Luxembourg: Sweet Potato Market 2025

Sweet Potato Market Size in Luxembourg

For the tenth year in a row, the Luxembourg sweet potato market recorded growth in sales value, which increased by 8.4% to $X in 2021. Overall, consumption continues to indicate a significant expansion. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Sweet Potato Exports

Exports from Luxembourg

After five years of growth, overseas shipments of sweet potatoes decreased by -6.5% to X tons in 2021. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, sweet potato exports expanded slightly to $X in 2021. Overall, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

France (X tons) was the main destination for sweet potato exports from Luxembourg, accounting for a 70% share of total exports. Moreover, sweet potato exports to France exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was taken by Oman (X tons), with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+16.4% per year) and Oman (+89.5% per year).

In value terms, France ($X) remains the key foreign market for sweet potatoes exports from Luxembourg, comprising 57% of total exports. The second position in the ranking was taken by Oman ($X), with a 21% share of total exports. It was followed by Germany, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+154.5% per year) and Germany (+8.5% per year).

Export Prices by Country

In 2021, the average sweet potato export price amounted to $X per ton, with an increase of 11% against the previous year. Over the period under review, the export price, however, saw a perceptible reduction. The pace of growth appeared the most rapid in 2014 an increase of 12% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, 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 Oman ($X per ton), while the average price for exports to Germany ($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 Oman (+34.2%), while the prices for the other major destinations experienced mixed trend patterns.

Sweet Potato Imports

Imports into Luxembourg

For the tenth consecutive year, Luxembourg recorded growth in overseas purchases of sweet potatoes, which increased by 8.3% to X tons in 2021. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2014 when imports increased by 55% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, sweet potato imports stood at $X in 2021. In general, imports showed significant growth. The growth pace was the most rapid in 2014 when imports increased by 56% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Belgium (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of sweet potato imports to Luxembourg, with a combined 94% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +34.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet potato suppliers to Luxembourg were Belgium ($X), France ($X) and the Netherlands ($X), together accounting for 94% of total imports.

Belgium, with a CAGR of +30.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sweet potato import price stood at $X per ton in 2021, approximately equating the previous year. Overall, the import price saw a mild curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 3.4%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the Netherlands ($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 (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :