Lithuania - Mackerel (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Mackerel Price in Lithuania - 2023
Contents:
- Preserved Mackerel Price in Lithuania (CIF) - 2023
- Preserved Mackerel Price in Lithuania (FOB) - 2022
- Preserved Mackerel Imports in Lithuania
- Preserved Mackerel Exports in Lithuania
Preserved Mackerel Price in Lithuania (CIF) - 2023
The average preserved mackerel import price stood at $4,609 per ton in September 2023, reducing by -4.5% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 11% against the previous month. As a result, import price attained the peak level of $5,156 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($5,355 per ton), while the price for Latvia totaled $4,049 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.3%).
Preserved Mackerel Price in Lithuania (FOB) - 2022
The average preserved mackerel export price stood at $4,126 per ton in 2022, rising by 1.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the maximum at $4,307 per ton in 2020; however, from 2021 to 2022, the export prices remained at a 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 Latvia ($5,169 per ton), while the average price for exports to Poland ($1,698 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 Russia (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Mackerel Imports in Lithuania
Preserved mackerel imports into Lithuania skyrocketed to 637 tons in 2022, rising by 28% compared with the previous year. The total import volume increased at an average annual rate of +8.4% 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, preserved mackerel imports surged to $2.5M in 2022. The total import value increased at an average annual rate of +14.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Preserved Mackerel in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 643 | 1,026 | 1,047 | 1,485 | 32.2% |
| Latvia | 971 | 1,007 | 784 | 886 | -3.0% |
| Germany | N/A | 24.7 | 40.1 | 70.0 | 68.3% |
| Others | 42.3 | 33.7 | 42.1 | 39.1 | -2.6% |
| Total | 1,656 | 2,091 | 1,913 | 2,480 | 14.4% |
Top Suppliers of Preserved Mackerel to Lithuania in 2022:
- Poland (351.1 tons)
- Latvia (258.4 tons)
- Germany (20.6 tons)
Preserved Mackerel Exports in Lithuania
In 2022, after three years of growth, there was significant decline in shipments abroad of mackerel (prepared or preserved), when their volume decreased by -26% to 428 tons. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 119% against the previous year. As a result, the exports reached the peak of 578 tons, and then fell significantly in the following year.
In value terms, preserved mackerel exports declined markedly to $1.8M in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 132% against the previous year.
| Export of Preserved Mackerel in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 176 | 863 | 2,010 | 1,213 | 90.3% |
| Latvia | 116 | 100 | 180 | 237 | 26.9% |
| Estonia | 57.4 | 45.2 | 80.7 | 106 | 22.7% |
| Romania | 74.2 | 98.6 | 24.9 | 66.4 | -3.6% |
| United Kingdom | 9.8 | 1.4 | 15.7 | 41.4 | 61.7% |
| Poland | 47.4 | 2.3 | 0.2 | 15.6 | -31.0% |
| Others | 8.5 | 26.5 | 28.0 | 86.8 | 117.0% |
| Total | 490 | 1,138 | 2,340 | 1,766 | 53.3% |
Top Export Markets for Preserved Mackerel from Lithuania in 2022:
- Germany (310.5 tons)
- Latvia (45.8 tons)
- Estonia (25.1 tons)
- Romania (13.1 tons)
- Poland (9.2 tons)
- United Kingdom (8.1 tons)
This report provides an in-depth analysis of the preserved mackerel 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 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)
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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