Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Luxembourg - 2023

Contents:

1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Luxembourg (CIF) - 2022
2. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Luxembourg

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Luxembourg (CIF) - 2022

The average import price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $1,612 per unit in 2022, surging by 34% against the previous year. Overall, the import price, however, showed a sharp reduction. The most prominent rate of growth was recorded in 2014 an increase of 1,401% against the previous year. Over the period under review, average import prices attained the maximum at $2,914,477 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 Belgium ($5,606 per unit), while the price for Germany ($7 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 (-46.3%), while the prices for the other major suppliers experienced a decline.

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Luxembourg

For the fourth year in a row, Luxembourg recorded growth in purchases abroad of vessels; other, including warships and lifeboats, other than rowing boatses, which increased by 33% to 4 units in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 100%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses surged to $6.4K in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to Luxembourg in 2022:

1. Belgium (1.0 units)
2. Netherlands (1.0 units)
3. Germany (1.0 units)
4. France (1.0 units)

Source: IndexBox Market Intelligence Platform