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

Lithuania - Dates - Market Analysis, Forecast, Size, Trends and Insights

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Date Price in Lithuania - 2023

Contents:

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

Date Price in Lithuania (CIF) - 2023

The average date import price stood at $2,790 per ton in September 2023, dropping by -31.6% against the previous month. Over the period under review, import price indicated mild growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.8% 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, date import price increased by +26.4% against July 2023 indices. The most prominent rate of growth was recorded in August 2023 an increase of 85% m-o-m. As a result, import price reached the peak level of $4,081 per ton, and then shrank sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Iran ($6,583 per ton), while the price for Pakistan ($378 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 Iran (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Date Price in Lithuania (FOB) - 2022

In 2022, the average date export price amounted to $2,704 per ton, rising by 9.6% against the previous year. Overall, the export price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 19% against the previous year. The export price peaked at $4,312 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($3,468 per ton), while the average price for exports to Poland ($1,039 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 Belarus (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Date Imports in Lithuania

In 2022, overseas purchases of dates decreased by -11.2% to 889 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 31% against the previous year. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, date imports reduced to $2.1M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 30%. As a result, imports attained the peak of $2.5M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Date in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands35348141451413.3%
Iran518545611431-5.9%
France2644113833317.8%
Germany22731841830410.2%
Latvia1561931791927.2%
Pakistan234348225117-20.6%
Poland11395.8127102-3.4%
TurkeyN/AN/A22.039.981.4%
Belgium25.625.922.219.5-8.7%
Others38.583.151.140.01.3%
Total1,9282,5002,4512,0902.7%

Top Suppliers of Date to Lithuania in 2022:

  1. Iran (222.8 tons)
  2. Netherlands (161.9 tons)
  3. Pakistan (129.2 tons)
  4. France (105.1 tons)
  5. Germany (88.8 tons)
  6. Latvia (70.8 tons)
  7. Turkey (44.0 tons)
  8. Belgium (26.2 tons)
  9. Poland (25.5 tons)

Date Exports in Lithuania

In 2022, shipments abroad of dates decreased by -29.7% to 266 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year.

In value terms, date exports declined sharply to $720K in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year.

Export of Date in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia26644637935610.2%
Belarus190148128140-9.7%
Russia21.017.227.491.563.3%
Estonia13514816770.6-19.4%
Poland30.328.465.628.6-1.9%
Iceland18.039.227.310.8-15.7%
NorwayN/A99.3106N/A6.7%
Others16.50.434.122.711.2%
Total6779269347202.1%

Top Export Markets for Date from Lithuania in 2022:

  1. Latvia (122.4 tons)
  2. Belarus (40.3 tons)
  3. Russia (31.3 tons)
  4. Estonia (28.0 tons)
  5. Poland (27.6 tons)
  6. Iceland (7.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the date 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 577 - Dates

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, HARVESTED AREA 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. 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
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