Price for Fresh or Chilled Whole Turkey in Lithuania - 2023
Contents:
- Price for Fresh or Chilled Whole Turkey in Lithuania (CIF) - 2022
- Price for Fresh or Chilled Whole Turkey in Lithuania (FOB) - 2022
- Imports of Fresh or Chilled Whole Turkey in Lithuania
- Exports of Fresh or Chilled Whole Turkey in Lithuania
Price for Fresh or Chilled Whole Turkey in Lithuania (CIF) - 2022
In 2022, the average import price for fresh or chilled whole turkeys amounted to $3,557 per ton, rising by 26% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh or chilled whole turkey import price increased by +46.4% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Poland.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +2.1% per year.
Price for Fresh or Chilled Whole Turkey in Lithuania (FOB) - 2022
The average export price for fresh or chilled whole turkeys stood at $3,929 per ton in 2022, surging by 48% against the previous year. In general, the export price saw 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 Estonia ($5,383 per ton), while the average price for exports to Poland ($2,379 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 Estonia (+1.7%), while the prices for the other major destinations experienced a decline.
Imports of Fresh or Chilled Whole Turkey in Lithuania
In 2022, fresh or chilled whole turkey imports into Lithuania shrank notably to 66 tons, dropping by -25.3% against 2021. Overall, imports saw a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 0.3%.
In value terms, fresh or chilled whole turkey imports fell to $236K in 2022. In general, imports showed a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year.
| Import of Fresh or Chilled Whole Turkey in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 251 | 215 | 251 | 230 | -2.9% |
| Others | N/A | N/A | N/A | 5.9 | 0% |
| Total | 251 | 215 | 251 | 236 | -2.0% |
Top Suppliers of Fresh or Chilled Whole Turkey to Lithuania in 2022:
- Poland (65.9 tons)
Exports of Fresh or Chilled Whole Turkey in Lithuania
After two years of decline, shipments abroad of fresh or chilled whole turkeys increased by 352% to 8.1 tons in 2022. Overall, exports, however, continue to indicate a dramatic contraction.
In value terms, fresh or chilled whole turkey exports skyrocketed to $32K in 2022. Over the period under review, exports, however, recorded a sharp contraction.
| Export of Fresh or Chilled Whole Turkey in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 10.7 | 9.2 | 4.8 | 18.6 | 20.2% |
| Estonia | 3.1 | 1.0 | N/A | 12.7 | 60.0% |
| Poland | N/A | N/A | N/A | 0.5 | 0% |
| Belgium | N/A | 57.0 | N/A | N/A | 0% |
| Sweden | 394 | N/A | N/A | N/A | 0% |
| Others | 0.8 | N/A | N/A | N/A | 0% |
| Total | 409 | 67.1 | 4.8 | 31.8 | -57.3% |
Top Export Markets for Fresh or Chilled Whole Turkey from Lithuania in 2022:
- Latvia (5.5 tons)
- Estonia (2.4 tons)
- Poland (0.2 tons)
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