Luxembourg: Keyboards Market 2025

Keyboards Market Size in Luxembourg

The Luxembourg keyboards market surged to $X in 2022, with an increase of 16% 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, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +76.9% against 2019 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the near future.

Keyboards Exports

Exports from Luxembourg

After three years of growth, overseas shipments of keyboards decreased by -53.6% to X units in 2022. In general, exports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2015 with an increase of 46%. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, keyboards exports fell markedly to $X in 2022. Over the period under review, exports saw a mild reduction. The most prominent rate of growth was recorded in 2015 when exports increased by 19%. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

France (X units), Belgium (X units) and Germany (X units) were the main destinations of keyboards exports from Luxembourg, with a combined 52% share of total exports. The UK, Italy, Switzerland, Spain, the United States, the Netherlands, Norway, Israel, Poland and Sweden lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +91.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for keyboards exported from Luxembourg were France ($X), Germany ($X) and the United States ($X), with a combined 45% share of total exports. Belgium, the Netherlands, Italy, the UK, Spain, Poland, Switzerland, Israel, Sweden and Norway lagged somewhat behind, together comprising a further 39%.

Norway, with a CAGR of +66.1%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 2022, the average keyboards export price amounted to $X per unit, rising by 28% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average export price increased by 71% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Norway ($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 Poland (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Keyboards Imports

Imports into Luxembourg

In 2022, overseas purchases of keyboards increased by 25% to X units, rising for the third year in a row after three years of decline. In general, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +6.6% 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 +70.6% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 34%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, keyboards imports fell to $X in 2022. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +2.7% 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 +51.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48%. Over the period under review, imports attained the maximum at $X in 2021, and then dropped modestly in the following year.

Imports by Country

China (X units), the Netherlands (X units) and Belgium (X units) were the main suppliers of keyboards imports to Luxembourg, together comprising 63% of total imports. Germany, Japan, France and Denmark lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +55.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Belgium ($X) and Germany ($X) constituted the largest keyboards suppliers to Luxembourg, with a combined 52% share of total imports. Japan, the Netherlands, France and Denmark lagged somewhat behind, together accounting for a further 35%.

Among the main suppliers, Denmark, with a CAGR of +45.3%, saw the highest growth rate of 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 keyboards import price stood at $X per unit in 2022, declining by -23.2% against the previous year. Overall, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2017 an increase of 36%. The import price peaked at $X per unit in 2013; however, from 2014 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 Japan ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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