Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Luxembourg - 2023

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Luxembourg (FOB) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Luxembourg (CIF) - 2022
3. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Luxembourg
4. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Luxembourg

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Luxembourg (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $2,505 per unit in 2022, reducing by -18.8% against the previous year. In general, the export price, however, continues to indicate a modest increase. The pace of growth appeared the most rapid in 2021 when the average export price decreased by -16.1%. Over the period under review, the average export prices attained the maximum at $3,678 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($2,664 per unit), while the average price for exports to Belgium amounted to $2,271 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+208.1%).

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Luxembourg (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $2,135 per unit in 2022, increasing by 7.3% against the previous year. In general, the import price recorded a strong increase. The pace of growth appeared the most rapid in 2018 an increase of 1,355% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 France ($4,187 per unit), while the price for Belgium ($715 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+48.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Luxembourg

For the third consecutive year, Luxembourg recorded growth in overseas shipments of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, which increased by 17% to 74 units in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 600%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses shrank modestly to $185K in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 487% against the previous year. As a result, the exports reached the peak of $194K, and then declined slightly in the following year.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Luxembourg in 2022:

1. France (44.0 units)
2. Belgium (30.0 units)

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Luxembourg

In 2022, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses into Luxembourg skyrocketed to 73 units, picking up by 109% on the previous year's figure. In general, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 192% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses surged to $156K in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 457% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Luxembourg in 2022:

1. Italy (40.0 units)
2. Belgium (28.0 units)
3. Netherlands (3.0 units)

Source: IndexBox Market Intelligence Platform