154.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the Philippines ($X) constituted the largest electronic chip suppliers to Luxembourg, with a combined 66% share of total imports. These countries were followed by Japan, the Netherlands, France, Slovakia, Portugal, the United States, China, Hong Kong SAR, Italy and the UK, which together accounted for a further 25%.

In terms of the main suppliers, Slovakia, with a CAGR of +130.0%, saw the highest growth rate of 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 electronic chip import price stood at $X per unit in 2021, with an increase of 2.6% against the previous year. In general, the import price, however, showed a noticeable reduction. The growth pace was the most rapid in 2013 an increase of 48%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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 France ($X per unit), while the price for China (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :