Luxembourg: Maize Market 2025

Maize Market Size in Luxembourg

The Luxembourg maize market shrank remarkably to $X in 2022, which is down by -45.8% against the previous year. In general, consumption saw a abrupt contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Maize Production in Luxembourg

In value terms, maize production expanded to $X in 2022 estimated in export price. In general, production, however, showed a deep downturn. The pace of growth was the most pronounced in 2013 when the production volume increased by 266%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of maize in Luxembourg declined to X tons per ha, which is down by -10.3% on the year before. Over the period under review, the yield saw a perceptible downturn. The most prominent rate of growth was recorded in 2015 with an increase of 466% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average maize yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of maize were harvested in Luxembourg; jumping by 36% against the previous year. Overall, the harvested area, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of 56% against the previous year. Over the period under review, the harvested area dedicated to maize production reached the maximum at X ha in 2014; however, from 2015 to 2022, the harvested area failed to regain momentum.

Maize Exports

Exports from Luxembourg

In 2022, the amount of maize exported from Luxembourg plummeted to X tons, falling by -21% compared with the previous year's figure. Overall, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 333% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, maize exports shrank to $X in 2022. In general, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 64% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for maize exports from Luxembourg, accounting for a 83% share of total exports. Moreover, maize exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +33.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-1.4% per year) and Belgium (+13.1% per year).

In value terms, Germany ($X) remains the key foreign market for maize exports from Luxembourg, comprising 81% of total exports. The second position in the ranking was taken by Belgium ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+10.3% per year) and the Netherlands (-3.1% per year).

Export Prices by Country

The average maize export price stood at $X per ton in 2022, with an increase of 12% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2013 an increase of 105%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands ($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 the Netherlands (-1.8%), while the prices for the other major destinations experienced a decline.

Maize Imports

Imports into Luxembourg

In 2022, the amount of maize imported into Luxembourg contracted dramatically to X tons, which is down by -38.9% on the year before. Overall, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 69% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then contracted markedly in the following year.

In value terms, maize imports contracted to $X in 2022. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 53%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest maize supplier to Luxembourg, accounting for a 77% share of total imports. Moreover, maize imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The Netherlands (X tons) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+21.3% per year) and the Netherlands (-3.1% per year).

In value terms, France ($X) constituted the largest supplier of maize to Luxembourg, comprising 44% of total imports. The second position in the ranking was held by Belgium ($X), with a 19% share of total imports. It was followed by Germany, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from France stood at +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+2.5% per year) and Germany (+26.5% per year).

Import Prices by Country

The average maize import price stood at $X per ton in 2022, with an increase of 50% against the previous year. Over the period under review, the import price, however, showed a mild contraction. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, 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 Belgium ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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