Luxembourg: Integrated Circuit Market Overview 2020

Integrated Circuit Market Size in Luxembourg

The revenue of the integrated circuit market in Luxembourg amounted to $X in 2018, picking up by X% against the previous year. Overall, integrated circuit consumption, however, continues to indicate a precipitous setback. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the integrated circuit market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Integrated Circuit Production in Luxembourg

In value terms, integrated circuit production totaled $X in 2018 estimated in export prices. In general, integrated circuit production continues to indicate a measured increase. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. In that year, integrated circuit production attained its peak level of $X. From 2015 to 2018, integrated circuit production growth remained at a somewhat lower figure.

Integrated Circuit Exports

Exports from Luxembourg

In 2018, the exports of electronic integrated circuits and microassemblies from Luxembourg stood at X units, reducing by -X% against the previous year. Over the period under review, integrated circuit exports continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Exports peaked at X units in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

In value terms, integrated circuit exports amounted to $X in 2018. In general, integrated circuit exports continue to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, integrated circuit exports reached their peak figure at $X in 2009; however, from 2010 to 2018, exports remained at a lower figure.

Exports by Country

Turkey (X units), Kyrgyzstan (X units) and Belgium (X units) were the main destinations of integrated circuit exports from Luxembourg, with a combined X% share of total exports. These countries were followed by Lithuania, Sweden, India, Nigeria, the Netherlands, Japan and Germany, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for integrated circuit exports from Luxembourg, comprising X% of total integrated circuit exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and Sweden (+X% per year).

Export Prices by Country

The average integrated circuit export price stood at $X per unit in 2018, falling by -X% against the previous year. Over the period under review, the integrated circuit export price continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. The export price peaked at $X per unit in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Germany ($X per unit), while the average price for exports to Kyrgyzstan ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced mixed trend patterns.

Integrated Circuit Imports

Imports into Luxembourg

In 2018, the amount of electronic integrated circuits and microassemblies imported into Luxembourg amounted to X units, flattening at the previous year. In general, integrated circuit imports, however, continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, integrated circuit imports totaled $X in 2018. Overall, integrated circuit imports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, France (X units) constituted the largest integrated circuit supplier to Luxembourg, with a X% share of total imports. Moreover, integrated circuit imports from France exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Belgium (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from France totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Belgium (-X% per year).

In value terms, the largest integrated circuit suppliers to Luxembourg were the Netherlands ($X), Germany ($X) and Belgium ($X), with a combined X% share of total imports. These countries were followed by France, Japan, China and Canada, which together accounted for a further X the main suppliers, Japan recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2018, the average integrated circuit import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the integrated circuit import price continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. The import price peaked in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the Netherlands ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform