Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Lithuania - 2023

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Lithuania (CIF) - 2023
  2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Lithuania (FOB) - 2022
  3. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Lithuania
  4. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Lithuania

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Lithuania (CIF) - 2023

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $1,396 per ton in September 2023, shrinking by -33.2% against the previous month. Overall, import price indicated mild growth from December 2022 to September 2023: its price increased at an average monthly rate of +1.2% over the last nine-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -33.2% against August 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 37% m-o-m. The import price peaked at $2,091 per ton in August 2023, and then dropped remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,739 per ton), while the price for Latvia ($1,252 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Finland (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Lithuania (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $1,174 per ton, jumping by 36% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,495 per ton), while the average price for exports to Latvia ($960 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 Germany (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Lithuania

In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses imported into Lithuania surged to 702 tons, with an increase of 54% on the year before. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.7% 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 +75.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses surged to $990K in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia21529438058039.2%
Finland86.782.710221635.6%
Germany68.373.117.312321.7%
Poland32.144.555.930.7-1.5%
Estonia56.711611810.9-42.3%
Ukraine11.67.53.40.9-57.3%
Others18.138.515.928.115.8%
Total48965669299026.5%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Lithuania in 2022:

  1. Latvia (431.7 tons)
  2. Finland (195.7 tons)
  3. Germany (34.6 tons)
  4. Poland (21.2 tons)
  5. Estonia (7.6 tons)
  6. Ukraine (1.5 tons)

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Lithuania

In 2022, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses from Lithuania skyrocketed to 270 tons, picking up by 37% against 2021. Over the period under review, exports, however, saw a deep reduction.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $317K in 2022. Overall, exports showed a noticeable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia84.931.077.713215.8%
Russia10.17.512.583.0101.8%
Estonia26.318.711.646.020.5%
United Kingdom17.419.920.039.631.5%
Ireland8.59.811.27.6-3.7%
Spain21.0N/AN/A4.0-42.5%
Bulgaria36.822.116.1N/A-33.9%
Germany52.071.014.3N/A-47.6%
Others31.217.47.24.8-46.4%
Total2881971713173.2%

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Lithuania in 2022:

  1. Latvia (137.8 tons)
  2. Russia (80.1 tons)
  3. Estonia (26.2 tons)
  4. United Kingdom (15.9 tons)
  5. Ireland (5.2 tons)
  6. Spain (2.1 tons)

Source: IndexBox Market Intelligence Platform

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