Lithuania - Walnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWalnut Price in Lithuania - 2023
Contents:
- Walnut Price in Lithuania (CIF) - 2022
- Walnut Price in Lithuania (FOB) - 2022
- Walnut Imports in Lithuania
- Walnut Exports in Lithuania
Walnut Price in Lithuania (CIF) - 2022
The average walnut import price stood at $2,800 per ton in 2022, growing by 1.9% against the previous year. Over the period under review, the import price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 25%. Over the period under review, average import prices attained the peak figure at $4,923 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($3,518 per ton), while the price for Poland ($1,461 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.
Walnut Price in Lithuania (FOB) - 2022
The average walnut export price stood at $2,516 per ton in 2022, reducing by -3.9% against the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2013 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices reached the maximum at $5,560 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($4,525 per ton), while the average price for exports to Turkey ($2,100 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 Belarus (-0.8%), while the prices for the other major destinations experienced a decline.
Walnut Imports in Lithuania
In 2022, purchases abroad of walnuts was finally on the rise to reach 231 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a deep slump.
In value terms, walnut imports surged to $646K in 2022. Over the period under review, imports, however, faced a deep setback.
| Import of Walnut in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 144 | 135 | 173 | 344 | 33.7% |
| United States | 206 | 140 | 109 | 130 | -14.2% |
| Germany | 34.8 | 108 | 72.3 | 96.4 | 40.4% |
| Latvia | N/A | 41.1 | 19.7 | 58.5 | 19.3% |
| Poland | 66.1 | 28.2 | 18.4 | 9.0 | -48.6% |
| Netherlands | 486 | 50.3 | 80.9 | 7.6 | -75.0% |
| Spain | 44.1 | 170 | N/A | N/A | 285.5% |
| Others | 3.3 | 12.3 | N/A | N/A | 272.7% |
| Total | 985 | 684 | 473 | 646 | -13.1% |
Top Suppliers of Walnut to Lithuania in 2022:
- China (135.7 tons)
- United States (39.3 tons)
- Germany (29.3 tons)
- Latvia (18.1 tons)
- Poland (6.1 tons)
- Netherlands (2.2 tons)
Walnut Exports in Lithuania
In 2022, exports of walnuts from Lithuania reduced rapidly to 24 tons, shrinking by -39.6% on the previous year. Overall, exports faced a dramatic decline. The smallest decline of -22.2% was in 2020.
In value terms, walnut exports fell remarkably to $60K in 2022. Over the period under review, exports recorded a precipitous contraction. The smallest decline of -19.2% was in 2020.
| Export of Walnut in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 38.9 | 0% |
| Latvia | 182 | 240 | 5.6 | 8.1 | -64.6% |
| Sweden | 7.2 | 7.6 | 6.4 | 6.3 | -4.4% |
| Belarus | 14.0 | 6.8 | 14.3 | 5.0 | -29.1% |
| Estonia | 30.1 | 7.7 | 1.2 | 2.0 | -59.5% |
| Russia | 32.0 | 27.6 | 8.2 | N/A | -49.4% |
| Netherlands | 94.2 | N/A | 14.5 | N/A | -60.8% |
| Italy | N/A | N/A | 39.2 | N/A | 0% |
| Others | N/A | 1.0 | 14.6 | N/A | 1360.0% |
| Total | 359 | 290 | 104 | 60.3 | -44.8% |
Top Export Markets for Walnut from Lithuania in 2022:
- Turkey (18.5 tons)
- Latvia (2.0 tons)
- Belarus (1.5 tons)
- Sweden (1.4 tons)
- Estonia (0.5 tons)
This report provides an in-depth analysis of the walnut 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 222 - Walnuts
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
-
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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