Luxembourg: Potato Chips Market 2025

Potato Chips Market Size in Luxembourg

The Luxembourg potato chips market shrank to $X in 2022, reducing by -14.3% 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). Over the period under review, consumption continues to indicate a slight decline. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Potato Chips Exports

Exports from Luxembourg

In 2022, shipments abroad of potato chips increased by 33% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 93% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, potato chips exports reduced to $X in 2022. In general, exports showed strong growth. The growth pace was the most rapid in 2016 with an increase of 189% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

France (X tons) was the main destination for potato chips exports from Luxembourg, accounting for a 76% share of total exports. Moreover, potato chips exports to France exceeded the volume sent to the second major destination, Belgium (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+12.2% per year) and Germany (+18.9% per year).

In value terms, France ($X), Belgium ($X) and Germany ($X) constituted the largest markets for potato chips exported from Luxembourg worldwide, with a combined 100% share of total exports.

Germany, with a CAGR of +19.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average potato chips export price amounted to $X per ton, which is down by -29.3% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 128%. As a result, the export price attained the peak level of $X per ton. From 2017 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 ($X per ton), while the average price for exports to France ($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 Belgium (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Potato Chips Imports

Imports into Luxembourg

In 2022, purchases abroad of potato chips increased by 8% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 26%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, potato chips imports shrank to $X in 2022. In general, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by +0.4% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 25%. Over the period under review, imports attained the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest potato chips supplier to Luxembourg, with a 54% share of total imports. Moreover, potato chips imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.5% per year) and the Netherlands (-10.4% per year).

In value terms, the largest potato chips suppliers to Luxembourg were Belgium ($X), the Netherlands ($X) and Germany ($X), together accounting for 80% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +5.8%, recorded the highest rates of growth with regard to the value of imports, 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 potato chips import price amounted to $X per ton, dropping by -15.8% against the previous year. Overall, the import price, however, saw a noticeable increase. The pace of growth was the most pronounced in 2019 an increase of 35%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then fell rapidly in the following year.

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 the Netherlands ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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