Luxembourg: Electronic Chip Market Overview 2021

Electronic Chip Market Size in Luxembourg

In 2020, the Luxembourg electronic chip market was finally on the rise to reach $X for the first time since 2016, thus ending a three-year declining trend. In general, consumption, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Electronic Chip Exports

Exports from Luxembourg

Electronic chip exports from Luxembourg reduced to X units in 2020, declining by -X% on the year before. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X units in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, electronic chip exports expanded notably to $X in 2020. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Germany (X units), Mexico (X units) and Belgium (X units) were the main destinations of electronic chip exports from Luxembourg, together comprising X% of total exports. The U.S., France, Italy, Brazil, the UK, Spain, Algeria, Ireland, the Philippines and Poland lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Algeria (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, 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: Spain (-X% per year) and France (+X% per year).

Export Prices by Country

The average electronic chip export price stood at $X per unit in 2020, rising by X% against the previous year. Over the period under review, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Electronic Chip Imports

Imports into Luxembourg

In 2020, supplies from abroad of electronic chips decreased by -X% to X units, falling for the fifth year in a row after six years of growth. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, electronic chip imports reduced remarkably to $X in 2020. Overall, imports faced a abrupt decline. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Germany (X units) constituted the largest supplier of electronic chip to Luxembourg, accounting for a X% share of total imports. Moreover, electronic chip imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), twofold. The third position in this ranking was occupied by the Netherlands (X units), with a X% share.

From 2007 to 2020, 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 ($X) constituted the largest supplier of electronic chip to Luxembourg, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value 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).

Import Prices by Country

In 2020, the average electronic chip import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, recorded a slight shrinkage. The import price peaked at $X per unit in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electronic chips in the world?

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The countries with the highest volumes of electronic chip consumption in 2020 were China (18B units), the U.S. (16B units) and Viet Nam (14B units), with a combined 48% share of global consumption.

What are the largest producers of electronic chips in the world?

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The countries with the highest volumes of electronic chip production in 2020 were Taiwan (Chinese) (146B units), Singapore (137B units) and the Philippines (88B units), with a combined 62% share of global production.

What are the leading suppliers of electronic chips to Luxembourg?

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In value terms, Germany ($2.4M) constituted the largest supplier of electronic chip to Luxembourg, comprising 28% of total imports. The second position in the ranking was occupied by Belgium ($1.2M), with a 14% share of total imports. It was followed by the Netherlands, with a 9.9% share.

What are the leading importers of electronic chips from Luxembourg?

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In value terms, Germany ($952K) remains the key foreign market for electronic chip exports from Luxembourg, comprising 26% of total exports. The second position in the ranking was occupied by Spain ($318K), with a 8.8% share of total exports. It was followed by France, with a 8.7% share.

What is the average export price for electronic chips in Luxembourg?

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In 2020, the average electronic chip export price amounted to $1.8 per unit, with an increase of 18% against the previous year.

What is the average import price for electronic chips in Luxembourg?

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The average electronic chip import price stood at $17 per unit in 2020, rising by 149% against the previous year.