Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Lithuania - 2023

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Lithuania (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Lithuania (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Lithuania
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Lithuania

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Lithuania (CIF) - 2022

In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,360 per ton, waning by -77.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 514%. Over the period under review, average import prices attained the maximum at $7,954 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($6,321 per ton), while the price for Spain stood at $1,113 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.1%), while the prices for the other major suppliers experienced a decline.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Lithuania (FOB) - 2022

The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $28,894 per ton in 2022, with an increase of 849% against the previous year. Over the period under review, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($29,216 per ton), while the average price for exports to Latvia stood at $3,369 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+44.6%).

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Lithuania

In 2022, overseas purchases of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia were finally on the rise to reach 241 tons after two years of decline. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia soared to $327K in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain33.78.87.125596.3%
BulgariaN/AN/A80.261.9-22.8%
Poland49.816.2N/AN/A-67.5%
Others11.614.920.610.3-3.9%
Total95.239.810832750.9%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Lithuania in 2022:

  1. Spain (229.4 tons)
  2. Bulgaria (9.8 tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Lithuania

After two years of decline, overseas shipments of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia increased by 132% to 8.2 tons in 2022. In general, exports, however, saw a dramatic decrease.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia soared to $238K in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus82.316.2N/A23541.9%
Latvia1.80.18.80.6-30.7%
OthersN/AN/A2.02.420.0%
Total84.216.310.823841.4%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Lithuania in 2022:

  1. Belarus (8.0 tons)
  2. Latvia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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