Luxembourg - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRide-On Compaction Equipment Price in Luxembourg - 2023
Contents:
- Ride-On Compaction Equipment Price in Luxembourg (CIF) - 2023
- Ride-On Compaction Equipment Price in Luxembourg (FOB) - 2022
- Ride-On Compaction Equipment Imports in Luxembourg
- Ride-On Compaction Equipment Exports in Luxembourg
Ride-On Compaction Equipment Price in Luxembourg (CIF) - 2023
The average ride-on compaction equipment import price stood at $35,637 per unit in June 2023, remaining stable against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 178% month-to-month. The import price peaked at $36,005 per unit in May 2023, and then declined in the following month.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were the Czech Republic ($36,255 per unit) and Belgium ($36,252 per unit), while the price for Germany ($26,188 per unit) and the Netherlands ($28,391 per unit) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Ride-On Compaction Equipment Price in Luxembourg (FOB) - 2022
The average ride-on compaction equipment export price stood at $7,218 per unit in 2022, waning by -1.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 1,944%. As a result, the export price attained the peak level of $25,568 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($9,724 per unit), while the average price for exports to Poland ($666 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 Belgium (+33.7%), while the prices for the other major destinations experienced a decline.
Ride-On Compaction Equipment Imports in Luxembourg
In 2022, purchases abroad of ride-on compaction equipment decreased by -63.5% to 74 units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 73% against the previous year. As a result, imports attained the peak of 253 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, ride-on compaction equipment imports dropped markedly to $578K in 2022. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 64% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Ride-On Compaction Equipment in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 602 | 883 | 223 | 296 | -21.1% |
Czech Republic | N/A | 40.2 | N/A | 132 | 81.2% |
Belgium | 42.1 | 33.8 | 314 | 116 | 40.2% |
France | 11.1 | 127 | 45.9 | 17.0 | 15.3% |
Italy | 5.5 | 9.1 | 110 | 5.7 | 1.2% |
China | N/A | 32.9 | N/A | N/A | 0% |
Netherlands | 8.5 | N/A | 0.6 | N/A | -73.4% |
Others | 26.8 | 12.8 | 11.2 | 10.5 | -26.8% |
Total | 696 | 1,139 | 704 | 578 | -6.0% |
Top Suppliers of Ride-On Compaction Equipment to Luxembourg in 2022:
- Belgium (27.0 units)
- Germany (21.0 units)
- France (14.0 units)
- Italy (5.0 units)
- Czech Republic (5.0 units)
Ride-On Compaction Equipment Exports in Luxembourg
In 2022, overseas shipments of ride-on compaction equipment decreased by -44.8% to 16 units for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, the exports reached the peak of 29 units, and then contracted dramatically in the following year.
In value terms, ride-on compaction equipment exports plummeted to $115K in 2022. Overall, exports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $213K, and then contracted rapidly in the following year.
Export of Ride-On Compaction Equipment in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 63.0 | 65.5 | 51.6 | 77.8 | 7.3% |
Germany | 11.2 | 72.8 | 147 | 32.3 | 42.3% |
Georgia | N/A | 6.5 | N/A | 3.2 | -29.8% |
Poland | N/A | N/A | 0.5 | 1.3 | 160.0% |
Netherlands | N/A | N/A | 10.1 | 0.9 | -91.1% |
France | 55.7 | 2.9 | 3.2 | N/A | -76.0% |
Others | N/A | 4.1 | N/A | N/A | 0% |
Total | 130 | 152 | 213 | 115 | -4.0% |
Top Export Markets for Ride-On Compaction Equipment from Luxembourg in 2022:
- Belgium (8.0 units)
- Germany (4.0 units)
- Poland (2.0 units)
- Georgia (1.0 units)
- Netherlands (1.0 units)
This report provides an in-depth analysis of the ride-on compaction equipment 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 28922400 - Ride-on compaction equipment and the like
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
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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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