Lithuania - Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Seafood Meals and Pellets in Lithuania - 2023
Contents:
- Price for Seafood Meals and Pellets in Lithuania (CIF) - 2023
- Price for Seafood Meals and Pellets in Lithuania (FOB) - 2022
- Imports of Seafood Meals and Pellets in Lithuania
- Exports of Seafood Meals and Pellets in Lithuania
Price for Seafood Meals and Pellets in Lithuania (CIF) - 2023
In August 2023, the average seafood meals and pellets import price amounted to $2,388 per ton, reducing by -1.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in April 2023 an increase of 25% m-o-m. As a result, import price reached the peak level of $2,625 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($2,724 per ton), while the price for Italy ($2,151 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Seafood Meals and Pellets in Lithuania (FOB) - 2022
In 2022, the average seafood meals and pellets export price amounted to $1,873 per ton, increasing by 63% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, seafood meals and pellets export price increased by +105.8% against 2020 indices. As a result, the export price attained 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 the United States ($2,030 per ton), while the average price for exports to Moldova ($579 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 (+32.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Seafood Meals and Pellets in Lithuania
For the fourth consecutive year, Lithuania recorded growth in overseas purchases of flours, meals and pellets of fish or of crustaceans and molluscs, which increased by 83% to 3.8K tons in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, seafood meals and pellets imports soared to $7M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Seafood Meals and Pellets in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 206 | 274 | 1,988 | 4,958 | 188.7% |
| Denmark | 1,000 | 627 | 206 | 772 | -8.3% |
| Norway | 188 | 319 | 588 | 369 | 25.2% |
| Poland | 56.5 | 163 | 128 | 311 | 76.6% |
| Netherlands | N/A | N/A | 43.1 | 261 | 505.6% |
| Estonia | N/A | 15.7 | 79.5 | 195 | 252.4% |
| Spain | 141 | 189 | 417 | 157 | 3.6% |
| Others | 52.3 | 146 | 23.0 | 8.3 | -45.9% |
| Total | 1,645 | 1,735 | 3,473 | 7,031 | 62.3% |
Top Suppliers of Seafood Meals and Pellets to Lithuania in 2022:
- Latvia (2542.7 tons)
- Denmark (450.5 tons)
- Poland (227.0 tons)
- Estonia (211.6 tons)
- Norway (150.5 tons)
- Netherlands (134.4 tons)
- Spain (120.0 tons)
Exports of Seafood Meals and Pellets in Lithuania
After three years of growth, overseas shipments of flours, meals and pellets of fish or of crustaceans and molluscs decreased by -10.3% to 3K tons in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 184%. As a result, the exports attained the peak of 3.4K tons, and then reduced in the following year.
In value terms, seafood meals and pellets exports surged to $5.7M in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 257%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Seafood Meals and Pellets in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 1,488 | 4,554 | 206.0% |
| Hungary | 254 | 278 | 218 | 482 | 23.8% |
| Poland | 94.8 | N/A | 177 | 206 | 29.5% |
| Netherlands | 34.8 | N/A | N/A | 184 | 74.2% |
| Estonia | N/A | N/A | 42.5 | 83.8 | 97.2% |
| Moldova | 21.8 | 25.4 | 22.6 | 51.5 | 33.2% |
| Latvia | 35.8 | 426 | 1,348 | 8.2 | -38.8% |
| Uzbekistan | 53.5 | 38.3 | 156 | N/A | 70.8% |
| Singapore | 129 | 169 | N/A | N/A | 31.0% |
| Others | 51.2 | 148 | 424 | 115 | 31.0% |
| Total | 675 | 1,085 | 3,875 | 5,685 | 103.5% |
Top Export Markets for Seafood Meals and Pellets from Lithuania in 2022:
- United States (2242.8 tons)
- Hungary (334.1 tons)
- Poland (117.0 tons)
- Estonia (104.7 tons)
- Netherlands (95.7 tons)
- Moldova (89.0 tons)
- Latvia (5.9 tons)
This report provides an in-depth analysis of the market for seafood meals and pellets 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 10204100 - Flours, meals and pellets of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for seafood meals and pellets in Lithuania.
85
This report provides an in-depth analysis of the market for meat meals and pellets in Lithuania.
700
This report provides an in-depth analysis of the global market for seafood meals and pellets.
1060
This report provides an in-depth analysis of the global market for meat meals and pellets.
118
This report provides an in-depth analysis of the market for seafood meals and pellets in Lithuania.
85
This report provides an in-depth analysis of the market for meat meals and pellets in Lithuania.
700
This report provides an in-depth analysis of the global market for seafood meals and pellets.
1060
This report provides an in-depth analysis of the global market for meat meals and pellets.
257
Explore the top import markets for seafood meals and pellets, including China, Norway, Turkey, and more. Get key statistics and insights from the IndexBox market intelligence platform.
721
The intense trade growth seen in recent years is threatened by problems in China, due to the coronavirus epidemic and fears of economic growth.
983
In value terms, meat flours, meal and pellets imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual rate of...
1133
In value terms, meat flours, meal and pellets exports totaled $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an average annual rate ...
257
Explore the top import markets for seafood meals and pellets, including China, Norway, Turkey, and more. Get key statistics and insights from the IndexBox market intelligence platform.
721
The intense trade growth seen in recent years is threatened by problems in China, due to the coronavirus epidemic and fears of economic growth.
983
In value terms, meat flours, meal and pellets imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual rate of...
1133
In value terms, meat flours, meal and pellets exports totaled $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an average annual rate ...
