Luxembourg - Brakes And Servo-Brakes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrakes and Servo-Brakes Price in Luxembourg - 2023
Contents:
- Brakes and Servo-Brakes Price in Luxembourg (CIF) - 2023
- Brakes and Servo-Brakes Price in Luxembourg (FOB) - 2023
- Brakes and Servo-Brakes Imports in Luxembourg
- Brakes and Servo-Brakes Exports in Luxembourg
Brakes and Servo-Brakes Price in Luxembourg (CIF) - 2023
In August 2023, the average brakes and servo-brakes import price amounted to $12,459 per ton, waning by -12.9% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 200% m-o-m. Over the period under review, average import prices reached the peak figure at $14,899 per ton in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($25,525 per ton), while the price for China ($1,788 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Brakes and Servo-Brakes Price in Luxembourg (FOB) - 2023
The average brakes and servo-brakes export price stood at $13,674 per ton in July 2023, with an increase of 9.6% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 20% month-to-month. The export price peaked at $14,342 per ton in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Germany ($39,436 per ton), while the average price for exports to Belgium ($10,756 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.
Brakes and Servo-Brakes Imports in Luxembourg
In 2022, purchases abroad of brakes and servo-brakes decreased by -20.4% to 1.6K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, imports attained the peak of 5.8K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, brakes and servo-brakes imports declined to $19M in 2022. Over the period under review, imports recorded a sharp slump. The pace of growth was the most pronounced in 2020 when imports increased by 56%. As a result, imports attained the peak of $66M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Brakes and Servo-Brakes in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 14.4 | 20.9 | 10.8 | 10.0 | -11.4% |
Belgium | 8.3 | 12.7 | 4.3 | 3.6 | -24.3% |
France | 10.5 | 22.2 | 2.9 | 2.6 | -37.2% |
Italy | 1.5 | 3.0 | 0.8 | 0.8 | -18.9% |
Turkey | N/A | N/A | N/A | 0.3 | 0% |
Netherlands | 0.8 | 1.2 | 0.2 | 0.3 | -27.9% |
Poland | 0.1 | 0.9 | 0.2 | 0.3 | 44.2% |
Japan | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Spain | 1.6 | 2.3 | 0.1 | N/A | -75.0% |
Austria | 3.1 | 1.5 | 0.2 | N/A | -74.6% |
Others | 2.2 | 1.7 | 1.7 | 1.3 | -16.1% |
Total | 42.6 | 66.5 | 21.3 | 19.3 | -23.2% |
Top Suppliers of Brakes and Servo-Brakes to Luxembourg in 2022:
- Germany (684.2 tons)
- Belgium (311.6 tons)
- France (218.5 tons)
- Italy (147.4 tons)
- Japan (60.1 tons)
- Poland (36.7 tons)
- Turkey (29.5 tons)
- Netherlands (20.0 tons)
- Spain (1.9 tons)
- Austria (0.1 tons)
Brakes and Servo-Brakes Exports in Luxembourg
In 2022, approx. 283 tons of brakes and servo-brakes were exported from Luxembourg; growing by 25% compared with the previous year's figure. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, brakes and servo-brakes exports rose rapidly to $3.6M in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
Export of Brakes and Servo-Brakes in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 848 | 956 | 1,643 | 2,137 | 36.1% |
France | 692 | 644 | 944 | 925 | 10.2% |
Germany | 212 | 114 | 161 | 323 | 15.1% |
Netherlands | 46.7 | 87.5 | 62.2 | 136 | 42.8% |
Others | 80.2 | 132 | 363 | 54.1 | -12.3% |
Total | 1,879 | 1,934 | 3,173 | 3,575 | 23.9% |
Top Export Markets for Brakes and Servo-Brakes from Luxembourg in 2022:
- Belgium (189.4 tons)
- France (56.5 tons)
- Germany (20.0 tons)
- Netherlands (14.9 tons)
This report provides an in-depth analysis of the brakes and servo-brakes 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 29323020 - Brakes and servo-brakes and their parts (excluding unmounted linings or pads)
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
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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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