Report Update Jan 1, 2025

Luxembourg - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights

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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) :

What are the largest markets for sweet potatoes in the world?

China constituted the country with the largest volume of sweet potato consumption, accounting for 55% of total volume. Moreover, sweet potato consumption in China exceeded the figures recorded by the second-largest consumer, Malawi, eightfold. The third position in this ranking was occupied by Tanzania, with a 4.6% share.

What are the largest producers of sweet potatoes in the world?

China remains the largest sweet potato producing country worldwide, comprising approx. 56% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Malawi, eightfold. The third position in this ranking was occupied by Tanzania, with a 4.6% share.

What are the leading suppliers of sweet potatoes to Luxembourg?

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

What are the leading importers of sweet potatoes from Luxembourg?

In value terms, France remains the key foreign market for sweet potato exports from Luxembourg, comprising 72% of total exports. The second position in the ranking was occupied by Germany, with a 20% share of total exports.

What is the average export price for sweet potatoes in Luxembourg?

In 2021, the average sweet potato export price amounted to $1,763 per ton, with an increase of 11% against the previous year.

What is the average import price for sweet potatoes in Luxembourg?

In 2021, the average sweet potato import price amounted to $1,719 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the sweet potato market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 122 - Sweet potatoes

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024