Luxembourg: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in Luxembourg

The Luxembourg reel cutting slitter market dropped to $X in 2022, waning by X% against the previous year. Overall, consumption, however, showed significant growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Reel Cutting Slitter Production in Luxembourg

In value terms, reel cutting slitter production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw significant growth. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Reel Cutting Slitter Exports

Exports from Luxembourg

In 2022, overseas shipments of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then reduced markedly in the following year.

In value terms, reel cutting slitter exports declined to $X in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

France (X units) was the main destination for reel cutting slitter exports from Luxembourg, accounting for a X% share of total exports. Moreover, reel cutting slitter exports to France exceeded the volume sent to the second major destination, Ireland (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (X% per year) and Spain (X% per year).

In value terms, Ireland ($X) emerged as the key foreign market for combined reel slitting and re-reeling cutting machines for paper and paperboard exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Ireland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average reel cutting slitter export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, recorded a abrupt descent. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to France ($X 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 Ireland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Reel Cutting Slitter Imports

Imports into Luxembourg

In 2022, reel cutting slitter imports into Luxembourg surged to X units, jumping by X% on 2021 figures. Overall, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, reel cutting slitter imports soared to $X in 2022. Over the period under review, imports enjoyed buoyant growth. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of reel cutting slitter to Luxembourg, with a X% share of total imports. Moreover, reel cutting slitter imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X) constituted the largest supplier of combined reel slitting and re-reeling cutting machines for paper and paperboard to Luxembourg, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average reel cutting slitter import price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 Germany ($X per unit), while the price for China ($X 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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :