Luxembourg - Jacks And Hoists For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingJacks and Hoists Price in Luxembourg - 2023
Contents:
- Jacks and Hoists Price in Luxembourg (CIF) - 2022
- Jacks and Hoists Price in Luxembourg (FOB) - 2022
- Jacks and Hoists Imports in Luxembourg
- Jacks and Hoists Exports in Luxembourg
Jacks and Hoists Price in Luxembourg (CIF) - 2022
The average jacks and hoists import price stood at $64 per unit in 2022, with a decrease of -10.2% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, jacks and hoists import price decreased by -17.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 28% against the previous year. Over the period under review, average import prices hit record highs at $77 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($71 per unit) and Germany ($65 per unit), while the price for Belgium ($59 per unit) and France ($60 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.9%), while the prices for the other major suppliers experienced a decline.
Jacks and Hoists Price in Luxembourg (FOB) - 2022
In 2022, the average jacks and hoists export price amounted to $21 per unit, shrinking by -3.8% against the previous year. In general, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 636% against the previous year. Over the period under review, the average export prices hit record highs at $573 per unit in 2014; however, from 2015 to 2022, 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 Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to -3.8% per year.
Jacks and Hoists Imports in Luxembourg
In 2022, after three years of growth, there was significant decline in overseas purchases of jacks and hoists for raising vehicles, when their volume decreased by -50.6% to 5.3K units. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, imports attained the peak of 11K units, and then dropped markedly in the following year.
In value terms, jacks and hoists imports reduced notably to $339K in 2022. Over the period under review, imports recorded a pronounced reduction. The growth pace was the most rapid in 2020 with an increase of 47%. Over the period under review, imports hit record highs at $763K in 2021, and then reduced markedly in the following year.
| Import of Jacks and Hoists in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 115 | 276 | 339 | 185 | 17.2% |
| Belgium | 90.2 | 121 | 216 | 70.2 | -8.0% |
| Netherlands | 57.6 | 63.7 | 61.4 | 59.5 | 1.1% |
| France | 68.4 | 53.8 | 116 | 15.7 | -38.8% |
| Czech Republic | 8.0 | 11.4 | 20.6 | 1.0 | -50.0% |
| Others | 24.1 | 10.7 | 9.6 | 7.2 | -33.1% |
| Total | 364 | 536 | 763 | 339 | -2.3% |
Top Suppliers of Jacks and Hoists to Luxembourg in 2022:
- Germany (2834.0 units)
- Belgium (1197.0 units)
- Netherlands (833.0 units)
- France (260.0 units)
- Czech Republic (16.0 units)
Jacks and Hoists Exports in Luxembourg
For the fourth year in a row, Luxembourg recorded growth in shipments abroad of jacks and hoists for raising vehicles, which increased by 28% to 19K units in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, jacks and hoists exports surged to $400K in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Jacks and Hoists in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 217 | 273 | 287 | 360 | 18.4% |
| France | 74.1 | 28.6 | 25.0 | 19.0 | -36.5% |
| Others | 54.2 | 16.6 | 13.9 | 21.2 | -26.9% |
| Total | 346 | 318 | 326 | 400 | 5.0% |
Top Export Markets for Jacks and Hoists from Luxembourg in 2022:
- Belgium (19.1K units)
- France (0.1K units)
This report provides an in-depth analysis of the jacks and hoists 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 28221370 - Jacks and hoists of a kind used for raising vehicles (excluding built-in jacking systems of a kind used in garages, hydraulic jacks and hoists)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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