Preserved Sauerkraut Price in Lithuania - 2023
Contents:
- Preserved Sauerkraut Price in Lithuania (FOB) - 2023
- Preserved Sauerkraut Price in Lithuania (CIF) - 2023
- Preserved Sauerkraut Exports in Lithuania
- Preserved Sauerkraut Imports in Lithuania
Preserved Sauerkraut Price in Lithuania (FOB) - 2023
The average preserved sauerkraut export price stood at $1,276 per ton in September 2023, reducing by -3.9% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 34% against the previous month. Over the period under review, the average export prices hit record highs at $1,687 per ton in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Estonia ($2,946 per ton), while the average price for exports to Israel ($773 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sauerkraut Price in Lithuania (CIF) - 2023
In September 2023, the average preserved sauerkraut import price amounted to $2,392 per ton, shrinking by -13.8% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 25% against the previous month. As a result, import price attained the peak level of $3,509 per ton. From July 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($5,235 per ton), while the price for Poland ($1,635 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 the Netherlands (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sauerkraut Exports in Lithuania
For the fourth consecutive year, Lithuania recorded growth in shipments abroad of preserved sauerkraut, which increased by 5.5% to 17K tons in 2022. The total export volume increased at an average annual rate of +7.9% 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 2021 when exports increased by 15% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, preserved sauerkraut exports skyrocketed to $19M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Preserved Sauerkraut in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 3.2 | 2.7 | 3.4 | 3.4 | 2.0% |
| United Kingdom | 1.2 | 0.9 | 1.1 | 3.0 | 35.7% |
| Israel | 1.7 | 1.9 | 2.5 | 2.6 | 15.2% |
| Italy | 1.4 | 1.5 | 1.6 | 1.4 | 0.0% |
| Poland | 0.9 | 0.6 | 1.1 | 1.4 | 15.9% |
| Germany | 0.9 | 1.1 | 1.0 | 1.0 | 3.6% |
| United States | 0.5 | 0.7 | 0.8 | 0.8 | 17.0% |
| Netherlands | 0.5 | 0.6 | 0.6 | 0.7 | 11.9% |
| Greece | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Others | 2.0 | 2.7 | 3.6 | 4.2 | 28.1% |
| Total | 12.5 | 13.0 | 16.1 | 18.9 | 14.8% |
Top Export Markets for Preserved Sauerkraut from Lithuania in 2022:
- Israel (4.0K tons)
- Latvia (2.1K tons)
- Italy (1.6K tons)
- Poland (1.6K tons)
- United Kingdom (1.4K tons)
- Germany (1.1K tons)
- United States (0.8K tons)
- Netherlands (0.8K tons)
- Greece (0.6K tons)
Preserved Sauerkraut Imports in Lithuania
In 2022, purchases abroad of preserved sauerkraut decreased by -11.8% to 2.8K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 22%. As a result, imports attained the peak of 3.4K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved sauerkraut imports amounted to $5.5M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 12%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Preserved Sauerkraut in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,811 | 2,377 | 2,188 | 2,203 | 6.7% |
| Latvia | 1,027 | 1,044 | 881 | 904 | -4.2% |
| Italy | 422 | 371 | 673 | 620 | 13.7% |
| Czech Republic | 144 | 229 | 336 | 444 | 45.5% |
| Netherlands | 93.0 | 114 | 251 | 289 | 45.9% |
| Hungary | 173 | 166 | 177 | 201 | 5.1% |
| Slovakia | 82.2 | 119 | 33.9 | 68.6 | -5.9% |
| Others | 964 | 844 | 942 | 758 | -7.7% |
| Total | 4,715 | 5,262 | 5,482 | 5,488 | 5.2% |
Top Suppliers of Preserved Sauerkraut to Lithuania in 2022:
- Poland (1501.2 tons)
- Latvia (438.4 tons)
- Italy (253.9 tons)
- Czech Republic (140.3 tons)
- Hungary (94.8 tons)
- Netherlands (86.2 tons)
- Slovakia (56.8 tons)
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