Luxembourg: Market for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles 2024

Market Size for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Luxembourg

The Luxembourg market for road-sweepers, mobile workshops and other special purpose vehicles reduced dramatically to $X in 2021, which is down by -68.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a abrupt descent. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Exports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles

Exports from Luxembourg

In 2021, after two years of growth, there was significant decline in overseas shipments of road-sweepers, mobile workshops and other special purpose vehicles, when their volume decreased by -11.9% to X units. Over the period under review, exports, however, enjoyed a slight increase. The pace of growth was the most pronounced in 2014 with an increase of 250%. The exports peaked at X units in 2020, and then shrank in the following year.

In value terms, exports of road-sweepers, mobile workshops and other special purpose vehicles dropped sharply to $X in 2021. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 99%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for exports of road-sweepers, mobile workshops and other special purpose vehicles from Luxembourg, with a 81% share of total exports. Moreover, exports of road-sweepers, mobile workshops and other special purpose vehicles to Germany exceeded the volume sent to the second major destination, France (X units), sevenfold. The third position in this ranking was taken by Belgium (X units), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-7.4% per year) and Belgium (-21.2% per year).

In value terms, Germany ($X) remains the key foreign market for road-sweepers, mobile workshops and other special purpose vehicles exports from Luxembourg, comprising 73% of total exports. The second position in the ranking was held by France ($X), with a 17% share of total exports. It was followed by Bosnia and Herzegovina, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-8.0% per year) and Bosnia and Herzegovina (0.0% per year).

Export Prices by Country

In 2021, the average export price for road-sweepers, mobile workshops and other special purpose vehicles amounted to $X per unit, declining by -4.5% against the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 55% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-0.9%), while the prices for the other major destinations experienced a decline.

Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles

Imports into Luxembourg

In 2021, approx. X units of road-sweepers, mobile workshops and other special purpose vehicles were imported into Luxembourg; waning by -40.3% compared with the previous year. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2015 when imports increased by 142%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of road-sweepers, mobile workshops and other special purpose vehicles declined sharply to $X in 2021. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 60% against the previous year. Imports peaked at $X in 2020, and then shrank significantly in the following year.

Imports by Country

Germany (X units), Belgium (X units) and Italy (X units) were the main suppliers of imports of road-sweepers, mobile workshops and other special purpose vehicles to Luxembourg, together comprising 73% of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +22.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of road-sweepers, mobile workshops and other special purpose vehicles to Luxembourg, comprising 53% of total imports. The second position in the ranking was taken by Belgium ($X), with a 22% share of total imports. It was followed by France, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+25.2% per year) and France (-16.0% per year).

Import Prices by Country

In 2021, the average import price for road-sweepers, mobile workshops and other special purpose vehicles amounted to $X per unit, declining by -18.7% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 95%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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