Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Lithuania - 2023

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Lithuania (CIF) - 2022
  2. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Lithuania (FOB) - 2022
  3. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Lithuania
  4. Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Lithuania

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Lithuania (CIF) - 2022

The average import price for edible products of animal origin; not elsewhere specified or includeds stood at $14,004 per ton in 2022, reducing by -88.2% against the previous year. Over the period under review, the import price, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 1,023%. As a result, import price reached the peak level of $119,083 per ton, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($45,876 per ton), while the price for the Netherlands ($408 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+66.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Lithuania (FOB) - 2022

In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $68,256 per ton, leveling off at the previous year. In general, the export price showed a slight reduction. The pace of growth was the most pronounced in 2015 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $83,439 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($69,388 per ton), while the average price for exports to the UK amounted to $26,917 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+90.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Lithuania

For the fourth year in a row, Lithuania recorded growth in purchases abroad of edible products of animal origin; not elsewhere specified or includeds, which increased by 1,585% to 2.4 tons in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 3,400%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds skyrocketed to $34K in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 4,554%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A14.418.125.7%
FranceN/AN/AN/A5.30%
SpainN/AN/A1.54.1173.3%
LatviaN/AN/AN/A2.90%
GermanyN/A0.4N/A1.9117.9%
PolandN/AN/AN/A1.50%
NetherlandsN/AN/AN/A0.20%
OthersN/AN/A1.30.2-84.6%
TotalN/A0.417.334.2824.7%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Lithuania in 2022:

  1. Russia (1037.0 kg)
  2. Netherlands (446.0 kg)
  3. Germany (335.0 kg)
  4. Latvia (303.0 kg)
  5. France (119.0 kg)
  6. Poland (111.0 kg)
  7. Spain (89.0 kg)

Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Lithuania

In 2022, shipments abroad of edible products of animal origin; not elsewhere specified or includeds decreased by -57.7% to 450 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. As a result, the exports reached the peak of 1.1 tons, and then shrank notably in the following year.

In value terms, exports of edible products of animal origin; not elsewhere specified or includeds declined significantly to $31K in 2022. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, the exports reached the peak of $73K, and then shrank sharply in the following year.

Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/AN/A6.430.4375.0%
United KingdomN/AN/AN/A0.30%
Latvia47.350.063.7N/A16.0%
OthersN/AN/A2.7N/A0%
Total47.350.072.830.7-13.4%

Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Lithuania in 2022:

  1. Norway (438.0 kg)
  2. United Kingdom (12.0 kg)

Source: IndexBox Market Intelligence Platform

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