Price for Cereal Flour; of Maize (Corn) in Luxembourg - 2023
Contents:
- Price for Cereal Flour; of Maize (Corn) in Luxembourg (CIF) - 2022
- Price for Cereal Flour; of Maize (Corn) in Luxembourg (FOB) - 2022
- Imports of Cereal Flour; of Maize (Corn) in Luxembourg
- Exports of Cereal Flour; of Maize (Corn) in Luxembourg
Price for Cereal Flour; of Maize (Corn) in Luxembourg (CIF) - 2022
The average import price for cereal flour; of maize (corn) stood at $1,328 per ton in 2022, growing by 40% against the previous year. Overall, the import price showed a mild expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 93% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,650 per ton), while the price for the Netherlands ($509 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flour; of Maize (Corn) in Luxembourg (FOB) - 2022
The average export price for cereal flour; of maize (corn) stood at $3,659 per ton in 2022, growing by 105% against the previous year. In general, the export price enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 an increase of 449%. Over the period under review, the average export prices reached the maximum at $4,577 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($10,457 per ton), while the average price for exports to Germany ($2,286 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 Germany (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Flour; of Maize (Corn) in Luxembourg
In 2022, purchases abroad of cereal flour; of maize (corn) decreased by -36.2% to 101 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2020 when imports increased by 88%. As a result, imports reached the peak of 689 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereal flour; of maize (corn) imports fell to $135K in 2022. Over the period under review, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 48% against the previous year. As a result, imports attained the peak of $339K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cereal Flour; of Maize (Corn) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 63.2 | 137 | 52.7 | 30.5 | -21.6% |
| Italy | 22.2 | 26.2 | 32.6 | 29.5 | 9.9% |
| France | 35.7 | 36.5 | 31.3 | 27.9 | -7.9% |
| Austria | 3.9 | 11.2 | 12.1 | 11.0 | 41.3% |
| Netherlands | 68.9 | 57.9 | 2.0 | 7.6 | -52.0% |
| Portugal | 11.4 | 5.0 | 5.0 | 4.5 | -26.6% |
| Serbia | N/A | N/A | 0.1 | 4.2 | 4100.0% |
| Others | 24.4 | 65.9 | 15.5 | 19.3 | -7.5% |
| Total | 230 | 339 | 151 | 135 | -16.3% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Luxembourg in 2022:
- Germany (48.8 tons)
- Netherlands (14.9 tons)
- France (10.0 tons)
- Italy (8.1 tons)
- Serbia (5.0 tons)
- Portugal (4.8 tons)
- Austria (3.4 tons)
Exports of Cereal Flour; of Maize (Corn) in Luxembourg
For the fourth year in a row, Luxembourg recorded growth in overseas shipments of cereal flour; of maize (corn), which increased by 14% to 1.4 tons in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 134%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, cereal flour; of maize (corn) exports soared to $5K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereal Flour; of Maize (Corn) in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 11.0 | 324 | 3,085 | 1574.7% |
| Germany | 93.0 | 1,176 | 927 | 679 | 94.0% |
| Belgium | 1,244 | 1,077 | 449 | 485 | -26.9% |
| Azerbaijan | N/A | N/A | N/A | 481 | 0% |
| Austria | 53.0 | 480 | 420 | 243 | 66.1% |
| Others | 56.0 | 241 | 10.0 | N/A | -57.7% |
| Total | 1,446 | 2,985 | 2,130 | 4,973 | 50.9% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Luxembourg in 2022:
- France (869.0 kg)
- Germany (297.0 kg)
- Belgium (93.0 kg)
- Austria (54.0 kg)
- Azerbaijan (46.0 kg)
584
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This report provides an in-depth analysis of the global cereal flour market.
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This report provides an in-depth analysis of the global non-wheat flour market.
584
This report provides an in-depth analysis of the cereal flour market in Luxembourg.
444
This report provides an in-depth analysis of the non-wheat flour market in Luxembourg.
2543
This report provides an in-depth analysis of the global cereal flour market.
765
This report provides an in-depth analysis of the global non-wheat flour market.
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