Luxembourg: Chicken Egg Market 2024

Chicken Egg Market Size in Luxembourg

For the seventh consecutive year, the Luxembourg chicken egg market recorded growth in sales value, which increased by 14% to $X in 2022. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +83.2% against 2015 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Chicken Egg Production in Luxembourg

In value terms, chicken egg production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 7.1% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Chicken Egg Exports

Exports from Luxembourg

In 2022, approx. X tons of chicken eggs were exported from Luxembourg; with an increase of 70% compared with 2021. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 91%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, chicken egg exports skyrocketed to $X in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 85% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main destinations of chicken egg exports from Luxembourg, with a combined 99% share 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 +31.0%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and Germany ($X) were the largest markets for chicken egg exported from Luxembourg worldwide, with a combined 99% share of total exports.

Belgium, with a CAGR of +28.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average chicken egg export price amounted to $X per ton, declining by -11.5% against the previous year. In general, the export price showed a noticeable decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 4.8%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($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 France (-2.0%), while the prices for the other major destinations experienced a decline.

Chicken Egg Imports

Imports into Luxembourg

In 2022, chicken egg imports into Luxembourg surged to X tons, growing by 38% compared with 2021. Over the period under review, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chicken egg imports surged to $X in 2022. In general, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2018 with an increase of 32%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Belgium (X tons) constituted the largest chicken egg supplier to Luxembourg, with a 69% share of total imports. Moreover, chicken egg imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+3.2% per year) and Germany (+3.6% per year).

In value terms, Belgium ($X) constituted the largest supplier of chicken eggs to Luxembourg, comprising 69% of total imports. The second position in the ranking was taken by France ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.1% per year) and Germany (+1.6% per year).

Import Prices by Country

The average chicken egg import price stood at $X per ton in 2022, reducing by -11.1% against the previous year. Overall, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of 4.7% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by France (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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