Luxembourg - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Luxembourg - 2023
Contents:
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Luxembourg (CIF) - 2023
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Luxembourg (FOB) - 2023
- Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Luxembourg
- Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Luxembourg
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Luxembourg (CIF) - 2023
The average import price for toothed wheels, chain sprockets and other transmission elements stood at $30,004 per ton in September 2023, declining by -48.5% against the previous month. Overall, the import price, however, posted a measured expansion. The pace of growth was the most pronounced in January 2023 an increase of 223% against the previous month. Over the period under review, average import prices hit record highs at $58,205 per ton in August 2023, and then shrank sharply in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($359K per ton), while the price for Germany ($8,455 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+39.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Luxembourg (FOB) - 2023
In September 2023, the average export price for toothed wheels, chain sprockets and other transmission elements amounted to $59,051 per ton, rising by 7.1% against the previous month. Overall, export price indicated mild growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for toothed wheels, chain sprockets and other transmission elements decreased by -18.2% against July 2023 indices. The growth pace was the most rapid in March 2023 when the average export price increased by 72% month-to-month. The export price peaked at $72,192 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($111K per ton), while the average price for exports to Slovakia ($31,505 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Luxembourg
In 2022, imports of toothed wheels, chain sprockets and other transmission elements into Luxembourg soared to 161 tons, growing by 29% against the previous year's figure. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of toothed wheels, chain sprockets and other transmission elements expanded notably to $5.6M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,351 | 1,720 | 2,185 | 2,388 | 0.5% |
| Germany | 1,536 | 969 | 824 | 1,038 | -12.2% |
| France | 395 | 520 | 445 | 511 | 9.0% |
| Belgium | 236 | 358 | 503 | 377 | 16.9% |
| United States | 108 | 111 | 186 | 190 | 20.7% |
| United Kingdom | 30.3 | 27.1 | 121 | 125 | 60.4% |
| China | 4.2 | 48.8 | 155 | 97.4 | 185.2% |
| Others | 487 | 352 | 728 | 913 | 23.3% |
| Total | 5,148 | 4,106 | 5,147 | 5,640 | 3.1% |
Top Suppliers of Toothed Wheels, Chain Sprockets and Other Transmission Elements to Luxembourg in 2022:
- Japan (57.5 tons)
- Germany (49.2 tons)
- Belgium (15.0 tons)
- China (11.2 tons)
- France (11.0 tons)
- United Kingdom (3.8 tons)
- United States (2.9 tons)
Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Luxembourg
For the fourth consecutive year, Luxembourg recorded growth in overseas shipments of toothed wheels, chain sprockets and other transmission elements, which increased by 8.2% to 127 tons in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of toothed wheels, chain sprockets and other transmission elements expanded significantly to $4.4M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 751 | 647 | 961 | 788 | 1.6% |
| Germany | 631 | 510 | 593 | 553 | -4.3% |
| Saudi Arabia | 5.4 | 10.6 | 4.9 | 529 | 361.0% |
| Spain | 342 | 348 | 412 | 337 | -0.5% |
| Italy | 337 | 299 | 372 | 333 | -0.4% |
| United Kingdom | 240 | 219 | 212 | 217 | -3.3% |
| Poland | 150 | 160 | 212 | 181 | 6.5% |
| Belgium | 136 | 118 | 156 | 174 | 8.6% |
| Czech Republic | 162 | 119 | 93.2 | 168 | 1.2% |
| Turkey | 83.1 | 32.8 | 95.2 | 117 | 12.1% |
| Hungary | 122 | 125 | 155 | 110 | -3.4% |
| Others | 883 | 797 | 902 | 880 | -0.1% |
| Total | 3,844 | 3,385 | 4,169 | 4,387 | 4.5% |
Top Export Markets for Toothed Wheels, Chain Sprockets and Other Transmission Elements from Luxembourg in 2022:
- France (42.6 tons)
- Saudi Arabia (17.3 tons)
- Germany (13.4 tons)
- Spain (10.4 tons)
- Italy (6.0 tons)
- United Kingdom (4.1 tons)
- Poland (4.0 tons)
- Czech Republic (3.2 tons)
- Belgium (3.1 tons)
- Turkey (2.5 tons)
- Hungary (2.3 tons)
This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements 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 28153930 - Parts of bearing housings
- Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints
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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