Price for Milking Machines and Dairy Machinery in Luxembourg - 2023

Contents:

  1. Price for Milking Machines and Dairy Machinery in Luxembourg (CIF) - 2022
  2. Price for Milking Machines and Dairy Machinery in Luxembourg (FOB) - 2022
  3. Imports of Milking Machines and Dairy Machinery in Luxembourg
  4. Exports of Milking Machines and Dairy Machinery in Luxembourg

Price for Milking Machines and Dairy Machinery in Luxembourg (CIF) - 2022

In 2022, the average import price for milking machines and dairy machineries amounted to $3,808 per unit, with a decrease of -23.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2013 when the average import price increased by 47%. The import price peaked at $5,394 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the Netherlands ($5,417 per unit), while the price for Germany ($2,736 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Milking Machines and Dairy Machinery in Luxembourg (FOB) - 2022

The average export price for milking machines and dairy machineries stood at $7,071 per unit in 2022, reducing by -24.1% against the previous year. Overall, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of 45%. The export price peaked at $9,311 per unit in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($10,053 per unit), while the average price for exports to Germany ($1,279 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 the Netherlands (+18.9%), while the prices for the other major destinations experienced a decline.

Imports of Milking Machines and Dairy Machinery in Luxembourg

In 2022, supplies from abroad of milking machines and dairy machineries was finally on the rise to reach 2.2K units after two years of decline. Overall, imports, however, saw a pronounced contraction. Over the period under review, imports reached the peak figure at 2.6K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, milking machines and dairy machinery imports rose notably to $8.4M in 2022. Over the period under review, imports, however, saw a drastic downturn. Imports peaked at $13M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Milking Machines and Dairy Machinery in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7.06.14.64.1-16.3%
Germany2.90.51.61.8-14.7%
Belgium1.50.80.71.4-2.3%
France0.40.40.30.826.0%
Others1.10.40.30.2-43.3%
Total12.78.27.68.4-12.9%

Top Suppliers of Milking Machines and Dairy Machinery to Luxembourg in 2022:

  1. Netherlands (766.0 units)
  2. Germany (672.0 units)
  3. Belgium (430.0 units)
  4. France (247.0 units)

Exports of Milking Machines and Dairy Machinery in Luxembourg

In 2022, exports of milking machines and dairy machineries from Luxembourg soared to 623 units, growing by 22% on the previous year's figure. Overall, exports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. As a result, the exports reached the peak of 1.1K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, milking machines and dairy machinery exports dropped to $4.4M in 2022. Over the period under review, exports enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2020 when exports increased by 95% against the previous year. As a result, the exports attained the peak of $7.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Milking Machines and Dairy Machinery in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3.46.33.43.94.7%
Netherlands0.30.40.30.2-12.6%
Germany0.20.40.20.20.0%
ChileN/A0.4N/AN/A0%
Others0.10.40.90.10.0%
Total4.07.84.84.43.2%

Top Export Markets for Milking Machines and Dairy Machinery from Luxembourg in 2022:

  1. Belgium (412.0 units)
  2. Germany (176.0 units)
  3. Netherlands (24.0 units)

Source: IndexBox Market Intelligence Platform

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