Luxembourg: Metal Gas Appliances Market 2024

Metal Gas Appliances Market Size in Luxembourg

The Luxembourg metal gas appliances market reduced remarkably to $X in 2022, with a decrease of -17.2% 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). In general, consumption continues to indicate a perceptible downturn. Metal gas appliances consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Metal Gas Appliances Exports

Exports from Luxembourg

Metal gas appliances exports from Luxembourg contracted markedly to X units in 2022, which is down by -73.6% compared with the previous year. Overall, exports saw a precipitous slump. The growth pace was the most rapid in 2018 with an increase of 494%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal gas appliances exports dropped sharply to $X in 2022. In general, exports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2018 when exports increased by 423%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for metal gas appliances exports from Luxembourg, with a 60% share of total exports. Moreover, metal gas appliances exports to France exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was taken by Belgium (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at -29.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-36.9% per year) and Belgium (-33.0% per year).

In value terms, France ($X) remains the key foreign market for iron or steel gas domestic appliances exports from Luxembourg, comprising 73% of total exports. The second position in the ranking was taken by Malta ($X), with a 15% share of total exports. It was followed by Belgium, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value to France stood at -33.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malta (0.0% per year) and Belgium (-35.3% per year).

Export Prices by Country

The average metal gas appliances export price stood at $X per unit in 2022, increasing by 13% against the previous year. Overall, the export price, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2016 an increase of 73% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, 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 Malta ($X per unit), while the average price for exports to Germany ($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 Belgium (-3.5%), while the prices for the other major destinations experienced a decline.

Metal Gas Appliances Imports

Imports into Luxembourg

In 2022, metal gas appliances imports into Luxembourg reduced to X units, shrinking by -5.1% against 2021 figures. Overall, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of 100%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, metal gas appliances imports shrank markedly to $X in 2022. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 61%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of metal gas appliances to Luxembourg, with a 55% share of total imports. Moreover, metal gas appliances imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. The third position in this ranking was held by France (X units), with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+58.1% per year) and France (-6.0% per year).

In value terms, Germany ($X) constituted the largest supplier of iron or steel gas domestic appliances to Luxembourg, comprising 57% of total imports. The second position in the ranking was held by Austria ($X), with a 15% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+55.8% per year) and Belgium (-16.1% per year).

Import Prices by Country

In 2022, the average metal gas appliances import price amounted to $X per unit, with a decrease of -23.5% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2020 an increase of 38%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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