Crispbread Price in Lithuania - 2023

Contents:

  1. Crispbread Price in Lithuania (FOB) - 2023
  2. Crispbread Price in Lithuania (CIF) - 2022
  3. Crispbread Exports in Lithuania
  4. Crispbread Imports in Lithuania

Crispbread Price in Lithuania (FOB) - 2023

The average crispbread export price stood at $5,342 per ton in September 2023, dropping by -2.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in April 2023 an increase of 9.1% m-o-m. The export price peaked at $5,793 per ton in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Latvia ($6,163 per ton), while the average price for exports to the United States ($2,574 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 Germany (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Crispbread Price in Lithuania (CIF) - 2022

In 2022, the average crispbread import price amounted to $3,442 per ton, growing by 4.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 11%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($7,561 per ton), while the price for Austria ($2,443 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Crispbread Exports in Lithuania

In 2022, the amount of crispbread exported from Lithuania fell to 1.7K tons, which is down by -5.9% against the year before. Over the period under review, exports saw a abrupt decrease.

In value terms, crispbread exports fell to $7.4M in 2022. Overall, exports continue to indicate a perceptible decrease. The smallest decline of -1% was in 2020.

Export of Crispbread in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1,8001,2341,1971,400-8.0%
Latvia857862847776-3.3%
Denmark1,4831,318914743-20.6%
Poland32.1164257548157.5%
Estonia4535174985083.9%
Germany715838427451-14.2%
United States19732123237624.0%
United Kingdom2553422583015.7%
Czech Republic81.520527425846.8%
Finland291296307239-6.4%
Australia358404748198-17.9%
Israel215151275188-4.4%
Norway222165201178-7.1%
Others1,4481,5051,6671,267-4.4%
Total8,4078,3238,1037,433-4.0%

Top Export Markets for Crispbread from Lithuania in 2022:

  1. Sweden (318.8 tons)
  2. Latvia (179.7 tons)
  3. Denmark (145.4 tons)
  4. Germany (138.7 tons)
  5. Poland (114.6 tons)
  6. Estonia (104.0 tons)
  7. United States (101.9 tons)
  8. United Kingdom (79.9 tons)
  9. Finland (54.0 tons)
  10. Czech Republic (51.8 tons)
  11. Norway (43.6 tons)
  12. Israel (41.6 tons)
  13. Australia (33.6 tons)

Crispbread Imports in Lithuania

In 2022, the amount of crispbread imported into Lithuania expanded notably to 283 tons, surging by 8.2% on 2021 figures. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 8.5%. As a result, imports attained the peak of 292 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, crispbread imports expanded markedly to $975K in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Crispbread in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia3434073523823.7%
Poland16117518327719.8%
Germany68.311486.076.13.7%
Bulgaria59.437.447.873.77.5%
Italy98.169.168.770.5-10.4%
Austria39.922.522.427.0-12.2%
Netherlands0.29.734.422.9385.6%
Others16.141.367.546.242.1%
Total7868758629757.4%

Top Suppliers of Crispbread to Lithuania in 2022:

  1. Latvia (137.4 tons)
  2. Poland (69.3 tons)
  3. Germany (25.0 tons)
  4. Bulgaria (18.7 tons)
  5. Austria (11.1 tons)
  6. Italy (9.3 tons)
  7. Netherlands (6.3 tons)

Source: IndexBox Market Intelligence Platform

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