Luxembourg: Paper Making Machinery Market 2024

Paper Making Machinery Market Size in Luxembourg

The Luxembourg paper making machinery market rose slightly to $X in 2022, increasing by X% against the previous year. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Paper making machinery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Paper Making Machinery Production in Luxembourg

In value terms, paper making machinery production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Paper Making Machinery Exports

Exports from Luxembourg

Paper making machinery exports from Luxembourg skyrocketed to X units in 2022, growing by X% on 2021 figures. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper making machinery exports soared to $X in 2022. Overall, exports posted a noticeable expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for paper making machinery exports from Luxembourg, accounting for a X% share of total exports. It was followed by Belgium (X units), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and France (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for machinery for making up paper pulp, paper or paperboard exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average paper making machinery export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, faced a sharp curtailment. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Germany ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Making Machinery Imports

Imports into Luxembourg

In 2022, supplies from abroad of machinery for making up paper pulp, paper or paperboard decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, paper making machinery imports dropped modestly to $X in 2022. Over the period under review, imports, however, enjoyed tangible growth. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Poland (X units), Italy (X units) and Germany (X units) were the main suppliers of paper making machinery imports to Luxembourg, with a combined X% share of total imports. Belgium, Spain, France and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Poland ($X) constituted the largest paper making machinery suppliers to Luxembourg, with a combined X% share of total imports.

Among the main suppliers, France, with a CAGR of X%, 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

In 2022, the average paper making machinery import price amounted to $X per unit, with an increase of X% against the previous year. In general, the import price continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Italy ($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 Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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