Luxembourg: Paddy Rice Market 2025

Paddy Rice Market Size in Luxembourg

The Luxembourg paddy rice market soared to $X in 2021, with an increase of 180% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted significant growth. Paddy rice consumption peaked in 2021 and is likely to continue growth in years to come.

Paddy Rice Exports

Exports from Luxembourg

In 2021, shipments abroad of paddy rice decreased by -29.4% to X kg, falling for the third year in a row after two years of growth. In general, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 226% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, paddy rice exports dropped markedly to $X in 2021. Over the period under review, exports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 239%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X kg) was the main destination for paddy rice exports from Luxembourg, with a 99% share of total exports. It was followed by France (X kg), with a 0.7% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Belgium totaled +17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-11.9% per year) and Germany (-34.5% per year).

In value terms, Belgium ($X) remains the key foreign market for paddy rice exports from Luxembourg, comprising 99% of total exports. The second position in the ranking was taken by France ($X), with a 0.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium stood at +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-12.0% per year) and Germany (-34.6% per year).

Export Prices by Country

In 2021, the average paddy rice export price amounted to $X per ton, picking up by 8.3% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 12% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Paddy Rice Imports

Imports into Luxembourg

Paddy rice imports into Luxembourg surged to X tons in 2021, picking up by 145% on 2020 figures. In general, imports posted significant growth. The pace of growth was the most pronounced in 2019 when imports increased by 221%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, paddy rice imports skyrocketed to $X in 2021. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest paddy rice supplier to Luxembourg, accounting for a 59% share of total imports. Moreover, paddy rice imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +52.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+27.0% per year) and the Netherlands (+118.2% per year).

In value terms, Germany ($X) constituted the largest supplier of paddy rice to Luxembourg, comprising 64% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 10% share of total imports. It was followed by Belgium, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +49.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+106.2% per year) and Belgium (+29.8% per year).

Import Prices by Country

In 2021, the average paddy rice import price amounted to $X per ton, surging by 24% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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