Price for Flour, Meal, and Flakes of Potatoes in Lithuania - 2023

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Lithuania (CIF) - 2023
2. Price for Flour, Meal, and Flakes of Potatoes in Lithuania (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Lithuania
4. Exports of Flour, Meal, and Flakes of Potatoes in Lithuania

Price for Flour, Meal, and Flakes of Potatoes in Lithuania (CIF) - 2023

In September 2023, the average import price for flour, meal, and flakes of potatoeses amounted to $1,151 per ton, dropping by -11% against the previous month. In general, the import price recorded a perceptible slump. The growth pace was the most rapid in April 2023 when the average import price increased by 28% m-o-m. Over the period under review, average import prices hit record highs at $1,845 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($1,269 per ton), while the price for the Netherlands ($1,019 per ton) was amongst the lowest.

From November 2022 to September 2023, 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.

Price for Flour, Meal, and Flakes of Potatoes in Lithuania (FOB) - 2022

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $22,232 per ton, jumping by 1,038% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($35,269 per ton), while the average price for exports to Latvia ($1,691 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 Russia (+37.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in Lithuania

Imports of flour, meal, and flakes of potatoeses into Lithuania skyrocketed to 2.4K tons in 2022, jumping by 71% on 2021. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of flour, meal, and flakes of potatoeses soared to $3.3M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Lithuania in 2022:

1. Poland (973.2 tons)
2. Netherlands (799.0 tons)
3. Germany (391.9 tons)
4. Belgium (80.0 tons)
5. Finland (49.4 tons)
6. Estonia (46.6 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Lithuania

In 2022, overseas shipments of flour, meal, and flakes of potatoeses were finally on the rise to reach 80 tons after two years of decline. In general, exports, however, saw a abrupt descent.

In value terms, exports of flour, meal, and flakes of potatoeses skyrocketed to $1.8M in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Lithuania in 2022:

1. Russia (48.4 tons)
2. Estonia (17.3 tons)
3. Latvia (12.8 tons)
4. United Kingdom (1.4 tons)

Source: IndexBox Market Intelligence Platform