Luxembourg: Telephone Market 2024

Telephone Market Size in Luxembourg

In 2022, the Luxembourg telephone market decreased by X% to $X, falling for the fourth year in a row after three years of growth. Over the period under review, consumption showed a deep reduction. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Telephone Exports

Exports from Luxembourg

In 2022, overseas shipments of telephones and videophones were finally on the rise to reach X units after three years of decline. Over the period under review, exports, however, saw a abrupt decrease. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, telephone exports skyrocketed to $X in 2022. In general, exports, however, showed a abrupt contraction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for telephone exports from Luxembourg, with a X% share of total exports. It was followed by Belgium (X units), with a X% share of total exports. Hong Kong SAR (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Hong Kong SAR (X% per year).

In value terms, France ($X) emerged as the key foreign market for telephones and videophones exports from Luxembourg, comprising X% of total exports. The second position in the ranking was taken by Greece ($X), with an X% share of total exports. It was followed by Hong Kong SAR, with an X% share.

From 2012 to 2022, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

In 2022, the average telephone export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 Greece ($X per unit), while the average price for exports to France ($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 Greece (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Telephone Imports

Imports into Luxembourg

For the fourth year in a row, Luxembourg recorded decline in supplies from abroad of telephones and videophones, which decreased by X% to X units in 2022. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, telephone imports shrank sharply to $X in 2022. Over the period under review, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), Belgium (X units) and the Netherlands (X units) were the main suppliers of telephone imports to Luxembourg, with a combined X% share of total imports. France, Poland, China and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

Poland, with a CAGR of X%, saw 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 import price stood at $X per unit in 2022, picking up by X% against the previous year. In general, import price indicated a remarkable 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 import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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