Luxembourg - Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Luxembourg - Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fuel or Lubricating Pump in Luxembourg - 2023

Contents:

  1. Price for Fuel or Lubricating Pump in Luxembourg (FOB) - 2022
  2. Price for Fuel or Lubricating Pump in Luxembourg (CIF) - 2023
  3. Exports of Fuel or Lubricating Pump in Luxembourg
  4. Imports of Fuel or Lubricating Pump in Luxembourg

Price for Fuel or Lubricating Pump in Luxembourg (FOB) - 2022

In 2022, the average fuel or lubricating pump export price amounted to $47 per unit, which is down by -3.4% against the previous year. In general, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 106% against the previous year. The export price peaked at $517 per unit in 2017; however, from 2018 to 2022, 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 the United States ($51 per unit), while the average price for exports to Georgia ($3 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 Turkey (+2.2%).

Price for Fuel or Lubricating Pump in Luxembourg (CIF) - 2023

In June 2023, the average fuel or lubricating pump import price amounted to $10.4 per unit, waning by -3.9% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 15% against the previous month. As a result, import price reached the peak level of $11.1 per unit. From January 2023 to June 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from the Netherlands ($10.9 per unit) and Belgium ($10.3 per unit), while the price for France ($9.7 per unit) and Germany ($10.2 per unit) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fuel or Lubricating Pump in Luxembourg

In 2022, overseas shipments of fuel, lubricating or cooling-medium pumps for internal combustion engines decreased by -1.5% to 84K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 394% against the previous year. The exports peaked at 85K units in 2021, and then reduced in the following year.

In value terms, fuel or lubricating pump exports declined modestly to $3.9M in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 138%. Over the period under review, the exports reached the peak figure at $4.1M in 2021, and then fell modestly in the following year.

Export of Fuel or Lubricating Pump in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey0.51.83.73.794.9%
Others0.50.70.40.2-26.3%
Total1.12.54.13.952.5%

Top Export Markets for Fuel or Lubricating Pump from Luxembourg in 2022:

  1. Turkey (81.6K units)

Imports of Fuel or Lubricating Pump in Luxembourg

For the fourth consecutive year, Luxembourg recorded growth in supplies from abroad of fuel, lubricating or cooling-medium pumps for internal combustion engines, which increased by 11% to 48K units in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 107%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, fuel or lubricating pump imports expanded significantly to $2.1M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Fuel or Lubricating Pump in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8316387618661.4%
Belgium22562679572247.5%
France331261284242-9.9%
Netherlands73.010082.510312.2%
United States99.830.819.981.4-6.6%
Poland7.825.014.441.774.9%
GeorgiaN/AN/AN/A1.90%
Others25451.429.643.8-44.3%
Total1,8221,7331,9862,1034.9%

Top Suppliers of Fuel or Lubricating Pump to Luxembourg in 2022:

  1. Belgium (20.6K units)
  2. Germany (15.6K units)
  3. France (5.1K units)
  4. Georgia (1.8K units)
  5. Poland (1.6K units)
  6. United States (1.6K units)
  7. Netherlands (0.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fuel or lubricating pump 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 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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