Luxembourg: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Luxembourg

The Luxembourg straw for fodder balers market dropped to $X in 2022, declining by X% against the previous year. Over the period under review, consumption, however, enjoyed prominent growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Straw Or Fodder Balers, Including Pickup Balers in Luxembourg

In value terms, straw for fodder balers production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

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Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports from Luxembourg

After two years of growth, overseas shipments of straw or fodder balers, including pickup balers decreased by X% to X units in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, straw for fodder balers exports fell to $X in 2022. Overall, exports recorded a slight curtailment. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units), Germany (X units) and Slovenia (X units) were the main destinations of straw for fodder balers exports from Luxembourg, with a combined X% share of total exports.

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

In value terms, Belgium ($X), Germany ($X) and Poland ($X) constituted the largest markets for straw for fodder balers exported from Luxembourg worldwide, together comprising X% of total exports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average straw for fodder balers export price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

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 Germany ($X per unit), while the average price for exports to Slovenia ($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 Poland (X%), while the prices for the other major destinations experienced a decline.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports into Luxembourg

In 2022, approx. X units of straw or fodder balers, including pickup balers were imported into Luxembourg; increasing by X% compared with the previous year. Over the period under review, imports, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, straw for fodder balers imports expanded significantly to $X in 2022. Overall, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of straw for fodder balers to Luxembourg, accounting for a X% share of total imports. Moreover, straw for fodder balers imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), fivefold. The third position in this ranking was held by Belgium (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Belgium (X% per year).

In value terms, Germany ($X) constituted the largest supplier of straw or fodder balers, including pickup balers to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Belgium (X% per year).

Import Prices by Country

The average straw for fodder balers import price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price showed a mild decrease. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per unit) and Belgium ($X per unit), while the price for Italy ($X per unit) and Germany ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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