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Luxembourg - Electric Water Heaters And Immersion Heaters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Water Heater Price in Luxembourg - 2023
Contents:
- Electric Water Heater Price in Luxembourg (CIF) - 2023
- Electric Water Heater Price in Luxembourg (FOB) - 2022
- Electric Water Heater Imports in Luxembourg
- Electric Water Heater Exports in Luxembourg
Electric Water Heater Price in Luxembourg (CIF) - 2023
In August 2023, the average electric water heater import price amounted to $91.8 per unit, picking up by 3.7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 19% m-o-m. As a result, import price reached the peak level of $101 per unit. From May 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were Poland ($94.2 per unit) and Germany ($93.2 per unit), while the price for the Netherlands ($69.2 per unit) and Belgium ($72.3 per unit) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Water Heater Price in Luxembourg (FOB) - 2022
In 2022, the average electric water heater export price amounted to $105 per unit, shrinking by -2.1% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric water heater export price decreased by -22.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 71% against the previous year. Over the period under review, the average export prices attained the peak figure at $134 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($302 per unit), while the average price for exports to Belgium ($52 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 the Netherlands (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Water Heater Imports in Luxembourg
Electric water heater imports into Luxembourg fell dramatically to 37K units in 2022, waning by -16.4% against the year before. In general, imports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 7.3%. Imports peaked at 50K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electric water heater imports shrank sharply to $3.2M in 2022. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of $4.2M, and then fell sharply in the following year.
Import of Electric Water Heater in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2,652 | 2,623 | 2,987 | 2,043 | -8.3% |
Belgium | 467 | 696 | 784 | 613 | 9.5% |
France | 135 | 195 | 208 | 228 | 19.1% |
Netherlands | 26.2 | 70.9 | 78.7 | 98.8 | 55.7% |
Poland | 33.0 | 39.7 | 52.2 | 41.8 | 8.2% |
United Kingdom | 7.5 | 9.6 | 17.3 | 30.1 | 58.9% |
China | 116 | 0.7 | 0.1 | 1.9 | -74.6% |
Others | 272 | 48.0 | 88.7 | 103 | -27.7% |
Total | 3,709 | 3,682 | 4,216 | 3,160 | -5.2% |
Top Suppliers of Electric Water Heater to Luxembourg in 2022:
- China (undefinedK units)
- Germany (14.9K units)
- Belgium (8.7K units)
- Netherlands (7.1K units)
- France (3.9K units)
- United Kingdom (1.1K units)
- Poland (0.9K units)
Electric Water Heater Exports in Luxembourg
In 2022, overseas shipments of electric water heaters and immersion heaters decreased by -46.7% to 1.7K units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, the exports attained the peak of 3.5K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, electric water heater exports declined dramatically to $178K in 2022. In general, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $470K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Electric Water Heater in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 215 | 303 | 213 | 84.7 | -26.7% |
Germany | 7.7 | 68.5 | 52.7 | 35.7 | 66.7% |
Belgium | 44.6 | 63.8 | 55.8 | 27.3 | -15.1% |
South Africa | N/A | N/A | N/A | 9.1 | 0% |
Netherlands | 0.1 | 1.2 | 4.2 | 2.9 | 207.2% |
Oman | 58.7 | N/A | N/A | N/A | 0% |
Others | 16.0 | 33.8 | 15.1 | 17.9 | 3.8% |
Total | 343 | 470 | 340 | 178 | -19.6% |
Top Export Markets for Electric Water Heater from Luxembourg in 2022:
- France (693.0 units)
- Belgium (529.0 units)
- Germany (315.0 units)
- Netherlands (50.0 units)
- South Africa (30.0 units)
This report provides an in-depth analysis of the electric water heater 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 27512530 - Electric instantaneous water heaters
- Prodcom 27512550 -
- Prodcom 27512570 -
- Prodcom 27512560 - Electric water heaters and immersion heaters (excluding instantaneous water heaters)
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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