Lithuania: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in Lithuania

The Lithuanian non-wheat groats market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Non-Wheat Groats Production in Lithuania

In value terms, non-wheat groats production surged to $X in 2022 estimated in export price. Overall, production continues to indicate strong growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Non-Wheat Groats Exports

Exports from Lithuania

In 2022, overseas shipments of groats and meal of cereals (excluding wheat) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-wheat groats exports skyrocketed to $X in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Latvia (X tons), Germany (X tons) and Poland (X tons) were the main destinations of non-wheat groats exports from Lithuania, with a combined X% share of total exports. Estonia, the United States, Finland, Ukraine, the Netherlands, Italy and Canada lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-wheat groats exported from Lithuania were Latvia ($X), Germany ($X) and Poland ($X), together accounting for X% of total exports. The United States, Finland, Ukraine, the Netherlands, Estonia, Italy and Canada lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the United States, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-wheat groats export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

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

Non-Wheat Groats Imports

Imports into Lithuania

In 2022, overseas purchases of groats and meal of cereals (excluding wheat) decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then dropped slightly in the following year.

In value terms, non-wheat groats imports soared to $X in 2022. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Poland (X tons) constituted the largest non-wheat groats supplier to Lithuania, accounting for a X% share of total imports. Moreover, non-wheat groats imports from Poland exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fivefold. The third position in this ranking was taken by Latvia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Latvia (X% per year).

In value terms, Poland ($X) constituted the largest supplier of groats and meal of cereals (excluding wheat) to Lithuania, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total imports. It was followed by Latvia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Latvia (X% per year).

Import Prices by Country

The average non-wheat groats import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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