Lithuania - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoffee Extract Price in Lithuania - 2023
Contents:
- Coffee Extract Price in Lithuania (CIF) - 2023
- Coffee Extract Price in Lithuania (FOB) - 2023
- Coffee Extract Imports in Lithuania
- Coffee Extract Exports in Lithuania
Coffee Extract Price in Lithuania (CIF) - 2023
In September 2023, the average coffee extract import price amounted to $8,350 per ton, jumping by 20% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 55% m-o-m. The import price peaked at $10,614 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Denmark ($17,485 per ton), while the price for Estonia ($1,465 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Coffee Extract Price in Lithuania (FOB) - 2023
The average coffee extract export price stood at $10,734 per ton in September 2023, with a decrease of -32.5% against the previous month. Over the period under review, the export price saw a mild setback. The pace of growth appeared the most rapid in July 2023 an increase of 52% month-to-month. Over the period under review, the average export prices attained the maximum at $17,768 per ton in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($19,892 per ton), while the average price for exports to Sweden ($4,123 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Coffee Extract Imports in Lithuania
In 2022, approx. 4.5K tons of coffee extracts, essences and concentrates were imported into Lithuania; growing by 4% compared with the previous year. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 9.4% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, coffee extract imports reached $35M in 2022. The total import value increased at an average annual rate of +10.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Coffee Extract in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 0.5 | 2.4 | 9.3 | 214.1% |
| Poland | 4.5 | 5.0 | 5.6 | 5.7 | 8.2% |
| Czech Republic | 2.0 | 0.9 | 1.6 | 4.7 | 33.0% |
| Hungary | 2.3 | 2.4 | 2.5 | 3.2 | 11.6% |
| Denmark | 1.6 | 1.9 | 2.4 | 1.9 | 5.9% |
| United Kingdom | N/A | N/A | 1.2 | 1.8 | 50.0% |
| Brazil | 1.1 | 0.9 | 1.1 | 1.5 | 10.9% |
| Latvia | 0.4 | 1.0 | 1.6 | 1.4 | 51.8% |
| Spain | 0.8 | 0.6 | 0.7 | 1.4 | 20.5% |
| Switzerland | N/A | N/A | N/A | 1.3 | 0% |
| Austria | N/A | 0.9 | 3.1 | 1.2 | 15.5% |
| Netherlands | 9.0 | 9.8 | 6.0 | 0.1 | -77.7% |
| Slovakia | 1.1 | 0.5 | 0.5 | N/A | -32.6% |
| Others | 2.2 | 1.4 | 1.6 | 1.2 | -18.3% |
| Total | 25.4 | 25.9 | 30.2 | 34.5 | 10.7% |
Top Suppliers of Coffee Extract to Lithuania in 2022:
- Czech Republic (952.4 tons)
- Hungary (894.2 tons)
- Poland (818.7 tons)
- Germany (713.5 tons)
- Latvia (194.9 tons)
- Brazil (176.7 tons)
- Denmark (161.4 tons)
- United Kingdom (130.8 tons)
- Spain (128.9 tons)
- Austria (91.0 tons)
- Switzerland (69.4 tons)
- Netherlands (8.4 tons)
Coffee Extract Exports in Lithuania
In 2022, overseas shipments of coffee extracts, essences and concentrates were finally on the rise to reach 2.4K tons after two years of decline. The total export volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, coffee extract exports rose significantly to $33M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Coffee Extract in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 14.7 | 14.4 | 14.4 | 17.7 | 6.4% |
| Estonia | 7.3 | 7.0 | 7.0 | 6.8 | -2.3% |
| Poland | 1.0 | 0.7 | 1.6 | 2.9 | 42.6% |
| Ukraine | N/A | N/A | 0.1 | 1.1 | 1000.0% |
| Russia | 1.5 | 1.8 | 0.8 | 1.0 | -12.6% |
| Netherlands | 1.1 | 1.1 | 3.2 | 0.5 | -23.1% |
| United Kingdom | 0.8 | 0.9 | 0.3 | 0.1 | -50.0% |
| Others | 1.4 | 1.3 | 1.3 | 2.7 | 24.5% |
| Total | 27.8 | 27.3 | 28.5 | 32.6 | 5.5% |
Top Export Markets for Coffee Extract from Lithuania in 2022:
- Latvia (1184.4 tons)
- Estonia (546.3 tons)
- Poland (333.7 tons)
- Ukraine (80.8 tons)
- Russia (56.4 tons)
- Netherlands (20.3 tons)
- United Kingdom (15.5 tons)
This report provides an in-depth analysis of the coffee extract 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:
- Prodcom 10831210 - Coffee substitutes containing coffee
- Prodcom 10831240 - Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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