Report Update Nov 1, 2024

Luxembourg - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Steam Turbine Market 2024

Steam Turbine Market Size in Luxembourg

In 2021, after seven years of growth, there was decline in the Luxembourg steam turbine market, when its value decreased by -4.9% to $X. In general, consumption, however, showed a significant increase. Steam turbine consumption peaked at $X in 2020, and then declined slightly in the following year.

Steam Turbine Production in Luxembourg

In value terms, steam turbine production dropped to $X in 2021 estimated in export price. Overall, production, however, posted a significant expansion. The growth pace was the most rapid in 2014 when the production volume increased by 730% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Steam Turbine Exports

Exports from Luxembourg

Steam turbine exports from Luxembourg stood at X units in 2021, approximately mirroring 2020. Overall, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2013 when exports increased by 133% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, steam turbine exports amounted to $X in 2021. In general, exports recorded a slight slump. The growth pace was the most rapid in 2015 when exports increased by 375% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for steam turbine exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +7.6%.

From 2012 to 2021, the average annual rate of growth in terms of value to France totaled -1.4%.

Export Prices by Country

In 2021, the average steam turbine export price amounted to $X per unit, approximately mirroring the previous year. In general, the export price continues to indicate a noticeable expansion. The pace of growth was the most pronounced in 2015 an increase of 1,734% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to -8.3% per year.

Steam Turbine Imports

Imports into Luxembourg

In 2020, the amount of steam turbines and other vapor turbines imported into Luxembourg declined significantly to X units, which is down by -25% compared with 2019 figures. In general, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of 1,656%. As a result, imports reached the peak of X units. From 2018 to 2020, the growth of imports remained at a lower figure.

In value terms, steam turbine imports skyrocketed to $X in 2020. Overall, imports, however, showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, France (X units) was the main supplier of steam turbine to Luxembourg, with a approx. 100% share of total imports.

From 2012 to 2020, the average annual growth rate of volume from France totaled +20.1%.

In value terms, Germany ($X) constituted the largest supplier of steam turbines and other vapor turbines to Luxembourg, comprising 28% of total imports. The second position in the ranking was held by Belgium ($X), with an 11% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from Germany amounted to +110.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+41.0% per year) and France (-14.5% per year).

Import Prices by Country

The average steam turbine import price stood at $X per unit in 2020, increasing by 9,950% against the previous year. In general, the import price posted significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2020, the rate of growth in terms of prices for Belgium amounted to +6.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for steam turbines and other vapor turbines in the world?

The countries with the highest volumes of in 2021 were China, India and Indonesia, with a combined 72% share of global consumption. These countries were followed by Sweden, Turkey, Germany, Japan and Mongolia, which together accounted for a further 16%.

What are the largest producers of steam turbines and other vapor turbines in the world?

The countries with the highest volumes of in 2021 were China, India and Sweden, together comprising 82% of global production.

What are the leading suppliers of steam turbines and other vapor turbines to Luxembourg?

In value terms, France constituted the largest supplier of steam turbine to Luxembourg.

What are the leading importers of steam turbines and other vapor turbines from Luxembourg?

In value terms, France remains the key foreign market for steam turbine exports from Luxembourg.

What is the average export price for steam turbines and other vapor turbines in Luxembourg?

The average steam turbine export price stood at $9,902 per unit in 2019, growing by 7.6% against the previous year.

What is the average import price for steam turbines and other vapor turbines in Luxembourg?

The average steam turbine import price stood at $57,061 per unit in 2020, rising by 2,108% against the previous year.

This report provides an in-depth analysis of the steam turbine 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 28112130 -
Prodcom 28112150 -

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