Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Luxembourg - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Luxembourg (CIF) - 2023
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Luxembourg (FOB) - 2023
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Luxembourg
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Luxembourg
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Luxembourg (CIF) - 2023
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $1,706 per ton in November 2023, shrinking by -22% against the previous month. Over the period under review, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 14% month-to-month. The import price peaked at $6,497 per ton in July 2023; however, from August 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($6,528 per ton), while the price for Belgium ($1,101 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Luxembourg (FOB) - 2023
In November 2023, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $17,080 per ton, with an increase of 113% against the previous month. Overall, the export price saw a slight increase. Over the period under review, the average export prices attained the maximum at $26,071 per ton in May 2023; however, from June 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Spain ($26,574 per ton), while the average price for exports to Germany ($14,513 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Luxembourg
In 2022, purchases abroad of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -3% to 1.4K tons, falling for the second year in a row after two years of growth. In general, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2020 with an increase of 0.4% against the previous year. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses dropped notably to $6.8M in 2022. Overall, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 when imports increased by 9.8% against the previous year. As a result, imports attained the peak of $8.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.7 | 5.1 | 4.8 | 3.9 | 1.8% |
| France | 1.8 | 1.5 | 1.4 | 1.3 | -10.3% |
| Germany | 1.2 | 1.2 | 1.4 | 1.1 | -2.9% |
| Netherlands | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Italy | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Portugal | 0.3 | 0.3 | 0.1 | 0.1 | -30.7% |
| Others | 0.7 | 0.3 | 0.2 | 0.1 | -47.7% |
| Total | 7.9 | 8.7 | 8.1 | 6.8 | -4.9% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Luxembourg in 2022:
- Belgium (844.7 tons)
- France (274.8 tons)
- Germany (215.4 tons)
- Netherlands (28.7 tons)
- Italy (27.2 tons)
- Portugal (17.3 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Luxembourg
In 2022, approx. 90 tons of soups and broths and preparations therefor; homogenised composite food preparationses were exported from Luxembourg; picking up by 8.4% on the previous year. Overall, exports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 10%. As a result, the exports attained the peak of 141 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses shrank remarkably to $1.2M in 2022. In general, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. As a result, the exports attained the peak of $2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 741 | 848 | 453 | 450 | -15.3% |
| Belgium | 329 | 274 | 515 | 282 | -5.0% |
| Austria | 111 | 80.7 | 113 | 88.2 | -7.4% |
| Spain | 84.2 | 124 | 114 | 83.9 | -0.1% |
| Greece | 43.0 | 56.8 | 65.0 | 69.7 | 17.5% |
| Kazakhstan | 42.3 | 335 | 45.5 | 39.2 | -2.5% |
| Germany | 32.3 | 36.7 | 20.6 | 32.8 | 0.5% |
| Others | 214 | 214 | 170 | 148 | -11.6% |
| Total | 1,597 | 1,969 | 1,496 | 1,193 | -9.3% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Luxembourg in 2022:
- France (37.5 tons)
- Belgium (34.5 tons)
- Germany (4.0 tons)
- Kazakhstan (3.0 tons)
- Spain (2.3 tons)
- Austria (2.2 tons)
- Greece (1.9 tons)
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985
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
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Germany continued its dominance in the global trade of homogenized composite food preparations. In 2014, Germany exported X thousand tons of homogenized composite food preparations totaling X million USD, X% under the previous year. Its primary tra
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