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Luxembourg - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuxembourg: Chemically Modified Oils Market 2024
Chemically Modified Oils Market Size in Luxembourg
The Luxembourg chemically modified oils market expanded markedly to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a buoyant expansion. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.
Chemically Modified Oils Production in Luxembourg
In value terms, chemically modified oils production expanded significantly to $X in 2023 estimated in export price. In general, production continues to indicate a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
Chemically Modified Oils Exports
Exports from Luxembourg
In 2023, shipments abroad of animal or vegetable fats and oils chemically modified decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.
In value terms, chemically modified oils exports shrank markedly to $X in 2023. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Belgium (X tons) was the main destination for chemically modified oils exports from Luxembourg, with a X% share of total exports. Moreover, chemically modified oils exports to Belgium exceeded the volume sent to the second major destination, France (X tons), ninefold.
From 2012 to 2023, the average annual rate of growth in terms of volume to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Germany (X% per year).
In value terms, Belgium ($X) emerged as the key foreign market for animal or vegetable fats and oils chemically modified exports from Luxembourg, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Germany (X% per year).
Export Prices by Country
In 2023, the average chemically modified oils export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price recorded prominent growth. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked in 2023 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced mixed trend patterns.
Chemically Modified Oils Imports
Imports into Luxembourg
In 2023, approx. X tons of animal or vegetable fats and oils chemically modified were imported into Luxembourg; surging by X% compared with the previous year. Overall, imports, however, showed a mild decline. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2023, the growth of imports remained at a lower figure.
In value terms, chemically modified oils imports dropped modestly to $X in 2023. In general, imports, however, recorded a mild slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2023, Germany (X tons) constituted the largest chemically modified oils supplier to Luxembourg, with a X% share of total imports. Moreover, chemically modified oils imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold.
From 2012 to 2023, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Belgium (X% per year).
In value terms, Germany ($X) constituted the largest supplier of animal or vegetable fats and oils chemically modified to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Belgium (X% per year).
Import Prices by Country
In 2023, the average chemically modified oils import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the chemically modified oils 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 20592000 - Animal or vegetable fats and oils chemically modified
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
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