Report Update Nov 1, 2024

Luxembourg - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Wind Powered Generator Market 2024

Wind Powered Generator Market Size in Luxembourg

The Luxembourg wind powered generator market reduced notably to $X in 2021, dropping by -26.3% against the previous year. Overall, consumption, however, saw significant growth. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Wind Powered Generator Production in Luxembourg

In value terms, wind powered generator production declined slightly to $X in 2021 estimated in export price. Over the period under review, the total production indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.9% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 45% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Wind Powered Generator Exports

Exports from Luxembourg

In 2019, wind powered generator exports from Luxembourg skyrocketed to X units, with an increase of 100% on 2018. Overall, exports, however, saw a sharp reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 1,350% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

In value terms, wind powered generator exports soared to $X in 2019. Over the period under review, exports, however, continue to indicate a sharp curtailment. The growth pace was the most rapid in 2015 when exports increased by 3,492%. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

Belgium (X units) and France (X units) were the main destinations of wind powered generator exports from Luxembourg.

From 2012 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of -36.9%).

In value terms, Belgium ($X) remains the key foreign market for wind powered generating sets exports from Luxembourg, comprising 70% of total exports. The second position in the ranking was taken by France ($X), with a 13% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of value to Belgium totaled -38.3%.

Export Prices by Country

The average wind powered generator export price stood at $X per unit in 2019, with an increase of 41% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2019, 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 France stood at $X per unit.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France (+24.4%).

Wind Powered Generator Imports

Imports into Luxembourg

In 2021, after two years of growth, there was significant decline in overseas purchases of wind powered generating sets, when their volume decreased by -90.5% to X units. Overall, imports faced a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 1,000%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, wind powered generator imports declined remarkably to $X in 2021. Over the period under review, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 19,182% against the previous year. Imports peaked at $X in 2020, and then dropped markedly in the following year.

Imports by Country

In 2021, China (X units) was the main supplier of wind powered generator to Luxembourg, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -8.3%.

In value terms, Germany ($X) constituted the largest supplier of wind powered generating sets to Luxembourg, comprising 75% of total imports. The second position in the ranking was held by China ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -10.5%.

Import Prices by Country

The average wind powered generator import price stood at $X per unit in 2021, shrinking by -98.4% against the previous year. Overall, the import price recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 1,653%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +61.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wind powered generating sets in the world?

The countries with the highest volumes of wind powered generator consumption in 2020 were Norway, China and the United States, with a combined 40% share of global consumption.

What are the largest producers of wind powered generating sets in the world?

China constituted the country with the largest volume of wind powered generator production, accounting for 21% of total volume. Moreover, wind powered generator production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Germany, with an 8.9% share.

What are the leading suppliers of wind powered generating sets to Luxembourg?

In value terms, Germany and Belgium were the largest wind powered generator suppliers to Luxembourg.

What are the leading importers of wind powered generating sets from Luxembourg?

In value terms, the Netherlands remains the key foreign market for wind powered generator exports from Luxembourg.

What is the average export price for wind powered generating sets in Luxembourg?

The average wind powered generator export price stood at $4,513 per unit in 2019, with a decrease of -9.7% against the previous year.

What is the average import price for wind powered generating sets in Luxembourg?

The average wind powered generator import price stood at $3,060 per unit in 2020, rising by 22% against the previous year.

This report provides an in-depth analysis of the wind powered generator 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 28112400 - Generating sets, wind-powered

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