Luxembourg: Safety Headgear Market 2024

Safety Headgear Market Size in Luxembourg

The Luxembourg safety headgear market shrank markedly to $X in 2022, dropping by X% 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, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Safety Headgear Exports

Exports from Luxembourg

In 2022, after two years of decline, there was significant growth in overseas shipments of safety headgear, when their volume increased by X% to X units. In general, exports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, safety headgear exports rose modestly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for safety headgear exports from Luxembourg, accounting for a X% share of total exports. Moreover, safety headgear exports to the UK exceeded the volume sent to the second major destination, Belgium (X units), twofold. The third position in this ranking was held by Germany (X units), with an X% share.

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

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

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

Export Prices by Country

In 2022, the average safety headgear export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then declined notably in the following year.

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

Safety Headgear Imports

Imports into Luxembourg

In 2022, approx. X units of safety headgear were imported into Luxembourg; reducing by X% on the previous year. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, safety headgear imports reduced to $X in 2022. Over the period under review, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Germany (X units), Belgium (X units) and France (X units) were the main suppliers of safety headgear imports to Luxembourg, together accounting for X% of total imports. The Netherlands, Italy, the UK, Austria, Poland and China 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 Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest safety headgear suppliers to Luxembourg were Germany ($X), Belgium ($X) and France ($X), together comprising X% of total imports. The Netherlands, Italy, Austria, China, Poland and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, saw 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

In 2022, the average safety headgear import price amounted to $X per unit, stabilizing at the previous year. In general, the import price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 China ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :