Report Update: May 1, 2024

Lithuania - Plums And Sloes - Market Analysis, Forecast, Size, Trends and Insights

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Plum and Sloe Price in Lithuania - 2023

Plum and Sloe Price in Lithuania (CIF) - 2023

In September 2023, the average plum and sloe import price amounted to $956 per ton, picking up by 11% against the previous month. Overall, the import price saw temperate growth. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 60% month-to-month. Over the period under review, average import prices attained the maximum at $2,010 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,886 per ton), while the price for Moldova ($766 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 Poland (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Plum and Sloe Price in Lithuania (FOB) - 2022

In 2022, the average plum and sloe export price amounted to $1,374 per ton, surging by 23% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decrease. The growth pace was the most rapid in 2018 when the average export price increased by 75% against the previous year. Over the period under review, the average export prices reached the maximum at $2,062 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($2,360 per ton), while the average price for exports to Latvia ($814 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 (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Plum and Sloe Imports in Lithuania

In 2022, plum and sloe imports into Lithuania dropped to 4.2K tons, which is down by -7% on the previous year's figure. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24%. As a result, imports reached the peak of 4.5K tons, and then dropped in the following year.

In value terms, plum and sloe imports declined rapidly to $4.1M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of $5M, and then dropped notably in the following year.

Import of Plum and Sloe in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	807	890	1,380	1,368	19.2%
Poland	380	496	664	927	34.6%
Latvia	253	379	430	474	23.3%
Spain	874	624	1,063	413	-22.1%
Italy	445	462	590	412	-2.5%
Germany	265	140	331	212	-7.2%
Moldova	19.6	343	273	137	91.2%
Hungary	203	16.1	71.8	29.9	-47.2%
Others	104	319	174	136	9.4%
Total	3,352	3,669	4,978	4,108	7.0%

Top Suppliers of Plum and Sloe to Lithuania in 2022:

Poland (1540.9 tons)
Netherlands (931.9 tons)
Latvia (567.0 tons)
Italy (376.7 tons)
Spain (281.0 tons)
Moldova (180.9 tons)
Germany (153.8 tons)
Hungary (33.9 tons)

Plum and Sloe Exports in Lithuania

Plum and sloe exports from Lithuania shrank sharply to 622 tons in 2022, waning by -62.3% against the year before. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 95%. As a result, the exports reached the peak of 1.7K tons, and then fell remarkably in the following year.

In value terms, plum and sloe exports reduced markedly to $855K in 2022. Overall, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 78%. As a result, the exports attained the peak of $1.8M, and then contracted markedly in the following year.

Export of Plum and Sloe in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	689	634	1,143	332	-21.6%
Russia	268	253	262	184	-11.8%
Latvia	46.2	78.6	190	124	39.0%
Netherlands	10.2	27.7	48.2	80.3	98.9%
Poland	N/A	N/A	33.8	58.5	73.1%
Estonia	13.6	7.8	83.2	46.3	50.4%
Italy	4.6	8.1	19.8	12.7	40.3%
Spain	24.1	18.0	46.0	11.0	-23.0%
Others	4.3	4.5	12.4	6.0	11.7%
Total	1,060	1,031	1,837	855	-6.9%

Top Export Markets for Plum and Sloe from Lithuania in 2022:

Belarus (190.7 tons)
Latvia (152.8 tons)
Russia (77.8 tons)
Poland (68.1 tons)
Estonia (55.7 tons)
Netherlands (55.3 tons)
Italy (11.0 tons)
Spain (4.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plum and sloe 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 536 - Plums

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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