Lithuania: Pork Market 2024

Pork Market Size in Lithuania

For the fourth consecutive year, the Lithuanian pork market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, continues to indicate a slight contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Pork Production in Lithuania

In value terms, pork production stood at $X in 2022 estimated in export price. In general, production, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The average yield of pork in Lithuania dropped slightly to X kg per head in 2022, leveling off at the year before. In general, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the yield increased by X% against the previous year. The pork yield peaked at X kg per head in 2021, and then declined slightly in the following year.

In 2022, the number of animals slaughtered for pork production in Lithuania reached X heads, stabilizing at the year before. Overall, the number of producing animals recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the number of producing animals increased by X%. As a result, the amount of animals produced reached the peak level of X heads. From 2014 to 2022, the growth of this number failed to regain momentum.

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Pork Exports

Exports from Lithuania

In 2022, approx. X tons of pork were exported from Lithuania; surging by X% against the previous year. Over the period under review, exports, however, continue to indicate a mild descent. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, pork exports surged to $X in 2022. Overall, exports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Latvia (X tons) was the main destination for pork exports from Lithuania, accounting for a X% share of total exports. Moreover, pork exports to Latvia exceeded the volume sent to the second major destination, Poland (X tons), threefold. Estonia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Latvia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Estonia (X% per year).

In value terms, Latvia ($X) remains the key foreign market for pork exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by Estonia ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Latvia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the average pork export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Belarus ($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 Russia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Pork Imports

Imports into Lithuania

For the third consecutive year, Lithuania recorded growth in supplies from abroad of pork, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, pork imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Germany (X tons) and Denmark (X tons) were the main suppliers of pork imports to Lithuania, together accounting for X% of total imports. Belgium, Austria, Estonia, Spain, the Netherlands, France and Latvia lagged somewhat behind, together comprising a further X%.

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

In value terms, Poland ($X), Germany ($X) and Denmark ($X) were the largest pork suppliers to Lithuania, with a combined X% share of total imports. Belgium, Spain, Estonia, Austria, Latvia, the Netherlands and France lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Austria, 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 pork import price amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked 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 Poland ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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