Preserved Sauerkraut Price in Luxembourg - 2023
Contents:
- Preserved Sauerkraut Price in Luxembourg (CIF) - 2023
- Preserved Sauerkraut Price in Luxembourg (FOB) - 2022
- Preserved Sauerkraut Imports in Luxembourg
- Preserved Sauerkraut Exports in Luxembourg
Preserved Sauerkraut Price in Luxembourg (CIF) - 2023
The average preserved sauerkraut import price stood at $5,036 per ton in August 2023, with a decrease of -4.1% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 14% against the previous month. Over the period under review, average import prices attained the peak figure at $5,601 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($5,692 per ton), while the price for Portugal ($2,298 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sauerkraut Price in Luxembourg (FOB) - 2022
In 2022, the average preserved sauerkraut export price amounted to $4,841 per ton, reducing by -11% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 35% against the previous year. As a result, the export price attained the peak level of $5,436 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 Azerbaijan ($8,372 per ton), while the average price for exports to Germany ($4,444 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 Azerbaijan (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sauerkraut Imports in Luxembourg
In 2022, overseas purchases of preserved sauerkraut decreased by -2% to 2.5K tons, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 4.1%. As a result, imports attained the peak of 2.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved sauerkraut imports dropped modestly to $11M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year. As a result, imports attained the peak of $11M, and then dropped slightly in the following year.
| Import of Preserved Sauerkraut in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.5 | 4.7 | 5.1 | 4.8 | 2.2% |
| Belgium | 2.6 | 2.7 | 3.0 | 2.8 | 2.5% |
| Netherlands | 0.6 | 0.7 | 0.8 | 1.2 | 26.0% |
| Germany | 0.7 | 0.9 | 1.0 | 0.9 | 8.7% |
| Italy | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Thailand | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Spain | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
| Total | 9.3 | 10.0 | 11.0 | 10.7 | 4.8% |
Top Suppliers of Preserved Sauerkraut to Luxembourg in 2022:
- Belgium (916.5 tons)
- France (851.2 tons)
- Germany (242.8 tons)
- Netherlands (192.4 tons)
- Italy (77.7 tons)
- Thailand (52.2 tons)
- Spain (43.5 tons)
Preserved Sauerkraut Exports in Luxembourg
Preserved sauerkraut exports from Luxembourg surged to 100 tons in 2022, growing by 25% on 2021 figures. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved sauerkraut exports amounted to $485K in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Preserved Sauerkraut in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 122 | 130 | 199 | 240 | 25.3% |
| Belgium | 123 | 103 | 176 | 184 | 14.4% |
| Germany | 20.1 | 25.5 | 33.4 | 42.5 | 28.4% |
| Azerbaijan | 11.6 | 4.3 | 9.8 | 18.9 | 17.7% |
| United Kingdom | N/A | 8.6 | N/A | N/A | 0% |
| Others | 0.1 | 12.5 | 17.5 | N/A | 1222.9% |
| Total | 277 | 284 | 435 | 485 | 20.5% |
Top Export Markets for Preserved Sauerkraut from Luxembourg in 2022:
- France (52.2 tons)
- Belgium (36.2 tons)
- Germany (9.6 tons)
- Azerbaijan (2.3 tons)
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