Lithuania - Spinach - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpinach Price in Lithuania - 2023
Contents:
- Spinach Price in Lithuania (CIF) - 2022
- Spinach Price in Lithuania (FOB) - 2022
- Spinach Imports in Lithuania
- Spinach Exports in Lithuania
Spinach Price in Lithuania (CIF) - 2022
In 2022, the average spinach import price amounted to $2,785 per ton, dropping by -1.5% against the previous year. Overall, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22%. Over the period under review, average import prices attained the maximum at $4,368 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,959 per ton), while the price for Sweden ($1,465 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.0%), while the prices for the other major suppliers experienced a decline.
Spinach Price in Lithuania (FOB) - 2022
The average spinach export price stood at $4,400 per ton in 2022, increasing by 93% against the previous year. Overall, the export price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 116%. Over the period under review, the average export prices hit record highs at $4,897 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Latvia ($5,645 per ton), while the average price for exports to the Netherlands ($107 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 Italy (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Spinach Imports in Lithuania
For the third year in a row, Lithuania recorded decline in overseas purchases of spinach, which decreased by -26.8% to 438 tons in 2022. Over the period under review, imports showed a precipitous decrease. The smallest decline of -1.5% was in 2021.
In value terms, spinach imports reduced notably to $1.2M in 2022. In general, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 20%.
| Import of Spinach in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 868 | 811 | 798 | 644 | -9.5% |
| Poland | 248 | 249 | 385 | 358 | 13.0% |
| Netherlands | 113 | 150 | 258 | 131 | 5.1% |
| Sweden | 29.9 | 60.6 | 17.8 | 31.8 | 2.1% |
| Germany | 137 | 85.7 | 127 | 16.5 | -50.6% |
| Spain | 78.2 | 8.7 | 20.9 | 8.6 | -52.1% |
| Estonia | 309 | 6.4 | N/A | N/A | -97.9% |
| Others | 75.4 | 36.3 | 84.4 | 28.9 | -27.4% |
| Total | 1,858 | 1,407 | 1,691 | 1,219 | -13.1% |
Top Suppliers of Spinach to Lithuania in 2022:
- Poland (210.2 tons)
- Italy (165.0 tons)
- Netherlands (26.3 tons)
- Sweden (21.7 tons)
- Germany (4.9 tons)
- Spain (3.3 tons)
Spinach Exports in Lithuania
Spinach exports from Lithuania shrank significantly to 5.6 tons in 2022, falling by -95.2% compared with the previous year's figure. Over the period under review, exports showed a precipitous decline. The smallest decline of -42% was in 2020.
In value terms, spinach exports fell rapidly to $25K in 2022. Overall, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 2.4% against the previous year.
| Export of Spinach in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 133 | 28.2 | 20.6 | 18.4 | -48.3% |
| Italy | 2.0 | 5.0 | 1.9 | 6.2 | 45.8% |
| Netherlands | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Russia | 46.9 | 63.6 | 107 | N/A | 51.0% |
| Estonia | 90.8 | 3.4 | N/A | N/A | -96.3% |
| Belarus | 469 | 163 | 139 | N/A | -45.6% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 742 | 263 | 269 | 24.7 | -67.8% |
Top Export Markets for Spinach from Lithuania in 2022:
- Latvia (3.3 tons)
- Italy (1.4 tons)
- Netherlands (1.0 tons)
This report provides an in-depth analysis of the spinach market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 373 - Spinach
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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