Luxembourg: Market for Broad Beans And Horse Beans (Dry) 2025

Market Size for Broad Beans And Horse Beans (Dry) in Luxembourg

The Luxembourg market for broad beans and horse beans (dry) rose remarkably to $X in 2022, surging by 8.8% against the previous year. Over the period under review, consumption continues to indicate notable growth. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Broad Beans And Horse Beans (Dry) in Luxembourg

In value terms, broad bean and horse bean production expanded sharply to $X in 2022 estimated in export price. In general, production recorded tangible growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 135%. Broad bean and horse bean production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The average yield of broad beans and horse beans (dry) in Luxembourg soared to X tons per ha in 2022, jumping by 44% on 2021 figures. Over the period under review, the yield posted moderate growth. The pace of growth appeared the most rapid in 2018 when the yield increased by 188%. Over the period under review, the average broad bean and horse bean yield reached the peak level at X tons per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The broad bean and horse bean harvested area in Luxembourg amounted to X ha in 2022, approximately equating the previous year's figure. Overall, the harvested area showed a perceptible increase. The most prominent rate of growth was recorded in 2013 when the harvested area increased by 129% against the previous year. The broad bean and horse bean harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area stood at a somewhat lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Luxembourg

Broad bean and horse bean exports from Luxembourg skyrocketed to X kg in 2022, rising by 23% compared with the previous year's figure. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2016 with an increase of 1,810% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, broad bean and horse bean exports soared to $X in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 1,917% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

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

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +36.4%), while the other leaders experienced more modest paces of growth.

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

France, with a CAGR of +38.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for broad beans and horse beans (dry) amounted to $X per ton, declining by -4.5% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 46%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped modestly in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to France ($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 (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Luxembourg

Broad bean and horse bean imports into Luxembourg fell markedly to X tons in 2022, waning by -52% on 2021 figures. Over the period under review, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 189% against the previous year. As a result, imports attained the peak of X tons, and then fell dramatically in the following year.

In value terms, broad bean and horse bean imports fell notably to $X in 2022. Overall, imports, however, showed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 133%. As a result, imports attained the peak of $X, and then declined dramatically in the following year.

Imports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main suppliers of broad bean and horse bean imports to Luxembourg, with a combined 68% share of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +84.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest broad bean and horse bean suppliers to Luxembourg were France ($X), Belgium ($X) and China ($X), together accounting for 71% of total imports.

France, with a CAGR of +86.1%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for broad beans and horse beans (dry) stood at $X per ton in 2022, rising by 26% against the previous year. Overall, the import price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 34%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average 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 France ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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