Broken Rice Price in Luxembourg - 2023
Contents:
- Broken Rice Price in Luxembourg (CIF) - 2022
- Broken Rice Price in Luxembourg (FOB) - 2022
- Broken Rice Imports in Luxembourg
- Broken Rice Exports in Luxembourg
Broken Rice Price in Luxembourg (CIF) - 2022
The average broken rice import price stood at $1,210 per ton in 2022, falling by -22.7% against the previous year. Overall, the import price recorded a perceptible downturn. The growth pace was the most rapid in 2018 an increase of 16%. Over the period under review, average import prices reached the peak figure at $1,569 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($7,122 per ton), while the price for France ($703 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Broken Rice Price in Luxembourg (FOB) - 2022
In 2022, the average broken rice export price amounted to $373 per ton, with a decrease of -29.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2013 an increase of 123%. As a result, the export price reached the peak level of $2,186 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($839 per ton), while the average price for exports to France ($282 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 the Netherlands (+6.8%), while the prices for the other major destinations experienced a decline.
Broken Rice Imports in Luxembourg
Broken rice imports into Luxembourg rose sharply to 139 tons in 2022, increasing by 5.7% compared with the previous year. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, broken rice imports fell notably to $168K in 2022. In general, imports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, imports reached the peak of $205K, and then shrank remarkably in the following year.
| Import of Broken Rice in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 131 | 139 | 183 | 112 | -5.1% |
| France | 38.7 | 0.6 | 0.7 | 45.8 | 5.8% |
| Netherlands | 16.8 | 26.8 | 21.8 | 6.7 | -26.4% |
| Others | 17.9 | N/A | 0.1 | 3.8 | -40.3% |
| Total | 205 | 166 | 205 | 168 | -6.4% |
Top Suppliers of Broken Rice to Luxembourg in 2022:
- Belgium (70.5 tons)
- France (65.2 tons)
- Netherlands (1.7 tons)
Broken Rice Exports in Luxembourg
After two years of decline, overseas shipments of broken rice increased by 219% to 4.2 tons in 2022. Over the period under review, exports showed a perceptible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, broken rice exports soared to $1.6K in 2022. In general, exports, however, saw a precipitous setback.
| Export of Broken Rice in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 175 | N/A | N/A | 1,147 | 87.1% |
| France | 246 | 653 | 241 | 226 | -2.8% |
| Belgium | 1,272 | 1,790 | 454 | 196 | -46.4% |
| Italy | 1,727 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3,420 | 2,443 | 695 | 1,569 | -22.9% |
Top Export Markets for Broken Rice from Luxembourg in 2022:
- Netherlands (3.2 tons)
- France (0.8 tons)
- Belgium (0.2 tons)
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