Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Lithuania - 2023

Contents:

1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Lithuania (FOB) - 2022
2. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Lithuania (CIF) - 2022
3. Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Lithuania
4. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Lithuania

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Lithuania (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $1,373 per ton, jumping by 26% against the previous year. Overall, the export price, however, recorded a slight descent. Over the period under review, the average export prices attained the maximum at $1,625 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($1,735 per ton) and Kazakhstan ($1,660 per ton), while the average price for exports to Belarus ($1,316 per ton) and Latvia ($1,333 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Lithuania (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,215 per ton, growing by 13% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of bovine animals, livers, frozens increased by +76.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,932 per ton), while the price for Estonia ($544 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 (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Lithuania

In 2022, shipments abroad of offal, edible; of bovine animals, livers, frozens decreased by -48% to 461 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 68%. As a result, the exports reached the peak of 1.3K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of offal, edible; of bovine animals, livers, frozens fell significantly to $633K in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 82%. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Offal, Edible; of Bovine Animals, Livers, Frozen from Lithuania in 2022:

1. Belarus (266.7 tons)
2. Latvia (101.0 tons)
3. Kazakhstan (48.6 tons)
4. Estonia (36.0 tons)
5. Austria (8.5 tons)

Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Lithuania

In 2022, supplies from abroad of offal, edible; of bovine animals, livers, frozens decreased by -52.7% to 437 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 72% against the previous year. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of offal, edible; of bovine animals, livers, frozens declined notably to $531K in 2022. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 107% against the previous year.

Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Lithuania in 2022:

1. Poland (228.8 tons)
2. Spain (61.1 tons)
3. Ireland (41.6 tons)
4. Czech Republic (32.8 tons)
5. Finland (21.7 tons)
6. Denmark (20.8 tons)
7. Belgium (10.1 tons)
8. Austria (8.5 tons)
9. Germany (2.8 tons)
10. Netherlands (1.0 tons)

Source: IndexBox Market Intelligence Platform