Luxembourg: Ignition Magneto Market 2024

Ignition Magneto Market Size in Luxembourg

The Luxembourg ignition magneto market was estimated at $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Ignition magneto consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Ignition Magneto Production in Luxembourg

In value terms, ignition magneto production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Ignition magneto production peaked at $X in 2020; afterwards, it flattened through to 2022.

Ignition Magneto Exports

Exports from Luxembourg

In 2022, the amount of ignition magnetos, magneto-dynamos and magnetic flywheels exported from Luxembourg shrank remarkably to X units, falling by X% compared with 2021. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, ignition magneto exports dropped significantly to $X in 2022. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for ignition magneto exports from Luxembourg, accounting for a X% share of total exports. Moreover, ignition magneto exports to the Netherlands exceeded the volume sent to the second major destination, Romania (X units), ninefold. Belgium (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Belgium (X% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for ignition magnetos, magneto-dynamos and magnetic flywheels exports from Luxembourg, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Belgium (X% per year).

Export Prices by Country

The average ignition magneto export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price, however, recorded significant growth. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then dropped markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to the Netherlands ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ignition Magneto Imports

Imports into Luxembourg

In 2022, after two years of growth, there was significant decline in supplies from abroad of ignition magnetos, magneto-dynamos and magnetic flywheels, when their volume decreased by X% to X units. In general, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ignition magneto imports contracted rapidly to $X in 2022. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X units), the Netherlands (X units) and the UK (X units) were the main suppliers of ignition magneto imports to Luxembourg, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X) constituted the largest supplier of ignition magnetos, magneto-dynamos and magnetic flywheels to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

The average ignition magneto import price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price, however, showed a mild expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for Germany ($X per unit) 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 mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :