Lithuania - Rice - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRice Price in Lithuania - 2023
Contents:
- Rice Price in Lithuania (CIF) - 2023
- Rice Price in Lithuania (FOB) - 2023
- Rice Imports in Lithuania
- Rice Exports in Lithuania
Rice Price in Lithuania (CIF) - 2023
In September 2023, the average rice import price amounted to $883 per ton, surging by 12% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 24% m-o-m. The import price peaked at $1,155 per ton in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($1,703 per ton), while the price for Myanmar ($534 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 Italy (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Rice Price in Lithuania (FOB) - 2023
The average rice export price stood at $1,015 per ton in September 2023, shrinking by -11.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in October 2022 when the average export price increased by 36% m-o-m. Over the period under review, the average export prices hit record highs at $1,270 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($1,661 per ton), while the average price for exports to Latvia ($890 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 Ukraine (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Rice Imports in Lithuania
In 2022, approx. 24K tons of rice were imported into Lithuania; increasing by 20% on 2021 figures. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 37%. As a result, imports attained the peak of 26K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, rice imports soared to $20M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% 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 +75.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 42%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Rice in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 2.9 | 6.7 | 4.9 | 4.9 | 19.1% |
| Pakistan | 2.0 | 3.0 | 2.3 | 4.7 | 33.0% |
| Poland | 0.7 | 1.0 | 1.1 | 2.5 | 52.9% |
| Latvia | 1.2 | 1.0 | 1.2 | 1.6 | 10.1% |
| Italy | 1.0 | 1.0 | 1.2 | 1.2 | 6.3% |
| Paraguay | N/A | N/A | 0.6 | 1.0 | 66.7% |
| Belgium | N/A | N/A | 0.2 | 0.9 | 350.0% |
| Vietnam | 0.8 | 0.5 | 0.6 | 0.8 | 0.0% |
| Cambodia | N/A | 0.7 | 0.1 | 0.7 | 0.0% |
| Romania | 0.4 | 0.3 | 0.3 | 0.4 | 0.0% |
| Netherlands | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| Thailand | 0.8 | 0.7 | 0.5 | 0.3 | -27.9% |
| Guyana | 0.7 | 0.3 | 0.1 | N/A | -62.2% |
| Others | 0.7 | 0.9 | 1.8 | 0.4 | -17.0% |
| Total | 11.4 | 16.2 | 15.0 | 20.0 | 20.6% |
Top Suppliers of Rice to Lithuania in 2022:
- Myanmar (8.4K tons)
- Pakistan (4.3K tons)
- Poland (3.3K tons)
- Belgium (1.6K tons)
- Paraguay (1.5K tons)
- Latvia (1.0K tons)
- Italy (0.9K tons)
- Cambodia (0.8K tons)
- Vietnam (0.8K tons)
- Romania (0.5K tons)
- Netherlands (0.5K tons)
- Thailand (0.3K tons)
Rice Exports in Lithuania
In 2022, approx. 12K tons of rice were exported from Lithuania; picking up by 43% against 2021. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 108% against the previous year. As a result, the exports reached the peak of 13K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, rice exports skyrocketed to $11M in 2022. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 95%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Rice in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.6 | 7.0 | 4.7 | 6.5 | 59.6% |
| Latvia | 1.4 | 1.1 | 1.0 | 2.0 | 12.6% |
| Estonia | 0.7 | 0.8 | 1.0 | 1.2 | 19.7% |
| Czech Republic | 0.7 | 0.5 | 0.4 | 0.4 | -17.0% |
| Ukraine | N/A | N/A | N/A | 0.3 | 0% |
| Belarus | N/A | N/A | N/A | 0.2 | 0% |
| Germany | 0.5 | 0.5 | 0.1 | 0.2 | -26.3% |
| Others | 0.4 | 0.7 | 0.5 | 0.5 | 7.7% |
| Total | 5.4 | 10.6 | 7.7 | 11.3 | 27.9% |
Top Export Markets for Rice from Lithuania in 2022:
- Poland (6.7K tons)
- Latvia (2.1K tons)
- Estonia (1.3K tons)
- Czech Republic (0.5K tons)
- Ukraine (0.4K tons)
- Belarus (0.3K tons)
- Germany (0.1K tons)
This report provides an in-depth analysis of the rice market 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 27 - Rice, paddy
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- 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- 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, HARVESTED AREA 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
-
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
-
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
- Area Harvested, 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
1028
This report provides an in-depth analysis of the rice market in Lithuania.
117
This report provides an in-depth analysis of the paddy rice market in Lithuania.
464
This report provides an in-depth analysis of the grain market in Lithuania.
7829
This report provides an in-depth analysis of the global rice market.
485
This report provides an in-depth analysis of the global milled rice market.
1542
This report provides an in-depth analysis of the global paddy rice market.
1373
This report provides an in-depth analysis of the global broken rice market.
735
This report provides an in-depth analysis of the global brown rice market.
602
This report provides an in-depth analysis of the global milled rice market.
3935
This report provides an in-depth analysis of the global grain market.
260
Explore the top import markets for rice and discover key statistics and insights. Learn about the countries with the highest import value for rice, including China, the Philippines, Iran, and more.
823
This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years.
783
Over 2020-2021 period, the global rice market displayed robust production indicators. Despite a pronounced shortage of shipping containers threatening to disrupt supplies to Africa, the global rice export market continues to expand. India maintains its status as the largest exporter, boasting the most competitive rice export prices.
1403
Global rice consumption amounted to X tons in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the globa
10403
Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2136
Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
1484
Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
1533
In 2015, the countries with the highest levels of rice production were China (X thousand tons), India (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1330
India, despite a slight drop in exports in 2014, continued its dominance in the global rice trade. In 2014, India exported X thousand tons of rice totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arab
61
Explore the top import markets for milled rice and learn about the key statistics and trends in these countries. Discover the role these import markets play in the global rice trade.
