Luxembourg - Electric Bakery And Biscuit Ovens - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Luxembourg - Electric Bakery And Biscuit Ovens - Market Analysis, Forecast, Size, Trends And Insights

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Price for Industrial, Laboratory or Bakery Oven in Luxembourg - 2021

Contents:

  1. Price for Industrial, Laboratory or Bakery Oven in Luxembourg (CIF) - 2022
  2. Price for Industrial, Laboratory or Bakery Oven in Luxembourg (FOB) - 2022
  3. Imports of Industrial, Laboratory or Bakery Oven in Luxembourg
  4. Exports of Industrial, Laboratory or Bakery Oven in Luxembourg

Price for Industrial, Laboratory or Bakery Oven in Luxembourg (CIF) - 2022

In 2022, the average import price for industrial, laboratory or bakery ovens amounted to $2,000 per unit, rising by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 137%. The import price peaked at $2,795 per unit in 2019; however, from 2020 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 Germany ($10,193 per unit), while the price for Belgium ($1,121 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Industrial, Laboratory or Bakery Oven in Luxembourg (FOB) - 2022

The average export price for industrial, laboratory or bakery ovens stood at $1,382 per unit in 2022, falling by -80.1% against the previous year. Overall, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2021 an increase of 390% against the previous year. The export price peaked at $15,723 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to -2.6% per year.

Imports of Industrial, Laboratory or Bakery Oven in Luxembourg

In 2022, the amount of industrial, laboratory or bakery ovens imported into Luxembourg fell markedly to 208 units, waning by -22.7% on 2021 figures. In general, imports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 105%. As a result, imports attained the peak of 269 units, and then shrank sharply in the following year.

In value terms, industrial, laboratory or bakery oven imports dropped to $416K in 2022. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Over the period under review, imports attained the peak figure at $646K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Industrial, Laboratory or Bakery Oven in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany301157123153-20.2%
Belgium90.129.310585.2-1.8%
Italy15.524.486.169.965.2%
France48.678.768.455.54.5%
United States90.0N/A0.2N/A-95.3%
Others10170.789.252.5-19.6%
Total646360472416-13.6%

Top Suppliers of Industrial, Laboratory or Bakery Oven to Luxembourg in 2022:

  1. Belgium (76.0 units)
  2. France (40.0 units)
  3. Germany (15.0 units)
  4. Italy (9.0 units)

Exports of Industrial, Laboratory or Bakery Oven in Luxembourg

In 2022, exports of industrial, laboratory or bakery ovens from Luxembourg soared to 118 units, jumping by 168% against the previous year. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 193% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, industrial, laboratory or bakery oven exports dropped sharply to $163K in 2022. In general, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 1,338% against the previous year. As a result, the exports reached the peak of $305K, and then dropped notably in the following year.

Export of Industrial, Laboratory or Bakery Oven in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium30.910.110.716374.1%
ColombiaN/AN/A0.2N/A0%
Switzerland179N/A253N/A18.9%
United KingdomN/AN/AN/AN/A0%
France10.0N/A0.9N/A-70.0%
OmanN/A8.111.8N/A45.7%
United StatesN/AN/AN/AN/A0%
OthersN/A3.028.2N/A840.0%
Total22021.2305163-9.5%

Top Export Markets for Industrial, Laboratory or Bakery Oven from Luxembourg in 2022:

  1. Belgium (118.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven 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 28211330 - Electric bakery and biscuit ovens
  • Prodcom 28211351 - Resistance heated industrial or laboratory furnaces and ovens (excluding bakery and biscuit ovens)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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