Report Update: May 1, 2024

Luxembourg - Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Remote Control Apparatus Price in Luxembourg - 2023

Remote Control Apparatus Price in Luxembourg (CIF) - 2022

In 2022, the average remote control apparatus import price amounted to $5.6 per unit, dropping by -28.5% against the previous year. In general, the import price recorded a noticeable decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by 25%. As a result, import price reached the peak level of $12 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($26 per unit), while the price for Sweden ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Remote Control Apparatus Price in Luxembourg (FOB) - 2022

In 2022, the average remote control apparatus export price amounted to $17 per unit, with an increase of 23% against the previous year. Overall, the export price, however, showed a noticeable setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 71% against the previous year. Over the period under review, the average export prices reached the peak figure at $26 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($126 per unit), while the average price for exports to Bosnia and Herzegovina ($1.1 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 France (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Remote Control Apparatus Imports in Luxembourg

In 2022, after three years of growth, there was significant decline in purchases abroad of radio remote control apparatus, when their volume decreased by -35.8% to 522K units. Over the period under review, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of 813K units, and then shrank significantly in the following year.

In value terms, remote control apparatus imports dropped dramatically to $2.9M in 2022. Overall, imports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 4.9%. Over the period under review, imports reached the peak figure at $7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Remote Control Apparatus in Luxembourg (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,104	1,005	1,236	1,203	2.9%
China	275	347	428	454	18.2%
France	1,438	999	671	342	-38.0%
United States	0.2	5.7	15.1	251	978.7%
Belgium	296	312	296	236	-7.3%
Mexico	55.7	27.3	124	65.1	5.3%
Austria	38.8	23.3	52.0	47.1	6.7%
Sweden	2.8	16.3	5.5	16.9	82.1%
Others	3,778	3,360	3,567	319	-56.1%
Total	6,988	6,095	6,394	2,934	-25.1%

Top Suppliers of Remote Control Apparatus to Luxembourg in 2022:

China (208.2K units)
Germany (186.1K units)
Belgium (42.6K units)
Mexico (21.5K units)
France (13.0K units)
United States (12.5K units)
Sweden (7.9K units)
Austria (6.8K units)

Remote Control Apparatus Exports in Luxembourg

In 2022, after three years of growth, there was significant decline in shipments abroad of radio remote control apparatus, when their volume decreased by -65.7% to 111K units. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. As a result, the exports attained the peak of 323K units, and then reduced markedly in the following year.

In value terms, remote control apparatus exports contracted notably to $1.9M in 2022. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports attained the peak of $4.5M, and then dropped markedly in the following year.

Export of Remote Control Apparatus in Luxembourg (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	312	69.4	321	477	15.2%
Germany	306	502	386	357	5.3%
Belgium	300	350	393	318	2.0%
Netherlands	155	167	134	121	-7.9%
United Kingdom	194	158	81.9	105	-18.5%
Norway	91.7	67.3	107	62.0	-12.2%
Poland	51.1	91.7	81.2	44.7	-4.4%
Czech Republic	46.3	45.4	47.6	39.6	-5.1%
Iceland	11.8	18.9	13.0	19.6	18.4%
Bosnia and Herzegovina	3.1	1.6	1.7	4.9	16.5%
Switzerland	10.6	11.4	14.0	2.7	-36.6%
Others	1,850	2,287	2,904	337	-43.3%
Total	3,331	3,769	4,484	1,889	-17.2%

Top Export Markets for Remote Control Apparatus from Luxembourg in 2022:

Belgium (24.0K units)
Norway (23.2K units)
Germany (14.1K units)
Iceland (10.5K units)
Netherlands (8.6K units)
United Kingdom (4.7K units)
Bosnia and Herzegovina (4.4K units)
France (3.8K units)
Czech Republic (2.0K units)
Poland (1.7K units)
Switzerland (1.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the remote control apparatus market 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 26512080 - Radio remote control apparatus (including for ships, pilotless aircraft, rockets, missiles, toys, and model ships or aircraft, for machines, for the detonation of mines)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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