Price for Uncooked Pasta Not Containing Eggs in Lithuania - 2023
Contents:
- Price for Uncooked Pasta Not Containing Eggs in Lithuania (FOB) - 2023
- Price for Uncooked Pasta Not Containing Eggs in Lithuania (CIF) - 2023
- Exports of Uncooked Pasta Not Containing Eggs in Lithuania
- Imports of Uncooked Pasta Not Containing Eggs in Lithuania
Price for Uncooked Pasta Not Containing Eggs in Lithuania (FOB) - 2023
In September 2023, the average export price for uncooked pasta not containing eggs amounted to $1,396 per ton, waning by -19.9% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in February 2023 an increase of 22% against the previous month. Over the period under review, the average export prices reached the maximum at $1,743 per ton in August 2023, and then dropped sharply in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($3,187 per ton), while the average price for exports to South Africa ($853 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Uncooked Pasta Not Containing Eggs in Lithuania (CIF) - 2023
The average import price for uncooked pasta not containing eggs stood at $1,653 per ton in September 2023, with a decrease of -2.2% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 15% month-to-month. As a result, import price reached the peak level of $1,876 per ton. From June 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,358 per ton), while the price for Belarus ($457 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Uncooked Pasta Not Containing Eggs in Lithuania
In 2022, exports of uncooked pasta not containing eggs from Lithuania surged to 15K tons, picking up by 15% on the previous year's figure. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, uncooked pasta not containing eggs exports skyrocketed to $17M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Uncooked Pasta Not Containing Eggs in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 4.8 | 4.9 | 4.8 | 5.2 | 2.7% |
| Belarus | 1.0 | 1.6 | 1.0 | 1.8 | 21.6% |
| Latvia | 0.6 | 0.8 | 0.6 | 1.5 | 35.7% |
| Denmark | N/A | N/A | 0.3 | 1.4 | 366.7% |
| Estonia | 0.6 | 0.7 | 0.6 | 1.2 | 26.0% |
| Russia | 1.7 | 1.4 | 1.5 | 1.1 | -13.5% |
| France | N/A | N/A | 0.2 | 0.9 | 350.0% |
| Italy | N/A | N/A | N/A | 0.7 | 0% |
| Sweden | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Finland | N/A | 0.3 | 0.6 | 0.3 | 0.0% |
| Netherlands | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 2.2 | 2.2 | 1.5 | 2.4 | 2.9% |
| Total | 11.2 | 12.2 | 11.4 | 17.2 | 15.4% |
Top Export Markets for Uncooked Pasta Not Containing Eggs from Lithuania in 2022:
- South Africa (6.0K tons)
- Latvia (1.7K tons)
- Denmark (1.3K tons)
- Estonia (1.2K tons)
- Belarus (1.2K tons)
- Italy (0.7K tons)
- Russia (0.5K tons)
- Finland (0.4K tons)
- France (0.3K tons)
- Sweden (0.3K tons)
- Netherlands (0.2K tons)
Imports of Uncooked Pasta Not Containing Eggs in Lithuania
In 2022, approx. 8.4K tons of uncooked pasta not containing eggs were imported into Lithuania; growing by 18% against the previous year. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. As a result, imports attained the peak of 9.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, uncooked pasta not containing eggs imports soared to $12M in 2022. The total import value increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Uncooked Pasta Not Containing Eggs in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.0 | 5.8 | 4.6 | 6.9 | 11.3% |
| Latvia | 0.9 | 0.9 | 0.7 | 1.3 | 13.0% |
| Poland | 0.9 | 0.8 | 0.8 | 1.1 | 6.9% |
| Germany | 0.4 | 0.9 | 0.9 | 0.8 | 26.0% |
| Belgium | 0.3 | 0.5 | 0.7 | 0.6 | 26.0% |
| Hungary | 0.4 | 0.6 | 0.6 | 0.6 | 14.5% |
| Turkey | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Others | 0.3 | 0.6 | 0.8 | 0.7 | 32.6% |
| Total | 8.3 | 10.2 | 9.2 | 12.1 | 13.4% |
Top Suppliers of Uncooked Pasta Not Containing Eggs to Lithuania in 2022:
- Italy (5.0K tons)
- Latvia (0.9K tons)
- Hungary (0.7K tons)
- Poland (0.6K tons)
- Germany (0.5K tons)
- Belgium (0.3K tons)
- Turkey (0.2K tons)
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