Luxembourg - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Luxembourg - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights

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Powdered Milk Price in Luxembourg - 2023

Contents:

  1. Powdered Milk Price in Luxembourg (CIF) - 2023
  2. Powdered Milk Price in Luxembourg (FOB) - 2023
  3. Powdered Milk Imports in Luxembourg
  4. Powdered Milk Exports in Luxembourg

Powdered Milk Price in Luxembourg (CIF) - 2023

In July 2023, the average powdered milk import price amounted to $7,672 per ton, stabilizing at the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 61% month-to-month. Over the period under review, average import prices attained the peak figure at $8,394 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($9,988 per ton), while the price for Portugal ($2,061 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 Belgium (+0.3%), while the prices for the other major suppliers experienced a decline.

Powdered Milk Price in Luxembourg (FOB) - 2023

The average powdered milk export price stood at $8,051 per ton in July 2023, which is down by -5.2% against the previous month. Overall, export price indicated a perceptible expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, powdered milk export price decreased by -32.9% against March 2023 indices. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 113% against the previous month. As a result, the export price attained the peak level of $13,469 per ton. From September 2022 to July 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Belgium ($21,281 per ton), while the average price for exports to France stood at $3,490 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.1%).

Powdered Milk Imports in Luxembourg

In 2022, powdered milk imports into Luxembourg reduced to 535 tons, with a decrease of -7.1% against 2021 figures. Over the period under review, imports recorded a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 7.1%.

In value terms, powdered milk imports shrank to $3.1M in 2022. In general, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 6.6% against the previous year.

Import of Powdered Milk in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2,0152,0752,1501,831-3.1%
Italy5743705847067.1%
France537460261256-21.9%
Germany11911322322022.7%
Netherlands26.679.490.373.640.4%
Portugal22.532.031.922.90.6%
Others72.420.319.218.9-36.1%
Total3,3673,1513,3593,128-2.4%

Top Suppliers of Powdered Milk to Luxembourg in 2022:

  1. Belgium (262.9 tons)
  2. Italy (153.0 tons)
  3. France (66.5 tons)
  4. Germany (23.0 tons)
  5. Netherlands (14.9 tons)
  6. Portugal (11.6 tons)

Powdered Milk Exports in Luxembourg

Powdered milk exports from Luxembourg soared to 169 tons in 2022, growing by 31% against the previous year's figure. In general, exports, however, showed a deep contraction.

In value terms, powdered milk exports shrank to $1.5M in 2022. Over the period under review, exports, however, faced a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year.

Export of Powdered Milk in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,2779671,3671,123-4.2%
France15615018633729.3%
Germany3681689.18.7-71.3%
China3480.10.20.3-90.5%
Hong Kong SAR753N/AN/AN/A0%
Others4.90.56.90.1-72.7%
Total2,9071,2851,5691,469-20.3%

Top Export Markets for Powdered Milk from Luxembourg in 2022:

  1. China (undefined tons)
  2. France (102.5 tons)
  3. Belgium (65.5 tons)
  4. Germany (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the powdered milk 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 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow Milk

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Powdered Milk - Luxembourg