Luxembourg - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPeanut Butter Price in Luxembourg - 2023
Contents:
- Peanut Butter Price in Luxembourg (FOB) - 2023
- Peanut Butter Price in Luxembourg (CIF) - 2023
- Peanut Butter Exports in Luxembourg
- Peanut Butter Imports in Luxembourg
Peanut Butter Price in Luxembourg (FOB) - 2023
In July 2023, the average peanut butter export price amounted to $3,770 per ton, picking up by 2.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 9.8% m-o-m. Over the period under review, the average export prices hit record highs in July 2023.
Average prices varied noticeably for the major overseas markets. In July 2023, the country with the highest price was Germany ($3,772 per ton), while the average price for exports to Belgium stood at $3,257 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.9%).
Peanut Butter Price in Luxembourg (CIF) - 2023
In July 2023, the average peanut butter import price amounted to $3,960 per ton, rising by 27% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($5,742 per ton), while the price for Germany ($3,473 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 Italy (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Peanut Butter Exports in Luxembourg
In 2022, shipments abroad of peanut butter and prepared or preserved groundnuts decreased by -4.6% to 8.1K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 5.9%. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, peanut butter exports declined to $25M in 2022. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 6.7% against the previous year. As a result, the exports reached the peak of $32M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Peanut Butter in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.8 | 31.7 | 26.5 | 24.2 | -6.7% |
| Belgium | 0.4 | 0.6 | 0.5 | 0.4 | 0.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 30.4 | 32.4 | 27.0 | 24.7 | -6.7% |
Top Export Markets for Peanut Butter from Luxembourg in 2022:
- Germany (7.9K tons)
- Belgium (0.2K tons)
Peanut Butter Imports in Luxembourg
After two years of decline, supplies from abroad of peanut butter and prepared or preserved groundnuts increased by 43% to 2.1K tons in 2022. Overall, imports, however, continue to indicate a abrupt decrease.
In value terms, peanut butter imports skyrocketed to $6M in 2022. Over the period under review, imports, however, saw a abrupt slump.
| Import of Peanut Butter in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 2.4 | 3.4 | 3.2 | 3.8 | 16.6% |
| Belgium | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
| Germany | 0.5 | 0.7 | 0.6 | 0.5 | 0.0% |
| France | 0.5 | 0.4 | 0.3 | 0.3 | -15.7% |
| United States | 4.8 | 2.0 | 0.1 | 0.1 | -72.5% |
| Others | 0.2 | 0.2 | 0.3 | 0.7 | 51.8% |
| Total | 8.8 | 7.2 | 5.1 | 6.0 | -12.0% |
Top Suppliers of Peanut Butter to Luxembourg in 2022:
- Argentina (1424.3 tons)
- Belgium (199.1 tons)
- Germany (104.6 tons)
- France (59.7 tons)
- United States (11.2 tons)
This report provides an in-depth analysis of the peanut butter 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:
- Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)
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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In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1987
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In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1987
Turkey is one of the leaders in the global nut trade. In 2014, Turkey exported X thousand tons of nuts totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total nut exports in
1161
Thailand dominates in the global trade of prepared or preserved pineapples. In 2014, Thailand exported X thousand tons of prepared or preserved pineapples totaling X million USD, which was X million USD less than the year before. Its primary trad
