Key Market Indicators
Luxembourg's chocolate exports are expected to drop by less than 1% to around $8 million by 2026, compared to 2021's $8.5 million. This average yearly decrease of 0.9% is a smaller decline than the 7.3% increase seen since 2004. In 2021, Luxembourg ranked as number 72, with Jordan overtaking at $8.5 million. Belgium, Italy and the Netherlands were the top three in this ranking. Meanwhile, Luxembourg's chocolate imports are forecast to grow by 1.2% to reach around $78 million by 2026, compared to 2021's $72.5 million. This yearly average growth of 5% is lower than the 5% growth seen since 2004. In 2021, Luxembourg was in 58th place, with Azerbaijan coming ahead at $72.5 million. Germany, France and the UK were the top three in this ranking.
Luxembourg Chocolate Market Data and Forecasts
How much will Luxembourg Chocolate Market grow to 2026?
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