Luxembourg: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Luxembourg

The Luxembourg respiration apparatus market soared to $X in 2021, rising by 6,554% against the previous year. Overall, consumption showed a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Respiration Apparatus Production in Luxembourg

In value terms, respiration apparatus production soared to $X in 2021 estimated in export price. Over the period under review, production recorded a noticeable expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 1,383%. Respiration apparatus production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Respiration Apparatus Exports

Exports from Luxembourg

In 2021, overseas shipments of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of 3,573%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, respiration apparatus exports surged to $X in 2021. In general, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2015 when exports increased by 1,460% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for respiration apparatus exports from Luxembourg, accounting for a 69% share of total exports. Moreover, respiration apparatus exports to Oman exceeded the volume sent to the second major destination, Nepal (X kg), fivefold. The third position in this ranking was taken by Belgium (X kg), with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman stood at +72.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (0.0% per year) and Belgium (+4.9% per year).

In value terms, Nepal ($X) emerged as the key foreign market for respiration apparatus exports from Luxembourg, comprising 58% of total exports. The second position in the ranking was held by Oman ($X), with a 28% share of total exports. It was followed by Belgium, with a 9.8% share.

From 2012 to 2021, the average annual growth rate of value to Nepal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+82.4% per year) and Belgium (+33.2% per year).

Export Prices by Country

In 2021, the average respiration apparatus export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price, however, posted a pronounced expansion. The pace of growth was the most pronounced in 2019 an increase of 968%. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then contracted modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Nepal ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+213.5%), while the prices for the other major destinations experienced more modest paces of growth.

Respiration Apparatus Imports

Imports into Luxembourg

In 2021, supplies from abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus increased by 8,178% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, respiration apparatus imports dropped notably to $X in 2021. Overall, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 273% against the previous year. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

France (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of respiration apparatus imports to Luxembourg, together comprising 88% of total imports. Germany, Spain and Canada lagged somewhat behind, together comprising a further 11%.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +532.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest respiration apparatus suppliers to Luxembourg were Belgium ($X), France ($X) and the Netherlands ($X), together comprising 88% of total imports. These countries were followed by Germany, Spain and Canada, which together accounted for a further 10%.

Among the main suppliers, Spain, with a CAGR of +116.5%, recorded the highest rates of growth with regard to 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

In 2021, the average respiration apparatus import price amounted to $X per ton, with a decrease of -99.7% against the previous year. Over the period under review, the import price recorded a sharp reduction. The pace of growth appeared the most rapid in 2014 an increase of 1,168% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then reduced rapidly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-6.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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