Report Update Nov 1, 2024

Luxembourg - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Canned Vegetable Market 2024

Canned Vegetable Market Size in Luxembourg

After two years of growth, the Luxembourg canned vegetable market decreased by -3.2% to $X in 2022. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Canned Vegetable Exports

Exports from Luxembourg

Canned vegetable exports from Luxembourg stood at X tons in 2022, growing by 11% compared with 2021. In general, exports showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, canned vegetable exports rose notably to $X in 2022. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2016 when exports increased by 74%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

France (X tons) was the main destination for canned vegetable exports from Luxembourg, with a 66% share of total exports. Moreover, canned vegetable exports to France exceeded the volume sent to the second major destination, Belgium (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+8.9% per year) and Germany (+14.2% per year).

In value terms, the largest markets for canned vegetable exported from Luxembourg were France ($X), Belgium ($X) and Germany ($X), together accounting for 98% of total exports.

Among the main countries of destination, Belgium, with a CAGR of +11.9%, saw the highest growth rate of the value of exports, 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 canned vegetable export price amounted to $X per ton, waning by -2.1% against the previous year. Overall, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2016 an increase of 37% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign 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 Belgium (+2.7%), while the prices for the other major destinations experienced a decline.

Canned Vegetable Imports

Imports into Luxembourg

In 2022, canned vegetable imports into Luxembourg expanded sharply to X tons, with an increase of 5.1% compared with the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 10%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, canned vegetable imports contracted modestly to $X in 2022. In general, imports showed a modest increase. The most prominent rate of growth was recorded in 2018 when imports increased by 17%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of canned vegetable to Luxembourg, accounting for a 43% share of total imports. Moreover, canned vegetable imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. France (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.2% per year) and France (-2.2% per year).

In value terms, the largest canned vegetable suppliers to Luxembourg were Belgium ($X), France ($X) and the Netherlands ($X), together accounting for 71% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +5.8%, 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

In 2022, the average canned vegetable import price amounted to $X per ton, falling by -9.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2018 an increase of 13%. The import price peaked at $X per ton in 2021, and then fell in the following year.

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 ($X per ton), while the price for Italy ($X 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 (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for canned vegetables in the world?

The countries with the highest volumes of in 2021 were Germany, the UK and France, with a combined 23% share of global consumption. These countries were followed by Japan, the United States, China, Algeria, Taiwan Chinese), India, Italy, Belgium, Australia and Malaysia, which together accounted for a further 38%.

What are the largest producers of canned vegetables in the world?

The countries with the highest volumes of in 2021 were Italy, China and Spain, together comprising 48% of global production. These countries were followed by Algeria, the Netherlands, Taiwan Chinese), Thailand, Belgium, Greece, India, Hungary, France and Peru, which together accounted for a further 32%.

What are the leading suppliers of canned vegetables to Luxembourg?

In value terms, Belgium constituted the largest supplier of canned vegetable to Luxembourg, comprising 50% of total imports. The second position in the ranking was occupied by France, with a 20% share of total imports. It was followed by Germany, with a 14% share.

What are the leading importers of canned vegetables from Luxembourg?

In value terms, the largest markets for canned vegetable exported from Luxembourg were France, Belgium and Germany, together comprising 96% of total exports.

What is the average export price for canned vegetables in Luxembourg?

In 2021, the average canned vegetable export price amounted to $2,341 per ton, waning by -17.9% against the previous year.

What is the average import price for canned vegetables in Luxembourg?

In 2021, the average canned vegetable import price amounted to $2,887 per ton, rising by 6.5% against the previous year.

This report provides an in-depth analysis of the canned vegetable 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:

FCL 472 - Vegetables, Preserved nes (O/T vinegar)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023