Luxembourg: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Luxembourg

After two years of growth, the Luxembourg non-combined refrigerator-freezer market decreased by X% to $X in 2022. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Non-combined refrigerator-freezer consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Non-Combined Refrigerator-Freezer Exports

Exports from Luxembourg

In 2022, overseas shipments of household refrigerators and freezers (not combined) increased by X% to X units, rising for the fourth consecutive year after two years of decline. In general, exports recorded a strong expansion. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, non-combined refrigerator-freezer exports rose remarkably to $X in 2022. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X units), Germany (X units) and France (X units) were the main destinations of non-combined refrigerator-freezer exports from Luxembourg, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-combined refrigerator-freezer exported from Luxembourg were Germany ($X), Belgium ($X) and France ($X), with a combined X% share of total exports.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-combined refrigerator-freezer export price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Belgium ($X 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 Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Combined Refrigerator-Freezer Imports

Imports into Luxembourg

In 2022, purchases abroad of household refrigerators and freezers (not combined) increased by X% to X units, rising for the fourth year in a row after two years of decline. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, non-combined refrigerator-freezer imports expanded slightly to $X in 2022. Overall, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), the Netherlands (X units) and Belgium (X units) were the main suppliers of non-combined refrigerator-freezer imports to Luxembourg, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to Luxembourg, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and France (X% per year).

Import Prices by Country

The average non-combined refrigerator-freezer import price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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