Price for Flour and Meal; of Potatoes in Luxembourg - 2023

Contents:

1. Price for Flour and Meal; of Potatoes in Luxembourg (CIF) - 2022
2. Price for Flour and Meal; of Potatoes in Luxembourg (FOB) - 2022
3. Imports of Flour and Meal; of Potatoes in Luxembourg
4. Exports of Flour and Meal; of Potatoes in Luxembourg

Price for Flour and Meal; of Potatoes in Luxembourg (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $3,245 per ton, waning by -3.1% against the previous year. In general, the import price, however, posted prominent growth. The pace of growth appeared the most rapid in 2019 an increase of 121%. As a result, import price attained the peak level of $3,910 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($8,734 per ton), while the price for Italy ($1,236 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+36.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in Luxembourg (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $4,000 per ton in 2022, remaining constant against the previous year. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 162%. The export price peaked at $6,475 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($12,000 per ton), while the average price for exports to the UK amounted to $2,400 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+50.1%), while the prices for the other major destinations experienced a decline.

Imports of Flour and Meal; of Potatoes in Luxembourg

In 2022, approx. 22 tons of flour and meal; of potatoeses were imported into Luxembourg; picking up by 9.9% on 2021 figures. Over the period under review, imports, however, saw a mild decline. The growth pace was the most rapid in 2020 when imports increased by 18% against the previous year. As a result, imports reached the peak of 28 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, flour and meal; of potatoes imports reached $72K in 2022. In general, imports, however, continue to indicate a deep contraction.

Top Suppliers of Flour and Meal; of Potatoes to Luxembourg in 2022:

1. Germany (11.0 tons)
2. Italy (3.2 tons)
3. France (2.8 tons)
4. Netherlands (1.7 tons)
5. Portugal (1.4 tons)
6. Belgium (1.2 tons)
7. Poland (0.7 tons)

Exports of Flour and Meal; of Potatoes in Luxembourg

In 2022, exports of flour and meal; of potatoeses from Luxembourg stood at 18 kg, remaining constant against the year before. Overall, exports saw a sharp reduction. The smallest decline of -89.3% was in 2020.

In value terms, flour and meal; of potatoes exports totaled $72 in 2022. In general, exports showed a sharp curtailment. The smallest decline of -87.1% was in 2020.

Top Export Markets for Flour and Meal; of Potatoes from Luxembourg in 2022:

1. United Kingdom (15.0 kg)
2. France (3.0 kg)

Source: IndexBox Market Intelligence Platform