Luxembourg: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in Luxembourg

The Luxembourg feedstuff preparing machinery market surged to $X in 2023, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Feedstuff Preparing Machinery Exports

Exports from Luxembourg

In 2023, the amount of machinery for preparing animal feedstuffs exported from Luxembourg reduced markedly to X units, waning by X% on 2022 figures. In general, exports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2022 with an increase of X%. The exports peaked at X units in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, feedstuff preparing machinery exports contracted notably to $X in 2023. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units), Belgium (X units) and France (X units) were the main destinations of feedstuff preparing machinery exports from Luxembourg, together comprising X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for feedstuff preparing machinery exported from Luxembourg were Belgium ($X), Germany ($X) and France ($X), together accounting for X% of total exports.

Among the main countries of destination, Belgium, 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 mixed trend patterns.

Export Prices by Country

In 2023, the average feedstuff preparing machinery export price amounted to $X per unit, rising by X% against the previous year. Overall, the export price recorded a temperate increase. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2023, 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.

Feedstuff Preparing Machinery Imports

Imports into Luxembourg

Feedstuff preparing machinery imports into Luxembourg soared to X units in 2023, picking up by X% on 2022 figures. In general, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, feedstuff preparing machinery imports soared to $X in 2023. Overall, imports recorded a strong expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

Germany (X units), France (X units) and the Netherlands (X units) were the main suppliers of feedstuff preparing machinery imports to Luxembourg, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the largest feedstuff preparing machinery suppliers to Luxembourg, together accounting for X% of total imports.

Among the main suppliers, France, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average feedstuff preparing machinery import price stood at $X per unit in 2023, surging by X% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, feedstuff preparing machinery import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2021 to 2023, the average import prices remained at a lower figure.

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 the Netherlands ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2023, 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