Luxembourg: Industrial Robot Market 2024

Industrial Robot Market Size in Luxembourg

In 2021, the Luxembourg industrial robot market increased by 439% to $X, rising for the fourth consecutive year after three years of decline. Over the period under review, consumption enjoyed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Industrial Robot Production in Luxembourg

In value terms, industrial robot production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by 613% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Industrial Robot Exports

Exports from Luxembourg

In 2021, overseas shipments of industrial robots for multiple uses decreased by -22.3% to X units, falling for the third consecutive year after five years of growth. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 196% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, industrial robot exports fell modestly to $X in 2021. Over the period under review, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 111%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units), France (X units) and Turkey (X units) were the main destinations of industrial robot exports from Luxembourg, together comprising 88% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +120.5%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Turkey ($X) appeared to be the largest markets for industrial robot exported from Luxembourg worldwide, together comprising 74% of total exports. Italy, the Netherlands, Belgium, the Czech Republic and Spain lagged somewhat behind, together accounting for a further 15%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +330.7%, recorded the highest rates of growth with regard to the value of exports, 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 industrial robot export price amounted to $X per unit, picking up by 23% against the previous year. Overall, the export price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 34% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

Industrial Robot Imports

Imports into Luxembourg

In 2021, supplies from abroad of industrial robots for multiple uses decreased by -19.8% to X units, falling for the fourth consecutive year after four years of growth. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 226% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, industrial robot imports expanded sharply to $X in 2021. Overall, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2017 when imports increased by 148%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Japan (X units) was the main industrial robot supplier to Luxembourg, accounting for a 94% share of total imports. It was followed by Italy (X units), with a 2.8% share of total imports. Germany (X units) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2021, the average annual growth rate of volume from Japan stood at +41.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.5% per year) and Germany (+1.9% per year).

In value terms, Japan ($X) constituted the largest supplier of industrial robots for multiple uses to Luxembourg, comprising 80% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports. It was followed by Germany, with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan amounted to +30.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.6% per year) and Germany (-3.8% per year).

Import Prices by Country

The average industrial robot import price stood at $X per unit in 2021, rising by 34% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt setback. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+19.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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