Luxembourg: Television Receiver Market 2024

Television Receiver Market Size in Luxembourg

In 2022, the Luxembourg television receiver market decreased by -22.6% to $X, falling for the third consecutive year after three years of growth. In general, consumption, however, continues to indicate a significant expansion. Television receiver consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Television Receiver Exports

Exports from Luxembourg

Television receiver exports from Luxembourg dropped markedly to X units in 2022, waning by -57.9% on 2021. Overall, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, television receiver exports shrank markedly to $X in 2022. Over the period under review, exports faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), Portugal (X units) and Belgium (X units) were the main destinations of television receiver exports from Luxembourg, together accounting for 70% of total exports. Poland, Spain, Germany, Romania and Austria lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +20.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for television receiver exported from Luxembourg were France ($X), Poland ($X) and Belgium ($X), with a combined 57% share of total exports. Romania, Portugal, Germany, Spain and Austria lagged somewhat behind, together comprising a further 37%.

Romania, with a CAGR of +63.9%, 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

The average television receiver export price stood at $X per unit in 2022, jumping by 60% against the previous year. In general, the export price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 161% against the previous year. 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 Romania ($X per unit), while the average price for exports to Portugal ($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 Italy (+37.8%), while the prices for the other major destinations experienced more modest paces of growth.

Television Receiver Imports

Imports into Luxembourg

In 2022, supplies from abroad of television receivers decreased by -19.5% to X units, falling for the third year in a row after six years of growth. Overall, imports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2017 when imports increased by 31%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, television receiver imports shrank significantly to $X in 2022. Over the period under review, imports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2017 when imports increased by 35%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X units), China (X units) and Germany (X units) were the main suppliers of television receiver imports to Luxembourg, with a combined 81% share of total imports. Democratic People's Republic of Korea, France, Taiwan (Chinese), the Netherlands, Poland, Ukraine and Japan lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for Democratic People's Republic of Korea (with a CAGR of +42.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of television receivers to Luxembourg, comprising 61% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by Democratic People's Republic of Korea, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.3% per year) and Democratic People's Republic of Korea (+46.1% per year).

Import Prices by Country

In 2022, the average television receiver import price amounted to $X per unit, reducing by -13.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 17%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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