Report Update: Apr 26, 2024

Lithuania - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Chili and Pepper Price in Lithuania - 2023

Chili and Pepper Price in Lithuania (CIF) - 2023

The average chili and pepper import price stood at $1,631 per ton in August 2023, remaining stable against the previous month. Over the period under review, the import price, however, showed a mild expansion. The pace of growth was the most pronounced in February 2023 an increase of 45% against the previous month. Over the period under review, average import prices attained the peak figure at $3,402 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($7,922 per ton), while the price for Poland ($1,360 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Chili and Pepper Price in Lithuania (FOB) - 2023

The average chili and pepper export price stood at $1,564 per ton in August 2023, growing by 6.8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 38% against the previous month. The export price peaked at $3,430 per ton in March 2023; however, from April 2023 to August 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($2,715 per ton), while the average price for exports to Poland ($1,389 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Chili and Pepper Imports in Lithuania

In 2022, the amount of chilies and peppers (green) imported into Lithuania dropped sharply to 7.3K tons, with a decrease of -16% against 2021 figures. Over the period under review, imports showed a deep contraction. The smallest decline of -9.4% was in 2020.

In value terms, chili and pepper imports dropped to $14M in 2022. Overall, imports recorded a abrupt setback. The smallest decline of -1% was in 2020.

Import of Chili and Pepper in Lithuania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	7.1	6.7	6.7	5.6	-7.6%
Spain	4.7	4.7	4.2	2.7	-16.9%
Germany	1.6	1.6	1.9	2.1	9.5%
Poland	1.5	1.8	1.4	1.6	2.2%
Latvia	0.7	1.1	1.3	1.0	12.6%
Italy	0.7	0.6	0.7	0.6	-5.0%
Others	0.5	0.2	0.1	0.2	-26.3%
Total	16.8	16.6	16.3	13.9	-6.1%

Top Suppliers of Chili and Pepper to Lithuania in 2022:

Netherlands (2.9K tons)
Spain (1.5K tons)
Poland (1.3K tons)
Germany (0.8K tons)
Latvia (0.4K tons)
Italy (0.3K tons)

Chili and Pepper Exports in Lithuania

For the third year in a row, Lithuania recorded decline in shipments abroad of chilies and peppers (green), which decreased by -50.5% to 1.2K tons in 2022. Over the period under review, exports continue to indicate a sharp descent. The smallest decline of -24.6% was in 2020.

In value terms, chili and pepper exports shrank significantly to $2.5M in 2022. Overall, exports recorded a dramatic decline. The smallest decline of -16.5% was in 2020.

Export of Chili and Pepper in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	5,574	5,293	3,231	1,545	-34.8%
Latvia	608	544	533	486	-7.2%
Russia	1,255	365	227	215	-44.5%
Spain	26.5	64.0	90.9	124	67.3%
Netherlands	1.7	9.4	4.7	65.9	238.4%
Poland	4.8	0.5	15.1	23.6	70.0%
Others	161	98.5	116	12.0	-57.9%
Total	7,631	6,375	4,218	2,472	-31.3%

Top Export Markets for Chili and Pepper from Lithuania in 2022:

Belarus (762.0 tons)
Latvia (233.1 tons)
Russia (77.6 tons)
Spain (73.9 tons)
Netherlands (38.3 tons)
Poland (30.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chili and pepper 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 401 - Chillies and peppers (green)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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. Area Harvested, 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