Price for Cereals; Maize (Corn), Seed in Lithuania - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Lithuania (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in Lithuania (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in Lithuania
- Exports of Cereals; Maize (Corn), Seed in Lithuania
Price for Cereals; Maize (Corn), Seed in Lithuania (CIF) - 2022
The average cereals; maize (corn), seed import price stood at $3,019 per ton in 2022, waning by -22.1% against the previous year. In general, the import price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 54% against the previous year. As a result, import price attained the peak level of $4,800 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($4,271 per ton), while the price for Poland ($2,420 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (-0.0%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Maize (Corn), Seed in Lithuania (FOB) - 2022
The average cereals; maize (corn), seed export price stood at $4,489 per ton in 2022, increasing by 6.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 36%. The export price peaked at $5,625 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($5,159 per ton), while the average price for exports to Kazakhstan ($2,270 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 Uzbekistan (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in Lithuania
For the fourth year in a row, Lithuania recorded growth in supplies from abroad of cereals; maize (corn), seeds, which increased by 57% to 2.5K tons in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; maize (corn), seed imports surged to $7.5M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Maize (Corn), Seed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,159 | 2,457 | 2,238 | 2,904 | 35.8% |
| Germany | 863 | 859 | 629 | 1,021 | 5.8% |
| Austria | 1,242 | 1,075 | 889 | 792 | -13.9% |
| Poland | 285 | 244 | 504 | 747 | 37.9% |
| Hungary | 603 | N/A | 1,212 | 616 | 0.7% |
| Denmark | 222 | 196 | 227 | 526 | 33.3% |
| Italy | N/A | 4.2 | 2.2 | 363 | 829.7% |
| Others | 495 | 609 | 382 | 497 | 0.1% |
| Total | 4,868 | 5,445 | 6,083 | 7,466 | 15.3% |
Top Suppliers of Cereals; Maize (Corn), Seed to Lithuania in 2022:
- France (874.0 tons)
- Poland (308.7 tons)
- Austria (281.7 tons)
- Germany (247.1 tons)
- Hungary (216.9 tons)
- Denmark (146.6 tons)
- Italy (129.0 tons)
Exports of Cereals; Maize (Corn), Seed in Lithuania
In 2022, the amount of cereals; maize (corn), seeds exported from Lithuania soared to 525 tons, picking up by 183% on the previous year. Over the period under review, exports posted perceptible growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; maize (corn), seed exports soared to $2.4M in 2022. In general, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Maize (Corn), Seed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 465 | 0.2 | 77.3 | 1,239 | 38.6% |
| Germany | 123 | 107 | 220 | 288 | 32.8% |
| Uzbekistan | 8.0 | N/A | 29.7 | 254 | 216.7% |
| Estonia | 345 | 409 | 151 | 243 | -11.0% |
| Latvia | 506 | 127 | 280 | 233 | -22.8% |
| Kyrgyzstan | 41.0 | N/A | N/A | 36.4 | -3.9% |
| Belarus | 31.6 | 23.4 | 0.4 | 35.6 | 4.1% |
| Kazakhstan | N/A | 51.7 | 1.4 | 26.0 | -29.1% |
| Austria | 59.5 | N/A | N/A | N/A | 0% |
| Others | 16.8 | 19.8 | 24.9 | N/A | 21.7% |
| Total | 1,596 | 738 | 784 | 2,356 | 13.9% |
Top Export Markets for Cereals; Maize (Corn), Seed from Lithuania in 2022:
- Russia (246.8 tons)
- Uzbekistan (80.4 tons)
- Germany (77.2 tons)
- Estonia (47.6 tons)
- Latvia (45.2 tons)
- Kazakhstan (11.5 tons)
- Belarus (8.9 tons)
- Kyrgyzstan (7.3 tons)
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