Clementines Price in Luxembourg - 2023
Contents:
- Clementines Price in Luxembourg (CIF) - 2023
- Clementines Price in Luxembourg (FOB) - 2022
- Clementines Imports in Luxembourg
- Clementines Exports in Luxembourg
Clementines Price in Luxembourg (CIF) - 2023
The average clementines import price stood at $2,663 per ton in June 2023, with a decrease of -5.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 15% m-o-m. Over the period under review, average import prices reached the peak figure at $2,826 per ton in May 2023, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,507 per ton), while the price for Belgium ($2,030 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Clementines Price in Luxembourg (FOB) - 2022
In 2022, the average clementines export price amounted to $2,764 per ton, shrinking by -7.4% against the previous year. Over the last five years, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 11%. As a result, the export price attained the peak level of $2,986 per ton, and then shrank in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3,158 per ton), while the average price for exports to France ($2,666 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.
Clementines Imports in Luxembourg
In 2022, purchases abroad of fruit, edible decreased by -14.2% to 2.5K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a slight shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. As a result, imports attained the peak of 2.9K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, clementines imports fell dramatically to $4.7M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 24%.
| Import of Clementines in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.2 | 1.3 | 1.5 | 2.9 | 34.2% |
| Belgium | 2.4 | 2.5 | 2.3 | 1.0 | -25.3% |
| France | 0.9 | 1.8 | 1.6 | 0.3 | -30.7% |
| Portugal | N/A | N/A | N/A | 0.2 | 0% |
| Israel | N/A | N/A | N/A | 0.1 | 0% |
| South Africa | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.1 | 0.1 | 0.4 | 0.1 | 0.0% |
| Total | 4.6 | 5.7 | 5.9 | 4.7 | 0.7% |
Top Suppliers of Clementines to Luxembourg in 2022:
- Spain (1559.4 tons)
- Belgium (531.0 tons)
- Portugal (151.5 tons)
- France (90.8 tons)
- Israel (64.9 tons)
- South Africa (38.7 tons)
Clementines Exports in Luxembourg
In 2022, overseas shipments of fruit, edible decreased by -21.1% to 163 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a mild contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 15%.
In value terms, clementines exports dropped markedly to $452K in 2022. In general, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 26%.
| Export of Clementines in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 412 | 448 | 516 | 287 | -11.4% |
| Germany | N/A | N/A | 37.3 | 130 | 248.5% |
| Belgium | N/A | 38.5 | 34.0 | 34.7 | -5.1% |
| Italy | N/A | 34.3 | 27.5 | N/A | -19.8% |
| Others | 1.3 | 1.4 | 3.7 | 0.7 | -18.6% |
| Total | 413 | 522 | 619 | 452 | 3.1% |
Top Export Markets for Clementines from Luxembourg in 2022:
- France (107.5 tons)
- Germany (44.7 tons)
- Belgium (11.0 tons)
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