Luxembourg: Vapour Generating Boiler Market 2024

Vapour Generating Boiler Market Size in Luxembourg

In 2022, the Luxembourg vapour generating boiler market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. In general, the total consumption indicated a measured expansion 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 2017 indices. Over the period under review, the market reached the maximum level at $X in 2021, and then reduced in the following year.

Vapour Generating Boiler Production in Luxembourg

In value terms, vapour generating boiler production reached $X in 2022 estimated in export price. Overall, the total production indicated a modest 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

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Vapour Generating Boiler Exports

Exports from Luxembourg

In 2022, shipments abroad of vapour generating boilers was finally on the rise to reach X tons after three years of decline. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, vapour generating boiler exports surged to $X in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for vapour generating boiler exports from Luxembourg, with a X% share of total exports. Moreover, vapour generating boiler exports to the UK exceeded the volume sent to the second major destination, Belgium (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at X.7%.

In value terms, the UK ($X) remains the key foreign market for vapour generating boilers exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to X.7%.

Export Prices by Country

In 2022, the average vapour generating boiler export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Belgium stood at $X per ton.

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 a decline.

Vapour Generating Boiler Imports

Imports into Luxembourg

In 2022, supplies from abroad of vapour generating boilers increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, vapour generating boiler imports skyrocketed to $X in 2022. Overall, imports saw a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X tons) was the main vapour generating boiler supplier to Luxembourg, accounting for a X% share of total imports. Moreover, vapour generating boiler imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), more than tenfold.

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: Austria (X% per year) and Belgium (X% per year).

In value terms, Germany ($X) constituted the largest supplier of vapour generating boilers to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average vapour generating boiler import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

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 Belgium ($X per ton), while the price for Austria ($X per ton) 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 a decline.

Source: IndexBox Platform

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