Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Lithuania - 2023

Contents:

  1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Lithuania (FOB) - 2022
  2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Lithuania (CIF) - 2022
  3. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Lithuania
  4. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Lithuania

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Lithuania (FOB) - 2022

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $7,200 per ton in 2022, rising by 78% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for seeds, fruit and spores; of a kind used for sowing increased by +81.7% against 2019 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 Russia ($16,364 per ton), while the average price for exports to Austria ($1,591 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 Sweden (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Lithuania (CIF) - 2022

The average import price for seeds, fruit and spores; of a kind used for sowing stood at $9,088 per ton in 2022, rising by 70% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seeds, fruit and spores; of a kind used for sowing increased by +91.9% against 2020 indices. As a result, import price attained 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 the Netherlands ($48,191 per ton), while the price for Russia ($1,262 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 (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Lithuania

For the fourth year in a row, Lithuania recorded growth in shipments abroad of seeds, fruit and spores; of a kind used for sowing, which increased by 14% to 9.1K tons in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing soared to $65M in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6.310.510.038.983.5%
Germany1.63.14.76.458.7%
Italy0.70.64.72.858.7%
France1.11.42.62.633.2%
Latvia2.01.92.32.23.2%
Belarus1.41.20.51.76.7%
Estonia1.21.11.01.32.7%
Sweden0.50.40.61.130.1%
Kazakhstan0.10.10.20.9108.0%
Netherlands0.10.70.90.8100.0%
Poland0.40.30.90.826.0%
Austria0.10.10.30.681.7%
HungaryN/A0.10.40.5123.6%
Others1.42.62.84.648.7%
Total17.024.132.065.256.5%

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Lithuania in 2022:

  1. Russia (2375.7 tons)
  2. Germany (1978.7 tons)
  3. Italy (872.6 tons)
  4. France (669.2 tons)
  5. Austria (347.0 tons)
  6. Belarus (289.6 tons)
  7. Latvia (285.5 tons)
  8. Poland (272.7 tons)
  9. Hungary (239.0 tons)
  10. Netherlands (233.0 tons)
  11. Estonia (216.8 tons)
  12. Sweden (193.1 tons)
  13. Kazakhstan (180.2 tons)

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Lithuania

For the fourth consecutive year, Lithuania recorded growth in overseas purchases of seeds, fruit and spores; of a kind used for sowing, which increased by 14% to 6.8K tons in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 41%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing surged to $62M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.64.64.529.3124.2%
Germany2.83.57.36.129.6%
Italy2.03.94.15.943.4%
Denmark5.56.24.35.50.0%
France1.41.21.85.254.9%
Poland2.82.73.24.012.6%
Latvia1.02.53.53.450.4%
Ukraine0.50.40.40.3-15.7%
Others1.63.23.02.312.9%
Total20.028.132.162.045.8%

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Lithuania in 2022:

  1. Latvia (1600.7 tons)
  2. Poland (1490.4 tons)
  3. Denmark (932.2 tons)
  4. Italy (741.7 tons)
  5. Netherlands (608.3 tons)
  6. Germany (497.6 tons)
  7. France (492.1 tons)
  8. Ukraine (104.8 tons)

Source: IndexBox Market Intelligence Platform

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