Report Update: May 1, 2024

Lithuania - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights

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Price for Wheat and Meslin Flour in Lithuania - 2023

Price for Wheat and Meslin Flour in Lithuania (CIF) - 2023

The average wheat and meslin flour import price stood at $391 per ton in September 2023, dropping by -5.5% against the previous month. Overall, the import price saw a mild decrease. The most prominent rate of growth was recorded in June 2023 an increase of 43% m-o-m. As a result, import price reached the peak level of $616 per ton. From July 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Austria ($510 per ton) and Poland ($381 per ton), while the price for Latvia ($347 per ton) and Ukraine ($353 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Ukraine (-1.2%), while the prices for the other major suppliers experienced a decline.

Price for Wheat and Meslin Flour in Lithuania (FOB) - 2023

The average wheat and meslin flour export price stood at $418 per ton in September 2023, remaining relatively unchanged against the previous month. In general, the export price, however, showed a mild decline. The growth pace was the most rapid in February 2023 an increase of 12% m-o-m. The export price peaked at $579 per ton in March 2023; however, from April 2023 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Estonia ($572 per ton), while the average price for exports to Poland ($194 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 France (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wheat and Meslin Flour in Lithuania

In 2022, the amount of wheat and meslin flour imported into Lithuania surged to 49K tons, increasing by 43% compared with the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 +48.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wheat and meslin flour imports skyrocketed to $23M in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wheat and Meslin Flour in Lithuania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	5.5	7.0	8.4	16.0	42.8%
Latvia	3.7	4.3	3.4	5.8	16.2%
Ukraine	N/A	N/A	N/A	0.6	0%
Others	1.3	0.9	1.5	1.0	-8.4%
Total	10.5	12.2	13.2	23.4	30.6%

Top Suppliers of Wheat and Meslin Flour to Lithuania in 2022:

Poland (33.7K tons)
Latvia (11.6K tons)
Ukraine (1.7K tons)

Exports of Wheat and Meslin Flour in Lithuania

Wheat and meslin flour exports from Lithuania skyrocketed to 14K tons in 2022, jumping by 19% compared with the year before. Overall, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, the exports attained the peak of 23K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, wheat and meslin flour exports soared to $7.5M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.7% against 2020 indices.

Export of Wheat and Meslin Flour in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Latvia	622	942	845	2,241	53.3%
United Kingdom	3,077	4,076	854	1,238	-26.2%
Sweden	0.2	30.3	57.2	869	1531.8%
Thailand	273	872	903	559	27.0%
Netherlands	86.2	112	220	476	76.8%
Russia	534	695	987	457	-5.1%
Poland	99.3	17.0	10.1	306	45.5%
Israel	N/A	9.5	184	213	373.5%
Ireland	240	322	236	181	-9.0%
Curacao	N/A	33.7	27.5	113	83.1%
Malta	310	155	332	58.0	-42.8%
Sierra Leone	378	543	102	N/A	-48.1%
Palestine	156	154	42.6	N/A	-47.7%
Others	363	485	531	745	27.1%
Total	6,138	8,447	5,331	7,456	6.7%

Top Export Markets for Wheat and Meslin Flour from Lithuania in 2022:

Latvia (4.9K tons)
United Kingdom (2.0K tons)
Poland (1.2K tons)
Thailand (1.2K tons)
Sweden (1.1K tons)
Netherlands (0.8K tons)
Russia (0.6K tons)
Israel (0.4K tons)
Ireland (0.3K tons)
Curacao (0.2K tons)
Malta (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wheat and meslin flour 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 16 - Flour of Wheat

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023