Luxembourg - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultimeter Price in Luxembourg - 2023
Contents:
- Multimeter Price in Luxembourg (CIF) - 2022
- Multimeter Price in Luxembourg (FOB) - 2022
- Multimeter Imports in Luxembourg
- Multimeter Exports in Luxembourg
Multimeter Price in Luxembourg (CIF) - 2022
In 2022, the average multimeter import price amounted to $44 per unit, with an increase of 54% against the previous year. Over the period under review, the import price, however, continues to indicate a slight slump. The import price peaked at $54 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 the Netherlands ($169 per unit), while the price for Italy ($21 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced a decline.
Multimeter Price in Luxembourg (FOB) - 2022
In 2022, the average multimeter export price amounted to $152 per unit, reducing by -8.1% against the previous year. Overall, the export price, however, recorded strong growth. The growth pace was the most rapid in 2016 an increase of 121% against the previous year. Over the period under review, the average export prices hit record highs at $233 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($743 per unit), while the average price for exports to Israel ($14 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 UK (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.
Multimeter Imports in Luxembourg
In 2022, supplies from abroad of multimeters decreased by -12.7% to 20K units, falling for the second consecutive year after two years of growth. Overall, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of 32K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, multimeter imports surged to $882K in 2022. In general, imports continue to indicate a deep setback. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Multimeter in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.6 | 23.6 | 4.0 | 344 | 144.3% |
| Belgium | 240 | 290 | 163 | 127 | -19.1% |
| Germany | 317 | 139 | 107 | 115 | -28.7% |
| Netherlands | 178 | 34.4 | 4.5 | 85.1 | -21.8% |
| Italy | 36.8 | 57.1 | 74.4 | 54.6 | 14.1% |
| China | 28.0 | 72.0 | 68.4 | 48.4 | 20.0% |
| France | 95.8 | 50.6 | 38.4 | 36.9 | -27.2% |
| Others | 287 | 66.8 | 197 | 70.5 | -37.4% |
| Total | 1,207 | 734 | 657 | 882 | -9.9% |
Top Suppliers of Multimeter to Luxembourg in 2022:
- United States (5.6K units)
- Germany (5.3K units)
- Belgium (2.8K units)
- Italy (2.6K units)
- China (1.4K units)
- France (0.6K units)
- Netherlands (0.5K units)
Multimeter Exports in Luxembourg
In 2022, exports of multimeters from Luxembourg skyrocketed to 1.6K units, growing by 77% on the previous year's figure. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.0% 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.
In value terms, multimeter exports soared to $241K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $349K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Multimeter in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 86.0 | 43.8 | 20.3 | 41.2 | -21.8% |
| Saudi Arabia | 5.2 | 43.2 | 0.8 | 27.5 | 74.2% |
| United Arab Emirates | N/A | N/A | N/A | 24.4 | 0% |
| Belgium | 7.9 | 34.5 | 10.1 | 20.5 | 37.4% |
| Germany | 30.5 | 108 | 7.6 | 20.0 | -13.1% |
| United Kingdom | 27.1 | 1.7 | 12.8 | 18.8 | -11.5% |
| Netherlands | 1.1 | N/A | 0.2 | 12.8 | 126.6% |
| United States | 1.4 | 19.3 | 0.7 | 11.9 | 104.1% |
| Norway | 0.7 | N/A | 1.0 | 9.4 | 137.7% |
| Romania | N/A | N/A | N/A | 6.8 | 0% |
| Israel | N/A | N/A | 3.5 | 0.9 | -74.3% |
| Mexico | 2.3 | N/A | N/A | N/A | 0% |
| Singapore | 14.5 | N/A | N/A | N/A | 0% |
| Others | 61.2 | 98.3 | 91.6 | 47.3 | -8.2% |
| Total | 238 | 349 | 149 | 241 | 0.4% |
Top Export Markets for Multimeter from Luxembourg in 2022:
- France (545.0 units)
- Belgium (268.0 units)
- Romania (215.0 units)
- Netherlands (85.0 units)
- Saudi Arabia (81.0 units)
- Germany (81.0 units)
- Israel (68.0 units)
- United States (54.0 units)
- United Arab Emirates (54.0 units)
- Norway (28.0 units)
- United Kingdom (25.0 units)
This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters
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.
-
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
-
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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