Report Update Nov 1, 2024

Luxembourg - Self-Propelled Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Self-Propelled Boring Machinery Market 2024

Self-Propelled Boring Machinery Market Size in Luxembourg

The Luxembourg self-propelled boring machinery market soared to $X in 2022, rising by 77% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a measured expansion. Self-propelled boring machinery consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Self-Propelled Boring Machinery Exports

Exports from Luxembourg

In 2022, approx. X units of self-propelled boring or sinking machinery were exported from Luxembourg; almost unchanged from 2021. Over the period under review, exports recorded a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, self-propelled boring machinery exports amounted to $X in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 1,799%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Spain (X units) was the main destination for self-propelled boring machinery exports from Luxembourg, accounting for a 80% share of total exports. Moreover, self-propelled boring machinery exports to Spain exceeded the volume sent to the second major destination, Germany (X units), fourfold.

From 2019 to 2022, the average annual growth rate of volume to Spain was relatively modest.

From 2019 to 2022, the average annual growth rate of value to Spain was relatively modest.

Export Prices by Country

The average self-propelled boring machinery export price stood at $X per unit in 2022, approximately mirroring the previous year. Overall, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the average export price decreased by -45.2%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Spain totaled $X per unit.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-11.0%).

Self-Propelled Boring Machinery Imports

Imports into Luxembourg

Self-propelled boring machinery imports into Luxembourg skyrocketed to X units in 2022, rising by 57% against 2021. Overall, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 533%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, self-propelled boring machinery imports skyrocketed to $X in 2022. In general, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 813%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of self-propelled boring machinery to Luxembourg, with a 68% share of total imports. Moreover, self-propelled boring machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +22.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.6% per year) and Belgium (0.0% per year).

In value terms, Germany ($X) constituted the largest supplier of self-propelled boring or sinking machinery to Luxembourg, comprising 75% of total imports. The second position in the ranking was held by Italy ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.9% per year) and Belgium (-25.1% per year).

Import Prices by Country

The average self-propelled boring machinery import price stood at $X per unit in 2022, increasing by 108% against the previous year. In general, the import price recorded pronounced growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled boring or sinking machinery in the world?

The countries with the highest volumes of in 2021 were India, China and the United States, with a combined 34% share of global consumption. These countries were followed by Syrian Arab Republic, Togo, Australia, Egypt, Indonesia, South Africa, Iran, Japan and Canada, which together accounted for a further 32%.

What are the largest producers of self-propelled boring or sinking machinery in the world?

The countries with the highest volumes of in 2021 were Italy, Germany and China, with a combined 45% share of global production. Sweden, Finland, Austria, the United States, France, Indonesia, Japan and the Netherlands lagged somewhat behind, together accounting for a further 44%.

What are the leading suppliers of self-propelled boring or sinking machinery to Luxembourg?

In value terms, Germany constituted the largest supplier of self-propelled boring machinery to Luxembourg, comprising 63% of total imports. The second position in the ranking was occupied by Lithuania, with a 24% share of total imports. It was followed by France, with a 7% share.

What are the leading importers of self-propelled boring or sinking machinery from Luxembourg?

In value terms, Germany remains the key foreign market for self-propelled boring machinery exports from Luxembourg.

What is the average export price for self-propelled boring or sinking machinery in Luxembourg?

In 2020, the average self-propelled boring machinery export price amounted to $147,360 per unit, surging by 9.8% against the previous year.

What is the average import price for self-propelled boring or sinking machinery in Luxembourg?

The average self-propelled boring machinery import price stood at $62,573 per unit in 2021, waning by -34.5% against the previous year.

This report provides an in-depth analysis of the self-propelled boring machinery market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28921253 - Self-propelled boring or sinking machinery

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023