Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Luxembourg - 2023
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Luxembourg (CIF) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Luxembourg (FOB) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Luxembourg
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Luxembourg
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Luxembourg (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $13,480 per ton, growing by 9.7% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for edible products of animal origin; not elsewhere specified or includeds increased by +91.8% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 43% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($25,554 per ton), while the price for France ($7,576 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+21.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Luxembourg (FOB) - 2022
The average export price for edible products of animal origin; not elsewhere specified or includeds stood at $4,901 per ton in 2022, shrinking by -35.1% against the previous year. In general, the export price, however, posted a mild increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices reached the maximum at $10,386 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($7,625 per ton), while the average price for exports to Belgium totaled $4,740 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.8%).
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Luxembourg
In 2022, overseas purchases of edible products of animal origin; not elsewhere specified or includeds decreased by -70.7% to 969 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, imports reached the peak of 4.2 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds declined significantly to $13K in 2022. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 53%.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 5.1 | N/A | 0.3 | 4.8 | -2.0% |
| Spain | N/A | N/A | N/A | 3.9 | 0% |
| France | 14.1 | 30.3 | 31.4 | 3.5 | -37.2% |
| Italy | 1.9 | 3.6 | 7.9 | 0.9 | -22.0% |
| Poland | 1.7 | 1.4 | 0.9 | N/A | -27.2% |
| Others | 0.7 | 0.5 | 0.2 | N/A | -46.5% |
| Total | 23.5 | 35.8 | 40.6 | 13.1 | -17.7% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Luxembourg in 2022:
- France (458.0 kg)
- Spain (250.0 kg)
- Belgium (186.0 kg)
- Italy (75.0 kg)
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Luxembourg
For the fourth consecutive year, Luxembourg recorded growth in shipments abroad of edible products of animal origin; not elsewhere specified or includeds, which increased by 20% to 1 tons in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 306%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds contracted notably to $4.9K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 195%. As a result, the exports reached the peak of $6.3K, and then dropped dramatically in the following year.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.4 | 0.3 | 0.3 | 4.5 | 124.1% |
| France | 1.2 | 1.8 | 6.0 | 0.4 | -30.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.7 | 2.1 | 6.3 | 4.9 | 42.3% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Luxembourg in 2022:
- Belgium (950.0 kg)
- France (56.0 kg)
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