Luxembourg: Resistor Market 2024

Resistor Market Size in Luxembourg

In 2022, the Luxembourg resistor market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Resistor Production in Luxembourg

In value terms, resistor production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Resistor Exports

Exports from Luxembourg

In 2022, resistor exports from Luxembourg dropped modestly to X units, therefore, remained relatively stable against the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, resistor exports reduced modestly to $X in 2022. In general, exports showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), France (X units) and China (X units) were the main destinations of resistor exports from Luxembourg, together accounting for X% of total exports. Mexico, the UK, Poland, the United States, Turkey, the Czech Republic, Hungary, Serbia, Slovakia and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for resistor exported from Luxembourg were Germany ($X), Slovakia ($X) and China ($X), with a combined X% share of total exports. France, the UK, the Czech Republic, the United States, Hungary, Turkey, Poland, Mexico, Serbia and Spain lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Serbia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average resistor export price amounted to $X per unit, declining by X% against the previous year. In general, the export price showed a perceptible setback. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Mexico ($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 Slovakia (X%), while the prices for the other major destinations experienced a decline.

Resistor Imports

Imports into Luxembourg

In 2022, purchases abroad of electrical resistors (except heating resistors) increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. 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, resistor imports declined to $X in 2022. Over the period under review, imports, however, saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest supplier of resistor to Luxembourg, with a X% share of total imports. Moreover, resistor imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was taken by South Korea (X units), with a X% share.

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

In value terms, the largest resistor suppliers to Luxembourg were Slovakia ($X), South Korea ($X) and the Czech Republic ($X), with a combined X% share of total imports.

South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average resistor import price amounted to $X per thousand units, dropping by X% against the previous year. Over the period under review, the import price saw a abrupt downturn. The growth pace was the most rapid in 2015 an increase of X%. The import price peaked at $X per thousand units in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per thousand units), while the price for the Czech Republic ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform