Luxembourg: Refrigerated Show-Cases Market 2024

Refrigerated Show-Cases Market Size in Luxembourg

The Luxembourg refrigerated show-cases market soared to $X in 2022, with an increase of 114% against the previous year. In general, consumption showed a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Refrigerated Show-Cases Production in Luxembourg

In value terms, refrigerated show-cases production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2018 with an increase of 104% against the previous year. Refrigerated show-cases production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Refrigerated Show-Cases Exports

Exports from Luxembourg

In 2022, after two years of growth, there was significant decline in shipments abroad of refrigerated show-caseses, when their volume decreased by -20.4% to X units. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 86%. As a result, the exports attained the peak of X units, and then reduced sharply in the following year.

In value terms, refrigerated show-cases exports declined notably to $X in 2022. Over the period under review, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2018 when exports increased by 630%. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Democratic Republic of the Congo (X units), Nigeria (X units) and Ethiopia (X units) were the main destinations of refrigerated show-cases exports from Luxembourg, together comprising 51% of total exports. Ecuador, Venezuela, Indonesia, Somalia, Belgium, the Philippines, Sierra Leone, Bolivia, Zambia and Madagascar lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bolivia (with a CAGR of +274.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refrigerated show-cases exported from Luxembourg were Democratic Republic of the Congo ($X), Nigeria ($X) and Ethiopia ($X), together comprising 45% of total exports. Ecuador, Venezuela, Somalia, the Philippines, Bolivia, Indonesia, Madagascar, Zambia, Sierra Leone and Belgium lagged somewhat behind, together comprising a further 23%.

Bolivia, with a CAGR of +252.2%, recorded the highest growth rate of 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

In 2022, the average refrigerated show-cases export price amounted to $X per unit, with an increase of 4.9% against the previous year. Overall, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of 305%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Belgium ($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 Zambia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerated Show-Cases Imports

Imports into Luxembourg

In 2022, the amount of refrigerated show-caseses imported into Luxembourg dropped significantly to X units, which is down by -49.6% compared with 2021. Over the period under review, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2018 with an increase of 96%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, refrigerated show-cases imports dropped remarkably to $X in 2022. In general, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X units), Germany (X units) and Belgium (X units) were the main suppliers of refrigerated show-cases imports to Luxembourg, with a combined 67% share of total imports. Austria, Hungary, Italy and China lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +15.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest refrigerated show-cases suppliers to Luxembourg were France ($X), Italy ($X) and Belgium ($X), together comprising 57% of total imports. Germany, Hungary, Austria and China lagged somewhat behind, together accounting for a further 32%.

In terms of the main suppliers, Hungary, with a CAGR of +21.8%, 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 refrigerated show-cases import price stood at $X per unit in 2022, surging by 13% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refrigerated show-cases import price decreased by -2.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 55%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform