Luxembourg: Medical Steriliser Market 2024

Medical Steriliser Market Size in Luxembourg

The Luxembourg medical steriliser market soared to $X in 2022, growing by 92% against the previous year. Overall, consumption recorded a buoyant expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Medical Steriliser Production in Luxembourg

In value terms, medical steriliser production dropped rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 1,974% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Medical Steriliser Exports

Exports from Luxembourg

In 2022, medical steriliser exports from Luxembourg shrank markedly to X units, declining by -61.8% on 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 529%. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, medical steriliser exports fell rapidly to $X in 2022. In general, exports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2018 when exports increased by 512%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Belgium (X units) was the main destination for medical steriliser exports from Luxembourg, with a 62% share of total exports. Moreover, medical steriliser exports to Belgium exceeded the volume sent to the second major destination, Cote d'Ivoire (X units), fourfold. The third position in this ranking was taken by France (X units), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (-3.1% per year) and France (0.0% per year).

In value terms, Belgium ($X) emerged as the key foreign market for medical, surgical or laboratory sterilisers exports from Luxembourg, comprising 73% of total exports. The second position in the ranking was held by France ($X), with an 18% share of total exports. It was followed by Burkina Faso, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value to Belgium amounted to +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+4.8% per year) and Burkina Faso (+5.1% per year).

Export Prices by Country

In 2022, the average medical steriliser export price amounted to $X per unit, surging by 14% against the previous year. In general, the export price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 121%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Cote d'Ivoire ($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 Austria (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Steriliser Imports

Imports into Luxembourg

In 2022, purchases abroad of medical, surgical or laboratory sterilisers increased by 249% to X units, rising for the second consecutive year after two years of decline. Overall, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, medical steriliser imports surged to $X in 2022. Over the period under review, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2018 when imports increased by 427% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X units) constituted the largest supplier of medical steriliser to Luxembourg, with a 59% share of total imports. Moreover, medical steriliser imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The UK (X units) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at +28.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.7% per year) and the UK (+18.6% per year).

In value terms, Germany ($X), Belgium ($X) and France ($X) appeared to be the largest medical steriliser suppliers to Luxembourg, with a combined 81% share of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +25.3%, recorded 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 medical steriliser import price stood at $X per unit in 2022, falling by -27.7% against the previous year. Overall, the import price, however, continues to indicate mild growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 177% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+43.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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