Luxembourg: Mattocks And Rakes Market 2024

Mattocks And Rakes Market Size in Luxembourg

The Luxembourg mattocks and rakes market shrank to $X in 2022, dropping by -7.3% 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 relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Mattocks And Rakes Exports

Exports from Luxembourg

In 2022, mattocks and rakes exports from Luxembourg soared to X kg, increasing by 338% against 2021 figures. Over the period under review, exports enjoyed a notable increase. The growth pace was the most rapid in 2018 with an increase of 1,748% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, mattocks and rakes exports surged to $X in 2022. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 1,869% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X kg) was the main destination for mattocks and rakes exports from Luxembourg, accounting for a 94% share of total exports. Moreover, mattocks and rakes exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X kg), more than tenfold. Germany (X kg) ranked third in terms of total exports with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium totaled +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-4.1% per year) and Germany (-3.8% per year).

In value terms, Belgium ($X) emerged as the key foreign market for mattocks, picks, hoes and rakes exports from Luxembourg, comprising 95% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 2.4% share of total exports. It was followed by Germany, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+17.8% per year) and Germany (+6.1% per year).

Export Prices by Country

The average mattocks and rakes export price stood at $X per ton in 2022, growing by 13% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mattocks and rakes export price increased by +27.5% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 54%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Mattocks And Rakes Imports

Imports into Luxembourg

In 2022, after two years of decline, there was significant growth in overseas purchases of mattocks, picks, hoes and rakes, when their volume increased by 13% to X tons. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 49%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mattocks and rakes imports fell to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 31% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest mattocks and rakes supplier to Luxembourg, accounting for a 44% share of total imports. Moreover, mattocks and rakes imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with a 19% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.0% per year) and Belgium (+9.0% per year).

In value terms, Germany ($X) constituted the largest supplier of mattocks, picks, hoes and rakes to Luxembourg, comprising 54% of total imports. The second position in the ranking was taken by France ($X), with a 19% share of total imports. It was followed by Belgium, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+2.5% per year) and Belgium (+8.6% per year).

Import Prices by Country

The average mattocks and rakes import price stood at $X per ton in 2022, with a decrease of -20.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31%. As a result, import price reached the peak level of $X per ton, and then contracted markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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