Luxembourg: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size in Luxembourg

The Luxembourg water-skis and surfboards market surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption showed a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Water-Skis And Surfboards Production in Luxembourg

In value terms, water-skis and surfboards production soared to $X in 2022 estimated in export price. In general, production showed significant growth. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Water-skis and surfboards production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Water-Skis And Surfboards Exports

Exports from Luxembourg

In 2022, overseas shipments of water-skis, surfboards and sailboards increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, saw a pronounced curtailment. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, water-skis and surfboards exports surged to $X in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X units), France (X units) and Italy (X units) were the main destinations of water-skis and surfboards exports from Luxembourg, together accounting for X% 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 Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) emerged as the key foreign market for water-skis, surfboards and sailboards exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

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

Export Prices by Country

In 2022, the average water-skis and surfboards export price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

Water-Skis And Surfboards Imports

Imports into Luxembourg

In 2022, approx. X units of water-skis, surfboards and sailboards were imported into Luxembourg; growing by X% compared with the previous year's figure. In general, imports, however, continue to indicate a slight reduction. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, water-skis and surfboards imports surged to $X in 2022. Over the period under review, imports, however, showed a pronounced setback. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X units) constituted the largest supplier of water-skis and surfboards to Luxembourg, with a X% share of total imports. Moreover, water-skis and surfboards imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), sixfold. Germany (X units) ranked third in terms of total imports with an X% share.

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

In value terms, Belgium ($X) constituted the largest supplier of water-skis, surfboards and sailboards to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by France, with an X% share.

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

Import Prices by Country

In 2022, the average water-skis and surfboards import price amounted to $X per unit, waning by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, 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 Germany ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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