Luxembourg - Grinding, Sanding Or Polishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Grinding, Sanding and Polishing Machine in Luxembourg - 2023
Contents:
- Price for Grinding, Sanding and Polishing Machine in Luxembourg (CIF) - 2022
- Price for Grinding, Sanding and Polishing Machine in Luxembourg (FOB) - 2022
- Imports of Grinding, Sanding and Polishing Machine in Luxembourg
- Exports of Grinding, Sanding and Polishing Machine in Luxembourg
Price for Grinding, Sanding and Polishing Machine in Luxembourg (CIF) - 2022
In 2022, the average import price for grinding, sanding and polishing machines amounted to $367 per unit, reducing by -57.2% against the previous year. In general, the import price, however, recorded a moderate increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 389%. As a result, import price reached the peak level of $1,105 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($756 per unit), while the price for Poland ($68 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+52.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grinding, Sanding and Polishing Machine in Luxembourg (FOB) - 2022
In 2022, the average export price for grinding, sanding and polishing machines amounted to $468 per unit, which is down by -15.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 720%. As a result, the export price reached the peak level of $1,685 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,255 per unit), while the average price for exports to China ($67 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 Austria (+1,819.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Grinding, Sanding and Polishing Machine in Luxembourg
In 2022, the amount of grinding, sanding and polishing machines imported into Luxembourg expanded notably to 471 units, picking up by 15% against the previous year. In general, imports, however, faced a deep setback. Over the period under review, imports reached the peak figure at 677 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, grinding, sanding and polishing machine imports declined rapidly to $173K in 2022. Over the period under review, imports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2020 when imports increased by 170% against the previous year. As a result, imports attained the peak of $413K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Grinding, Sanding and Polishing Machine in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 51.2 | 376 | 270 | 63.4 | 7.4% |
| United States | 0.5 | N/A | 2.7 | 56.9 | 384.6% |
| Belgium | 15.0 | 19.7 | 52.0 | 33.8 | 31.1% |
| Austria | 0.6 | 3.8 | 13.5 | 7.4 | 131.0% |
| France | 4.2 | 1.7 | 10.6 | 3.8 | -3.3% |
| Poland | N/A | 0.4 | 0.1 | 2.4 | 144.9% |
| Others | 81.3 | 11.9 | 3.3 | 5.2 | -60.0% |
| Total | 153 | 413 | 352 | 173 | 4.2% |
Top Suppliers of Grinding, Sanding and Polishing Machine to Luxembourg in 2022:
- United States (262.0 units)
- Germany (86.0 units)
- Belgium (45.0 units)
- Poland (35.0 units)
- France (22.0 units)
- Austria (17.0 units)
Exports of Grinding, Sanding and Polishing Machine in Luxembourg
Grinding, sanding and polishing machine exports from Luxembourg fell dramatically to 49 units in 2022, shrinking by -19.7% compared with 2021. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 239%. Over the period under review, the exports hit record highs at 262 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, grinding, sanding and polishing machine exports reduced rapidly to $23K in 2022. Over the period under review, exports faced a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 472% against the previous year. Over the period under review, the exports reached the peak figure at $117K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Grinding, Sanding and Polishing Machine in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.1 | 3.1 | 6.4 | 14.6 | 52.7% |
| Austria | N/A | N/A | N/A | 2.9 | 0% |
| Poland | N/A | 0.3 | 0.7 | 1.2 | 100.0% |
| Germany | 107 | 1.8 | 2.3 | 1.2 | -77.6% |
| Italy | N/A | 0.4 | 1.8 | 1.0 | 58.1% |
| France | 0.3 | N/A | 19.7 | 0.9 | 44.2% |
| Taiwan (Chinese) | N/A | N/A | 1.1 | 0.3 | -72.7% |
| Norway | N/A | N/A | 0.2 | 0.3 | 50.0% |
| China | N/A | 0.1 | N/A | 0.2 | 41.4% |
| United Arab Emirates | 3.9 | N/A | N/A | 0.1 | -70.5% |
| Hungary | 1.4 | N/A | N/A | 0.1 | -58.5% |
| Others | N/A | 0.3 | 1.5 | N/A | 400.0% |
| Total | 117 | 5.9 | 33.7 | 22.9 | -41.9% |
Top Export Markets for Grinding, Sanding and Polishing Machine from Luxembourg in 2022:
- Belgium (23.0 units)
- Poland (5.0 units)
- Austria (5.0 units)
- France (4.0 units)
- Italy (3.0 units)
- Taiwan (Chinese) (3.0 units)
- China (3.0 units)
- United Arab Emirates (1.0 units)
- Hungary (1.0 units)
- Germany (1.0 units)
- Norway (1.0 units)
This report provides an in-depth analysis of the market for grinding, sanding and polishing machine 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 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials
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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