Luxembourg: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Luxembourg

The Luxembourg market for concentrated lemon and other citrus fruit juice dropped to $X in 2021, waning by -7.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a abrupt slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Luxembourg

In 2021, after two years of growth, there was significant decline in overseas shipments of concentrated lemon and other citrus fruit juice, when their volume decreased by -97.8% to X kg. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 2,539%. As a result, the exports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, exports of concentrated lemon and other citrus fruit juice reduced rapidly to $X in 2021. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 1,468% against the previous year. As a result, the exports reached the peak of $X, and then fell markedly in the following year.

Exports by Country

Belgium (X kg) was the main destination for exports of concentrated lemon and other citrus fruit juice from Luxembourg, with a 94% share of total exports. Moreover, exports of concentrated lemon and other citrus fruit juice to Belgium exceeded the volume sent to the second major destination, Germany (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Belgium stood at -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-11.8% per year) and France (-28.8% per year).

In value terms, Belgium ($X) emerged as the key foreign market for concentrated lemon and other citrus fruit juice exports from Luxembourg, comprising 88% of total exports. The second position in the ranking was taken by Germany ($X), with a 9.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium stood at -8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-15.2% per year) and France (-34.0% per year).

Export Prices by Country

The average export price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, shrinking by -3.7% against the previous year. Overall, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of 50% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to France ($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 (-3.8%), while the prices for the other major destinations experienced a decline.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Luxembourg

In 2021, approx. X tons of concentrated lemon and other citrus fruit juice were imported into Luxembourg; waning by -49.5% on the year before. Over the period under review, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 49%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of concentrated lemon and other citrus fruit juice plummeted to $X in 2021. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by 68%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of concentrated lemon and other citrus fruit juice to Luxembourg, accounting for a 52% share of total imports. Moreover, imports of concentrated lemon and other citrus fruit juice from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a 20% share.

From 2012 to 2021, the average annual growth rate of volume from France totaled +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.5% per year) and Belgium (-11.1% per year).

In value terms, France ($X), Belgium ($X) and Germany ($X) constituted the largest concentrated lemon and other citrus fruit juice suppliers to Luxembourg, together accounting for 97% of total imports.

Among the main suppliers, France, with a CAGR of +14.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, falling by -6.5% against the previous year. In general, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for concentrated lemon and other citrus fruit juice increased by +120.2% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 52%. The import price peaked at $X per ton in 2020, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Germany ($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 (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :