Lithuania - Hen Eggs - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Lithuania - Hen Eggs - Market Analysis, Forecast, Size, Trends and Insights

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Chicken Egg Price in Lithuania - 2023

Contents:

  1. Chicken Egg Price in Lithuania (CIF) - 2023
  2. Chicken Egg Price in Lithuania (FOB) - 2023
  3. Chicken Egg Imports in Lithuania
  4. Chicken Egg Exports in Lithuania

Chicken Egg Price in Lithuania (CIF) - 2023

In October 2023, the average chicken egg import price amounted to $2,234 per ton, standing approximately at the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 13% month-to-month. The import price peaked at $2,825 per ton in March 2023; however, from April 2023 to October 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the highest price was recorded for prices from Poland ($2,348 per ton) and Latvia ($2,226 per ton), while the price for Estonia ($1,587 per ton) and Denmark ($2,099 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Latvia (+1.1%), while the prices for the other major suppliers experienced a decline.

Chicken Egg Price in Lithuania (FOB) - 2023

In October 2023, the average chicken egg export price amounted to $2,067 per ton, dropping by -2.8% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 26% m-o-m. As a result, the export price attained the peak level of $2,482 per ton. From July 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Estonia ($2,617 per ton), while the average price for exports to Poland ($1,020 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Chicken Egg Imports in Lithuania

In 2022, purchases abroad of chicken eggs increased by 44% to 13K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a perceptible shrinkage.

In value terms, chicken egg imports soared to $26M in 2022. In general, imports continue to indicate a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chicken Egg in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia10.010.29.618.422.5%
Poland5.62.43.24.4-7.7%
FinlandN/A0.10.31.2246.4%
Denmark1.00.30.40.9-3.5%
EstoniaN/A0.1N/A0.5123.6%
Others1.81.20.40.2-51.9%
Total18.414.413.925.611.6%

Top Suppliers of Chicken Egg to Lithuania in 2022:

  1. Latvia (10.0K tons)
  2. Poland (1.8K tons)
  3. Denmark (0.6K tons)
  4. Finland (0.6K tons)
  5. Estonia (0.3K tons)

Chicken Egg Exports in Lithuania

Chicken egg exports from Lithuania reduced slightly to 14K tons in 2022, which is down by -2% compared with the year before. In general, exports showed a slight slump. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year.

In value terms, chicken egg exports surged to $23M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Chicken Egg in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia7.25.79.219.138.4%
Poland2.73.26.53.03.6%
Estonia1.91.52.61.0-19.3%
Hungary0.90.40.30.1-51.9%
Germany1.22.20.1N/A-71.1%
Denmark1.00.4N/AN/A-60.0%
Others1.41.30.50.2-47.7%
Total16.314.719.123.412.8%

Top Export Markets for Chicken Egg from Lithuania in 2022:

  1. Latvia (12.0K tons)
  2. Poland (1.7K tons)
  3. Estonia (0.5K tons)
  4. Hungary (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chicken egg 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 1062 - Hen eggs

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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