Price for Buckwheat, Millet and Canary Seed; Other Cereals in Lithuania - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Lithuania (FOB) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Lithuania (CIF) - 2022
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Lithuania
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Lithuania
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Lithuania (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $464 per ton, dropping by -16.4% against the previous year. Over the period under review, the export price, however, showed a perceptible increase. The growth pace was the most rapid in 2021 an increase of 145% against the previous year. As a result, the export price attained the peak level of $555 per ton, and then declined dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($2,826 per ton), while the average price for exports to Denmark ($300 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 Sweden (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Lithuania (CIF) - 2022
In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $707 per ton, surging by 7.7% against the previous year. Over the period under review, the import price, however, saw a slight contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 48% against the previous year. The import price peaked at $837 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($813 per ton), while the price for Poland ($316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Lithuania
In 2022, exports of buckwheat, millet and canary seed; other cerealses from Lithuania skyrocketed to 55K tons, picking up by 120% compared with the year before. In general, exports, however, continue to indicate a abrupt downturn.
In value terms, exports of buckwheat, millet and canary seed; other cerealses soared to $26M in 2022. Overall, exports showed slight growth. The most prominent rate of growth was recorded in 2020 with an increase of 88% against the previous year. As a result, the exports reached the peak of $47M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 10.5 | 32.3 | N/A | 11.7 | 3.7% |
| Poland | 5.2 | 4.2 | 4.4 | 5.1 | -0.6% |
| France | 0.9 | 3.0 | 0.8 | 3.5 | 57.3% |
| Italy | 2.0 | 1.0 | 2.1 | 1.5 | -9.1% |
| Latvia | 2.7 | 3.1 | 1.8 | 1.0 | -28.2% |
| Denmark | N/A | N/A | N/A | 0.9 | 0% |
| Estonia | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| Others | 3.4 | 2.9 | 4.6 | 1.4 | -25.6% |
| Total | 24.7 | 46.6 | 13.9 | 25.6 | 1.2% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Lithuania in 2022:
- Spain (36.0K tons)
- Poland (6.4K tons)
- France (3.9K tons)
- Denmark (2.9K tons)
- Latvia (2.1K tons)
- Italy (1.4K tons)
- Estonia (1.2K tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Lithuania
Imports of buckwheat, millet and canary seed; other cerealses into Lithuania soared to 27K tons in 2022, with an increase of 33% compared with the previous year's figure. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 225% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of buckwheat, millet and canary seed; other cerealses soared to $19M in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 289% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.4 | 1.2 | 8.8 | 12.6 | 215.8% |
| Poland | 0.3 | 0.4 | 0.7 | 1.9 | 85.0% |
| Latvia | 0.8 | 0.8 | 2.3 | 1.6 | 26.0% |
| Estonia | 0.1 | 0.2 | 0.5 | 0.7 | 91.3% |
| Kazakhstan | N/A | N/A | N/A | 0.5 | 0% |
| Ukraine | 0.4 | 0.1 | N/A | 0.2 | -20.6% |
| Others | 1.3 | 0.8 | 0.9 | 1.6 | 7.2% |
| Total | 3.3 | 3.4 | 13.3 | 19.1 | 79.5% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Lithuania in 2022:
- Russia (16.8K tons)
- Poland (5.9K tons)
- Latvia (2.0K tons)
- Estonia (1.0K tons)
- Kazakhstan (0.6K tons)
- Ukraine (0.2K tons)
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