Price for Insects; Live, Other than Bees in Luxembourg - 2023

Contents:

1. Price for Insects; Live, Other than Bees in Luxembourg (CIF) - 2022
2. Imports of Insects; Live, Other than Bees in Luxembourg

Price for Insects; Live, Other than Bees in Luxembourg (CIF) - 2022

In 2022, the average import price for insects; live, other than beeses amounted to less than $0.1 per thousand units, falling by -7.3% against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 400%. As a result, import price reached the peak level of $0.1 per thousand units. From 2017 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands (less than $0.1 per thousand units), while the price for France (less than $0.1 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+28.5%), while the prices for the other major suppliers experienced a decline.

Imports of Insects; Live, Other than Bees in Luxembourg

For the fourth year in a row, Luxembourg recorded growth in supplies from abroad of insects; live, other than beeses, which increased by 181% to 11B units in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, insects; live, other than bees imports skyrocketed to $46K in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Insects; Live, Other than Bees to Luxembourg in 2022:

1. Germany (6.9B units)
2. Netherlands (3.5B units)
3. France (0.5B units)

Source: IndexBox Market Intelligence Platform