Report Update Nov 1, 2024

Luxembourg - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Luxembourg: Market for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs 2024

Market Size for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Luxembourg

The Luxembourg seafood meals and pellets market surged to $X in 2021, rising by 47% against the previous year. In general, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +81.6% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Luxembourg

In value terms, seafood meals and pellets production skyrocketed to $X in 2021 estimated in export price. Overall, production saw a prominent expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 54%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Exports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Exports from Luxembourg

In 2019, overseas shipments of flours, meals and pellets of fish or of crustaceans and molluscs decreased by -13.2% to X tons, falling for the third consecutive year after five years of growth. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2015 with an increase of 663% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2019, the exports stood at a somewhat lower figure.

In value terms, seafood meals and pellets exports stood at $X in 2019. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 449% against the previous year. Over the period under review, the exports attained the maximum in 2019 and are expected to retain growth in the near future.

Exports by Country

Denmark (X tons) was the main destination for seafood meals and pellets exports from Luxembourg, accounting for a approx. 99.9% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Denmark totaled +69.2%.

In value terms, Denmark ($X) also remains the key foreign market for flours, meals and pellets of fish or of crustaceans and molluscs exports from Luxembourg.

From 2012 to 2019, the average annual growth rate of value to Denmark amounted to +76.7%.

Export Prices by Country

The average seafood meals and pellets export price stood at $X per ton in 2019, surging by 17% against the previous year. Over the last seven years, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 28%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2019, the average export prices failed to regain momentum.

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

From 2012 to 2019, the rate of growth in terms of prices for Denmark amounted to +4.4% per year.

Imports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Imports into Luxembourg

Seafood meals and pellets imports into Luxembourg soared to X kg in 2021, rising by 118% on the previous year's figure. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 13,745%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, seafood meals and pellets imports surged to $X in 2021. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 1,883%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X kg) was the main seafood meals and pellets supplier to Luxembourg, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Belgium stood at +1,292.8%.

In value terms, Belgium ($X) constituted the largest supplier of flours, meals and pellets of fish or of crustaceans and molluscs to Luxembourg.

From 2012 to 2021, the average annual growth rate of value from Belgium stood at +147.0%.

Import Prices by Country

The average seafood meals and pellets import price stood at $X per ton in 2021, picking up by 42% against the previous year. In general, the import price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 2,691%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to -24.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flours, meals and pellets of fish or of crustaceans and molluscs in the world?

China constituted the country with the largest volume of seafood meals and pellets consumption, comprising approx. 20% of total volume. Moreover, seafood meals and pellets consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.3% share.

What are the largest producers of flours, meals and pellets of fish or of crustaceans and molluscs in the world?

The countries with the highest volumes of seafood meals and pellets production in 2020 were Peru, the United States and India, together accounting for 26% of global production. Chile, the UK, Mexico, Denmark, Brazil, Morocco, Pakistan, Thailand, Germany and Bangladesh lagged somewhat behind, together accounting for a further 28%.

What are the leading suppliers of flours, meals and pellets of fish or of crustaceans and molluscs to Luxembourg?

In value terms, Belgium constituted the largest supplier of seafood meals and pellets to Luxembourg.

What are the leading importers of flours, meals and pellets of fish or of crustaceans and molluscs from Luxembourg?

In value terms, Denmark remains the key foreign market for seafood meals and pellets exports from Luxembourg.

What is the average export price for flours, meals and pellets of fish or of crustaceans and molluscs in Luxembourg?

The average seafood meals and pellets export price stood at $1,841 per ton in 2019, approximately mirroring the previous year.

What is the average import price for flours, meals and pellets of fish or of crustaceans and molluscs in Luxembourg?

In 2020, the average seafood meals and pellets import price amounted to $2,031 per ton, surging by 14% against the previous year.

This report provides an in-depth analysis of the market for seafood meals and pellets 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:

Prodcom 10204100 - Flours, meals and pellets of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption

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