Luxembourg - Olive Oil And Its Fractions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOlive Oil Price in Luxembourg - 2021
Contents:
- Olive Oil Price in Luxembourg (CIF) - 2021
- Olive Oil Price in Luxembourg (FOB) - 2022
- Olive Oil Imports in Luxembourg
- Olive Oil Exports in Luxembourg
Olive Oil Price in Luxembourg (CIF) - 2021
The average olive oil import price stood at $4,832 per ton in November 2021, with an increase of 3.8% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2021 when the average import price increased by 38% against the previous month. As a result, import price attained the peak level of $5,858 per ton. From September 2021 to November 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,205 per ton), while the price for Spain ($2,895 per ton) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Olive Oil Price in Luxembourg (FOB) - 2022
In 2022, the average olive oil export price amounted to $6,140 per ton, with an increase of 2.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 38% against the previous year. As a result, the export price attained the peak level of $8,087 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($12,751 per ton), while the average price for exports to Belgium ($5,552 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 France (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Olive Oil Imports in Luxembourg
In 2022, imports of olive oil and its fractions into Luxembourg was estimated at 1.4K tons, leveling off at 2021. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 0.5%. As a result, imports attained the peak of 1.4K tons; afterwards, it flattened through to 2022.
In value terms, olive oil imports fell slightly to $6.9M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 5.5% against the previous year. As a result, imports reached the peak of $7.1M, and then dropped modestly in the following year.
| Import of Olive Oil in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,522 | 1,629 | 1,833 | 1,726 | 4.3% |
| Belgium | 1,218 | 1,636 | 1,747 | 1,645 | 10.5% |
| Portugal | 1,499 | 1,456 | 1,331 | 1,354 | -3.3% |
| France | 793 | 784 | 878 | 827 | 1.4% |
| Spain | 836 | 452 | 436 | 546 | -13.2% |
| Germany | 332 | 350 | 341 | 323 | -0.9% |
| Greece | 165 | 250 | 264 | 248 | 14.5% |
| Others | 134 | 129 | 229 | 204 | 15.0% |
| Total | 6,499 | 6,687 | 7,058 | 6,872 | 1.9% |
Top Suppliers of Olive Oil to Luxembourg in 2022:
- Belgium (369.0 tons)
- Portugal (358.1 tons)
- Italy (299.6 tons)
- Spain (157.0 tons)
- France (138.2 tons)
- Germany (47.2 tons)
- Greece (30.9 tons)
Olive Oil Exports in Luxembourg
In 2022, olive oil exports from Luxembourg declined rapidly to 70 tons, with a decrease of -17% against 2021 figures. Overall, exports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of 85 tons, and then contracted markedly in the following year.
In value terms, olive oil exports fell to $432K in 2022. Over the period under review, exports showed a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 41%. As a result, the exports reached the peak of $506K, and then contracted in the following year.
| Export of Olive Oil in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 168 | 145 | 248 | 209 | 7.6% |
| France | 266 | 169 | 197 | 175 | -13.0% |
| Azerbaijan | 14.5 | 18.6 | 22.3 | 18.8 | 9.0% |
| Germany | 18.2 | 16.0 | 22.3 | 18.8 | 1.1% |
| Others | 14.4 | 9.7 | 16.6 | 10.4 | -10.3% |
| Total | 482 | 359 | 506 | 432 | -3.6% |
Top Export Markets for Olive Oil from Luxembourg in 2022:
- Belgium (37.7 tons)
- France (28.5 tons)
- Germany (2.0 tons)
- Azerbaijan (1.5 tons)
This report provides an in-depth analysis of the olive oil 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 261 - Oil of Olives, Virgin
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the olive oil market in Luxembourg.
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This report provides an in-depth analysis of the olive oil market in Luxembourg.
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This report provides an in-depth analysis of the virgin olive oil market in Luxembourg.
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This report provides an in-depth analysis of the refined olive oil market in Luxembourg.
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The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
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