Luxembourg: Poultry Market 2024

Poultry Market Size in Luxembourg

The Luxembourg poultry market rose slightly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Poultry consumption peaked in 2022 and is likely to continue growth in the immediate term.

Poultry Production in Luxembourg

In value terms, poultry production contracted to $X in 2022 estimated in export price. Overall, the total production indicated a strong expansion 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 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

In 2022, the average poultry yield in Luxembourg amounted to X kg per head, therefore, remained relatively stable against the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. The poultry yield peaked in 2022 and is expected to retain growth in the near future.

In 2022, the number of animals slaughtered for poultry production in Luxembourg contracted slightly to X heads, approximately reflecting the year before. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, this number hit record highs at X heads in 2017; however, from 2018 to 2022, producing animals failed to regain momentum.

Poultry Exports

Exports from Luxembourg

Poultry exports from Luxembourg surged to X tons in 2022, growing by X% on the previous year's figure. Overall, exports saw a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, poultry exports surged to $X in 2022. Over the period under review, exports continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of poultry exports from Luxembourg, together comprising X% of total exports.

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

In value terms, the largest markets for poultry exported from Luxembourg were France ($X), Belgium ($X) and Germany ($X), with a combined X% share of total exports.

France, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average poultry export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price continues to indicate a mild decline. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Azerbaijan ($X per ton) and Belgium ($X per ton), while the average price for exports to Germany ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced a decline.

Poultry Imports

Imports into Luxembourg

For the eleventh consecutive year, Luxembourg recorded growth in overseas purchases of poultry, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, poultry imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of poultry to Luxembourg, with a X% share of total imports. Moreover, poultry imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Portugal (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the largest poultry suppliers to Luxembourg were Belgium ($X), France ($X) and Germany ($X), with a combined X% share of total imports.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average poultry import price amounted to $X per ton, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 Germany ($X per ton), while the price for Portugal ($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 more modest paces of growth.

Source: IndexBox Platform

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