Luxembourg: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in Luxembourg

The Luxembourg prepared frozen vegetable market surged to $X in 2020, growing by X% 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). Overall, consumption recorded buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Prepared frozen vegetable consumption peaked in 2020 and is likely to see gradual growth in the near future.

Prepared Frozen Vegetable Exports

Exports from Luxembourg

For the eighth consecutive year, Luxembourg recorded decline in overseas shipments of frozen vegetables and mixtures of vegetables (prepared or preserved), which decreased by -X% to X tons in 2020. Overall, exports recorded a dramatic slump. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, prepared frozen vegetable exports reduced to $X in 2020. In general, exports faced a significant contraction. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Belgium (X tons) was the main destination for prepared frozen vegetable exports from Luxembourg, with a X% share of total exports. Moreover, prepared frozen vegetable exports to Belgium exceeded the volume sent to the second major destination, Germany (X tons), threefold.

From 2007 to 2020, the average annual growth rate of volume to Belgium amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and France (-X% per year).

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

Among the main countries of destination, Germany saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average prepared frozen vegetable export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, saw a slight shrinkage. Over the period under review, average export prices reached the peak figure at $X per ton in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced a decline.

Prepared Frozen Vegetable Imports

Imports into Luxembourg

In 2020, imports of frozen vegetables and mixtures of vegetables (prepared or preserved) into Luxembourg shrank to X tons, remaining relatively unchanged against 2019 figures. In general, total imports indicated a notable increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. As a result, imports reached the peak of X tons. from 2016 to 2020, the growth imports remained at a lower figure.

In value terms, prepared frozen vegetable imports soared to $X in 2020. Overall, total imports indicated a buoyant expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of prepared frozen vegetable imports to Luxembourg, together comprising X% of total imports. Portugal lagged somewhat behind, accounting for a further X 2007 to 2020, the biggest increases were in Portugal, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and Germany ($X) were the largest prepared frozen vegetable suppliers to Luxembourg, with a combined X% share of total imports. Portugal lagged somewhat behind, accounting for a further X the main suppliers, Portugal saw the highest rates of growth with regard to 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

In 2020, the average prepared frozen vegetable import price amounted to $X per ton, with an increase of X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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