Luxembourg: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in Luxembourg

The Luxembourg animal or vegetable fertilisers market expanded sharply to $X in 2022, with an increase of X% against the previous year. Overall, consumption continues to indicate a resilient expansion. Animal or vegetable fertilisers consumption peaked in 2022 and is likely to see gradual growth in years to come.

Production of Animal Or Vegetable Fertilisers in Luxembourg

In value terms, animal or vegetable fertilisers production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, posted strong growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Animal or vegetable fertilisers production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Animal Or Vegetable Fertilisers

Exports from Luxembourg

In 2022, overseas shipments of animal or vegetable fertilisers increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, saw a sharp decline. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, animal or vegetable fertilisers exports soared to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for animal or vegetable fertilisers exports from Luxembourg, with a X% share of total exports. It was followed by France (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume 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).

In value terms, Belgium ($X) remains the key foreign market for animal or vegetable fertilisers exports from Luxembourg, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

Export Prices by Country

The average animal or vegetable fertilisers export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, recorded a significant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Animal Or Vegetable Fertilisers

Imports into Luxembourg

In 2022, purchases abroad of animal or vegetable fertilisers increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, imports, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, animal or vegetable fertilisers imports dropped to $X in 2022. In general, imports, however, continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of animal or vegetable fertilisers imports to Luxembourg, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest animal or vegetable fertilisers suppliers to Luxembourg were Belgium ($X), Germany ($X) and France ($X), with a combined X% share of total imports. These countries were followed by the Netherlands, which accounted for a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average animal or vegetable fertilisers import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 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 France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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