Luxembourg: Mustard Seed Market 2022

Mustard Seed Market Size in Luxembourg

In 2021, the Luxembourg mustard seed market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, recorded notable growth. Mustard seed consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Mustard Seed Exports

Exports from Luxembourg

In 2021, shipments abroad of mustard seed increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, mustard seed exports surged to $X in 2021. In general, exports recorded a slight expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for mustard seed exports from Luxembourg, accounting for a X% share of total exports. Moreover, mustard seed exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), sixfold.

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

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

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

Export Prices by Country

In 2021, the average mustard seed export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mustard seed export price increased by +X% against 2019 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, 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 more modest paces of growth.

Mustard Seed Imports

Imports into Luxembourg

In 2021, supplies from abroad of mustard seed decreased by -X% to X tons, falling for the second year in a row after four years of growth. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, mustard seed imports shrank to $X in 2021. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2020, and then contracted slightly in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest mustard seed supplier to Luxembourg, accounting for a X% share of total imports. Moreover, mustard seed imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +X%.

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

From 2012 to 2021, the average annual growth rate of value from Germany totaled +X%.

Import Prices by Country

The average mustard seed import price stood at $X per ton in 2021, surging by X% against the previous year. In general, the import price, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-X%).

Source: IndexBox Platform