Price for Food Preparations Not Elsewhere Specified or Included in Lithuania - 2023
Contents:
- Price for Food Preparations Not Elsewhere Specified or Included in Lithuania (FOB) - 2022
- Price for Food Preparations Not Elsewhere Specified or Included in Lithuania (CIF) - 2023
- Exports of Food Preparations Not Elsewhere Specified or Included in Lithuania
- Imports of Food Preparations Not Elsewhere Specified or Included in Lithuania
Price for Food Preparations Not Elsewhere Specified or Included in Lithuania (FOB) - 2022
In 2022, the average export price for food preparations not elsewhere specified or included amounted to $5,425 per ton, with an increase of 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 31% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($8,441 per ton), while the average price for exports to Poland ($3,751 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 Russia (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Food Preparations Not Elsewhere Specified or Included in Lithuania (CIF) - 2023
In November 2023, the average import price for food preparations not elsewhere specified or included amounted to $7,925 per ton, reducing by -3.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in December 2022 an increase of 26% m-o-m. The import price peaked at $9,495 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($19,768 per ton), while the price for Hungary ($2,337 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Estonia (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Food Preparations Not Elsewhere Specified or Included in Lithuania
In 2022, exports of food preparations not elsewhere specified or included from Lithuania reached 38K tons, approximately reflecting 2021. The total export volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 23%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of food preparations not elsewhere specified or included soared to $208M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.1% 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 +95.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Food Preparations Not Elsewhere Specified or Included in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 16.8 | 19.2 | 23.9 | 26.8 | 16.8% |
| Russia | 17.3 | 19.4 | 19.1 | 16.4 | -1.8% |
| Israel | 5.4 | 6.7 | 14.1 | 14.6 | 39.3% |
| Poland | 8.3 | 9.9 | 14.4 | 13.2 | 16.7% |
| Saudi Arabia | 3.2 | 5.4 | 9.3 | 11.3 | 52.3% |
| Estonia | 7.8 | 7.9 | 9.4 | 11.1 | 12.5% |
| Kazakhstan | 6.2 | 6.2 | 7.6 | 9.7 | 16.1% |
| Belarus | 4.1 | 7.7 | 9.0 | 8.0 | 25.0% |
| Chile | 2.2 | 6.5 | 8.6 | 6.9 | 46.4% |
| Italy | 1.6 | 1.9 | 1.9 | 6.8 | 62.0% |
| Portugal | 2.8 | 1.7 | 2.8 | 5.2 | 22.9% |
| Romania | 1.0 | 2.2 | 2.0 | 3.5 | 51.8% |
| Albania | 1.8 | 2.2 | 3.4 | 3.2 | 21.1% |
| Others | 27.4 | 38.8 | 53.0 | 70.9 | 37.3% |
| Total | 106 | 136 | 179 | 208 | 25.2% |
Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Lithuania in 2022:
- Poland (3.5K tons)
- Latvia (3.2K tons)
- Israel (3.2K tons)
- Saudi Arabia (3.0K tons)
- Russia (2.4K tons)
- Chile (1.8K tons)
- Belarus (1.5K tons)
- Kazakhstan (1.5K tons)
- Italy (1.4K tons)
- Portugal (1.3K tons)
- Estonia (1.3K tons)
- Romania (0.8K tons)
- Albania (0.8K tons)
Imports of Food Preparations Not Elsewhere Specified or Included in Lithuania
In 2022, the amount of food preparations not elsewhere specified or included imported into Lithuania soared to 22K tons, jumping by 25% compared with 2021 figures. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of food preparations not elsewhere specified or included expanded significantly to $145M in 2022. The total import value increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Food Preparations Not Elsewhere Specified or Included in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 17.5 | 18.8 | 23.0 | 27.0 | 15.6% |
| Germany | 12.5 | 13.1 | 17.8 | 20.6 | 18.1% |
| Latvia | 12.3 | 14.5 | 14.9 | 15.1 | 7.1% |
| Netherlands | 6.0 | 5.5 | 6.3 | 8.8 | 13.6% |
| Czech Republic | 4.8 | 4.7 | 6.7 | 8.7 | 21.9% |
| Spain | 2.4 | 3.7 | 6.3 | 7.0 | 42.9% |
| Italy | 2.6 | 2.4 | 4.3 | 6.1 | 32.9% |
| Estonia | 3.5 | 4.7 | 5.0 | 5.6 | 17.0% |
| France | 6.4 | 7.8 | 8.6 | 5.6 | -4.4% |
| Denmark | 3.7 | 3.8 | 5.9 | 5.5 | 14.1% |
| Sweden | 3.5 | 2.8 | 3.9 | 3.0 | -5.0% |
| Finland | 1.5 | 1.8 | 1.6 | 2.2 | 13.6% |
| Malaysia | 0.7 | 1.8 | 0.4 | 1.7 | 34.4% |
| Others | 24.5 | 29.4 | 30.3 | 27.8 | 4.3% |
| Total | 102 | 115 | 135 | 145 | 12.4% |
Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Lithuania in 2022:
- Poland (4.9K tons)
- Germany (3.2K tons)
- Netherlands (2.2K tons)
- Latvia (1.8K tons)
- Estonia (1.3K tons)
- Italy (1.0K tons)
- Czech Republic (0.9K tons)
- France (0.8K tons)
- Denmark (0.7K tons)
- Finland (0.7K tons)
- Sweden (0.7K tons)
- Malaysia (0.6K tons)
- Spain (0.5K tons)
114
This report provides an in-depth analysis of the market for prepared dishes and meal in Lithuania.
115
This report provides an in-depth analysis of the market for protein concentrate and flavoured or coloured sugar syrup in Lithuania.
144
This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in Lithuania.
1383
This report provides an in-depth analysis of the global market for prepared dishes and meal.
872
This report provides an in-depth analysis of the global market for protein concentrate and flavoured or coloured sugar syrup.
559
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet market.
114
This report provides an in-depth analysis of the market for prepared dishes and meal in Lithuania.
115
This report provides an in-depth analysis of the market for protein concentrate and flavoured or coloured sugar syrup in Lithuania.
1383
This report provides an in-depth analysis of the global market for prepared dishes and meal.
872
This report provides an in-depth analysis of the global market for protein concentrate and flavoured or coloured sugar syrup.
241
Discover the top import markets for prepared dishes and meals worldwide. Explore key statistics and understand the magnitude of the industry. Find out which countries lead the market in import value and why. Read more on IndexBox market intelligence platform.
264
Explore the top import markets for hot-dipped metal-coated sheet, including the United States, Germany, Belgium, and more. Discover key statistics and data from the IndexBox market intelligence platform.
241
Discover the top import markets for prepared dishes and meals worldwide. Explore key statistics and understand the magnitude of the industry. Find out which countries lead the market in import value and why. Read more on IndexBox market intelligence platform.
