Key Market Indicators
The country came in number 40 in 2021, while Serbia came ahead with $2,250,300. France, Germany and the Netherlands respectively came in numbers 2, 3 and 4 in this ranking. Luxembourg's whey exports are projected to hit $424 million by 2026, up 1.8% annually since 2021. Since 2004, exports have risen 6% each year. Luxembourg ranked 61st in 2021, with Serbia coming in first at $378 million. France, Germany, and the Netherlands took the next three spots. Meanwhile, Luxembourg's whey imports are expected to reach $2.5 billion by 2026, with a 1.7% average yearly increase since 2021. Since 2004, imports have grown 5.7% annually. Luxembourg ranked 40th in 2021, with Serbia at the top with $2.25 billion. France, Germany, and the Netherlands followed.