Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Lithuania - 2023

Contents:

1. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Lithuania (CIF) - 2022
2. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Lithuania (FOB) - 2022
3. Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Lithuania
4. Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Lithuania

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Lithuania (CIF) - 2022

The average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.3 per unit in 2022, growing by 58% against the previous year. Over the period under review, the import price showed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($0.3 per unit), while the price for Poland totaled $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.3%).

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Lithuania (FOB) - 2022

In 2022, the average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.2 per unit, growing by 11% against the previous year. In general, the export price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of 85%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($0.5 per unit), while the average price for exports to Turkey ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Lithuania

In 2022, approx. 70M units of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants were imported into Lithuania; waning by -34.5% against 2021 figures. Over the period under review, imports continue to indicate a precipitous shrinkage. The smallest decline of -16.9% was in 2021. Over the period under review, imports of attained the maximum at 203M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants expanded to $19M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 5.2%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant to Lithuania in 2022:

1. Netherlands (66.2M units)
2. Poland (2.1M units)

Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Lithuania

For the third year in a row, Lithuania recorded decline in shipments abroad of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants, which decreased by -4.4% to 99M units in 2022. Over the period under review, exports continue to indicate a abrupt contraction. Over the period under review, the exports of hit record highs at 142M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants rose rapidly to $18M in 2022. Overall, exports showed a relatively flat trend pattern. The exports peaked at $19M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant from Lithuania in 2022:

1. Kyrgyzstan (43.6M units)
2. Turkey (20.8M units)
3. Russia (14.6M units)
4. Kazakhstan (9.5M units)
5. Belarus (6.6M units)
6. Latvia (0.8M units)

Source: IndexBox Market Intelligence Platform