Luxembourg: Fertilizer Market 2024

Fertilizer Market Size in Luxembourg

In 2022, the Luxembourg fertilizer market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption posted a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fertilizer Production in Luxembourg

In value terms, fertilizer production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight downturn. The growth pace was the most rapid in 2019 when the production volume increased by X%. Fertilizer production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Fertilizer Exports

Exports from Luxembourg

In 2022, exports of fertilizers from Luxembourg surged to X tons, increasing by X% against the previous year's figure. Overall, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fertilizer exports soared to $X in 2022. Over the period under review, exports saw temperate growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main destinations of fertilizer exports from Luxembourg, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

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

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average fertilizer export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked at $X per ton in 2021, and then shrank slightly in the following year.

Average prices varied somewhat for the major overseas 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 (X%), while the prices for the other major destinations experienced a decline.

Fertilizer Imports

Imports into Luxembourg

In 2022, purchases abroad of fertilizers increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fertilizer imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of fertilizer imports to Luxembourg, together comprising X% of total imports. Austria and France lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest fertilizer suppliers to Luxembourg were the Netherlands ($X), Germany ($X) and Belgium ($X), with a combined X% share of total imports. Austria and France lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Austria, with a CAGR of X%, saw the highest growth rate of 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 fertilizer import price stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per ton) and France ($X per ton), while the price for Austria ($X per ton) and Belgium ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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