Luxembourg: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Luxembourg

The Luxembourg filling containers machinery market soared to $X in 2022, picking up by X% against the previous year. In general, consumption, however, recorded a pronounced decline. Filling containers machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Filling Containers Machinery Production in Luxembourg

In value terms, filling containers machinery production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible slump. The growth pace was the most rapid in 2020 when the production volume increased by X%. Filling containers machinery production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Filling Containers Machinery Exports

Exports from Luxembourg

In 2022, overseas shipments of machinery for filling, closing, sealing, capsuling or labelling containers decreased by X% to X units, falling for the third year in a row after two years of growth. Overall, exports, however, posted resilient growth. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, filling containers machinery exports declined rapidly to $X in 2022. Over the period under review, exports, however, posted a noticeable expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X units) was the main destination for filling containers machinery exports from Luxembourg, accounting for a X% share of total exports. Moreover, filling containers machinery exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Belgium (X units), fivefold. The United States (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Bosnia and Herzegovina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and the United States (X% per year).

In value terms, Bosnia and Herzegovina ($X) emerged as the key foreign market for machinery for filling, closing, sealing, capsuling or labelling containers exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Bosnia and Herzegovina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Switzerland (X% per year).

Export Prices by Country

In 2022, the average filling containers machinery export price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price saw a pronounced curtailment. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to the UK ($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 Serbia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Filling Containers Machinery Imports

Imports into Luxembourg

In 2022, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers decreased by X% to X units, falling for the second year in a row after two years of growth. In general, imports, however, saw perceptible growth. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, filling containers machinery imports reduced markedly to $X in 2022. Over the period under review, imports, however, enjoyed pronounced growth. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of filling containers machinery to Luxembourg, accounting for a X% share of total imports. Moreover, filling containers machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold. Italy (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the largest filling containers machinery suppliers to Luxembourg were Germany ($X), Italy ($X) and Sweden ($X), with a combined X% share of total imports. France, Belgium, the Netherlands and the Czech Republic lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average filling containers machinery import price amounted to $X per unit, surging by X% against the previous year. Overall, the import price, however, showed a pronounced curtailment. The growth pace was the most rapid in 2018 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 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :