Luxembourg: Engine Generator Market 2025

Engine Generator Market Size in Luxembourg

In 2022, the Luxembourg engine generator market decreased by -36.4% to $X, falling for the second year in a row after two years of growth. Overall, consumption showed a perceptible decrease. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Engine Generator Production in Luxembourg

In value terms, engine generator production shrank markedly to $X in 2022 estimated in export price. In general, production continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2016 with an increase of 193%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Engine Generator Exports

Exports from Luxembourg

In 2022, overseas shipments of generators for internal combustion engines increased by 179% to X units, rising for the second consecutive year after two years of decline. In general, exports recorded a pronounced increase. The most prominent rate of growth was recorded in 2016 with an increase of 1,637% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, engine generator exports stood at $X in 2022. Over the period under review, exports posted moderate growth. The pace of growth was the most pronounced in 2016 with an increase of 1,490%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for engine generator exports from Luxembourg, with a 77% share of total exports. Moreover, engine generator exports to Belgium exceeded the volume sent to the second major destination, France (X units), sixfold. The third position in this ranking was taken by the UK (X units), with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled +34.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-13.5% per year) and the UK (+8,550.0% per year).

In value terms, Belgium ($X) remains the key foreign market for generators for internal combustion engines exports from Luxembourg, comprising 77% of total exports. The second position in the ranking was held by France ($X), with a 14% share of total exports. It was followed by the UK, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at +34.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-13.5% per year) and the UK (+5,212.4% per year).

Export Prices by Country

The average engine generator export price stood at $X per unit in 2022, which is down by -60.6% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 95% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($X per unit) and France ($X per unit), while the average price for exports to Germany ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.0%), while the prices for the other major destinations experienced mixed trend patterns.

Engine Generator Imports

Imports into Luxembourg

In 2022, overseas purchases of generators for internal combustion engines increased by 24% to X units, rising for the third consecutive year after four years of decline. Overall, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 336% against the previous year. Over the period under review, imports attained the peak figure at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, engine generator imports reduced slightly to $X in 2022. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 343%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), Belgium (X units) and France (X units) were the main suppliers of engine generator imports to Luxembourg, with a combined 77% share of total imports. The United States, Spain, the Netherlands, Poland and Hungary lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +43.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and France ($X) constituted the largest engine generator suppliers to Luxembourg, with a combined 77% share of total imports. The United States, Spain, the Netherlands, Poland and Hungary lagged somewhat behind, together accounting for a further 18%.

Among the main suppliers, Spain, with a CAGR of +46.0%, 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

In 2022, the average engine generator import price amounted to $X per unit, falling by -22% against the previous year. In general, the import price, however, saw a modest expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 110% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hungary ($X per unit) and the Netherlands ($X per unit), while the price for Poland ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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