Lithuania - Flours, Meals And Pellets Of Fish - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Lithuania - Flours, Meals And Pellets Of Fish - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fish Meals and Pellet in Lithuania - 2023

Contents:

  1. Price for Fish Meals and Pellet in Lithuania (FOB) - 2022
  2. Price for Fish Meals and Pellet in Lithuania (CIF) - 2022
  3. Exports of Fish Meals and Pellet in Lithuania
  4. Imports of Fish Meals and Pellet in Lithuania

Price for Fish Meals and Pellet in Lithuania (FOB) - 2022

The average fish meals and pellet export price stood at $16,132 per ton in 2022, picking up by 81% against the previous year. Overall, the export price saw a moderate expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 159% against the previous year. As a result, the export price attained the peak level of $19,519 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($17,201 per ton), while the average price for exports to Estonia ($8,735 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 Latvia (+5.5%).

Price for Fish Meals and Pellet in Lithuania (CIF) - 2022

In 2022, the average fish meals and pellet import price amounted to $15,850 per ton, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2016 an increase of 262%. Over the period under review, average import prices attained the maximum at $17,291 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($82,202 per ton), while the price for the Netherlands ($8,417 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+59.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish Meals and Pellet in Lithuania

For the fourth year in a row, Lithuania recorded growth in overseas shipments of flours, meals and pellets of fish, which increased by 617% to 21 tons in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fish meals and pellet exports skyrocketed to $345K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fish Meals and Pellet in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A2210%
Latvia0.310.90.5100593.4%
Estonia4.91.917.522.766.7%
United KingdomN/A1.72.70.7-35.8%
AustraliaN/AN/A5.7N/A0%
OthersN/A11.6N/A0.1-90.7%
Total5.226.226.5345304.8%

Top Export Markets for Fish Meals and Pellet from Lithuania in 2022:

  1. Germany (12.8 tons)
  2. Latvia (5.8 tons)
  3. Estonia (2.6 tons)
  4. United Kingdom (0.1 tons)

Imports of Fish Meals and Pellet in Lithuania

In 2022, supplies from abroad of flours, meals and pellets of fish was finally on the rise to reach 20 tons after two years of decline. Over the period under review, imports, however, showed a precipitous setback.

In value terms, fish meals and pellet imports soared to $312K in 2022. In general, imports, however, saw a precipitous decline.

Import of Fish Meals and Pellet in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia14.66.036.9264162.5%
DenmarkN/A0.50.722.3567.8%
Germany1,17736.337.920.4-74.1%
Netherlands0.7N/AN/A4.484.6%
Norway3.145.0N/AN/A1351.6%
Others4.03.78.90.5-50.0%
Total1,19991.584.5312-36.2%

Top Suppliers of Fish Meals and Pellet to Lithuania in 2022:

  1. Latvia (18.1 tons)
  2. Denmark (0.8 tons)
  3. Netherlands (0.5 tons)
  4. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fish meals and pellet 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 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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