Key Market Indicators
Luxembourg's imports of sheep are projected to drop 6.2% on average year-on-year to reach $9,330 by 2026. Since 2004, demand for the animals has increased by 0.8% annually. Luxembourg ranked 74th in 2021 with imports of $13,550, behind Moldova. Qatar, Kuwait, and Israel were the top three importers that year. In 2018, Luxembourg's exports of sheep skyrocketed 398.6% from the previous year to reach $20,460. That year, the country ranked 55th, behind Kyrgyzstan. Spain, Australia, and Jordan were the top three exporters.