Lithuania - Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCherry Price in Lithuania - 2023
Contents:
- Cherry Price in Lithuania (CIF) - 2022
- Cherry Price in Lithuania (FOB) - 2022
- Cherry Imports in Lithuania
- Cherry Exports in Lithuania
Cherry Price in Lithuania (CIF) - 2022
In 2022, the average cherry import price amounted to $2,804 per ton, with a decrease of -13.8% against the previous year. In general, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 62% against the previous year. Over the period under review, average import prices hit record highs at $4,586 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Italy ($4,446 per ton), while the price for Poland ($1,786 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.4%), while the prices for the other major suppliers experienced a decline.
Cherry Price in Lithuania (FOB) - 2022
In 2022, the average cherry export price amounted to $2,738 per ton, with a decrease of -13.7% against the previous year. Over the period under review, the export price showed a abrupt decrease. The growth pace was the most rapid in 2019 when the average export price increased by 280% against the previous year. The export price peaked at $4,803 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($6,263 per ton), while the average price for exports to Belarus ($582 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 (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Cherry Imports in Lithuania
Cherry imports into Lithuania expanded significantly to 2.1K tons in 2022, with an increase of 6.6% compared with 2021 figures. In general, imports, however, recorded a relatively flat trend pattern.
In value terms, cherry imports reduced to $5.8M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year.
| Import of Cherry in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 1,715 | 2,751 | 2,514 | 2,913 | 19.3% |
| Germany | 2,156 | 1,531 | 1,941 | 1,836 | -5.2% |
| Poland | 506 | 177 | 350 | 283 | -17.6% |
| Hungary | 308 | 399 | 226 | 271 | -4.2% |
| Latvia | 335 | 326 | 475 | 160 | -21.8% |
| Netherlands | 228 | 178 | 123 | 142 | -14.6% |
| North Macedonia | N/A | 92.3 | 40.7 | 80.7 | -6.5% |
| Bulgaria | 139 | 493 | 119 | N/A | -7.5% |
| Others | 86.1 | 71.8 | 489 | 85.4 | -0.3% |
| Total | 5,474 | 6,021 | 6,278 | 5,771 | 1.8% |
Top Suppliers of Cherry to Lithuania in 2022:
- Greece (1068.8 tons)
- Germany (537.6 tons)
- Poland (158.6 tons)
- Hungary (132.8 tons)
- Netherlands (55.4 tons)
- Latvia (42.8 tons)
- North Macedonia (39.6 tons)
Cherry Exports in Lithuania
In 2022, overseas shipments of cherries decreased by -29% to 410 tons, falling for the second consecutive year after two years of growth. In general, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 78% against the previous year. As a result, the exports attained the peak of 1.1K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cherry exports dropped markedly to $1.1M in 2022. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. As a result, the exports reached the peak of $2.4M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cherry in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 777 | 1,177 | 981 | 880 | 4.2% |
| Estonia | 206 | 405 | 289 | 147 | -10.6% |
| United States | N/A | N/A | N/A | 23.6 | 0% |
| Finland | N/A | 128 | 70.7 | 23.2 | -57.4% |
| Poland | 55.1 | 285 | 83.0 | 21.7 | -26.7% |
| Belarus | 142 | 217 | 232 | 6.1 | -65.0% |
| Russia | 366 | 132 | 125 | 3.5 | -78.8% |
| Others | 13.6 | 36.6 | 50.9 | 16.9 | 7.5% |
| Total | 1,561 | 2,379 | 1,832 | 1,122 | -10.4% |
Top Export Markets for Cherry from Lithuania in 2022:
- Latvia (316.0 tons)
- Estonia (48.4 tons)
- United States (13.3 tons)
- Belarus (10.5 tons)
- Poland (8.8 tons)
- Finland (6.8 tons)
- Russia (0.6 tons)
This report provides an in-depth analysis of the cherry 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 531 - Cherries
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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