Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Lithuania - 2023

Contents:

1. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Lithuania (FOB) - 2023
2. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Lithuania (CIF) - 2022
3. Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Lithuania
4. Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Lithuania

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Lithuania (FOB) - 2023

In October 2023, the average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $3.2 per unit, shrinking by -4% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 27% m-o-m. As a result, the export price attained the peak level of $3.6 per unit. From April 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In October 2023, the country with the highest price was Poland ($3.2 per unit), while the average price for exports to Latvia stood at $2.7 per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.5%).

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Lithuania (CIF) - 2022

In 2022, the average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $5.9 per unit, with an increase of 14% against the previous year. Over the period under review, the import price enjoyed a significant increase. The growth pace was the most rapid in 2018 when the average import price increased by 52%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($7 per unit), while the price for Latvia ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Lithuania

In 2022, the amount of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat exported from Lithuania surged to 7.6M units, jumping by 126% compared with the previous year. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 328% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat skyrocketed to $21M in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 430% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g from Lithuania in 2022:

1. Poland (7.1M units)
2. Latvia (0.6M units)

Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Lithuania

Imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat into Lithuania reduced to 817K units in 2022, dropping by -12.5% on the previous year. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Imports peaked at 1.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat dropped to $4.8M in 2022. In general, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. Imports peaked at $5.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g to Lithuania in 2022:

1. Poland (626.7K units)
2. Latvia (175.1K units)
3. Czech Republic (15.2K units)

Source: IndexBox Market Intelligence Platform