Luxembourg: Peach And Nectarine Market 2025

Peach And Nectarine Market Size in Luxembourg

After two years of decline, the Luxembourg peach and nectarine market increased by 11% to $X in 2021. The market value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Peach and nectarine consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Peach And Nectarine Exports

Exports from Luxembourg

In 2021, the amount of peaches and nectarines exported from Luxembourg contracted sharply to X tons, dropping by -27.1% compared with 2020 figures. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 221% against the previous year. The exports peaked at X tons in 2020, and then reduced notably in the following year.

In value terms, peach and nectarine exports contracted slightly to $X in 2021. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 188% against the previous year. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Belgium (X tons) was the main destination for peach and nectarine exports from Luxembourg, with a 75% share of total exports. Moreover, peach and nectarine exports to Belgium exceeded the volume sent to the second major destination, France (X tons), sixfold. The third position in this ranking was taken by Germany (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium stood at +60.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.4% per year) and Germany (+14.0% per year).

In value terms, Belgium ($X) remains the key foreign market for peach and nectarine exports from Luxembourg, comprising 64% of total exports. The second position in the ranking was taken by France ($X), with a 17% share of total exports. It was followed by Germany, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium stood at +51.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+11.9% per year) and Germany (+14.9% per year).

Export Prices by Country

The average peach and nectarine export price stood at $X per ton in 2021, increasing by 33% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 50%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Oman ($X per ton), while the average price for exports to Belgium ($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 France (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Peach And Nectarine Imports

Imports into Luxembourg

In 2021, approx. X tons of peaches and nectarines were imported into Luxembourg; which is down by -6.6% against the year before. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 27% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, peach and nectarine imports stood at $X in 2021. The total import value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by 30%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Belgium (X tons), France (X tons) and Italy (X tons) were the main suppliers of peach and nectarine imports to Luxembourg, with a combined 79% share of total imports.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +43.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest peach and nectarine suppliers to Luxembourg were France ($X), Belgium ($X) and Spain ($X), together comprising 84% of total imports. Italy, Portugal and Germany lagged somewhat behind, together accounting for a further 16%.

Italy, with a CAGR of +36.6%, saw 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 2021, the average peach and nectarine import price amounted to $X per ton, growing by 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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