Luxembourg - Lead-Acid Accumulators For Starting Piston Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStarter Battery Price in Luxembourg - 2023
Contents:
- Starter Battery Price in Luxembourg (CIF) - 2023
- Starter Battery Price in Luxembourg (FOB) - 2022
- Starter Battery Imports in Luxembourg
- Starter Battery Exports in Luxembourg
Starter Battery Price in Luxembourg (CIF) - 2023
In July 2023, the average starter battery import price amounted to $36.8 per unit, falling by -3.1% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 4.8% against the previous month. Over the period under review, average import prices attained the maximum at $38.1 per unit in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were Belgium ($38.3 per unit) and Germany ($38.0 per unit), while the price for Turkey ($35.8 per unit) and France ($37.7 per unit) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Starter Battery Price in Luxembourg (FOB) - 2022
The average starter battery export price stood at $34 per unit in 2022, declining by -45.5% against the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 91% against the previous year. Over the period under review, the average export prices attained the peak figure at $91 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Belgium ($105 per unit), while the average price for exports to France ($33 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 (-1.0%), while the prices for the other major destinations experienced a decline.
Starter Battery Imports in Luxembourg
In 2022, the amount of lead-acid accumulators for starting piston engines imported into Luxembourg reached 106K units, surging by 4.6% compared with 2021. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 61%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, starter battery imports reduced notably to $3.7M in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 28%. Imports peaked at $4.8M in 2021, and then reduced dramatically in the following year.
| Import of Starter Battery in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.9 | 2.2 | 2.1 | 1.5 | -7.6% |
| Belgium | 0.7 | 1.4 | 1.4 | 1.1 | 16.3% |
| France | 0.5 | 0.3 | 0.6 | 0.7 | 11.9% |
| Netherlands | 0.4 | 0.5 | 0.5 | 0.3 | -9.1% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 3.6 | 4.6 | 4.8 | 3.7 | 0.9% |
Top Suppliers of Starter Battery to Luxembourg in 2022:
- Germany (56.3K units)
- Belgium (30.4K units)
- France (11.7K units)
- Netherlands (7.0K units)
Starter Battery Exports in Luxembourg
In 2022, approx. 8.6K units of lead-acid accumulators for starting piston engines were exported from Luxembourg; picking up by 38% compared with 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 152%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, starter battery exports contracted sharply to $297K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -25.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 88% against the previous year. As a result, the exports reached the peak of $401K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Starter Battery in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 43.4 | 193 | 192 | 147 | 50.2% |
| Belgium | 127 | 172 | 168 | 111 | -4.4% |
| Germany | 35.4 | 21.4 | 22.4 | 16.0 | -23.3% |
| Others | 7.8 | 14.3 | 11.4 | 23.2 | 43.8% |
| Total | 213 | 401 | 393 | 297 | 11.7% |
Top Export Markets for Starter Battery from Luxembourg in 2022:
- France (4.5K units)
- Belgium (1.1K units)
- Germany (0.3K units)
This report provides an in-depth analysis of the starter battery 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 27202100 - Lead-acid accumulators for starting piston engines
- Prodcom 27202110 -
- Prodcom 27202120 -
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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