Luxembourg: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in Luxembourg

The Luxembourg buttermilk and buttermilk powder market declined slightly to $X in 2022, waning by X% against the previous year. Overall, consumption showed a pronounced slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Buttermilk And Buttermilk Powder in Luxembourg

In value terms, buttermilk and buttermilk powder production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Buttermilk And Buttermilk Powder

Exports from Luxembourg

For the sixth year in a row, Luxembourg recorded growth in shipments abroad of buttermilk and buttermilk powder, which increased by X% to X tons in 2022. Overall, exports showed a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, buttermilk and buttermilk powder exports expanded slightly to $X in 2022. Over the period under review, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

France (X tons) was the main destination for buttermilk and buttermilk powder exports from Luxembourg, accounting for a X% share of total exports. Moreover, buttermilk and buttermilk powder exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume 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).

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

From 2012 to 2022, the average annual growth rate 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

The average buttermilk and buttermilk powder export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the Netherlands ($X 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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buttermilk And Buttermilk Powder

Imports into Luxembourg

For the third consecutive year, Luxembourg recorded growth in overseas purchases of buttermilk and buttermilk powder, which increased by X% to X tons in 2022. Over the period under review, imports saw a notable expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, buttermilk and buttermilk powder imports stood at $X in 2022. Overall, imports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest buttermilk and buttermilk powder supplier to Luxembourg, accounting for a X% share of total imports. Moreover, buttermilk and buttermilk powder imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

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

From 2012 to 2022, the average annual growth rate of value from Belgium stood at 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 2022, the average buttermilk and buttermilk powder import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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