Luxembourg: Industrial Bakery Machinery Market 2025

Industrial Bakery Machinery Market Size in Luxembourg

The Luxembourg industrial bakery machinery market surged to $X in 2022, growing by 62% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed buoyant growth. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Industrial Bakery Machinery Exports

Exports from Luxembourg

Industrial bakery machinery exports from Luxembourg fell rapidly to X units in 2022, which is down by -17.9% against 2021. In general, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 300% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, industrial bakery machinery exports shrank sharply to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 208% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X units) was the main destination for industrial bakery machinery exports from Luxembourg, accounting for a 76% share of total exports. Moreover, industrial bakery machinery exports to Belgium exceeded the volume sent to the second major destination, France (X units), fivefold. The third position in this ranking was taken by Portugal (X units), with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium totaled +24.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.3% per year) and Portugal (0.0% per year).

In value terms, Belgium ($X) emerged as the key foreign market for industrial bakery machinery exports from Luxembourg, comprising 57% of total exports. The second position in the ranking was taken by France ($X), with a 13% share of total exports. It was followed by Switzerland, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium stood at +11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.0% per year) and Switzerland (+3.2% per year).

Export Prices by Country

The average industrial bakery machinery export price stood at $X per unit in 2022, declining by -48.2% against the previous year. Overall, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 497% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Belgium ($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 Switzerland (+14.0%), while the prices for the other major destinations experienced a decline.

Industrial Bakery Machinery Imports

Imports into Luxembourg

In 2022, approx. X units of industrial bakery machinery were imported into Luxembourg; growing by 42% against 2021 figures. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2015 when imports increased by 380%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, industrial bakery machinery imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 458%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, France (X units) constituted the largest industrial bakery machinery supplier to Luxembourg, with a 62% share of total imports. Moreover, industrial bakery machinery imports from France exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Italy (X units) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France amounted to +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.7% per year) and Italy (+9.6% per year).

In value terms, the largest industrial bakery machinery suppliers to Luxembourg were France ($X), Germany ($X) and Belgium ($X), with a combined 83% share of total imports.

Among the main suppliers, France, with a CAGR of +23.7%, saw 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 industrial bakery machinery import price stood at $X per unit in 2022, with an increase of 20% against the previous year. In general, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 315% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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