Luxembourg - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Vegetable Price in Luxembourg - 2023
Contents:
- Dry Vegetable Price in Luxembourg (CIF) - 2023
- Dry Vegetable Price in Luxembourg (FOB) - 2022
- Dry Vegetable Imports in Luxembourg
- Dry Vegetable Exports in Luxembourg
Dry Vegetable Price in Luxembourg (CIF) - 2023
The average dry vegetable import price stood at $4,706 per ton in July 2023, which is down by -4.7% against the previous month. In general, the import price continues to indicate a slight slump. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 104% month-to-month. As a result, import price reached the peak level of $9,702 per ton. From February 2023 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Portugal ($9,570 per ton), while the price for the Netherlands ($3,432 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Portugal (+2.9%), while the prices for the other major suppliers experienced a decline.
Dry Vegetable Price in Luxembourg (FOB) - 2022
In 2022, the average dry vegetable export price amounted to $2,540 per ton, increasing by 13% against the previous year. In general, the export price, however, recorded a perceptible decrease. The growth pace was the most rapid in 2020 an increase of 29%. Over the period under review, the average export prices attained the peak figure at $3,295 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($8,924 per ton), while the average price for exports to Belgium ($1,630 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.0%), while the prices for the other major destinations experienced a decline.
Dry Vegetable Imports in Luxembourg
After three years of growth, overseas purchases of dry vegetables decreased by -6.9% to 359 tons in 2022. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 9.3% against the previous year. As a result, imports reached the peak of 386 tons, and then contracted in the following year.
In value terms, dry vegetable imports fell slightly to $1.7M in 2022. The total import value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year.
| Import of Dry Vegetable in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 251 | 389 | 439 | 409 | 17.7% |
| Thailand | 86.8 | 257 | 250 | 279 | 47.6% |
| France | 188 | 211 | 228 | 198 | 1.7% |
| Netherlands | 184 | 144 | 112 | 149 | -6.8% |
| Germany | 186 | 184 | 206 | 148 | -7.3% |
| China | 258 | 92.4 | 158 | 122 | -22.1% |
| Italy | 64.9 | 88.0 | 100 | 91.1 | 12.0% |
| Others | 190 | 241 | 244 | 255 | 10.3% |
| Total | 1,409 | 1,606 | 1,736 | 1,652 | 5.4% |
Top Suppliers of Dry Vegetable to Luxembourg in 2022:
- Italy (90.8 tons)
- Thailand (58.8 tons)
- Belgium (50.3 tons)
- France (39.1 tons)
- Netherlands (28.7 tons)
- Germany (27.2 tons)
- China (18.2 tons)
Dry Vegetable Exports in Luxembourg
In 2022, exports of dry vegetables from Luxembourg dropped to 41 tons, declining by -11.8% against the year before. Over the period under review, exports continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, the exports attained the peak of 46 tons, and then shrank in the following year.
In value terms, dry vegetable exports shrank to $103K in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. As a result, the exports attained the peak of $103K, leveling off in the following year.
| Export of Dry Vegetable in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 53.2 | 43.2 | 63.7 | 45.3 | -5.2% |
| France | 34.5 | 23.0 | 23.9 | 41.1 | 6.0% |
| Azerbaijan | 0.9 | 0.7 | 6.2 | 8.5 | 111.4% |
| Germany | 7.2 | 6.7 | 8.2 | 7.5 | 1.4% |
| Others | 3.7 | 5.7 | 1.3 | 0.5 | -48.7% |
| Total | 99.5 | 79.4 | 103 | 103 | 1.2% |
Top Export Markets for Dry Vegetable from Luxembourg in 2022:
- Belgium (27.8 tons)
- France (10.5 tons)
- Germany (1.2 tons)
- Azerbaijan (1.0 tons)
This report provides an in-depth analysis of the dry vegetable market 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:
- FCL 469 - Vegetables, Dehydrated
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
-
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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