Flakes; of Potatoes Price in Luxembourg - 2023

Flakes; of Potatoes Price in Luxembourg (CIF) - 2022

In 2022, the average flakes; of potatoes import price amounted to $2,286 per ton, shrinking by -9.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 100% against the previous year. The import price peaked at $4,774 per ton in 2014; however, from 2015 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 Germany ($17,480 per ton), while the price for Belgium ($2,116 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.9%), while the prices for the other major suppliers experienced a decline.

Flakes; of Potatoes Price in Luxembourg (FOB) - 2022

In 2022, the average flakes; of potatoes export price amounted to $26,104 per ton, reducing by -2.6% against the previous year. Overall, the export price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 194% against the previous year. Over the period under review, the average export prices hit record highs at $26,788 per ton in 2021, and then reduced slightly in the following year.

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 +15.0% per year.

Flakes; of Potatoes Imports in Luxembourg

In 2022, imports of flakes; of potatoeses into Luxembourg skyrocketed to 72 tons, jumping by 169% on 2021. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flakes; of potatoes imports skyrocketed to $164K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Flakes; of Potatoes in Luxembourg (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	55.8	41.3	47.6	144	37.2%
France	12.2	10.5	13.3	12.6	1.1%
Others	4.0	4.2	6.1	7.2	21.6%
Total	72.0	56.0	67.0	164	31.6%

Top Suppliers of Flakes; of Potatoes to Luxembourg in 2022:

Belgium (67.9 tons)
France (3.2 tons)

Flakes; of Potatoes Exports in Luxembourg

In 2022, the amount of flakes; of potatoeses exported from Luxembourg reduced to 48 kg, dropping by -7.7% against 2021 figures. In general, exports continue to indicate a precipitous setback.

In value terms, flakes; of potatoes exports reduced to $1.3K in 2022. Over the period under review, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 8.2%.