Luxembourg: Particle Accelerator Market 2024

Particle Accelerator Market Size in Luxembourg

In 2021, after two years of growth, there was significant decline in the Luxembourg particle accelerator market, when its value decreased by -30.5% to $X. In general, consumption, however, continues to indicate moderate growth. As a result, consumption reached the peak level of $X, and then shrank rapidly in the following year.

Particle Accelerator Production in Luxembourg

In value terms, particle accelerator production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2018 with an increase of 3.3%. Particle accelerator production peaked at $X in 2020, and then reduced slightly in the following year.

Particle Accelerator Exports

Exports from Luxembourg

In 2021, overseas shipments of particle accelerators decreased by -76.8% to X units, falling for the third year in a row after five years of growth. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 652% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, particle accelerator exports fell significantly to $X in 2021. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 659% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), the United States (X units) and Poland (X units) were the main destinations of particle accelerator exports from Luxembourg, together comprising 82% of total exports.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +114.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for particle accelerator exports from Luxembourg, comprising 50% of total exports. The second position in the ranking was held by the United States ($X), with a 19% share of total exports. It was followed by Poland, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +137.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+43.7% per year) and Poland (+9.9% per year).

Export Prices by Country

In 2021, the average particle accelerator export price amounted to $X per unit, declining by -15.9% against the previous year. Over the period under review, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 34%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Turkey ($X per unit), while the average price for exports to the United States ($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 Saudi Arabia (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

Particle Accelerator Imports

Imports into Luxembourg

Particle accelerator imports into Luxembourg declined markedly to X units in 2021, reducing by -82.8% against the previous year's figure. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 997% against the previous year. As a result, imports reached the peak of X units, and then fell remarkably in the following year.

In value terms, particle accelerator imports fell notably to $X in 2021. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,631% against the previous year. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.

Imports by Country

The United States (X units), France (X units) and Germany (X units) were the main suppliers of particle accelerator imports to Luxembourg, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +120.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of particle accelerator to Luxembourg, comprising 88% of total imports. The second position in the ranking was taken by France ($X), with a 10% share of total imports. It was followed by Germany, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +185.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+101.5% per year) and Germany (+47.3% per year).

Import Prices by Country

In 2021, the average particle accelerator import price amounted to $X per unit, dropping by -5.8% against the previous year. Over the period under review, the import price, however, saw a prominent expansion. The growth pace was the most rapid in 2014 when the average import price increased by 67% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then contracted in the following year.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+34.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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