
Luxembourg - Ships’ or Boats’ Propellers and Blades Therefor - Market Analysis, Forecast, Size, Trends and Insights
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Luxembourg: Ship Propeller Market 2022
Ship Propeller Market Size in Luxembourg
The Luxembourg ship propeller market fell sharply to $X in 2021, 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). In general, consumption showed a noticeable contraction. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.
Ship Propeller Exports
Exports from Luxembourg
In 2021, ship propeller exports from Luxembourg soared to X kg, picking up by X% compared with the previous year. Over the period under review, exports, however, continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
In value terms, ship propeller exports skyrocketed to $X in 2021. In general, exports, however, saw a sharp contraction. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
Exports by Country
Denmark (X kg) was the main destination for ship propeller exports from Luxembourg, accounting for a approx. X% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark totaled -X%.
In value terms, Denmark ($X) also remains the key foreign market for ship propeller exports from Luxembourg.
From 2012 to 2021, the average annual rate of growth in terms of value to Denmark amounted to -X%.
Export Prices by Country
The average ship propeller export price stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, the export price posted resilient growth. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2012 to 2021, the rate of growth in terms of prices for Denmark amounted to -X% per year.
Ship Propeller Imports
Imports into Luxembourg
In 2021, imports of ships’ or boats’ propellers and blades therefor into Luxembourg shrank dramatically to X kg, which is down by -X% on 2020. In general, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth imports remained at a lower figure.
In value terms, ship propeller imports reduced rapidly to $X in 2021. Over the period under review, imports saw a mild decrease. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth imports failed to regain momentum.
Imports by Country
In 2021, Germany (X kg) was the main ship propeller supplier to Luxembourg, with a X% share of total imports. Moreover, ship propeller imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X kg), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume from Germany stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and Malaysia (X% per year).
In value terms, Malaysia ($X), Germany ($X) and Belgium ($X) constituted the largest ship propeller suppliers to Luxembourg, with a combined X% share of total imports.
Among the main suppliers, Malaysia, 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 a decline.
Import Prices by Country
The average ship propeller import price stood at $X per ton in 2021, stabilizing at the previous year. In general, the import price, however, continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the ship propeller market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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