Price for Book-Binding Machinery; Including Book-Sewing Machines in Luxembourg - 2023

Contents:

1. Price for Book-Binding Machinery; Including Book-Sewing Machines in Luxembourg (CIF) - 2022
2. Price for Book-Binding Machinery; Including Book-Sewing Machines in Luxembourg (FOB) - 2022
3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in Luxembourg
4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in Luxembourg

Price for Book-Binding Machinery; Including Book-Sewing Machines in Luxembourg (CIF) - 2022

The average import price for book-binding machinery; including book-sewing machineses stood at $589 per unit in 2022, increasing by 40% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 54%. Over the period under review, average import prices hit record highs at $747 per unit in 2013; however, from 2014 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 ($1,070 per unit), while the price for Switzerland ($258 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+195.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Book-Binding Machinery; Including Book-Sewing Machines in Luxembourg (FOB) - 2022

In 2022, the average export price for book-binding machinery; including book-sewing machineses amounted to $618 per unit, with a decrease of -4% against the previous year. Overall, the export price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 261% against the previous year. As a result, the export price reached the peak level of $1,864 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($1,263 per unit), while the average price for exports to France ($597 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 Netherlands (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in Luxembourg

After three years of growth, purchases abroad of book-binding machinery; including book-sewing machineses decreased by -35.3% to 1.4K units in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of 2.1K units, and then contracted remarkably in the following year.

In value terms, book-binding machinery; including book-sewing machines imports shrank to $800K in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 34%. As a result, imports reached the peak of $885K, and then shrank in the following year.

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Luxembourg in 2022:

1. Germany (654.0 units)
2. Belgium (349.0 units)
3. France (146.0 units)
4. Netherlands (100.0 units)
5. Latvia (36.0 units)
6. China (21.0 units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in Luxembourg

In 2022, the amount of book-binding machinery; including book-sewing machineses exported from Luxembourg surged to 282 units, jumping by 44% on the year before. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 460% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, book-binding machinery; including book-sewing machines exports skyrocketed to $174K in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 435%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Luxembourg in 2022:

1. France (261.0 units)
2. Germany (15.0 units)
3. Belgium (7.0 units)

Source: IndexBox Market Intelligence Platform