Lithuania: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Lithuania

The Lithuanian peach and nectarine market surged to $X in 2022, jumping by X% against the previous year. In general, consumption saw a strong expansion. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in years to come.

Peach And Nectarine Production in Lithuania

In value terms, peach and nectarine production surged to $X in 2022 estimated in export price. In general, production continues to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of X,500%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of peaches and nectarines in Lithuania stood at less than X kg per ha in 2022, standing approx. at the year before. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of peaches and nectarines production in Lithuania amounted to less than X ha, stabilizing at the previous year's figure. Over the period under review, the harvested area saw a relatively flat trend pattern.

Peach And Nectarine Exports

Exports from Lithuania

For the fifth year in a row, Lithuania recorded decline in overseas shipments of peaches and nectarines, which decreased by X% to X tons in 2022. In general, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, peach and nectarine exports declined markedly to $X in 2022. Overall, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Latvia (X tons) were the main destinations of peach and nectarine exports from Lithuania, with a combined X% share of total exports. Spain, Estonia, Greece, Italy and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Belarus ($X) and Latvia ($X) appeared to be the largest markets for peach and nectarine exported from Lithuania worldwide, together accounting for X% of total exports.

Among the main countries of destination, Kazakhstan, with a CAGR of X%, recorded 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 peach and nectarine export price amounted to $X per ton, surging by X% against the previous year. In general, the export price posted modest growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Greece ($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 Kazakhstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Peach And Nectarine Imports

Imports into Lithuania

In 2022, purchases abroad of peaches and nectarines decreased by X% to X tons, falling for the seventh consecutive year after two years of growth. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, peach and nectarine imports dropped rapidly to $X in 2022. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Spain (X tons), Italy (X tons) and Greece (X tons) were the main suppliers of peach and nectarine imports to Lithuania, with a combined X% share of total imports. Germany, Estonia, Latvia, the Netherlands, Turkey and the Czech Republic lagged somewhat behind, together comprising a further X%.

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

In value terms, Spain ($X), Italy ($X) and Germany ($X) constituted the largest peach and nectarine suppliers to Lithuania, together accounting for X% of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average peach and nectarine import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

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

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

Source: IndexBox Platform

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