Price for Homogenised Composite Food Preparations in Luxembourg - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in Luxembourg (CIF) - 2023
2. Price for Homogenised Composite Food Preparations in Luxembourg (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in Luxembourg
4. Exports of Homogenised Composite Food Preparations in Luxembourg

Price for Homogenised Composite Food Preparations in Luxembourg (CIF) - 2023

The average homogenised composite food preparations import price stood at $6,872 per ton in March 2023, increasing by 3.8% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 44% month-to-month. As a result, import price reached the peak level of $9,036 per ton. From May 2022 to March 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the Netherlands ($10,878 per ton), while the price for France ($6,283 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in Luxembourg (FOB) - 2022

In 2022, the average homogenised composite food preparations export price amounted to $15,168 per ton, reducing by -13.3% against the previous year. Overall, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 192%. The export price peaked at $17,485 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($39,547 per ton), while the average price for exports to France ($7,352 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 (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Homogenised Composite Food Preparations in Luxembourg

In 2022, imports of homogenised composite food preparationses into Luxembourg reduced to 207 tons, falling by -9.3% compared with 2021 figures. In general, imports recorded a abrupt slump.

In value terms, homogenised composite food preparations imports declined remarkably to $1.4M in 2022. Overall, imports showed a deep reduction. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year. As a result, imports reached the peak of $2.4M. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Homogenised Composite Food Preparations to Luxembourg in 2022:

1. Belgium (82.8 tons)
2. Germany (64.7 tons)
3. France (48.9 tons)
4. Netherlands (5.6 tons)
5. Portugal (4.0 tons)

Exports of Homogenised Composite Food Preparations in Luxembourg

In 2022, overseas shipments of homogenised composite food preparationses were finally on the rise to reach 5.1 tons after two years of decline. Overall, exports, however, saw a precipitous descent.

In value terms, homogenised composite food preparations exports reduced slightly to $78K in 2022. Over the period under review, exports, however, saw a dramatic shrinkage. The growth pace was the most rapid in 2020 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $469K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Homogenised Composite Food Preparations from Luxembourg in 2022:

1. France (2180.0 kg)
2. Belgium (1208.0 kg)
3. Greece (523.0 kg)
4. Norway (499.0 kg)
5. Germany (386.0 kg)
6. Italy (256.0 kg)