Lithuania - Sheep And Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Sheep and Goat Meat in Lithuania - 2023
Contents:
- Price for Sheep and Goat Meat in Lithuania (CIF) - 2022
- Price for Sheep and Goat Meat in Lithuania (FOB) - 2022
- Imports of Sheep and Goat Meat in Lithuania
- Exports of Sheep and Goat Meat in Lithuania
Price for Sheep and Goat Meat in Lithuania (CIF) - 2022
In 2022, the average sheep and goat meat import price amounted to $13,300 per ton, increasing by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2017 an increase of 25%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($18,777 per ton), while the price for Norway ($8,562 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sheep and Goat Meat in Lithuania (FOB) - 2022
In 2022, the average sheep and goat meat export price amounted to $9,856 per ton, surging by 6.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2019 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($12,627 per ton), while the average price for exports to Sweden ($8,687 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 Latvia (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Sheep and Goat Meat in Lithuania
In 2022, imports of sheep and goat meat into Lithuania expanded modestly to 95 tons, increasing by 4.3% against the previous year's figure. Over the period under review, imports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 20%.
In value terms, sheep and goat meat imports skyrocketed to $1.3M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Sheep and Goat Meat in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 357 | 292 | 319 | 360 | 0.3% |
| Netherlands | 153 | 196 | 292 | 332 | 29.5% |
| Spain | 151 | 142 | 232 | 283 | 23.3% |
| Germany | 129 | 55.5 | 63.4 | 192 | 14.2% |
| Estonia | 105 | 41.3 | 72.7 | 33.5 | -31.7% |
| Italy | N/A | N/A | N/A | 20.5 | 0% |
| Norway | N/A | N/A | N/A | 17.1 | 0% |
| Poland | 73.2 | 28.2 | 1.4 | 1.6 | -72.0% |
| Others | 13.8 | 14.0 | 7.0 | 21.5 | 15.9% |
| Total | 982 | 770 | 988 | 1,261 | 8.7% |
Top Suppliers of Sheep and Goat Meat to Lithuania in 2022:
- Spain (32.9 tons)
- Netherlands (24.7 tons)
- Latvia (19.2 tons)
- Germany (10.4 tons)
- Estonia (2.4 tons)
- Norway (2.0 tons)
- Italy (1.9 tons)
- Poland (0.1 tons)
Exports of Sheep and Goat Meat in Lithuania
After three years of growth, shipments abroad of sheep and goat meat decreased by -2.6% to 50 tons in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 69% against the previous year. As a result, the exports reached the peak of 52 tons, and then fell modestly in the following year.
In value terms, sheep and goat meat exports expanded to $497K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 80%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Sheep and Goat Meat in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | 106 | 245 | 266 | 58.4% |
| Latvia | 171 | 129 | 124 | 167 | -0.8% |
| Estonia | 23.6 | 25.7 | 95.6 | 62.1 | 38.1% |
| Others | N/A | 5.1 | 14.2 | 2.2 | -34.3% |
| Total | 194 | 266 | 479 | 497 | 36.8% |
Top Export Markets for Sheep and Goat Meat from Lithuania in 2022:
- Sweden (30.6 tons)
- Latvia (14.6 tons)
- Estonia (4.9 tons)
This report provides an in-depth analysis of the market for sheep and goat meat 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:
- FCL 1017 - Goat meat
- FCL 977 - Meat of sheep
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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