Clementines Price in Lithuania - 2023
Contents:
- Clementines Price in Lithuania (CIF) - 2023
- Clementines Price in Lithuania (FOB) - 2022
- Clementines Imports in Lithuania
- Clementines Exports in Lithuania
Clementines Price in Lithuania (CIF) - 2023
The average clementines import price stood at $1,477 per ton in September 2023, surging by 58% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $2,574 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($1,838 per ton), while the price for the Netherlands amounted to $1,464 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Albania (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Clementines Price in Lithuania (FOB) - 2022
The average clementines export price stood at $1,228 per ton in 2022, surging by 33% against the previous year. In general, export price indicated strong growth from 2017 to 2022: its price increased at an average annual rate of +11.9% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clementines export price increased by +75.4% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Russia ($1,504 per ton), while the average price for exports to Poland ($995 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+10.7%).
Clementines Imports in Lithuania
In 2022, purchases abroad of fruit, edible decreased by -27.2% to 11K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 8.1% against the previous year. As a result, imports attained the peak of 18K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, clementines imports shrank to $12M in 2022. In general, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year. As a result, imports reached the peak of $16M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Clementines in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.2 | N/A | N/A | 3.2 | 152.0% |
Netherlands | 2.4 | 2.7 | 4.1 | 2.3 | -1.4% |
Spain | 8.9 | 7.9 | 4.7 | 2.0 | -39.2% |
Italy | 0.9 | 1.9 | 1.0 | 1.4 | 15.9% |
Morocco | 0.4 | 1.4 | 3.2 | 1.4 | 51.8% |
Greece | 0.8 | 0.5 | 0.3 | 1.1 | 11.2% |
Albania | N/A | N/A | N/A | 0.6 | 0% |
Latvia | 0.4 | 2.0 | 0.7 | 0.2 | -20.6% |
Others | 0.6 | 0.1 | 0.2 | 0.3 | -20.6% |
Total | 14.5 | 16.4 | 14.2 | 12.4 | -5.1% |
Top Suppliers of Clementines to Lithuania in 2022:
- Germany (2.4K tons)
- Netherlands (2.0K tons)
- Spain (1.9K tons)
- Italy (1.3K tons)
- Morocco (1.3K tons)
- Greece (1.1K tons)
- Albania (0.7K tons)
- Latvia (0.1K tons)
Clementines Exports in Lithuania
In 2022, shipments abroad of fruit, edible decreased by -47.6% to 4.9K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 36%. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, clementines exports declined dramatically to $6.1M in 2022. Overall, exports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 33%. As a result, the exports attained the peak of $9.2M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Clementines in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | N/A | N/A | N/A | 4.2 | 0% |
Russia | N/A | N/A | N/A | 1.2 | 0% |
Poland | N/A | N/A | N/A | 0.2 | 0% |
Latvia | 6.5 | 8.8 | 8.3 | 0.2 | -68.7% |
Spain | N/A | N/A | N/A | 0.1 | 0% |
Italy | 0.3 | 0.4 | 0.1 | N/A | -42.3% |
Others | 0.1 | N/A | 0.3 | 0.1 | 0.0% |
Total | 6.9 | 9.2 | 8.7 | 6.1 | -4.0% |
Top Export Markets for Clementines from Lithuania in 2022:
- Belarus (3552.5 tons)
- Russia (796.2 tons)
- Poland (231.8 tons)
- Latvia (176.4 tons)
- Spain (92.3 tons)
- Italy (11.7 tons)
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