Cereals; Rye, Seed Price in Lithuania - 2024

Contents:

  1. Cereals; Rye, Seed Price in Lithuania (FOB) - 2022
  2. Cereals; Rye, Seed Price in Lithuania (CIF) - 2022
  3. Cereals; Rye, Seed Exports in Lithuania
  4. Cereals; Rye, Seed Imports in Lithuania

Cereals; Rye, Seed Price in Lithuania (FOB) - 2022

The average cereals; rye, seed export price stood at $484 per ton in 2022, surging by 21% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 152% against the previous year. As a result, the export price reached the peak level of $700 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($909 per ton), while the average price for exports to the Netherlands ($402 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 Denmark (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cereals; Rye, Seed Price in Lithuania (CIF) - 2022

In 2022, the average cereals; rye, seed import price amounted to $1,273 per ton, with an increase of 27% against the previous year. Overall, the import price saw a prominent increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 105% against the previous year. Over the period under review, average import prices attained the maximum at $1,530 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,389 per ton), while the price for the Czech Republic ($734 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Cereals; Rye, Seed Exports in Lithuania

Cereals; rye, seed exports from Lithuania declined remarkably to 2.1K tons in 2022, shrinking by -45.3% on the year before. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 71% against the previous year. As a result, the exports attained the peak of 3.8K tons, and then fell dramatically in the following year.

In value terms, cereals; rye, seed exports contracted significantly to $1M in 2022. Overall, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. As a result, the exports attained the peak of $1.5M, and then dropped dramatically in the following year.

Export of Cereals; Rye, Seed in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia24819139038916.2%
France14320028922316.0%
Germany48.820627915346.4%
Estonia77.462.265.082.72.2%
Netherlands14.880.918958.758.3%
Italy18.325.730.649.939.7%
Belgium5.181.110926.372.8%
Others67343.116423.1-67.5%
Total1,2288901,5161,006-6.4%

Top Export Markets for Cereals; Rye, Seed from Lithuania in 2022:

  1. Latvia (965.4 tons)
  2. France (394.0 tons)
  3. Germany (254.7 tons)
  4. Netherlands (146.0 tons)
  5. Italy (123.4 tons)
  6. Estonia (91.0 tons)
  7. Belgium (60.0 tons)

Cereals; Rye, Seed Imports in Lithuania

In 2022, the amount of cereals; rye, seeds imported into Lithuania fell sharply to 344 tons, with a decrease of -45.9% on the previous year. Over the period under review, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 15%.

In value terms, cereals; rye, seed imports fell dramatically to $438K in 2022. In general, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year.

Import of Cereals; Rye, Seed in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany575157266288-20.6%
Poland17.049.036.688.673.4%
Denmark72.021122931.2-24.3%
Latvia37.7N/A41.312.6-30.6%
Czech Republic2.65.07.87.341.1%
EstoniaN/A14.022.8N/A62.9%
Others7042.232.510.4-75.5%
Total1,409438635438-32.3%

Top Suppliers of Cereals; Rye, Seed to Lithuania in 2022:

  1. Germany (207.4 tons)
  2. Poland (83.9 tons)
  3. Denmark (22.6 tons)
  4. Latvia (16.0 tons)
  5. Czech Republic (10.0 tons)

Source: IndexBox Market Intelligence Platform

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