Luxembourg: Grape Wine Spirits Market 2024

Grape Wine Spirits Exports

Exports from Luxembourg

In 2022, approx. X litres of spirits obtained from distilled grape wine or grape marc were exported from Luxembourg; jumping by 254% on the year before. Over the period under review, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, grape wine spirits exports skyrocketed to $X in 2022. In general, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X litres) was the main destination for grape wine spirits exports from Luxembourg, accounting for a 52% share of total exports. Moreover, grape wine spirits exports to the Netherlands exceeded the volume sent to the second major destination, Belgium (X litres), twofold. The third position in this ranking was held by France (X litres), with a 19% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to +15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+5.4% per year) and France (+20.4% per year).

In value terms, the Netherlands ($X) remains the key foreign market for spirits obtained from distilled grape wine or grape marc exports from Luxembourg, comprising 62% of total exports. The second position in the ranking was taken by France ($X), with a 21% share of total exports. It was followed by Belgium, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands amounted to +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+27.0% per year) and Belgium (+0.2% per year).

Export Prices by Country

In 2022, the average grape wine spirits export price amounted to $X per litre, dropping by -5.8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 30%. The export price peaked at $X per litre in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per litre), while the average price for exports to Portugal ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Grape Wine Spirits Imports

Imports into Luxembourg

Grape wine spirits imports into Luxembourg dropped slightly to X litres in 2022, declining by -3.4% compared with 2021. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 41%. Over the period under review, imports attained the maximum at X litres in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, grape wine spirits imports dropped to $X in 2022. Overall, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, France (X litres) constituted the largest grape wine spirits supplier to Luxembourg, accounting for a 47% share of total imports. Moreover, grape wine spirits imports from France exceeded the figures recorded by the second-largest supplier, Italy (X litres), twofold. Portugal (X litres) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from France totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.8% per year) and Portugal (-4.3% per year).

In value terms, France ($X) constituted the largest supplier of spirits obtained from distilled grape wine or grape marc to Luxembourg, comprising 67% of total imports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from France stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-1.4% per year) and Italy (+2.5% per year).

Import Prices by Country

The average grape wine spirits import price stood at $X per litre in 2022, declining by -8.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2020 when the average import price increased by 21% against the previous year. Over the period under review, average import prices attained the peak figure at $X per litre in 2021, and then fell 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 France ($X per litre), while the price for Cabo Verde ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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