Report Update Nov 1, 2024

Luxembourg - Machine Tools for Working Metal Without Removing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Market for Machine Tools For Working Metal Without Removing Metal 2024

Market Size for Machine Tools For Working Metal Without Removing Metal in Luxembourg

The Luxembourg machine tool for metal market reduced to $X in 2021, stabilizing at the previous year. Overall, consumption saw a slight downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Machine Tools For Working Metal Without Removing Metal in Luxembourg

In value terms, machine tool for metal production amounted to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. Machine tool for metal production peaked in 2021 and is expected to retain growth in years to come.

Exports of Machine Tools For Working Metal Without Removing Metal

Exports from Luxembourg

In 2021, approx. X units of machine tools for working metal without removing metal were exported from Luxembourg; increasing by 10,400% against the year before. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, machine tool for metal exports skyrocketed to $X in 2021. In general, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units) and Switzerland (X units) were the main destinations of machine tool for metal exports from Luxembourg.

From 2013 to 2021, the biggest increases were recorded for France (with a CAGR of +58.7%).

In value terms, the largest markets for machine tool for metal exported from Luxembourg were France ($X) and Switzerland ($X).

France, with a CAGR of +2.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average machine tool for metal export price amounted to $X per unit, waning by -60.8% against the previous year. In general, the export price showed a significant contraction. The growth pace was the most rapid in 2020 an increase of 142%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Switzerland totaled $X per unit.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-35.9%).

Imports of Machine Tools For Working Metal Without Removing Metal

Imports into Luxembourg

In 2021, the amount of machine tools for working metal without removing metal imported into Luxembourg fell notably to X units, declining by -35.3% compared with the previous year. Overall, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2014 with an increase of 523% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, machine tool for metal imports declined markedly to $X in 2021. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2014 when imports increased by 688% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, France (X units) constituted the largest machine tool for metal supplier to Luxembourg, with a 61% share of total imports. Moreover, machine tool for metal imports from France exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Switzerland (X units) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to +27.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.6% per year) and Switzerland (+52.3% per year).

In value terms, France ($X) constituted the largest supplier of machine tools for working metal without removing metal to Luxembourg, comprising 48% of total imports. The second position in the ranking was held by Switzerland ($X), with a 24% share of total imports. It was followed by Italy, with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+53.0% per year) and Italy (-14.6% per year).

Import Prices by Country

In 2021, the average machine tool for metal import price amounted to $X per unit, jumping by 28% against the previous year. Overall, the import price, however, saw a mild downturn. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+40.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machine tools for working metal without removing metal in the world?

The countries with the highest volumes of machine tool for metal consumption in 2020 were the United States, Taiwan Chinese) and Nigeria, together accounting for 43% of global consumption.

What are the largest producers of machine tools for working metal without removing metal in the world?

The countries with the highest volumes of machine tool for metal production in 2020 were the United States, Taiwan Chinese) and Germany, together comprising 65% of global production. These countries were followed by Japan, Switzerland, Italy and Denmark, which together accounted for a further 27%.

What are the leading suppliers of machine tools for working metal without removing metal to Luxembourg?

In value terms, France constituted the largest supplier of machine tool for metal to Luxembourg, comprising 86% of total imports. The second position in the ranking was occupied by Italy, with an 8.1% share of total imports. It was followed by Belgium, with a 4% share.

What are the leading importers of machine tools for working metal without removing metal from Luxembourg?

In value terms, Germany remains the key foreign market for machine tool for metal exports from Luxembourg.

What is the average export price for machine tools for working metal without removing metal in Luxembourg?

The average machine tool for metal export price stood at $1,579 per unit in 2020, growing by 156% against the previous year.

What is the average import price for machine tools for working metal without removing metal in Luxembourg?

The average machine tool for metal import price stood at $853 per unit in 2020, reducing by -21.4% against the previous year.

This report provides an in-depth analysis of the market for machine tool for metal in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28413470 - Riveting machines, swaging machines and spinning lathes for working metal, machines for manufacturing flexible tubes of spiral metal strip and electro-magnetic pulse metal forming machines, and other machine tools for working metal without removing metal

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023