Lithuania - Dried Vegetables And Mixtures Of Vegetables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Vegetables Price in Lithuania - 2023
Contents:
- Dried Vegetables Price in Lithuania (CIF) - 2023
- Dried Vegetables Price in Lithuania (FOB) - 2023
- Dried Vegetables Imports in Lithuania
- Dried Vegetables Exports in Lithuania
Dried Vegetables Price in Lithuania (CIF) - 2023
The average dried vegetables import price stood at $3,515 per ton in August 2023, which is down by -12% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 58% m-o-m. As a result, import price attained the peak level of $4,686 per ton. From April 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($6,343 per ton), while the price for China ($2,203 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 France (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Dried Vegetables Price in Lithuania (FOB) - 2023
The average dried vegetables export price stood at $4,635 per ton in August 2023, falling by -21.4% against the previous month. Over the period under review, the export price showed a mild reduction. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 235% m-o-m. As a result, the export price attained the peak level of $10,613 per ton. From February 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($5,220 per ton), while the average price for exports to Kyrgyzstan ($2,131 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 Latvia (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Vegetables Imports in Lithuania
In 2022, approx. 1.1K tons of dried vegetables and mixtures of vegetables were imported into Lithuania; with an increase of 2.5% against the previous year. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports attained the peak of 1.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, dried vegetables imports rose to $3.8M 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 pace of growth appeared the most rapid in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Dried Vegetables in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 830 | 789 | 887 | 1,142 | 11.2% |
| Poland | 602 | 709 | 775 | 756 | 7.9% |
| Italy | 329 | 344 | 284 | 435 | 9.8% |
| Germany | 328 | 270 | 444 | 375 | 4.6% |
| Latvia | 75.4 | 133 | 365 | 299 | 58.3% |
| Egypt | 72.0 | 61.4 | 54.5 | 57.5 | -7.2% |
| Spain | N/A | 0.4 | 9.3 | 55.7 | 1080.0% |
| Others | 535 | 848 | 800 | 663 | 7.4% |
| Total | 2,771 | 3,155 | 3,618 | 3,784 | 10.9% |
Top Suppliers of Dried Vegetables to Lithuania in 2022:
- China (524.6 tons)
- Poland (206.1 tons)
- Latvia (107.7 tons)
- Italy (95.2 tons)
- Germany (52.1 tons)
- Egypt (34.5 tons)
- Spain (18.0 tons)
Dried Vegetables Exports in Lithuania
In 2022, shipments abroad of dried vegetables and mixtures of vegetables decreased by -54.3% to 109 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 55% against the previous year. As a result, the exports reached the peak of 301 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, dried vegetables exports declined rapidly to $436K in 2022. Overall, exports, however, posted perceptible growth. The pace of growth was the most pronounced in 2021 when exports increased by 102% against the previous year. As a result, the exports reached the peak of $960K, and then reduced sharply in the following year.
| Export of Dried Vegetables in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 258 | 276 | 280 | 205 | -7.4% |
| Estonia | 52.5 | 49.1 | 76.5 | 90.4 | 19.9% |
| Uzbekistan | 1.8 | 0.3 | N/A | 28.9 | 152.3% |
| Ukraine | 9.4 | 14.9 | 15.0 | 22.0 | 32.8% |
| Belarus | 28.2 | 53.8 | 0.6 | 17.1 | -15.4% |
| United Kingdom | 16.0 | 19.8 | 23.4 | 15.6 | -0.8% |
| Others | 32.0 | 62.9 | 564 | 57.6 | 21.6% |
| Total | 398 | 476 | 960 | 436 | 3.1% |
Top Export Markets for Dried Vegetables from Lithuania in 2022:
- Latvia (67.7 tons)
- Estonia (16.4 tons)
- Belarus (6.3 tons)
- Uzbekistan (4.1 tons)
- Ukraine (3.7 tons)
- United Kingdom (2.0 tons)
This report provides an in-depth analysis of the dried vegetables 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 10391390 - Dried vegetables (excluding potatoes, onions, mushrooms and truffles) and mixtures of vegetables, whole, cut, sliced, b roken or in powder, but not further prepared
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
-
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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