Luxembourg: Hand-Held Blow Pipe Market 2024

Hand-Held Blow Pipe Market Size in Luxembourg

In 2021, the Luxembourg hand-held blow pipe market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Hand-Held Blow Pipe Exports

Exports from Luxembourg

After two years of growth, overseas shipments of hand-held blow pipes for soldering, brazing or welding decreased by -34.6% to X units in 2021. Over the period under review, exports, however, showed measured growth. The most prominent rate of growth was recorded in 2020 with an increase of 108% against the previous year. As a result, the exports attained the peak of X units, and then reduced notably in the following year.

In value terms, hand-held blow pipe exports reduced dramatically to $X in 2021. In general, exports, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2015 when exports increased by 92% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then fell rapidly in the following year.

Exports by Country

Belgium (X units) was the main destination for hand-held blow pipe exports from Luxembourg, with a 72% share of total exports. Moreover, hand-held blow pipe exports to Belgium exceeded the volume sent to the second major destination, France (X units), fourfold. The third position in this ranking was taken by Poland (X units), with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium totaled +22.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-2.7% per year) and Poland (+64.7% per year).

In value terms, the largest markets for hand-held blow pipe exported from Luxembourg were Belgium ($X), France ($X) and Poland ($X), together accounting for 99% of total exports.

Among the main countries of destination, Poland, with a CAGR of +90.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average hand-held blow pipe export price amounted to $X per unit, remaining stable against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 24% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Germany ($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 Poland (+19.3%), while the prices for the other major destinations experienced mixed trend patterns.

Hand-Held Blow Pipe Imports

Imports into Luxembourg

In 2021, overseas purchases of hand-held blow pipes for soldering, brazing or welding were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 35%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, hand-held blow pipe imports soared to $X in 2021. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), Taiwan (Chinese) (X units) and the Netherlands (X units) were the main suppliers of hand-held blow pipe imports to Luxembourg, with a combined 89% share of total imports. These countries were followed by France and Belgium, which together accounted for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +8.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of hand-held blow pipes for soldering, brazing or welding to Luxembourg, comprising 53% of total imports. The second position in the ranking was held by Germany ($X), with a 22% share of total imports. It was followed by France, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Taiwan (Chinese) amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.5% per year) and France (+10.7% per year).

Import Prices by Country

In 2021, the average hand-held blow pipe import price amounted to $X per unit, picking up by 6.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2016 an increase of 25% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat 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 ($X per unit), while the price for Germany ($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 (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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