Luxembourg - Mobile Phones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMobile Phone Price in Luxembourg - 2023
Contents:
- Mobile Phone Price in Luxembourg (CIF) - 2022
- Mobile Phone Price in Luxembourg (FOB) - 2022
- Mobile Phone Imports in Luxembourg
- Mobile Phone Exports in Luxembourg
Mobile Phone Price in Luxembourg (CIF) - 2022
In 2022, the average mobile phone import price amounted to $396 per unit, growing by 23% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mobile phone import price increased by +71.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($487 per unit), while the price for Germany ($138 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Mobile Phone Price in Luxembourg (FOB) - 2022
The average mobile phone export price stood at $241 per unit in 2022, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2014 an increase of 23% against the previous year. As a result, the export price attained the peak level of $275 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($374 per unit), while the average price for exports to Italy ($134 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 the Netherlands (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Mobile Phone Imports in Luxembourg
In 2022, mobile phone imports into Luxembourg dropped rapidly to 412K units, with a decrease of -24.1% compared with 2021 figures. Over the period under review, imports continue to indicate a dramatic slump. The smallest decline of -16.7% was in 2021. Imports peaked at 830K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, mobile phone imports contracted to $163M in 2022. Overall, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year. Over the period under review, imports hit record highs at $216M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Mobile Phone in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 129 | 5.6 | 2.1 | 99.8 | -8.2% |
| Belgium | 37.8 | 55.4 | 73.7 | 41.3 | 3.0% |
| South Korea | 31.1 | 7.2 | 3.5 | 10.1 | -31.3% |
| Germany | 3.9 | 3.3 | 4.6 | 4.9 | 7.9% |
| Democratic People's Republic of Korea | 0.8 | N/A | N/A | 1.3 | 17.6% |
| Others | 13.0 | 79.0 | 91.0 | 5.6 | -24.5% |
| Total | 216 | 151 | 175 | 163 | -9.0% |
Top Suppliers of Mobile Phone to Luxembourg in 2022:
- China (213.4K units)
- Belgium (109.2K units)
- Germany (35.7K units)
- South Korea (20.7K units)
- Democratic People's Republic of Korea (6.2K units)
Mobile Phone Exports in Luxembourg
In 2022, exports of mobile phones from Luxembourg fell rapidly to 161K units, waning by -19.2% compared with 2021. In general, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. Over the period under review, the exports hit record highs at 515K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, mobile phone exports fell to $39M in 2022. Overall, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. The exports peaked at $109M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Mobile Phone in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 41.0 | 24.3 | 27.8 | 26.3 | -13.8% |
| Italy | 0.8 | 0.3 | 2.0 | 3.6 | 65.1% |
| Belgium | 2.5 | 1.7 | 3.5 | 1.7 | -12.1% |
| Spain | 0.3 | N/A | 0.1 | 1.5 | 71.0% |
| Poland | N/A | 0.2 | 0.8 | 1.2 | 144.9% |
| Netherlands | N/A | 0.1 | 0.8 | 0.9 | 200.0% |
| France | 1.9 | 0.6 | 0.8 | 0.5 | -35.9% |
| Austria | 0.5 | 0.5 | 1.0 | 0.5 | 0.0% |
| United Kingdom | 5.3 | 1.0 | 0.9 | 0.4 | -57.7% |
| Ireland | 55.2 | 4.6 | 0.5 | N/A | -90.5% |
| Others | 1.5 | 3.5 | 4.4 | 2.1 | 11.9% |
| Total | 109 | 36.7 | 42.7 | 38.8 | -29.1% |
Top Export Markets for Mobile Phone from Luxembourg in 2022:
- Ireland (undefinedK units)
- Germany (99.6K units)
- Italy (27.1K units)
- Belgium (8.1K units)
- Spain (7.8K units)
- Poland (3.2K units)
- Netherlands (2.9K units)
- Austria (2.8K units)
- France (2.4K units)
- United Kingdom (1.3K units)
This report provides an in-depth analysis of the mobile phone 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 26302200 - Telephones for cellular networks or for other wireless networks
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
- 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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