Luxembourg: Market for Machinery for Filtering or Purifying Gases 2024

Market Size for Machinery for Filtering or Purifying Gases in Luxembourg

The Luxembourg market for machinery for filtering or purifying gases dropped to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption saw a abrupt decrease. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Machinery for Filtering or Purifying Gases in Luxembourg

In value terms, production of machinery for filtering or purifying gases shrank to $X in 2022 estimated in export price. In general, production faced a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Exports of Machinery for Filtering or Purifying Gases

Exports from Luxembourg

In 2022, exports of machinery for filtering or purifying gases from Luxembourg reduced notably to X units, shrinking by X% on the previous year's figure. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of machinery for filtering or purifying gases reduced remarkably to $X in 2022. Over the period under review, exports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X units), France (X units) and the Czech Republic (X units) were the main destinations of exports of machinery for filtering or purifying gases from Luxembourg, together accounting for X% of total exports. Germany, Italy, Poland, the United States, Turkey, Belarus, Spain, Tanzania, the UK and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Germany ($X) appeared to be the largest markets for machinery for filtering or purifying gases exported from Luxembourg worldwide, together accounting for X% of total exports. The Czech Republic, Tanzania, Spain, the United States, Belarus, Poland, Italy, Turkey, the UK and Switzerland lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Switzerland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for machinery for filtering or purifying gases stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Germany ($X per unit), while the average price for exports to Italy ($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 Switzerland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery for Filtering or Purifying Gases

Imports into Luxembourg

In 2022, supplies from abroad of machinery for filtering or purifying gases decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of machinery for filtering or purifying gases declined notably to $X in 2022. In general, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2021, and then shrank sharply in the following year.

Imports by Country

Germany (X units), Belgium (X units) and France (X units) were the main suppliers of imports of machinery for filtering or purifying gases to Luxembourg, with a combined X% share of total imports. Japan, the Netherlands, Italy and Slovakia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and France ($X) constituted the largest machinery for filtering or purifying gases suppliers to Luxembourg, together comprising X% of total imports. The Netherlands, Japan, Italy and Slovakia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Slovakia, with a CAGR of X%, recorded the highest growth rate of 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 import price for machinery for filtering or purifying gases stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 France ($X per unit), while the price for Japan ($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 United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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