Price for Cereals; Oats, Other than Seed in Lithuania - 2023
Contents:
- Price for Cereals; Oats, Other than Seed in Lithuania (FOB) - 2023
- Price for Cereals; Oats, Other than Seed in Lithuania (CIF) - 2022
- Exports of Cereals; Oats, Other than Seed in Lithuania
- Imports of Cereals; Oats, Other than Seed in Lithuania
Price for Cereals; Oats, Other than Seed in Lithuania (FOB) - 2023
In August 2023, the average export price for cereals; oats, other than seeds amounted to $290 per ton, with an increase of 2.7% against the previous month. In general, the export price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in July 2023 an increase of 4.1% month-to-month. The export price peaked at $386 per ton in December 2022; however, from January 2023 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($360 per ton), while the average price for exports to Poland ($203 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (0.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereals; Oats, Other than Seed in Lithuania (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $308 per ton in 2022, rising by 18% against the previous year. Over the period under review, the import price, however, saw a mild descent. The pace of growth was the most pronounced in 2017 an increase of 36% against the previous year. Over the period under review, average import prices reached the maximum at $373 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($420 per ton) and Estonia ($389 per ton), while the price for Russia ($297 per ton) and Latvia ($318 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereals; Oats, Other than Seed in Lithuania
In 2022, overseas shipments of cereals; oats, other than seeds decreased by -42.3% to 37K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 34%. As a result, the exports attained the peak of 68K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cereals; oats, other than seed exports fell significantly to $12M in 2022. In general, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 25% against the previous year. As a result, the exports reached the peak of $19M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cereals; Oats, Other than Seed in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 4.8 | 3.7 | 4.6 | 5.0 | 1.4% |
| Germany | 5.8 | 12.2 | 9.5 | 3.4 | -16.3% |
| Netherlands | 0.3 | 0.8 | 0.4 | 1.2 | 58.7% |
| Italy | 0.4 | 0.4 | 0.6 | 0.7 | 20.5% |
| Poland | 1.4 | 1.1 | 1.0 | 0.7 | -20.6% |
| Finland | 0.9 | N/A | N/A | 0.4 | -23.7% |
| Belgium | 0.7 | N/A | 1.3 | N/A | 36.3% |
| Others | 0.5 | 0.5 | 0.4 | 0.6 | 6.3% |
| Total | 14.9 | 18.7 | 17.8 | 12.0 | -7.0% |
Top Export Markets for Cereals; Oats, Other than Seed from Lithuania in 2022:
- Latvia (15.6K tons)
- Germany (10.2K tons)
- Netherlands (4.4K tons)
- Poland (2.7K tons)
- Italy (1.3K tons)
- Finland (1.0K tons)
Imports of Cereals; Oats, Other than Seed in Lithuania
Cereals; oats, other than seed imports into Lithuania surged to 6.4K tons in 2022, picking up by 35% compared with 2021 figures. Overall, imports, however, saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year.
In value terms, cereals; oats, other than seed imports soared to $2M in 2022. In general, imports, however, recorded a abrupt slump.
| Import of Cereals; Oats, Other than Seed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,322 | 81.1 | 381 | 1,344 | 0.6% |
| Latvia | 485 | 346 | 196 | 518 | 2.2% |
| Poland | N/A | 191 | 36.7 | 72.9 | -38.2% |
| Estonia | 723 | 169 | 629 | 37.1 | -62.8% |
| Others | 0.5 | 82.4 | 0.6 | 12.5 | 192.4% |
| Total | 2,531 | 870 | 1,244 | 1,984 | -7.8% |
Top Suppliers of Cereals; Oats, Other than Seed to Lithuania in 2022:
- Russia (4.5K tons)
- Latvia (1.6K tons)
- Poland (0.2K tons)
- Estonia (0.1K tons)
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