Luxembourg: Mustard Seed Market 2024

Mustard Seed Market Size in Luxembourg

After two years of decline, the Luxembourg mustard seed market increased by X% to $X in 2022. In general, consumption recorded tangible growth. Mustard seed consumption peaked in 2022 and is expected to retain growth in the near future.

Mustard Seed Production in Luxembourg

In value terms, mustard seed production stood at $X in 2022 estimated in export price. In general, production showed a sharp reduction. The pace of growth was the most pronounced in 2013 with a decrease of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average yield of mustard seed in Luxembourg stood at less than X kg per ha, approximately mirroring 2021 figures. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of mustard seed production in Luxembourg stood at less than X ha, stabilizing at the previous year. In general, the harvested area recorded a relatively flat trend pattern.

Mustard Seed Exports

Exports from Luxembourg

In 2022, overseas shipments of mustard seed increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports saw a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, mustard seed exports skyrocketed to $X in 2022. Over the period under review, exports saw buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

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, Belgium (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%.

In value terms, the largest markets for mustard seed exported from Luxembourg were Germany ($X) and Belgium ($X).

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average mustard seed export price amounted to $X per ton, waning by X% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price 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. The growth pace was the most rapid in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany stood at $X per ton.

From 2012 to 2022, 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 mixed trend patterns.

Mustard Seed Imports

Imports into Luxembourg

In 2022, after two years of decline, there was significant growth in overseas purchases of mustard seed, when their volume increased by X% to X tons. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, mustard seed imports soared to $X in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of mustard seed imports to Luxembourg, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Austria ($X) constituted the largest mustard seed suppliers to Luxembourg, with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mustard seed import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 France ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :