Report Update Nov 1, 2024

Luxembourg - Carob - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Carob Market 2024

Carob Market Size in Luxembourg

In 2021, the Luxembourg carob market increased by 396% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, recorded a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Carob Exports

Exports from Luxembourg

In 2019, shipments abroad of carob was finally on the rise to reach X kg after three years of decline. In general, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 626%. The exports peaked at X kg in 2015; however, from 2016 to 2019, the exports stood at a somewhat lower figure.

In value terms, carob exports totaled $X in 2019. Overall, exports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2014 with an increase of 403%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for carob exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to the Netherlands stood at +8.2%.

In value terms, the Netherlands ($X) also remains the key foreign market for carob exports from Luxembourg.

From 2012 to 2019, the average annual growth rate of value to the Netherlands totaled -3.7%.

Export Prices by Country

In 2019, the average carob export price amounted to $X per ton, with a decrease of -7.7% against the previous year. In general, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by 6.1%. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2019, the rate of growth in terms of prices for the Netherlands amounted to -11.2% per year.

Carob Imports

Imports into Luxembourg

In 2021, carob imports into Luxembourg soared to X kg, rising by 441% against the year before. In general, imports, however, faced a abrupt setback. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, carob imports surged to $X in 2021. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 833%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X kg) constituted the largest supplier of carob to Luxembourg, accounting for a 83% share of total imports. Moreover, carob imports from Germany exceeded the figures recorded by the second-largest supplier, France (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at -7.4%.

In value terms, the largest carob suppliers to Luxembourg were Germany ($X) and France ($X).

France, with a CAGR of +74.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average carob import price stood at $X per ton in 2021, shrinking by -48.1% against the previous year. Overall, the import price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 an increase of 1,651%. The import price peaked at $X per ton in 2020, and then shrank dramatically in the following year.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+78.9%), 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 carob in the world?

The countries with the highest volumes of carob consumption in 2020 were Portugal, Italy and Turkey, together accounting for 51% of global consumption. Morocco, Greece, Vietnam, Cyprus, France, Algeria, Switzerland, Lebanon and Egypt lagged somewhat behind, together accounting for a further 40%.

What are the largest producers of carob in the world?

The countries with the highest volumes of carob production in 2020 were Portugal, Italy and Morocco, with a combined 57% share of global production. These countries were followed by Turkey, Spain, Greece, Cyprus and Algeria, which together accounted for a further 36%.

What are the leading suppliers of carob to Luxembourg?

In value terms, France $553) constituted the largest supplier of carob to Luxembourg.

What are the leading importers of carob from Luxembourg?

In value terms, the Netherlands $54) remains the key foreign market for carob exports from Luxembourg.

What is the average export price for carob in Luxembourg?

The average carob export price stood at $0 per ton in 2020, which is down by -100% against the previous year.

What is the average import price for carob in Luxembourg?

The average carob import price stood at $1,004 per ton in 2020, rising by 10% against the previous year.

This report provides an in-depth analysis of the carob 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 461 - Carobs

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023