Luxembourg - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuxembourg: Market for Toothed wheels, chain sprockets and other transmission elements 2024
Market Size for Toothed wheels, chain sprockets and other transmission elements in Luxembourg
In 2023, the Luxembourg market for toothed wheels, chain sprockets and other transmission elements increased by X% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Production of Toothed wheels, chain sprockets and other transmission elements in Luxembourg
In value terms, production of toothed wheels, chain sprockets and other transmission elements totaled $X in 2023 estimated in export price. Over the period under review, production continues to indicate a buoyant increase. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
Exports of Toothed wheels, chain sprockets and other transmission elements
Exports from Luxembourg
In 2023, shipments abroad of toothed wheels, chain sprockets and other transmission elements decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
In value terms, exports of toothed wheels, chain sprockets and other transmission elements totaled $X in 2023. Overall, total exports indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports of failed to regain momentum.
Exports by Country
France (X tons), Germany (X tons) and Spain (X tons) were the main destinations of exports of toothed wheels, chain sprockets and other transmission elements from Luxembourg, with a combined X% share of total exports. Poland, Italy, the UK, Turkey, the United States, the Czech Republic, Belgium, Hungary and Slovakia lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, France ($X), Germany ($X) and Spain ($X) appeared to be the largest markets for toothed wheels, chain sprockets and other transmission elements exported from Luxembourg worldwide, with a combined X% share of total exports. Poland, Italy, the UK, Turkey, the Czech Republic, the United States, Belgium, Hungary and Slovakia lagged somewhat behind, together accounting for a further X%.
Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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
The average export price for toothed wheels, chain sprockets and other transmission elements stood at $X per ton in 2023, picking up by X% against the previous year. In general, the export price, however, showed a perceptible shrinkage. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2023, amid the top suppliers, the countries with the highest prices were Italy ($X per ton) and Germany ($X per ton), while the average price for exports to Slovakia ($X per ton) and France ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Toothed wheels, chain sprockets and other transmission elements
Imports into Luxembourg
In 2023, after two years of growth, there was significant decline in supplies from abroad of toothed wheels, chain sprockets and other transmission elements, when their volume decreased by X% to X tons. Over the period under review, imports saw a noticeable decrease. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.
In value terms, imports of toothed wheels, chain sprockets and other transmission elements reached $X in 2023. In general, imports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.
Imports by Country
Germany (X tons), Japan (X tons) and Belgium (X tons) were the main suppliers of imports of toothed wheels, chain sprockets and other transmission elements to Luxembourg, with a combined X% share of total imports. China, the UK, the Netherlands and France lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest toothed wheels, chain sprockets and other transmission elements suppliers to Luxembourg were Japan ($X), Germany ($X) and France ($X), with a combined X% share of total imports. Belgium, the UK, the Netherlands and China lagged somewhat behind, together accounting for a further X%.
In terms of the main suppliers, the UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for toothed wheels, chain sprockets and other transmission elements stood at $X per ton in 2023, picking up by X% against the previous year. In general, import price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements 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 28153930 - Parts of bearing housings
- Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints
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
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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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