Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Luxembourg - 2023

Contents:

1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Luxembourg (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Luxembourg (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Luxembourg
4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Luxembourg

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Luxembourg (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $7,470 per ton, declining by -42% against the previous year. Over the period under review, the import price showed a deep contraction. The growth pace was the most rapid in 2019 an increase of 26%. The import price peaked at $23,279 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($27,109 per ton), while the price for France ($3,412 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-2.2%), while the prices for the other major suppliers experienced a decline.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Luxembourg (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $59,359 per ton, growing by 30% against the previous year. Over the period under review, the export price, however, faced a deep downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices reached the peak figure at $405,028 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($788,000 per ton), while the average price for exports to Canada ($21,889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Luxembourg

Imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses into Luxembourg surged to 270 tons in 2022, increasing by 16% compared with 2021 figures. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses shrank dramatically to $2M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 39%.

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Luxembourg in 2022:

1. France (186.3 tons)
2. Taiwan (Chinese) (40.2 tons)
3. Germany (22.6 tons)
4. Belgium (17.5 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Luxembourg

For the third year in a row, Luxembourg recorded decline in shipments abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses, which decreased by -25.2% to 3.9 tons in 2022. In general, exports continue to indicate a significant decline. The smallest decline of -15.5% was in 2020.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses declined modestly to $232K in 2022. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year. As a result, the exports reached the peak of $326K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Luxembourg in 2022:

1. Germany (1119.0 kg)
2. France (1112.0 kg)
3. Belgium (1059.0 kg)
4. Italy (171.0 kg)
5. China (94.0 kg)
6. Spain (79.0 kg)
7. United Kingdom (73.0 kg)
8. Canada (18.0 kg)
9. Switzerland (6.0 kg)

Source: IndexBox Market Intelligence Platform