Luxembourg: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in Luxembourg

The Luxembourg scrapers excavator market contracted dramatically to $X in 2022, shrinking by -56.5% against the previous year. Overall, consumption faced a precipitous setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Scrapers Excavator Production in Luxembourg

In value terms, scrapers excavator production fell to $X in 2022 estimated in export price. In general, production showed a dramatic contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 42% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Scrapers Excavator Exports

Exports from Luxembourg

In 2022, the amount of scrapers earth moving, excavating, extracting machinery (not self-propelled) exported from Luxembourg skyrocketed to X units, with an increase of 46% against the previous year's figure. Over the period under review, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 1,767%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, scrapers excavator exports surged to $X in 2022. Overall, exports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2020 when exports increased by 2,322% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Belgium (X units) and France (X units) were the main destinations of scrapers excavator exports from Luxembourg, together accounting for 99.9% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +26.7%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for scrapers excavator exported from Luxembourg were Belgium ($X), Germany ($X) and France ($X), with a combined 99% share of total exports.

In terms of the main countries of destination, Belgium, with a CAGR of +21.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average scrapers excavator export price stood at $X per unit in 2022, with a decrease of -9.1% against the previous year. Over the period under review, the export price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 75%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Germany ($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 Germany (+4.1%), while the prices for the other major destinations experienced a decline.

Scrapers Excavator Imports

Imports into Luxembourg

In 2022, supplies from abroad of scrapers earth moving, excavating, extracting machinery (not self-propelled) decreased by -56.7% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted slight growth. The pace of growth appeared the most rapid in 2020 with an increase of 254%. Over the period under review, imports reached the maximum at X units in 2021, and then shrank notably in the following year.

In value terms, scrapers excavator imports reduced to $X in 2022. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 294%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), Italy (X units) and the Czech Republic (X units) were the main suppliers of scrapers excavator imports to Luxembourg, with a combined 76% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +166.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest scrapers excavator suppliers to Luxembourg were Germany ($X), Italy ($X) and the Czech Republic ($X), with a combined 73% share of total imports.

Italy, with a CAGR of +98.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average scrapers excavator import price stood at $X per unit in 2022, rising by 104% against the previous year. Overall, the import price enjoyed a resilient increase. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+99.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :