Report Update Nov 1, 2024

Luxembourg - Horizontal Machining Centres for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Luxembourg: Horizontal Machining Centre Market 2024

Horizontal Machining Centre Market Size in Luxembourg

The Luxembourg horizontal machining centre market shrank sharply to $X in 2021, declining by -49.9% against the previous year. Overall, consumption saw a abrupt slump. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Horizontal Machining Centre Production in Luxembourg

In value terms, horizontal machining centre production shrank modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of 131% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Horizontal Machining Centre Exports

Exports from Luxembourg

In 2021, after two years of decline, there was significant growth in overseas shipments of horizontal machining centres for working metal, when their volume increased by 54% to X units. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2013 with an increase of 883%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, horizontal machining centre exports surged to $X in 2021. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 454%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X units), Germany (X units) and Portugal (X units) were the main destinations of horizontal machining centre exports from Luxembourg, together comprising 55% of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +69.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for horizontal machining centre exported from Luxembourg were Italy ($X), Germany ($X) and Portugal ($X), with a combined 61% share of total exports.

Italy, with a CAGR of +76.7%, recorded the highest growth rate of the value of exports, among 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

In 2021, the average horizontal machining centre export price amounted to $X per unit, jumping by 15% against the previous year. Over the period under review, the export price, however, recorded a perceptible setback. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to Spain ($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 Portugal (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Horizontal Machining Centre Imports

Imports into Luxembourg

In 2021, horizontal machining centre imports into Luxembourg surged to X units, with an increase of 62% compared with the year before. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2016 when imports increased by 797% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, horizontal machining centre imports soared to $X in 2021. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 414% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Japan (X units) was the main horizontal machining centre supplier to Luxembourg, accounting for a 92% share of total imports. Moreover, horizontal machining centre imports from Japan exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan stood at +53.9%.

In value terms, Japan ($X) constituted the largest supplier of horizontal machining centres for working metal to Luxembourg, comprising 83% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan stood at +112.3%.

Import Prices by Country

The average horizontal machining centre import price stood at $X per unit in 2021, surging by 8.5% against the previous year. Overall, the import price, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 9.3%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 Germany ($X per unit), while the price for Japan amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-3.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for horizontal machining centres for working metal in the world?

South Africa remains the largest horizontal machining centre consuming country worldwide, accounting for 47% of total volume. Moreover, horizontal machining centre consumption in South Africa exceeded the figures recorded by the second-largest consumer, Japan, sixfold. The Netherlands ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of horizontal machining centres for working metal in the world?

The countries with the highest volumes of horizontal machining centre production in 2021 were Japan, Taiwan Chinese) and South Korea, together accounting for 84% of global production. These countries were followed by Germany, Switzerland and Spain, which together accounted for a further 11%.

What are the leading suppliers of horizontal machining centres for working metal to Luxembourg?

In value terms, Japan constituted the largest supplier of horizontal machining centre to Luxembourg, comprising 84% of total imports. The second position in the ranking was occupied by Germany, with a 14% share of total imports.

What are the leading importers of horizontal machining centres for working metal from Luxembourg?

In value terms, Italy, Germany and Portugal were the largest markets for horizontal machining centre exported from Luxembourg worldwide, with a combined 61% share of total exports.

What is the average export price for horizontal machining centres for working metal in Luxembourg?

The average horizontal machining centre export price stood at $78,377 per unit in 2021, picking up by 8.5% against the previous year.

What is the average import price for horizontal machining centres for working metal in Luxembourg?

The average horizontal machining centre import price stood at $72,756 per unit in 2021, with a decrease of -2.5% against the previous year.

This report provides an in-depth analysis of the horizontal machining centre market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28411220 - Horizontal machining centres for working metal

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023