Luxembourg: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Luxembourg

In 2022, after two years of growth, there was decline in the Luxembourg homogenised jam and marmalade market, when its value decreased by -0.4% to $X. In general, consumption, however, continues to indicate a noticeable setback. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Luxembourg

In 2022, overseas shipments of homogenised preparations of jams, fruit jellies and marmalades increased by 22% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 141% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, homogenised jam and marmalade exports surged to $X in 2022. Overall, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 96% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for homogenised jam and marmalade exports from Luxembourg, accounting for a 60% share of total exports. Moreover, homogenised jam and marmalade exports to Belgium exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was taken by Germany (X kg), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium stood at -17.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.4% per year) and Germany (-6.3% per year).

In value terms, the largest markets for homogenised jam and marmalade exported from Luxembourg were Belgium ($X), France ($X) and Germany ($X), together comprising 99% of total exports. Azerbaijan lagged somewhat behind, accounting for a further 1.3%.

Azerbaijan, with a CAGR of +3.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average homogenised jam and marmalade export price amounted to $X per ton, shrinking by -3.3% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +9.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, homogenised jam and marmalade export price increased by +26.9% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 69%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($X per ton) and France ($X per ton), while the average price for exports to Azerbaijan ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Luxembourg

In 2022, the amount of homogenised preparations of jams, fruit jellies and marmalades imported into Luxembourg rose remarkably to X tons, increasing by 8.8% compared with 2021. Overall, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +2.4% 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 +60.7% against 2016 indices. The pace of growth was the most pronounced in 2019 when imports increased by 21% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, homogenised jam and marmalade imports reduced modestly to $X in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19%. As a result, imports reached the peak of $X, and then dropped modestly in the following year.

Imports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main suppliers of homogenised jam and marmalade imports to Luxembourg, together comprising 91% of total imports. Italy and Portugal lagged somewhat behind, together accounting for a further 3%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +20.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest homogenised jam and marmalade suppliers to Luxembourg were Belgium ($X), France ($X) and Germany ($X), together accounting for 87% of total imports. Italy and Portugal lagged somewhat behind, together accounting for a further 3.6%.

In terms of the main suppliers, Italy, with a CAGR of +13.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average homogenised jam and marmalade import price stood at $X per ton in 2022, shrinking by -11% against the previous year. Overall, the import price showed a slight descent. The pace of growth appeared the most rapid in 2013 an increase of 26% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :