Luxembourg: Fresh Whole Chicken Market 2024

Fresh Whole Chicken Market Size in Luxembourg

The Luxembourg fresh whole chicken market reached $X in 2021, remaining constant against the previous year. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Fresh whole chicken consumption peaked in 2021 and is expected to retain growth in the near future.

Fresh Whole Chicken Production in Luxembourg

In value terms, fresh whole chicken production dropped dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 205% against the previous year. Fresh whole chicken production peaked at $X in 2020, and then reduced rapidly in the following year.

Fresh Whole Chicken Exports

Exports from Luxembourg

For the fourth year in a row, Luxembourg recorded growth in shipments abroad of fresh or chilled whole chickens, which increased by 24% to X tons in 2021. In general, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 52%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, fresh whole chicken exports reduced to $X in 2021. Overall, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 63%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

France (X tons) was the main destination for fresh whole chicken exports from Luxembourg, accounting for a 60% share of total exports. Moreover, fresh whole chicken exports to France exceeded the volume sent to the second major destination, Belgium (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+2.2% per year) and Germany (+1.5% per year).

In value terms, the largest markets for fresh whole chicken exported from Luxembourg were France ($X), Belgium ($X) and Germany ($X), together comprising 95% of total exports. Azerbaijan, the UK and Portugal lagged somewhat behind, together comprising a further 5.5%.

Among the main countries of destination, the UK, with a CAGR of +152.9%, recorded the highest rates of growth with regard to 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

The average fresh whole chicken export price stood at $X per ton in 2021, falling by -23.3% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fresh whole chicken export price increased by +17.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 53%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to Portugal ($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 France (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Whole Chicken Imports

Imports into Luxembourg

In 2021, overseas purchases of fresh or chilled whole chickens decreased by -1.5% to X tons for the first time since 2017, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 8.5%. Over the period under review, imports hit record highs at X tons in 2015; afterwards, it flattened through to 2021.

In value terms, fresh whole chicken imports totaled $X in 2021. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 15% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Belgium (X tons), France (X tons) and Portugal (X tons) were the main suppliers of fresh whole chicken imports to Luxembourg, with a combined 98% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +4.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest fresh whole chicken suppliers to Luxembourg were France ($X), Belgium ($X) and Portugal ($X), with a combined 98% share of total imports.

Belgium, with a CAGR of +7.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fresh whole chicken import price stood at $X per ton in 2021, surging by 3.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 an increase of 9.2% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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