Price for Frozen Concentrated Orange Juice in Lithuania - 2023
Contents:
- Price for Frozen Concentrated Orange Juice in Lithuania (CIF) - 2022
- Price for Frozen Concentrated Orange Juice in Lithuania (FOB) - 2022
- Imports of Frozen Concentrated Orange Juice in Lithuania
- Exports of Frozen Concentrated Orange Juice in Lithuania
Price for Frozen Concentrated Orange Juice in Lithuania (CIF) - 2022
In 2022, the average frozen concentrated orange juice import price amounted to $2,830 per ton, jumping by 33% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($6,212 per ton), while the price for Poland ($620 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Frozen Concentrated Orange Juice in Lithuania (FOB) - 2022
In 2022, the average frozen concentrated orange juice export price amounted to $2,695 per ton, rising by 31% against the previous year. Overall, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 121% against the previous year. As a result, the export price attained the peak level of $5,515 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($4,625 per ton), while the average price for exports to Russia ($2,638 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 Poland (+101.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Concentrated Orange Juice in Lithuania
In 2022, supplies from abroad of frozen concentrated orange juice decreased by -89% to 34 tons, falling for the second year in a row after two years of growth. In general, imports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 2%. As a result, imports reached the peak of 512 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen concentrated orange juice imports dropped dramatically to $97K in 2022. Overall, imports saw a dramatic descent. The smallest decline of -11.5% was in 2020.
| Import of Frozen Concentrated Orange Juice in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 24.3 | 19.0 | 78.9 | 80.2% |
| Ireland | 5.1 | 6.5 | 10.7 | 6.2 | 6.7% |
| Netherlands | 943 | 855 | 626 | 4.6 | -83.0% |
| France | 0.9 | 0.1 | 1.4 | 3.8 | 61.6% |
| Poland | N/A | N/A | 0.6 | 1.8 | 200.0% |
| Germany | N/A | 1.0 | 0.7 | 1.5 | 22.5% |
| Austria | 73.3 | 17.6 | N/A | N/A | -76.0% |
| Others | 1.0 | 1.2 | 0.8 | N/A | -10.6% |
| Total | 1,023 | 906 | 660 | 96.9 | -54.4% |
Top Suppliers of Frozen Concentrated Orange Juice to Lithuania in 2022:
- Italy (27.3 tons)
- Poland (3.0 tons)
- Netherlands (1.6 tons)
- Ireland (1.0 tons)
- France (0.7 tons)
- Germany (0.6 tons)
Exports of Frozen Concentrated Orange Juice in Lithuania
Frozen concentrated orange juice exports from Lithuania soared to 38 tons in 2022, picking up by 73% against 2021. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 150%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, frozen concentrated orange juice exports soared to $101K in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 409% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Frozen Concentrated Orange Juice in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.9 | N/A | 6.8 | 91.2 | 366.2% |
| Latvia | 8.6 | 20.9 | 5.7 | 10.0 | 5.2% |
| China | N/A | 27.0 | N/A | N/A | 0% |
| Uzbekistan | N/A | N/A | 21.9 | N/A | 0% |
| Estonia | N/A | N/A | 10.3 | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 9.4 | 48.0 | 44.7 | 101 | 120.7% |
Top Export Markets for Frozen Concentrated Orange Juice from Lithuania in 2022:
- Estonia (undefined tons)
- Russia (34.6 tons)
- Latvia (3.0 tons)
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