Luxembourg: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in Luxembourg

The Luxembourg feedstuff preparing machinery market reached $X in 2022, almost unchanged from the previous year. Over the period under review, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Feedstuff Preparing Machinery Production in Luxembourg

In value terms, feedstuff preparing machinery production totaled $X in 2022 estimated in export price. In general, production saw a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Feedstuff Preparing Machinery Exports

Exports from Luxembourg

In 2022, overseas shipments of machinery for preparing animal feedstuffs were finally on the rise to reach X units after two years of decline. In general, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, feedstuff preparing machinery exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X units), Germany (X units) and Austria (X units) were the main destinations of feedstuff preparing machinery exports from Luxembourg, together accounting for X% of total exports. Lithuania, Switzerland and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the key foreign market for machinery for preparing animal feedstuffs exports from Luxembourg, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

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

Export Prices by Country

In 2022, the average feedstuff preparing machinery export price amounted to $X per unit, declining by X% against the previous year. In general, the export price, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Lithuania ($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 Austria (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 fell sharply to X units in 2022, which is down by X% against 2021 figures. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, feedstuff preparing machinery imports dropped dramatically to $X in 2022. Overall, imports, however, enjoyed a moderate expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest feedstuff preparing machinery supplier to Luxembourg, with a X% share of total imports. Moreover, feedstuff preparing machinery imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of machinery for preparing animal feedstuffs to Luxembourg, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at 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 feedstuff preparing machinery import price stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :