Concentrated Orange Juice Price in Lithuania - 2023
Contents:
- Concentrated Orange Juice Price in Lithuania (CIF) - 2023
- Concentrated Orange Juice Price in Lithuania (FOB) - 2022
- Concentrated Orange Juice Imports in Lithuania
- Concentrated Orange Juice Exports in Lithuania
Concentrated Orange Juice Price in Lithuania (CIF) - 2023
In September 2023, the average concentrated orange juice import price amounted to $3,137 per ton, rising by 14% against the previous month. Overall, import price indicated a prominent expansion from September 2022 to September 2023: its price increased at an average monthly rate of +6.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, concentrated orange juice import price increased by +2.1% against June 2023 indices. The most prominent rate of growth was recorded in October 2022 an increase of 78% month-to-month. The import price peaked in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,216 per ton), while the price for Poland ($2,284 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 Germany (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Concentrated Orange Juice Price in Lithuania (FOB) - 2022
The average concentrated orange juice export price stood at $2,527 per ton in 2022, growing by 17% against the previous year. In general, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 108%. Over the period under review, the average export prices attained the peak figure at $4,294 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($3,279 per ton), while the average price for exports to Israel ($502 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 Afghanistan (+48.3%), while the prices for the other major destinations experienced more modest paces of growth.
Concentrated Orange Juice Imports in Lithuania
In 2022, imports of concentrated orange juice into Lithuania soared to 999 tons, rising by 35% compared with 2021 figures. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, concentrated orange juice imports soared to $1.8M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Concentrated Orange Juice in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 943 | 855 | 975 | 952 | 0.3% |
| Poland | 275 | 314 | 186 | 419 | 15.1% |
| Germany | 213 | 164 | 142 | 259 | 6.7% |
| Italy | 0.1 | 24.3 | 19.0 | 82.2 | 836.8% |
| Latvia | 38.0 | 60.7 | 66.1 | 63.6 | 18.7% |
| Austria | 76.9 | 18.0 | N/A | 8.0 | -53.0% |
| Others | 42.0 | 37.9 | 57.7 | 57.2 | 10.8% |
| Total | 1,588 | 1,474 | 1,445 | 1,842 | 5.1% |
Top Suppliers of Concentrated Orange Juice to Lithuania in 2022:
- Netherlands (500.3 tons)
- Poland (378.8 tons)
- Germany (54.1 tons)
- Italy (28.1 tons)
- Latvia (19.1 tons)
- Austria (3.1 tons)
Concentrated Orange Juice Exports in Lithuania
For the fourth consecutive year, Lithuania recorded growth in overseas shipments of concentrated orange juice, which increased by 94% to 48 tons in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, concentrated orange juice exports surged to $122K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Concentrated Orange Juice in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.8 | N/A | 6.8 | 92.3 | 167.9% |
| Latvia | 25.8 | 23.7 | 9.6 | 14.5 | -17.5% |
| Estonia | N/A | 5.3 | 11.1 | 10.7 | 42.1% |
| Poland | N/A | N/A | N/A | 1.7 | 0% |
| Mongolia | N/A | N/A | N/A | 1.4 | 0% |
| Israel | N/A | N/A | N/A | 0.8 | 0% |
| China | N/A | 27.0 | N/A | N/A | 0% |
| Uzbekistan | N/A | N/A | 21.9 | N/A | 0% |
| United Kingdom | 1.4 | 2.7 | 0.6 | N/A | -34.5% |
| Afghanistan | N/A | 5.5 | 3.8 | N/A | -30.9% |
| Others | N/A | 1.1 | 0.2 | 0.6 | -26.1% |
| Total | 32.1 | 65.4 | 53.8 | 122 | 56.1% |
Top Export Markets for Concentrated Orange Juice from Lithuania in 2022:
- Russia (35.0 tons)
- Latvia (4.6 tons)
- Estonia (3.3 tons)
- Mongolia (1.8 tons)
- Israel (1.5 tons)
- Poland (1.5 tons)
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