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Luxembourg - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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Luxembourg: Electrical Insulating Fittings Market Overview 2021

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Electrical Insulating Fittings Market Size in Luxembourg

In 2020, after six years of growth, there was significant decline in the Luxembourg electrical insulating fittings market, when its value decreased by -X% to $X. Overall, consumption, however, posted a strong expansion. The pace of growth appeared the most rapid in 2014 when the market value increased by X% year-to-year. Electrical insulating fittings consumption peaked at $X in 2019, and then declined in the following year.

Electrical Insulating Fittings Exports

Exports from Luxembourg

Electrical insulating fittings exports from Luxembourg soared to X units in 2020, picking up by X% against 2019 figures. Overall, exports, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. As a result, exports reached the peak of X units. From 2014 to 2020, the growth exports remained at a lower figure.

In value terms, electrical insulating fittings exports contracted notably to $X in 2020. Over the period under review, exports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Germany (X units) and France (X units) were the main destinations of electrical insulating fittings exports from Luxembourg, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France.

In value terms, France ($X) remains the key foreign market for electrical insulating fittings exports from Luxembourg, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to France totaled +X%.

Export Prices by Country

The average electrical insulating fittings export price stood at $X per unit in 2020, which is down by -X% against the previous year. Over the period under review, the export price saw a slight downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per unit, and then contracted sharply in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per unit), while the average price for exports to Germany amounted to $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany.

Electrical Insulating Fittings Imports

Imports into Luxembourg

In 2020, overseas purchases of electrical insulating fittings of plastics decreased by -X% to X units for the first time since 2014, thus ending a five-year rising trend. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X units in 2019, and then reduced in the following year.

In value terms, electrical insulating fittings imports shrank to $X in 2020. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2019, and then reduced in the following year.

Imports by Country

In 2020, Belgium (X units) constituted the largest electrical insulating fittings supplier to Luxembourg, with a X% share of total imports. Moreover, electrical insulating fittings imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Slovakia (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Belgium stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Slovakia (+X% per year).

In value terms, Belgium ($X), Germany ($X) and Slovakia ($X) were the largest electrical insulating fittings suppliers to Luxembourg, with a combined X% share of total imports. South Korea lagged somewhat behind, comprising a further X the main suppliers, South Korea (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical insulating fittings import price stood at $X per unit in 2020, which is down by -X% against the previous year. Overall, the import price saw a slight downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulating fittings of plastics in the world?
+
The countries with the highest volumes of electrical insulating fittings consumption in 2020 were China (79M units), the U.S. (46M units) and India (29M units), together accounting for 44% of global consumption. Japan, Germany, the Czech Republic, Nigeria, Mexico, Morocco, France, South Korea, Romania and Italy lagged somewhat behind, together accounting for a further 27%.
What are the largest producers of electrical insulating fittings of plastics in the world?
+
The countries with the highest volumes of electrical insulating fittings production in 2020 were China (76M units), the U.S. (45M units) and Germany (32M units), with a combined 47% share of global production. These countries were followed by Japan, India, South Korea, Nigeria, Austria, France, Italy and Hungary, which together accounted for a further 33%.
What are the leading suppliers of electrical insulating fittings of plastics to Luxembourg?
+
In value terms, Belgium ($744K), Germany ($611K) and Slovakia ($539K) were the largest electrical insulating fittings suppliers to Luxembourg, together comprising 89% of total imports. These countries were followed by South Korea, which accounted for a further 8.2%.
What are the leading importers of electrical insulating fittings of plastics from Luxembourg?
+
In value terms, France ($46K) remains the key foreign market for electrical insulating fittings exports from Luxembourg, comprising 75% of total exports. The second position in the ranking was occupied by Germany ($12K), with a 19% share of total exports.
What is the average export price for electrical insulating fittings of plastics in Luxembourg?
+
In 2020, the average electrical insulating fittings export price amounted to $18 per unit, falling by -52.2% against the previous year.
What is the average import price for electrical insulating fittings of plastics in Luxembourg?
+
In 2020, the average electrical insulating fittings import price amounted to $17 per unit, waning by -3.8% against the previous year.

Product coverage:
• Prodcom 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)

This report provides an in-depth analysis of the electrical insulating fittings 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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