Lithuania - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Olive Price in Lithuania - 2023
Contents:
- Preserved Olive Price in Lithuania (CIF) - 2023
- Preserved Olive Price in Lithuania (FOB) - 2023
- Preserved Olive Imports in Lithuania
- Preserved Olive Exports in Lithuania
Preserved Olive Price in Lithuania (CIF) - 2023
In September 2023, the average preserved olive import price amounted to $2,517 per ton, growing by 4.5% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in October 2022 when the average import price increased by 26% m-o-m. Over the period under review, average import prices attained the maximum at $2,577 per ton in May 2023; however, from June 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 Greece ($4,031 per ton), while the price for Spain ($2,270 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 Greece (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Olive Price in Lithuania (FOB) - 2023
In September 2023, the average preserved olive export price amounted to $2,493 per ton, picking up by 5.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 32% m-o-m. As a result, the export price attained the peak level of $2,967 per ton. From April 2023 to September 2023, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In September 2023, the highest price was recorded for prices to Estonia ($2,787 per ton) and Latvia ($2,675 per ton), while the average price for exports to Belarus ($2,369 per ton) and Uzbekistan ($2,432 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Olive Imports in Lithuania
In 2022, purchases abroad of olives prepared or preserved increased by 15% to 4.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a pronounced downturn.
In value terms, preserved olive imports soared to $9.2M in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Preserved Olive in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.3 | 4.9 | 4.1 | 5.7 | 2.5% |
| Italy | 1.4 | 1.1 | 1.1 | 1.4 | 0.0% |
| Greece | 1.5 | 1.2 | 1.1 | 1.4 | -2.3% |
| Latvia | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
| Germany | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Others | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Total | 9.2 | 8.0 | 7.3 | 9.2 | 0.0% |
Top Suppliers of Preserved Olive to Lithuania in 2022:
- Spain (2842.1 tons)
- Greece (518.2 tons)
- Italy (405.6 tons)
- Latvia (171.3 tons)
- Germany (26.4 tons)
Preserved Olive Exports in Lithuania
In 2022, overseas shipments of olives prepared or preserved increased by 58% to 2.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved olive exports soared to $5.9M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Preserved Olive in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3,326 | 2,012 | 1,698 | 3,316 | -0.1% |
| Belarus | 1,102 | 1,057 | 705 | 1,358 | 7.2% |
| Kazakhstan | 31.1 | 146 | 235 | 567 | 163.2% |
| Latvia | 241 | 205 | 295 | 288 | 6.1% |
| Estonia | 230 | 256 | 254 | 260 | 4.2% |
| Uzbekistan | 43.3 | 78.2 | 218 | 105 | 34.3% |
| Others | 35.2 | 65.2 | 79.7 | 46.4 | 9.6% |
| Total | 5,008 | 3,818 | 3,484 | 5,941 | 5.9% |
Top Export Markets for Preserved Olive from Lithuania in 2022:
- Russia (1354.3 tons)
- Belarus (630.4 tons)
- Kazakhstan (249.1 tons)
- Estonia (112.3 tons)
- Latvia (102.4 tons)
- Uzbekistan (52.3 tons)
This report provides an in-depth analysis of the preserved olive 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 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)
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
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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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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1600
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1161
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1347
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1600
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