Luxembourg - Numerically Controlled Drilling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Luxembourg - Numerically Controlled Drilling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Numerically Controlled Drilling Machine in Luxembourg - 2023

Contents:

  1. Price for Numerically Controlled Drilling Machine in Luxembourg (CIF) - 2022
  2. Price for Numerically Controlled Drilling Machine in Luxembourg (FOB) - 2022
  3. Imports of Numerically Controlled Drilling Machine in Luxembourg
  4. Exports of Numerically Controlled Drilling Machine in Luxembourg

Price for Numerically Controlled Drilling Machine in Luxembourg (CIF) - 2022

The average numerically controlled drilling machine import price stood at $1,827 per unit in 2022, jumping by 64% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 281%. Over the period under review, average import prices attained the maximum at $7,986 per unit in 2019; however, from 2020 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 ($6,438 per unit), while the price for Germany ($967 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.8%), while the prices for the other major suppliers experienced a decline.

Price for Numerically Controlled Drilling Machine in Luxembourg (FOB) - 2022

The average numerically controlled drilling machine export price stood at $41,884 per unit in 2022, remaining constant against the previous year. Overall, the export price showed a prominent increase. The growth pace was the most rapid in 2021 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $54,908 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($44,781 per unit), while the average price for exports to Belgium totaled $41,751 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.4%).

Imports of Numerically Controlled Drilling Machine in Luxembourg

For the fourth consecutive year, Luxembourg recorded growth in purchases abroad of numerically controlled drilling machines for working metal, which increased by 4.6% to 570 units in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 310%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, numerically controlled drilling machine imports surged to $1M in 2022. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 315%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Numerically Controlled Drilling Machine in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands72879.1N/A502-11.7%
Germany16.159.5334333174.5%
Belgium19.24.9250206120.6%
Others1.72.520.90.6-29.3%
Total7651466051,04110.8%

Top Suppliers of Numerically Controlled Drilling Machine to Luxembourg in 2022:

  1. Germany (344.0 units)
  2. Belgium (147.0 units)
  3. Netherlands (78.0 units)

Exports of Numerically Controlled Drilling Machine in Luxembourg

In 2022, exports of numerically controlled drilling machines for working metal from Luxembourg was estimated at 1 units, almost unchanged from the previous year. Overall, exports saw a dramatic setback. The smallest decline of 99.9% was in 2021. The exports peaked at 2 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, numerically controlled drilling machine exports amounted to $42K in 2022. Over the period under review, exports recorded a sharp reduction. The smallest decline of 99.9% was in 2021. The exports peaked at $84K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Numerically Controlled Drilling Machine in Luxembourg (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
BelgiumN/AN/A39.90%
Netherlands83.8N/A2.0-84.6%
OthersN/AN/AN/A0%
Total83.8N/A41.9-29.3%

Top Export Markets for Numerically Controlled Drilling Machine from Luxembourg in 2022:

  1. Belgium (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for numerically controlled drilling 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)

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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