Price for Electrical Insulators of Any Material in Luxembourg - 2023
Contents:
- Price for Electrical Insulators of Any Material in Luxembourg (CIF) - 2022
- Price for Electrical Insulators of Any Material in Luxembourg (FOB) - 2022
- Imports of Electrical Insulators of Any Material in Luxembourg
- Exports of Electrical Insulators of Any Material in Luxembourg
Price for Electrical Insulators of Any Material in Luxembourg (CIF) - 2022
The average import price for electrical insulators of any materials stood at $1.6 per unit in 2022, shrinking by -20.3% against the previous year. Over the period under review, the import price recorded a mild decrease. The pace of growth was the most pronounced in 2013 an increase of 35%. As a result, import price reached the peak level of $2.6 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1.8 per unit), while the price for Slovakia ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+444.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Insulators of Any Material in Luxembourg (FOB) - 2022
In 2022, the average export price for electrical insulators of any materials amounted to $3.4 per unit, rising by 10% against the previous year. Over the period under review, the export price enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2017 an increase of 162%. As a result, the export price attained the peak level of $5.3 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($9.6 per unit), while the average price for exports to Norway ($1.7 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 France (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electrical Insulators of Any Material in Luxembourg
In 2022, the amount of electrical insulators of any materials imported into Luxembourg expanded sharply to 627K units, picking up by 14% compared with 2021. In general, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 73%. As a result, imports reached the peak of 941K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, electrical insulators of any material imports declined to $998K in 2022. Overall, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Electrical Insulators of Any Material in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 277 | 329 | 328 | 351 | 8.2% |
| Belgium | 79.1 | 172 | 321 | 240 | 44.8% |
| Germany | 281 | 225 | 278 | 157 | -17.6% |
| United Kingdom | 517 | 527 | 16.6 | 137 | -35.8% |
| Italy | 13.5 | 30.6 | 29.3 | 37.4 | 40.4% |
| Netherlands | 24.5 | 12.4 | 47.0 | 24.7 | 0.3% |
| Slovakia | N/A | 26.7 | N/A | 9.1 | -41.6% |
| Romania | N/A | 4.8 | N/A | 8.5 | 33.1% |
| Turkey | 5.3 | 9.2 | 3.7 | 7.6 | 12.8% |
| Hungary | N/A | 48.5 | 55.3 | N/A | 14.0% |
| Ireland | 12.4 | 14.5 | N/A | N/A | 16.9% |
| Others | 48.2 | 7.8 | 21.1 | 25.4 | -19.2% |
| Total | 1,259 | 1,406 | 1,099 | 998 | -7.5% |
Top Suppliers of Electrical Insulators of Any Material to Luxembourg in 2022:
- France (206.1K units)
- Belgium (132.8K units)
- Germany (101.9K units)
- Italy (57.5K units)
- Slovakia (43.7K units)
- Romania (23.9K units)
- Netherlands (19.5K units)
- Turkey (18.1K units)
- United Kingdom (7.1K units)
Exports of Electrical Insulators of Any Material in Luxembourg
In 2022, shipments abroad of electrical insulators of any materials decreased by -30.5% to 38K units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2020 with an increase of 8.9%. As a result, the exports reached the peak of 83K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, electrical insulators of any material exports reduced notably to $129K in 2022. Over the period under review, exports showed a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 8%. As a result, the exports attained the peak of $215K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Electrical Insulators of Any Material in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 118 | 107 | 87.6 | 58.6 | -20.8% |
| Qatar | N/A | 1.8 | 13.1 | 11.7 | 155.0% |
| France | 2.8 | 26.0 | 4.2 | 5.7 | 26.7% |
| Belgium | 12.7 | 24.6 | 3.8 | 0.9 | -58.6% |
| Others | 66.2 | 55.5 | 59.8 | 52.3 | -7.6% |
| Total | 199 | 215 | 168 | 129 | -13.5% |
Top Export Markets for Electrical Insulators of Any Material from Luxembourg in 2022:
- Norway (34.4K units)
- Qatar (1.2K units)
- France (1.1K units)
- Belgium (0.3K units)
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