Luxembourg - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMotor Vehicle Engine Price in Luxembourg - 2023
Contents:
- Motor Vehicle Engine Price in Luxembourg (CIF) - 2023
- Motor Vehicle Engine Price in Luxembourg (FOB) - 2022
- Motor Vehicle Engine Imports in Luxembourg
- Motor Vehicle Engine Exports in Luxembourg
Motor Vehicle Engine Price in Luxembourg (CIF) - 2023
In July 2023, the average motor vehicle engine import price amounted to $223 per unit, jumping by 39% against the previous month. Overall, the import price, however, continues to indicate a slight reduction. The pace of growth was the most pronounced in April 2023 when the average import price increased by 103% m-o-m. The import price peaked at $398 per unit in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($841 per unit), while the price for the Netherlands ($80.4 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Vehicle Engine Price in Luxembourg (FOB) - 2022
In 2022, the average motor vehicle engine export price amounted to $17 per unit, dropping by -44.4% against the previous year. Overall, the export price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2021 an increase of 95%. As a result, the export price attained the peak level of $30 per unit, and then plummeted in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($17 per unit), while the average price for exports to Belgium ($16 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 Belgium (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Motor Vehicle Engine Imports in Luxembourg
In 2022, imports of motor vehicle engines (spark-ignition) into Luxembourg shrank modestly to 121K units, dropping by -3.1% compared with the year before. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Imports peaked at 143K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, motor vehicle engine imports dropped rapidly to $1.4M in 2022. In general, imports continue to indicate a noticeable decline. The growth pace was the most rapid in 2021 when imports increased by 41%. As a result, imports attained the peak of $1.7M, and then fell markedly in the following year.
| Import of Motor Vehicle Engine in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 595 | 351 | 343 | 536 | -3.4% |
| Germany | 470 | 349 | 545 | 371 | -7.6% |
| Belgium | 113 | 284 | 324 | 143 | 8.2% |
| Brazil | N/A | N/A | N/A | 97.6 | 0% |
| United States | 128 | 110 | 52.7 | 97.1 | -8.8% |
| Netherlands | 87.1 | 9.6 | 36.4 | 36.4 | -25.2% |
| United Arab Emirates | N/A | N/A | 208 | 19.3 | -90.7% |
| Others | 145 | 93.2 | 180 | 61.0 | -25.1% |
| Total | 1,538 | 1,198 | 1,689 | 1,361 | -4.0% |
Top Suppliers of Motor Vehicle Engine to Luxembourg in 2022:
- France (48.2K units)
- Germany (48.0K units)
- Belgium (12.7K units)
- United States (4.2K units)
- Brazil (3.3K units)
- Netherlands (2.1K units)
- United Arab Emirates (0.4K units)
Motor Vehicle Engine Exports in Luxembourg
In 2022, shipments abroad of motor vehicle engines (spark-ignition) was finally on the rise to reach 56K units for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a noticeable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, motor vehicle engine exports soared to $942K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Motor Vehicle Engine in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 201 | 214 | 191 | 569 | 41.5% |
| France | 96.1 | 104 | 72.7 | 285 | 43.7% |
| Malaysia | 19.8 | N/A | 255 | 17.5 | -4.0% |
| Germany | 103 | 8.1 | N/A | 14.6 | -47.9% |
| Italy | 48.9 | 5.2 | N/A | 0.6 | -76.9% |
| United States | N/A | 72.5 | N/A | N/A | 0% |
| Others | 11.7 | 55.1 | 97.8 | 54.6 | 67.1% |
| Total | 480 | 460 | 616 | 942 | 25.2% |
Top Export Markets for Motor Vehicle Engine from Luxembourg in 2022:
- Italy (undefinedK units)
- Belgium (36.1K units)
- France (17.0K units)
- Germany (0.9K units)
- Malaysia (0.3K units)
This report provides an in-depth analysis of the motor vehicle engine 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 29101100 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity . 1 .000 cm.
- Prodcom 29101200 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity > 1 .000 cm.
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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