Luxembourg - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAvocado Price in Luxembourg - 2023
Contents:
- Avocado Price in Luxembourg (CIF) - 2023
- Avocado Price in Luxembourg (FOB) - 2022
- Avocado Imports in Luxembourg
- Avocado Exports in Luxembourg
Avocado Price in Luxembourg (CIF) - 2023
In July 2023, the average avocado import price amounted to $4,375 per ton, surging by 3.4% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 23% against the previous month. As a result, import price attained the peak level of $5,764 per ton. From February 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,374 per ton), while the price for Belgium ($3,296 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Avocado Price in Luxembourg (FOB) - 2022
The average avocado export price stood at $6,113 per ton in 2022, rising by 84% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $8,823 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($7,434 per ton) and Azerbaijan ($7,243 per ton), while the average price for exports to France ($5,675 per ton) and Germany ($5,844 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 Germany (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Avocado Imports in Luxembourg
In 2022, overseas purchases of avocados decreased by -16.6% to 1.2K tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, avocado imports contracted notably to $5.6M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 35% against the previous year. As a result, imports reached the peak of $7.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Avocado in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 0.7 | 2.8 | 3.1 | 2.3 | 48.7% |
France | 1.3 | 1.5 | 1.8 | 1.5 | 4.9% |
Spain | 1.4 | 1.3 | 1.3 | 1.3 | -2.4% |
Netherlands | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
Germany | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
Mexico | 0.5 | 1.1 | 0.6 | N/A | 9.5% |
Others | 1.3 | 0.2 | N/A | N/A | -84.6% |
Total | 5.4 | 7.3 | 7.2 | 5.6 | 1.2% |
Top Suppliers of Avocado to Luxembourg in 2022:
- Belgium (539.0 tons)
- France (369.0 tons)
- Spain (220.3 tons)
- Netherlands (49.0 tons)
- Germany (38.3 tons)
Avocado Exports in Luxembourg
In 2022, shipments abroad of avocados decreased by -73.8% to 63 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a mild decline. The pace of growth was the most pronounced in 2020 when exports increased by 501%. As a result, the exports attained the peak of 391 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, avocado exports declined dramatically to $384K in 2022. In general, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 246%. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Avocado in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 135 | 203 | 182 | 169 | 7.8% |
Germany | 81.8 | 105 | 107 | 106 | 9.0% |
Azerbaijan | 38.2 | 32.9 | 58.2 | 56.3 | 13.8% |
Belgium | 165 | 132 | 54.0 | 52.4 | -31.8% |
Spain | 0.1 | 667 | 327 | N/A | 5618.4% |
Portugal | N/A | 18.9 | N/A | N/A | 0% |
Italy | N/A | 40.0 | 31.7 | N/A | -20.8% |
Others | 27.9 | 350 | 38.8 | 0.7 | -70.7% |
Total | 448 | 1,549 | 798 | 384 | -5.0% |
Top Export Markets for Avocado from Luxembourg in 2022:
- France (29.8 tons)
- Germany (18.1 tons)
- Azerbaijan (7.8 tons)
- Belgium (7.0 tons)
This report provides an in-depth analysis of the avocado market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 572 - Avocados
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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