Luxembourg - Power Tools - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPower Tool Price in Luxembourg - 2023
Contents:
- Power Tool Price in Luxembourg (CIF) - 2023
- Power Tool Price in Luxembourg (FOB) - 2023
- Power Tool Imports in Luxembourg
- Power Tool Exports in Luxembourg
Power Tool Price in Luxembourg (CIF) - 2023
The average power tool import price stood at $78.4 per unit in September 2023, therefore, remained relatively stable against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 7% m-o-m. As a result, import price reached the peak level of $80.9 per unit. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,995 per unit), while the price for Japan stood at $359 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Power Tool Price in Luxembourg (FOB) - 2023
The average power tool export price stood at $85.7 per unit in September 2023, picking up by 15% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 23% month-to-month. Over the period under review, the average export prices reached the peak figure at $96.1 per unit in May 2023; however, from June 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Guinea ($728 per unit), while the average price for exports to Burkina Faso ($75.8 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Power Tool Imports in Luxembourg
In 2022, after three years of growth, there was significant decline in purchases abroad of power tools, when their volume decreased by -5.7% to 250K units. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 18%. Imports peaked at 266K units in 2021, and then declined in the following year.
In value terms, power tool imports amounted to $30M in 2022. The total import value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Power Tool in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 13.4 | 14.6 | 15.5 | 15.7 | 5.4% |
| Germany | 5.2 | 9.5 | 12.2 | 12.1 | 32.5% |
| France | 0.5 | 0.4 | 0.9 | 1.1 | 30.1% |
| Netherlands | 0.1 | 0.4 | 0.5 | 0.5 | 71.0% |
| China | 1.6 | 0.1 | 0.2 | N/A | -64.6% |
| Japan | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Others | 2.3 | 0.6 | 0.8 | 0.7 | -32.7% |
| Total | 23.3 | 25.7 | 30.2 | 30.2 | 9.0% |
Top Suppliers of Power Tool to Luxembourg in 2022:
- Germany (120.6K units)
- Belgium (95.2K units)
- Netherlands (15.9K units)
- France (10.7K units)
- China (0.9K units)
- Japan (0.4K units)
Power Tool Exports in Luxembourg
In 2022, exports of power tools from Luxembourg expanded rapidly to 198K units, growing by 5.9% on the previous year's figure. The total export volume increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 28%. As a result, the exports reached the peak of 202K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, power tool exports soared to $13M in 2022. The total export value increased at an average annual rate of +10.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Power Tool in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.2 | 6.2 | 5.9 | 7.3 | -3.8% |
| Germany | 1.2 | 4.4 | 4.9 | 5.4 | 65.1% |
| Belgium | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
| Others | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Total | 9.8 | 11.0 | 11.5 | 13.3 | 10.7% |
Top Export Markets for Power Tool from Luxembourg in 2022:
- Germany (144.9K units)
- France (45.0K units)
- Belgium (6.6K units)
This report provides an in-depth analysis of the power tool market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28241113 - Electromechanical hand drills operated without an external source of power
- Prodcom 28241115 - Electropneumatic drills of all kinds for working in the hand
- Prodcom 28241117 - Electromechanical hand drills of all kinds (excluding those operated without an external source of power, e lectropneumatic)
- Prodcom 28241120 - Electromechanical hand tools operated without an external source of power (excluding drills, saws )
- Prodcom 28241123 - Electromechanical chainsaws
- Prodcom 28241125 - Electromechanical circular saws
- Prodcom 28241127 - Electromechanical handsaws (excluding chainsaws, circular saws)
- Prodcom 28241133 -
- Prodcom 28241135 -
- Prodcom 28241150 - Grinders, sanders and planers, for working in the hand, with self-contained electric motor, operating with an external source of power
- Prodcom 28241180 - Electromechanical hedge trimmers and lawn edge cutters
- Prodcom 28241185 - Electromechanical hand tools, with self-contained electric motor operating with an external source of power (excluding saws, drills, grinders, sanders, planers, hedge trimmers and lawn edge cutters)
- Prodcom 28241190 -
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
467
This report provides an in-depth analysis of the power tool market in Luxembourg.
218
This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor in Luxembourg.
240
This report provides an in-depth analysis of the non-electric motor handtools market in Luxembourg.
226
This report provides an in-depth analysis of the non-electric chainsaw market in Luxembourg.
416
This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool in Luxembourg.
2153
This report provides an in-depth analysis of the global power tool market.
547
This report provides an in-depth analysis of the global market for electromechanical tools for working in the hand, with self-contained electric motor.
361
Global Hand Tools Market Report 2018. This report provides an in-depth analysis of the global hand tools market.
504
This report provides an in-depth analysis of the global non-electric motor handtools market.
367
Global Electropneumatic Drill Market Report 2018. This report provides an in-depth analysis of the global electropneumatic drill market.
285
Discover the top import markets for power tools based on their import value in 2022. Get valuable insights on the global demand for power tools and potential opportunities for manufacturers and exporters.
951
In 2016, the global imports of electro-mechanical tool totaled X tons, picking up by X% against the previous year figure. Overall, electro-mechanical tool imports continue to indicate a relativel...
781
In 2016, the global imports of electro-mechanical tool totaled X tons, picking up by X% against the previous year figure. Overall, electro-mechanical tool imports continue to indicate a relativel...
1511
Global electro-mechanical tool market production (drills of all kinds, saws or other) was estimated
1183
In 2015, the value of total imports on the global electro-mechanical tool market stood at X million USD. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical terms, the total volume of electro-mechanical too
1260
From 2007 to 2015, global consumption on the electro-mechanical tool market grew annually by +X%. The highest annual rates of growth with regard to electro-mechanical tools (drills of all kinds, saws or other) consumption from 2007 to 2015, were reco
1334
From 2007 to 2015, global exports of electro-mechanical tools (drills of all kinds, saws or other) increased by +X% per year, amounting to X million USD in 2015. In physical terms, exports reached X million units in 2015, and remained stable a
954
China dominates in the global electro-mechanical tool trade. In 2014, China exported X thousand tons of electro-mechanical tools totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X
100
Explore the top import markets for electromechanical tools for working in the hand, with self-contained electric motors. Discover key statistics and numbers from leading countries.
285
Discover the top import markets for power tools based on their import value in 2022. Get valuable insights on the global demand for power tools and potential opportunities for manufacturers and exporters.
