Luxembourg - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSour Cherry Price in Luxembourg - 2023
Contents:
- Sour Cherry Price in Luxembourg (CIF) - 2022
- Sour Cherry Price in Luxembourg (FOB) - 2022
- Sour Cherry Imports in Luxembourg
- Sour Cherry Exports in Luxembourg
Sour Cherry Price in Luxembourg (CIF) - 2022
The average sour cherry import price stood at $4,698 per ton in 2022, which is down by -35% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2016 an increase of 48%. The import price peaked at $7,843 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,941 per ton), while the price for Belgium ($4,606 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.0%), while the prices for the other major suppliers experienced a decline.
Sour Cherry Price in Luxembourg (FOB) - 2022
In 2022, the average sour cherry export price amounted to $2,975 per ton, stabilizing at the previous year. In general, the export price recorded a perceptible decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 124%. Over the period under review, the average export prices hit record highs at $36,000 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to -3.2% per year.
Sour Cherry Imports in Luxembourg
Sour cherry imports into Luxembourg surged to 38 tons in 2022, jumping by 128% on the year before. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 515%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sour cherry imports surged to $176K in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 560% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
Import of Sour Cherry in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 0.6 | 126 | 102 | 159 | 542.3% |
Germany | 15.5 | 11.8 | 13.7 | 10.2 | -13.0% |
France | 4.6 | 5.2 | 3.3 | 7.2 | 16.1% |
Others | 1.1 | N/A | N/A | 0.1 | -55.0% |
Total | 21.7 | 143 | 119 | 176 | 100.9% |
Top Suppliers of Sour Cherry to Luxembourg in 2022:
- Belgium (34.5 tons)
- Germany (2.0 tons)
- France (1.0 tons)
Sour Cherry Exports in Luxembourg
In 2022, sour cherry exports from Luxembourg shrank remarkably to 79 kg, waning by -47.3% against the year before. In general, exports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 3,650%. As a result, the exports reached the peak of 150 kg, and then fell remarkably in the following year.
In value terms, sour cherry exports dropped sharply to $235 in 2022. Overall, exports, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2021 when exports increased by 2,038%. As a result, the exports reached the peak of $449, and then shrank rapidly in the following year.
Export of Sour Cherry in Luxembourg (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 22.0 | 21.0 | 77.0 | 235 | 120.2% |
Germany | N/A | N/A | 372 | N/A | 0% |
Oman | 191 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 213 | 21.0 | 449 | 235 | 3.3% |
Top Export Markets for Sour Cherry from Luxembourg in 2022:
- Belgium (79.0 kg)
This report provides an in-depth analysis of the sour cherry 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 530 - Sour cherries
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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