Luxembourg: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Luxembourg

In 2021, the Luxembourg filling containers machinery market increased by 99% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption posted a buoyant increase. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Filling Containers Machinery Production in Luxembourg

In value terms, filling containers machinery production amounted to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 2,934% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Filling Containers Machinery Exports

Exports from Luxembourg

In 2021, overseas shipments of machinery for filling, closing, sealing, capsuling or labelling containers decreased by -34% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 720%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, filling containers machinery exports surged to $X in 2021. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 807%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for filling containers machinery exports from Luxembourg, accounting for a 66% share of total exports. Moreover, filling containers machinery exports to Germany exceeded the volume sent to the second major destination, France (X units), sevenfold. The third position in this ranking was held by Jordan (X units), with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +20.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+136.9% per year) and Jordan (+301.7% per year).

In value terms, Germany ($X), France ($X) and Jordan ($X) appeared to be the largest markets for filling containers machinery exported from Luxembourg worldwide, with a combined 67% share of total exports.

Jordan, with a CAGR of +252.8%, 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

The average filling containers machinery export price stood at $X per unit in 2021, with an increase of 89% against the previous year. Over the period under review, the export price showed resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 429% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Indonesia ($X per unit), while the average price for exports to Germany ($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 France (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into Luxembourg

In 2021, approx. X units of machinery for filling, closing, sealing, capsuling or labelling containers were imported into Luxembourg; with a decrease of -26.3% compared with 2020 figures. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 659%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, filling containers machinery imports surged to $X in 2021. Over the period under review, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 344%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X units) constituted the largest supplier of filling containers machinery to Luxembourg, with a 66% share of total imports. Moreover, filling containers machinery imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The third position in this ranking was taken by France (X units), with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +83.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.5% per year) and France (+0.1% per year).

In value terms, Belgium ($X), Sweden ($X) and France ($X) appeared to be the largest filling containers machinery suppliers to Luxembourg, together accounting for 71% of total imports.

In terms of the main suppliers, Sweden, with a CAGR of +201.1%, 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 filling containers machinery import price stood at $X per unit in 2021, rising by 59% against the previous year. Overall, the import price, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2018 an increase of 136%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+414.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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