Luxembourg: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2025

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Luxembourg

The Luxembourg market for iron or steel gas domestic cooking appliances and plate warmers fell significantly to $X in 2022, with a decrease of -18.9% 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). Over the period under review, consumption continues to indicate a slight reduction. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Luxembourg

In 2022, overseas shipments of iron or steel gas domestic cooking appliances and plate warmers decreased by -5.8% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 245%. Over the period under review, the exports of reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers rose modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 628% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X units), France (X units) and Belgium (X units) were the main destinations of exports of iron or steel gas domestic cooking appliances and plate warmers from Luxembourg, with a combined 97% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +54.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for iron or steel gas domestic cooking appliances and plate warmers exports from Luxembourg, comprising 64% of total exports. The second position in the ranking was held by France ($X), with a 23% share of total exports. It was followed by Belgium, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +61.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+35.1% per year) and Belgium (+6.2% per year).

Export Prices by Country

The average export price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, rising by 7.9% against the previous year. In general, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 111% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 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 Germany ($X per unit), while the average price for exports to Italy ($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 Italy (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Luxembourg

In 2022, approx. X units of iron or steel gas domestic cooking appliances and plate warmers were imported into Luxembourg; with a decrease of -13.2% against the previous year's figure. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +17.5% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 47% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers dropped remarkably to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports reached the peak of $X, and then declined markedly in the following year.

Imports by Country

Germany (X units), Belgium (X units) and the Netherlands (X units) were the main suppliers of imports of iron or steel gas domestic cooking appliances and plate warmers to Luxembourg, with a combined 56% share of total imports. China, France, Italy, Canada, Spain, the UK and the United States lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +26.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) were the largest iron or steel gas domestic cooking appliances and plate warmers suppliers to Luxembourg, with a combined 53% share of total imports. China, France, Canada, Italy, Spain, the United States and the UK lagged somewhat behind, together accounting for a further 29%.

In terms of the main suppliers, Canada, with a CAGR of +32.6%, 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 import price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, waning by -7.3% against the previous year. Overall, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2020 an increase of 64% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform