Luxembourg: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Luxembourg

The Luxembourg telephone apparatus market expanded significantly to $X in 2022, increasing 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). Over the period under review, the total consumption indicated a noticeable 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 increased by X% against 2018 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Telephone Apparatus Exports

Exports from Luxembourg

In 2022, approx. X units of telephone apparatus were exported from Luxembourg; with an increase of X% on the previous year's figure. Over the period under review, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, telephone apparatus exports declined dramatically to $X in 2022. In general, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for telephone apparatus exports from Luxembourg, accounting for a X% share of total exports. Moreover, telephone apparatus exports to Germany exceeded the volume sent to the second major destination, Italy (X units), fourfold. The third position in this ranking was taken by Spain (X units), with a X% share.

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

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

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

Export Prices by Country

The average telephone apparatus export price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then fell remarkably in the following year.

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

Telephone Apparatus Imports

Imports into Luxembourg

In 2022, purchases abroad of telephone apparatus increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, saw a perceptible decrease. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, telephone apparatus imports shrank to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest telephone apparatus supplier to Luxembourg, with a X% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), threefold. 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 from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

In value terms, China ($X), Belgium ($X) and Germany ($X) appeared to be the largest telephone apparatus suppliers to Luxembourg, with a combined X% share of total imports. The Netherlands, France, South Korea, Japan, the United States and Sweden lagged somewhat behind, together comprising a further X%.

Japan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average telephone apparatus import price stood at $X per unit in 2022, reducing by X% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price 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, telephone apparatus import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

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 South Korea ($X per unit), while the price for Sweden ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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