Luxembourg - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Luxembourg - 2023
Contents:
- Test Bench Price in Luxembourg (FOB) - 2022
- Test Bench Price in Luxembourg (CIF) - 2022
- Test Bench Exports in Luxembourg
- Test Bench Imports in Luxembourg
Test Bench Price in Luxembourg (FOB) - 2022
In 2022, the average test bench export price amounted to $8,702 per unit, with a decrease of -41.3% against the previous year. In general, the export price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2015 when the average export price increased by 91%. The export price peaked at $16,696 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($26,207 per unit), while the average price for exports to Belgium ($3,783 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 Portugal (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Test Bench Price in Luxembourg (CIF) - 2022
The average test bench import price stood at $8,154 per unit in 2022, approximately mirroring the previous year. Over the period under review, the import price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 69% against the previous year. The import price peaked at $8,272 per unit in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($17,855 per unit), while the price for Germany ($7,781 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Test Bench Exports in Luxembourg
Test bench exports from Luxembourg fell significantly to 47 units in 2022, waning by -79% against the previous year's figure. Overall, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 203% against the previous year. As a result, the exports reached the peak of 224 units, and then shrank dramatically in the following year.
In value terms, test bench exports declined sharply to $408K in 2022. In general, exports faced a sharp decline. The growth pace was the most rapid in 2021 with an increase of 329%. As a result, the exports attained the peak of $3.3M, and then fell dramatically in the following year.
| Export of Test Bench in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 800 | 209 | 178 | 321 | -26.2% |
| Portugal | 145 | 69.9 | 1,396 | 39.2 | -35.3% |
| Belgium | N/A | 39.4 | 14.5 | 20.6 | -27.7% |
| France | 311 | 327 | 149 | 17.3 | -61.8% |
| United States | 54.1 | 33.4 | 1,226 | 10.0 | -43.0% |
| China | 0.1 | N/A | 47.9 | N/A | 2088.6% |
| Oman | 56.0 | 3.4 | 124 | N/A | 48.8% |
| Others | 464 | 91.4 | 181 | N/A | -37.5% |
| Total | 1,830 | 774 | 3,316 | 408 | -39.4% |
Top Export Markets for Test Bench from Luxembourg in 2022:
- Germany (37.0 units)
- Belgium (5.0 units)
- Portugal (3.0 units)
- France (1.0 units)
Test Bench Imports in Luxembourg
Test bench imports into Luxembourg skyrocketed to 329 units in 2022, rising by 39% against 2021 figures. In general, imports, however, saw a mild slump. The growth pace was the most rapid in 2020 with an increase of 65%. As a result, imports reached the peak of 565 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, test bench imports skyrocketed to $2.7M in 2022. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2020 with an increase of 85%. As a result, imports attained the peak of $3.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Test Bench in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 956 | 2,959 | 1,440 | 2,397 | 35.9% |
| Belgium | 210 | 72.4 | 237 | 137 | -13.3% |
| France | 61.6 | 35.2 | 191 | 86.3 | 11.9% |
| United States | 421 | 38.9 | 33.5 | 0.1 | -93.8% |
| Others | 170 | 256 | 53.5 | 65.8 | -27.1% |
| Total | 1,818 | 3,361 | 1,955 | 2,686 | 13.9% |
Top Suppliers of Test Bench to Luxembourg in 2022:
- Germany (308.0 units)
- Belgium (13.0 units)
- France (5.0 units)
This report provides an in-depth analysis of the test bench 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 26516620 - Test benches
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
- 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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