Luxembourg: Market for Lucerne (Alfalfa) Meal And Pellets 2025

Market Size for Lucerne (Alfalfa) Meal And Pellets in Luxembourg

The Luxembourg lucerne meal and pellets market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, continues to indicate a slight decrease. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Lucerne (Alfalfa) Meal And Pellets in Luxembourg

In value terms, lucerne meal and pellets production surged to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 76%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Lucerne (Alfalfa) Meal And Pellets

Exports from Luxembourg

In 2020, lucerne meal and pellets exports from Luxembourg declined markedly to X tons, waning by -72% against the year before. Overall, exports showed a sharp descent. The most prominent rate of growth was recorded in 2018 with an increase of 802% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

In value terms, lucerne meal and pellets exports declined remarkably to $X in 2020. In general, exports saw a sharp descent. The pace of growth was the most pronounced in 2018 when exports increased by 698% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for lucerne meal and pellets exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Germany totaled -22.6%.

In value terms, Germany ($X) emerged as the key foreign market for lucerne (alfalfa) meal and pellets exports from Luxembourg.

From 2012 to 2020, the average annual rate of growth in terms of value to Germany totaled -23.4%.

Export Prices by Country

The average lucerne meal and pellets export price stood at $X per ton in 2020, rising by 32% against the previous year. In general, the export price, however, saw a perceptible curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 51% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2020, 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 Germany.

From 2012 to 2020, the rate of growth in terms of prices for France amounted to -0.1% per year.

Imports of Lucerne (Alfalfa) Meal And Pellets

Imports into Luxembourg

After two years of growth, overseas purchases of lucerne (alfalfa) meal and pellets decreased by -36% to X tons in 2021. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of 61% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, lucerne meal and pellets imports shrank remarkably to $X in 2021. Overall, imports recorded a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 52%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X tons) and Germany (X tons) were the main suppliers of lucerne meal and pellets imports to Luxembourg.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +13.9%).

In value terms, Belgium ($X) and Germany ($X) constituted the largest lucerne meal and pellets suppliers to Luxembourg.

In terms of the main suppliers, Germany, with a CAGR of +7.2%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2021, the average lucerne meal and pellets import price amounted to $X per ton, increasing by 26% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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