Luxembourg - Electronic Machines and Appliances for Testing Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuxembourg: Electronic Material Tester Market 2024
Electronic Material Tester Market Size in Luxembourg
The Luxembourg electronic material tester market reduced notably to $X in 2023, which is down by X% against the previous year. Overall, consumption continues to indicate a precipitous slump. Electronic material tester consumption peaked at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.
Electronic Material Tester Production in Luxembourg
In value terms, electronic material tester production soared to $X in 2023 estimated in export price. Overall, production, however, saw a deep downturn. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2023, production remained at a lower figure.
Electronic Material Tester Exports
Exports from Luxembourg
In 2023, exports of electronic machines and appliances for testing materials from Luxembourg skyrocketed to X units, growing by X% on 2022 figures. Over the period under review, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.
In value terms, electronic material tester exports reached $X in 2023. In general, exports recorded a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in the immediate term.
Exports by Country
Mexico (X units), the United States (X units) and China (X units) were the main destinations of electronic material tester exports from Luxembourg, together comprising X% of total exports. India, South Africa, France, Italy, Hungary, Thailand, Poland, South Korea, Germany and Canada lagged somewhat behind, together comprising a further X%.
From 2020 to 2023, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Mexico ($X), China ($X) and the United States ($X) constituted the largest markets for electronic material tester exported from Luxembourg worldwide, with a combined X% share of total exports. India, Hungary, France, Thailand, Italy, Poland, South Africa, Germany, South Korea and Canada lagged somewhat behind, together accounting for a further X%.
Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average electronic material tester export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price showed a slight reduction. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then dropped sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.
From 2020 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.
Electronic Material Tester Imports
Imports into Luxembourg
For the third consecutive year, Luxembourg recorded decline in purchases abroad of electronic machines and appliances for testing materials, which decreased by X% to X units in 2023. In general, imports showed a dramatic setback. The smallest decline of X% was in 2022. Imports peaked at X units in 2020; however, from 2021 to 2023, imports remained at a lower figure.
In value terms, electronic material tester imports declined significantly to $X in 2023. Over the period under review, imports faced a deep downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports failed to regain momentum.
Imports by Country
In 2023, France (X units) constituted the largest electronic material tester supplier to Luxembourg, accounting for a X% share of total imports. Moreover, electronic material tester imports from France exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Portugal (X units) ranked third in terms of total imports with a X% share.
From 2020 to 2023, the average annual growth rate of volume from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Portugal (X% per year).
In value terms, the United States ($X) constituted the largest supplier of electronic machines and appliances for testing materials to Luxembourg, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports. It was followed by the UK, with a X% share.
From 2020 to 2023, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the UK (X% per year).
Import Prices by Country
The average electronic material tester import price stood at $X per unit in 2023, dropping by X% against the previous year. Over the period under review, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when the average import price decreased by X%. The import price peaked at $X per unit in 2020; however, from 2021 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for France ($X per unit) was amongst the lowest.
From 2020 to 2023, 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
This report provides an in-depth analysis of the electronic material tester 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 26516255 - Electronic machines and appliances for testing the properties of materials (excluding for metals)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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