Flakes; of Potatoes Price in Lithuania - 2023

Contents:

  1. Flakes; of Potatoes Price in Lithuania (CIF) - 2022
  2. Flakes; of Potatoes Price in Lithuania (FOB) - 2022
  3. Flakes; of Potatoes Imports in Lithuania
  4. Flakes; of Potatoes Exports in Lithuania

Flakes; of Potatoes Price in Lithuania (CIF) - 2022

The average flakes; of potatoes import price stood at $1,377 per ton in 2022, picking up by 44% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The import price peaked at $1,618 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 Estonia ($1,733 per ton), while the price for Poland ($947 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Lithuania (FOB) - 2022

In 2022, the average flakes; of potatoes export price amounted to $29,242 per ton, surging by 1,399% against the previous year. In general, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($49,343 per ton), while the average price for exports to Latvia ($1,874 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 Russia (+42.2%), while the prices for the other major destinations experienced more modest paces of growth.

Flakes; of Potatoes Imports in Lithuania

For the fourth consecutive year, Lithuania recorded growth in purchases abroad of flakes; of potatoeses, which increased by 73% to 2.3K tons in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, flakes; of potatoes imports surged to $3.1M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Flakes; of Potatoes in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A2.21.11,3762400.9%
Poland46067897491925.9%
Germany24128625766039.9%
EstoniaN/AN/AN/A80.60%
FinlandN/AN/AN/A70.30%
Belarus20723.8N/AN/A-88.5%
Others10436.022.613.9-48.9%
Total1,0121,0261,2553,12145.6%

Top Suppliers of Flakes; of Potatoes to Lithuania in 2022:

  1. Poland (971.0 tons)
  2. Netherlands (796.8 tons)
  3. Germany (391.9 tons)
  4. Finland (49.4 tons)
  5. Estonia (46.5 tons)

Flakes; of Potatoes Exports in Lithuania

After two years of decline, overseas shipments of flakes; of potatoeses increased by 97% to 61 tons in 2022. Over the period under review, exports, however, recorded a sharp downturn.

In value terms, flakes; of potatoes exports soared to $1.8M in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Flakes; of Potatoes in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A1,7070%
Estonia22.59.631.432.713.3%
Latvia65.443.828.820.1-32.5%
Poland11031.9N/AN/A-71.0%
Others0.84.2N/A18.7185.9%
Total19989.560.31,778107.5%

Top Export Markets for Flakes; of Potatoes from Lithuania in 2022:

  1. Russia (34.6 tons)
  2. Estonia (15.2 tons)
  3. Latvia (10.7 tons)

Source: IndexBox Market Intelligence Platform

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