Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Luxembourg - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Luxembourg (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Luxembourg (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Luxembourg
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Luxembourg
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Luxembourg (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $60 per thousand units in 2022, shrinking by -6.1% against the previous year. Over the period under review, the import price recorded a pronounced setback. The growth pace was the most rapid in 2014 an increase of 24%. As a result, import price attained the peak level of $94 per thousand units. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($208 per thousand units), while the price for Belgium ($41 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.9%), while the prices for the other major suppliers experienced a decline.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Luxembourg (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.2 per unit in 2022, surging by 64% against the previous year. Overall, the export price enjoyed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($1.2 per unit), while the average price for exports to Belgium (less than $0.1 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 Slovakia (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Luxembourg
In 2022, approx. 421M units of electrical circuit prefabricated elements, connectors, contact elements and other equipment were imported into Luxembourg; approximately mirroring the previous year. Over the period under review, imports recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. Imports peaked at 462M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment declined to $25M in 2022. In general, imports recorded a slight setback. The growth pace was the most rapid in 2021 when imports increased by 46%. As a result, imports reached the peak of $27M, and then reduced in the following year.
Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 12.5 | 9.1 | 11.8 | 10.1 | -6.9% |
Belgium | 3.5 | 3.5 | 6.3 | 5.0 | 12.6% |
France | 3.7 | 2.2 | 3.7 | 4.2 | 4.3% |
Japan | 2.0 | 0.6 | 1.5 | 1.8 | -3.5% |
Netherlands | 0.9 | 0.4 | 0.5 | 0.9 | 0.0% |
Poland | 0.8 | 0.6 | 0.9 | 0.5 | -14.5% |
Austria | 0.2 | 0.2 | 0.5 | 0.5 | 35.7% |
Others | 3.1 | 2.1 | 2.0 | 2.4 | -8.2% |
Total | 26.6 | 18.6 | 27.2 | 25.4 | -1.5% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Luxembourg in 2022:
- Germany (192.8M units)
- Belgium (122.6M units)
- France (50.8M units)
- Netherlands (16.5M units)
- Austria (10.5M units)
- Japan (8.5M units)
- Poland (6.8M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Luxembourg
For the third consecutive year, Luxembourg recorded decline in shipments abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment, which decreased by -5.3% to 27M units in 2022. Over the period under review, exports saw a abrupt slump. Over the period under review, the exports of reached the peak figure at 46M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment skyrocketed to $5.7M in 2022. In general, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 107 | 75.5 | 133 | 2,277 | 177.1% |
Germany | 1,340 | 437 | 454 | 527 | -26.7% |
France | 504 | 659 | 493 | 381 | -8.9% |
Belgium | 1,155 | 854 | 522 | 279 | -37.7% |
Italy | 157 | 102 | 240 | 209 | 10.0% |
United States | 34.1 | 40.7 | 85.9 | 115 | 50.0% |
Spain | 106 | 57.1 | 49.9 | 85.2 | -7.0% |
Netherlands | 20.0 | 70.8 | 51.0 | 76.6 | 56.5% |
Turkey | 744 | 164 | 36.5 | 70.1 | -54.5% |
Others | 1,229 | 1,296 | 1,614 | 1,711 | 11.7% |
Total | 5,397 | 3,756 | 3,681 | 5,732 | 2.0% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Luxembourg in 2022:
- Switzerland (6.5M units)
- Belgium (5.8M units)
- Germany (5.4M units)
- France (3.1M units)
- United States (0.9M units)
- Netherlands (0.5M units)
- Italy (0.5M units)
- Spain (0.4M units)
- Turkey (0.1M units)
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