Mandarins Price in Luxembourg - 2023

Contents:

  1. Mandarins Price in Luxembourg (CIF) - 2022
  2. Mandarins Price in Luxembourg (FOB) - 2022
  3. Mandarins Imports in Luxembourg
  4. Mandarins Exports in Luxembourg

Mandarins Price in Luxembourg (CIF) - 2022

The average mandarins import price stood at $2,120 per ton in 2022, dropping by -10.7% against the previous year. Overall, the import price showed a slight decrease. The pace of growth was the most pronounced in 2020 when the average import price increased by 11%. The import price peaked at $2,374 per ton in 2021, and then fell in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($2,401 per ton) and Spain ($2,068 per ton), while the price for Italy ($1,874 per ton) and Belgium ($1,985 per ton) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.3%), while the prices for the other major suppliers experienced a decline.

Mandarins Price in Luxembourg (FOB) - 2022

In 2022, the average mandarins export price amounted to $2,863 per ton, declining by -11% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 22%. As a result, the export price attained the peak level of $3,218 per ton, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($9,349 per ton), while the average price for exports to the Netherlands ($1,714 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Mandarins Imports in Luxembourg

Mandarins imports into Luxembourg stood at 255 tons in 2022, with an increase of 2.9% on the year before. The total import volume increased at an average annual rate of +7.0% over the period from 2019 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 2020 with an increase of 35%. As a result, imports reached the peak of 282 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mandarins imports reduced to $540K in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 50%. As a result, imports attained the peak of $635K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Mandarins in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2032743392476.8%
France58.314210017544.3%
Spain83.91721281006.0%
Portugal0.20.21.311.0280.3%
Italy36.040.811.74.1-51.5%
Others42.95.77.32.7-60.2%
Total4246355885408.4%

Top Suppliers of Mandarins to Luxembourg in 2022:

  1. Belgium (124.4 tons)
  2. France (72.8 tons)
  3. Spain (48.5 tons)
  4. Portugal (5.6 tons)
  5. Italy (2.2 tons)

Mandarins Exports in Luxembourg

Mandarins exports from Luxembourg declined sharply to 4.3 tons in 2022, with a decrease of -20% against the previous year. Over the period under review, exports saw a dramatic decrease.

In value terms, mandarins exports declined rapidly to $12K in 2022. In general, exports showed a sharp decrease. The smallest decline of -17.6% was in 2020.

Export of Mandarins in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9.3N/AN/A5.1-18.1%
Oman8.1N/AN/A2.8-29.8%
Belgium1.84.63.91.7-1.9%
France4.121.110.11.5-28.5%
Germany13.23.31.50.7-62.4%
Spain0.51.51.60.3-15.7%
Others0.20.20.10.20.0%
Total37.230.717.312.3-30.9%

Top Export Markets for Mandarins from Luxembourg in 2022:

  1. Netherlands (2996.0 kg)
  2. France (356.0 kg)
  3. Belgium (345.0 kg)
  4. Oman (302.0 kg)
  5. Germany (162.0 kg)
  6. Spain (63.0 kg)

Source: IndexBox Market Intelligence Platform

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