Luxembourg: Coconut Market 2022

Coconut Market Size in Luxembourg

The Luxembourg coconut market expanded rapidly to $X in 2021, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a significant increase. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Coconut Exports

Exports from Luxembourg

After two years of growth, overseas shipments of coconuts decreased by -X% to X tons in 2021. Over the period under review, exports faced a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, coconut exports dropped to $X in 2021. Overall, exports saw a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), Germany (X tons) and Belgium (X kg) were the main destinations of coconut exports from Luxembourg, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of -X%), while shipments for the other leaders experienced a decline.

In value terms, France ($X) remains the key foreign market for coconut exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Belgium (-X% per year).

Export Prices by Country

In 2021, the average coconut export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+X%), while the prices for the other major destinations experienced a decline.

Coconut Imports

Imports into Luxembourg

For the third consecutive year, Luxembourg recorded decline in purchases abroad of coconuts, which decreased by -X% to X tons in 2021. In general, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, coconut imports amounted to $X in 2021. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and France (X tons) were the main suppliers of coconut imports to Luxembourg, together comprising X% of total imports. These countries were followed by Germany, which accounted for a further X 2012 to 2021, the biggest increases were in Germany (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of coconut to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2021, the average coconut import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2017; afterwards, it flattened through to 2021.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform