Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Luxembourg - 2023
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Luxembourg (CIF) - 2022
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Luxembourg (FOB) - 2022
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Luxembourg
- Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Luxembourg
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Luxembourg (CIF) - 2022
In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $2,204 per unit, with an increase of 416% against the previous year. In general, the import price continues to indicate a prominent expansion. Over the period under review, average import prices hit record highs at $2,698 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,789 per unit), while the price for the Netherlands ($217 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Luxembourg (FOB) - 2022
In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $538 per unit, rising by 7.4% against the previous year. Overall, the export price, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 791% against the previous year. Over the period under review, the average export prices hit record highs at $1,416 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($573 per unit), while the average price for exports to Romania ($139 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 Argentina (+66.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Luxembourg
In 2022, supplies from abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs decreased by -28.6% to 75 units, falling for the second year in a row after two years of growth. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 257% against the previous year. As a result, imports reached the peak of 132 units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs surged to $165K in 2022. Over the period under review, imports, however, continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.2 | 15.6 | 20.8 | 139 | 81.6% |
| Belgium | 2.0 | 24.9 | 1.2 | 11.1 | 77.1% |
| United Kingdom | 3.9 | 1.9 | 9.7 | 8.4 | 29.1% |
| United States | 2.2 | 0.5 | 3.5 | 3.6 | 17.8% |
| Netherlands | N/A | 29.8 | 2.5 | 1.7 | -76.1% |
| China | 0.3 | N/A | 3.1 | 0.2 | -12.6% |
| Canada | N/A | 18.4 | 1.0 | N/A | -94.6% |
| Others | 68.1 | 19.7 | 3.0 | 0.8 | -77.3% |
| Total | 99.8 | 111 | 44.9 | 165 | 18.2% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Luxembourg in 2022:
- Germany (50.0 units)
- Netherlands (8.0 units)
- United Kingdom (6.0 units)
- United States (5.0 units)
- Belgium (4.0 units)
- China (1.0 units)
Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Luxembourg
For the fourth year in a row, Luxembourg recorded growth in shipments abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs, which increased by 24% to 78 units in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 950% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs soared to $42K in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,405%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | 11.2 | 16.3 | 45.5% |
| India | N/A | 0.2 | N/A | 11.5 | 658.3% |
| France | N/A | 0.7 | 9.9 | 6.7 | 209.4% |
| Morocco | N/A | N/A | N/A | 0.7 | 0% |
| Switzerland | N/A | 1.1 | 1.4 | 0.5 | -32.6% |
| Romania | N/A | N/A | N/A | 0.3 | 0% |
| United Kingdom | N/A | N/A | 3.9 | N/A | 0% |
| Others | 1.3 | 0.1 | 5.2 | 6.0 | 66.5% |
| Total | 1.3 | 2.1 | 31.5 | 41.9 | 218.2% |
Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Luxembourg in 2022:
- Saudi Arabia (33.0 units)
- India (20.0 units)
- France (13.0 units)
- Morocco (4.0 units)
- Romania (2.0 units)
- Switzerland (1.0 units)
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