Luxembourg: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Luxembourg

In 2022, the Luxembourg mixes and doughs market increased by 10% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Mixes and doughs consumption peaked in 2022 and is expected to retain growth in the immediate term.

Mixes And Doughs Exports

Exports from Luxembourg

After three years of growth, overseas shipments of mixes and doughs decreased by -17.4% to X tons in 2022. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 27%. Over the period under review, the exports hit record highs at X tons in 2021, and then fell significantly in the following year.

In value terms, mixes and doughs exports reduced rapidly to $X in 2022. The total export value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 35% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then plummeted in the following year.

Exports by Country

Belgium (X tons) was the main destination for mixes and doughs exports from Luxembourg, accounting for a 92% share of total exports. Moreover, mixes and doughs exports to Belgium exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. France (X tons) ranked third in terms of total exports with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-24.2% per year) and France (-13.1% per year).

In value terms, Belgium ($X) remains the key foreign market for mixes and doughs exports from Luxembourg, comprising 86% of total exports. The second position in the ranking was held by France ($X), with a 6% share of total exports. It was followed by the United States, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-2.5% per year) and the United States (-22.3% per year).

Export Prices by Country

The average mixes and doughs export price stood at $X per ton in 2022, surging by 2.1% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 15% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, 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 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Mixes And Doughs Imports

Imports into Luxembourg

In 2022, the amount of mixes and doughs imported into Luxembourg reduced to X tons, with a decrease of -5.8% compared with 2021. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 9.9%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, mixes and doughs imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main suppliers of mixes and doughs imports to Luxembourg, with a combined 90% share of total imports. Portugal and the Netherlands lagged somewhat behind, together accounting for a further 5.8%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +37.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mixes and doughs suppliers to Luxembourg were Germany ($X), France ($X) and Belgium ($X), with a combined 85% share of total imports. The Netherlands and Portugal lagged somewhat behind, together accounting for a further 7.2%.

The Netherlands, with a CAGR of +33.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average mixes and doughs import price amounted to $X per ton, increasing by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Germany ($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 (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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