Luxembourg: Market for Turbo-Propellers Of A Power Not Exceeding 1,100 kW 2025

Market Size for Turbo-Propellers Of A Power Not Exceeding 1,100 kW in Luxembourg

The Luxembourg turbo-propeller (under X kW) market reduced to $X in 2022, which is down by X% against the previous year. In general, consumption saw a precipitous decline. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Turbo-Propellers Of A Power Not Exceeding X kW in Luxembourg

In value terms, turbo-propeller (under X kW) production stood at less than $X in 2022 estimated in export price. Over the period under review, production saw a sharp curtailment. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Exports from Luxembourg

For the fifth year in a row, Luxembourg recorded growth in shipments abroad of turbo-propellers of a power not exceeding X kW, which increased by X% to X units in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, turbo-propeller (under X kW) exports surged to $X in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

The United States (X units) was the main destination for turbo-propeller (under X kW) exports from Luxembourg, accounting for a X% share of total exports. Moreover, turbo-propeller (under X kW) exports to the United States exceeded the volume sent to the second major destination, Niger (X units), threefold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2014 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (X% per year) and Germany (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for turbo-propellers of a power not exceeding X kW exports from Luxembourg, comprising X% of total exports. The second position in the ranking was taken by Niger ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2014 to 2022, the average annual rate of growth in terms of value to the United States totaled X.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (X% per year) and Germany (X% per year).

Export Prices by Country

The average turbo-propeller (under X kW) export price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Israel ($X per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Imports into Luxembourg

Turbo-propeller (under X kW) imports into Luxembourg soared to X units in 2022, picking up by X% compared with 2021. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, turbo-propeller (under X kW) imports declined remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X units) constituted the largest supplier of turbo-propeller (under X kW) to Luxembourg, accounting for a X% share of total imports. Moreover, turbo-propeller (under X kW) imports from France exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), twofold. The third position in this ranking was held by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and the United States (X% per year).

In value terms, France ($X), Canada ($X) and Taiwan (Chinese) ($X) appeared to be the largest turbo-propeller (under X kW) suppliers to Luxembourg, with a combined X% share of total imports. The United States, China, Switzerland, Turkey, Germany, Australia and Norway lagged somewhat behind, together comprising a further X%.

Switzerland, with a CAGR of X%, 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 turbo-propeller (under X kW) import price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then shrank rapidly in the following year.

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 Canada ($X per unit), while the price for Norway ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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