Price for Flour, Meal, and Flakes of Potatoes in Luxembourg - 2023

Contents:

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

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

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $2,996 per ton, rising by 4.1% against the previous year. Overall, the import price enjoyed a significant increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 741% against the previous year. Over the period under review, average import prices reached the peak figure at $3,090 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($8,531 per ton), while the price for Italy ($1,227 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $8,462 per ton, dropping by -10.1% against the previous year. Over the period under review, the export price, however, showed noticeable growth. The pace of growth appeared the most rapid in 2015 an increase of 159% against the previous year. Over the period under review, the average export prices reached the peak figure at $9,412 per ton in 2021, and then reduced in the following year.

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 Belgium ($11,112 per ton), while the average price for exports to Poland ($1,167 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 (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flour, Meal, and Flakes of Potatoes in Luxembourg

In 2022, supplies from abroad of flour, meal, and flakes of potatoeses was finally on the rise to reach 77 tons after two years of decline. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of flour, meal, and flakes of potatoeses surged to $232K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Belgium (55.1 tons)
2. Germany (11.7 tons)
3. Italy (3.3 tons)
4. Netherlands (3.2 tons)
5. France (3.2 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Luxembourg

After two years of decline, shipments abroad of flour, meal, and flakes of potatoeses increased by 26% to 186 kg in 2022. Over the period under review, exports, however, recorded a sharp decline.

In value terms, exports of flour, meal, and flakes of potatoeses reached $1.6K in 2022. Overall, exports, however, saw a precipitous descent.

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

1. Belgium (116.0 kg)
2. Italy (26.0 kg)
3. United Kingdom (15.0 kg)
4. France (11.0 kg)
5. Germany (10.0 kg)
6. Poland (6.0 kg)

Source: IndexBox Market Intelligence Platform