Lithuania: Durum Wheat Market 2024

Durum Wheat Market Size in Lithuania

The Lithuanian durum wheat market expanded markedly to $X in 2022, growing by X% against the previous year. Overall, consumption saw buoyant growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Durum Wheat Production in Lithuania

In value terms, durum wheat production reached $X in 2022 estimated in export price. Overall, production saw a buoyant increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Durum wheat production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of durum wheat in Lithuania was estimated at X tons per ha, with an increase of X% on the year before. Over the period under review, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average durum wheat yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of durum wheat in Lithuania contracted modestly to X ha, therefore, remained relatively stable against the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to durum wheat production reached the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

Durum Wheat Exports

Exports from Lithuania

In 2022, overseas shipments of durum wheat decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports enjoyed a resilient increase. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, durum wheat exports amounted to $X in 2022. In general, exports showed prominent growth. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Latvia (X tons) was the main destination for durum wheat exports from Lithuania, with a X% share of total exports. It was followed by Kazakhstan (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Latvia amounted to X%.

From 2012 to 2022, the average annual rate of growth in terms of value to Latvia totaled X%.

Export Prices by Country

The average durum wheat export price stood at $X per ton in 2022, stabilizing at the previous year. Overall, the export price showed a noticeable descent. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Latvia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Durum Wheat Imports

Imports into Lithuania

In 2022, after two years of decline, there was significant growth in purchases abroad of durum wheat, when their volume increased by X% to X tons. Over the period under review, imports, however, faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, durum wheat imports skyrocketed to $X in 2022. Overall, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Ukraine (X tons), Latvia (X tons) and Poland (X tons) were the main suppliers of durum wheat imports to Lithuania, with a combined X% share of total imports. Germany, the Netherlands and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Ukraine ($X) and Poland ($X) were the largest durum wheat suppliers to Lithuania, together accounting for X% of total imports.

Ukraine, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average durum wheat import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price recorded significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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