Luxembourg: Almond Market 2025

Almond Market Size in Luxembourg

In 2021, the Luxembourg almond market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption showed resilient growth. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Almond Exports

Exports from Luxembourg

In 2021, shipments abroad of almonds increased by 67% to X tons, rising for the third consecutive year after two years of decline. In general, exports saw buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 105% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, almond exports skyrocketed to $X in 2021. Overall, exports saw a pronounced increase. The most prominent rate of growth was recorded in 2016 with an increase of 71% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

Belgium (X kg), Germany (X kg) and France (X kg) were the main destinations of almond exports from Luxembourg.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +28.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and Germany ($X) constituted the largest markets for almond exported from Luxembourg worldwide.

In terms of the main countries of destination, Germany, with a CAGR of +24.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average almond export price stood at $X per ton in 2021, falling by -19.1% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 28%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, 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 2021, 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 a decline.

Almond Imports

Imports into Luxembourg

Almond imports into Luxembourg surged to X tons in 2021, picking up by 30% against 2020. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 68% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, almond imports soared to $X in 2021. Overall, imports showed a prominent expansion. The growth pace was the most rapid in 2014 with an increase of 47% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main suppliers of almond imports to Luxembourg, with a combined 100% share of total imports.

From 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +25.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest almond suppliers to Luxembourg were Germany ($X), Belgium ($X) and France ($X), together comprising 99.9% of total imports.

Belgium, with a CAGR of +27.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average almond import price amounted to $X per ton, remaining stable against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 30%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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