Luxembourg - Bread and Bakery Product - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBread and Bakery Price in Luxembourg - 2023
Contents:
- Bread and Bakery Price in Luxembourg (CIF) - 2022
- Bread and Bakery Price in Luxembourg (FOB) - 2022
- Bread and Bakery Imports in Luxembourg
- Bread and Bakery Exports in Luxembourg
Bread and Bakery Price in Luxembourg (CIF) - 2022
The average bread and bakery import price stood at $4,247 per ton in 2022, shrinking by -6.7% against the previous year. In general, the import price saw a mild descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 7.2% against the previous year. Over the period under review, average import prices attained the maximum at $4,881 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4,948 per ton), while the price for the Netherlands ($2,701 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.1%), while the prices for the other major suppliers experienced a decline.
Bread and Bakery Price in Luxembourg (FOB) - 2022
The average bread and bakery export price stood at $3,211 per ton in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices hit record highs at $3,250 per ton in 2021, and then reduced modestly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,353 per ton), while the average price for exports to Norway ($2,008 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 (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Bread and Bakery Imports in Luxembourg
In 2022, approx. 30K tons of bread and bakery were imported into Luxembourg; surging by 2.9% on the year before. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 9.1%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, bread and bakery imports reduced to $129M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12%. As a result, imports reached the peak of $135M, and then contracted modestly in the following year.
Import of Bread and Bakery in Luxembourg (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 44.5 | 65.1 | 71.3 | 66.2 | 14.2% |
France | 25.9 | 23.4 | 26.1 | 26.1 | 0.3% |
Germany | 23.5 | 18.9 | 20.1 | 20.7 | -4.1% |
Italy | 6.0 | 7.5 | 11.1 | 10.0 | 18.6% |
Netherlands | 8.1 | 1.8 | 2.9 | 3.0 | -28.2% |
Portugal | 1.8 | 1.8 | 2.2 | 2.2 | 6.9% |
Others | 9.1 | 1.3 | 1.1 | 1.3 | -47.7% |
Total | 119 | 120 | 135 | 129 | 2.7% |
Top Suppliers of Bread and Bakery to Luxembourg in 2022:
- Belgium (15.8K tons)
- France (6.1K tons)
- Germany (4.5K tons)
- Italy (2.0K tons)
- Netherlands (1.1K tons)
- Portugal (0.7K tons)
Bread and Bakery Exports in Luxembourg
In 2022, the amount of bread and bakery exported from Luxembourg reached 19K tons, surging by 2.8% on 2021 figures. Overall, exports, however, continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 12%.
In value terms, bread and bakery exports totaled $61M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Bread and Bakery in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 16.7 | 15.9 | 20.2 | 19.6 | 5.5% |
Belgium | 21.2 | 15.4 | 17.8 | 17.7 | -5.8% |
France | 9.6 | 8.0 | 8.9 | 9.8 | 0.7% |
Norway | 5.7 | 4.6 | 4.7 | 5.0 | -4.3% |
Netherlands | 2.5 | 1.9 | 2.6 | 2.1 | -5.6% |
Slovakia | N/A | N/A | N/A | 1.7 | 0% |
United Kingdom | 0.9 | 1.6 | 0.7 | 1.2 | 10.1% |
Others | 3.0 | 3.1 | 5.1 | 3.8 | 8.2% |
Total | 59.6 | 50.4 | 60.0 | 60.9 | 0.7% |
Top Export Markets for Bread and Bakery from Luxembourg in 2022:
- Belgium (6.0K tons)
- Germany (4.5K tons)
- France (3.2K tons)
- Norway (2.5K tons)
- Netherlands (0.6K tons)
- United Kingdom (0.5K tons)
- Slovakia (0.5K tons)
This report provides an in-depth analysis of the bread and bakery 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:
- Prodcom 10721130 - Crispbread
- Prodcom 10721230 - Gingerbread and the like
- Prodcom 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
- Prodcom 10721259 - Waffles and wafers (including salted) (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
- Prodcom 10721150 - Rusks, toasted bread and similar toasted products
- Prodcom 10711100 - Fresh bread containing by weight in the dry matter state . 5 % of sugars and . 5 % of fat (excluding with added honey, e ggs, cheese or fruit)
- Prodcom 10711200 - Cake and pastry products, other bakers
- Prodcom 10721910 - Matzos
- Prodcom 10721920 - Communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products
- Prodcom 10721940 - Biscuits (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa, sweet biscuits, waffles and wafers)
- Prodcom 10721950 - Savoury or salted extruded or expanded products
- Prodcom 10721990 - Bakersu2019 wares, no added sweetening (including crepes, pancakes, quiche, pizza; excluding sandwiches, crispbread, waffles, wafers, rusks, toasted, savoury or salted extruded/expanded products)
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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the bread and bakery market in Luxembourg.
This report provides an in-depth analysis of the waffle and wafer market in Luxembourg.
This report provides an in-depth analysis of the market for gingerbread, sweet biscuit and waffle in Luxembourg.
This report provides an in-depth analysis of the market for crispbread, rusk and toasted bread in Luxembourg.
This report provides an in-depth analysis of the sweet biscuit market in Luxembourg.
This report provides an in-depth analysis of the market for rusks and toasted bread in Luxembourg.
This report provides an in-depth analysis of the gingerbread market in Luxembourg.
This report provides an in-depth analysis of the crispbread market in Luxembourg.
This report provides an in-depth analysis of the market for fresh bread and miscellaneous bakery in Luxembourg.
This report provides an in-depth analysis of the market for sweet biscuit, waffle and wafer in Luxembourg.
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