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Lithuania - Frozen Cuts Of Chicken - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Chicken Cut Price in Lithuania - 2023
Contents:
- Frozen Chicken Cut Price in Lithuania (FOB) - 2023
- Frozen Chicken Cut Price in Lithuania (CIF) - 2023
- Frozen Chicken Cut Exports in Lithuania
- Frozen Chicken Cut Imports in Lithuania
Frozen Chicken Cut Price in Lithuania (FOB) - 2023
The average frozen chicken cut export price stood at $1,861 per ton in September 2023, declining by -8.9% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 15% m-o-m. Over the period under review, the average export prices hit record highs at $2,255 per ton in January 2023; however, from February 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($3,691 per ton), while the average price for exports to Kyrgyzstan ($579 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Chicken Cut Price in Lithuania (CIF) - 2023
In September 2023, the average frozen chicken cut import price amounted to $1,665 per ton, falling by -7.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 18% against the previous month. The import price peaked at $1,911 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($1,920 per ton), while the price for Sweden ($624 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Denmark (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Chicken Cut Exports in Lithuania
Frozen chicken cut exports from Lithuania expanded markedly to 26K tons in 2022, with an increase of 9% on the previous year. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period.
In value terms, frozen chicken cut exports surged to $52M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Frozen Chicken Cut in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 5.0 | 6.0 | 8.8 | 12.2 | 34.6% |
France | 8.8 | 7.3 | 4.7 | 6.9 | -7.8% |
Latvia | 4.7 | 4.0 | 5.0 | 4.6 | -0.7% |
Estonia | 1.6 | 2.6 | 3.2 | 3.9 | 34.6% |
Kazakhstan | 0.2 | 0.6 | 0.3 | 3.6 | 162.1% |
Sweden | 1.7 | 1.2 | 1.7 | 2.9 | 19.5% |
Kyrgyzstan | 0.3 | 0.4 | 1.2 | 2.7 | 108.0% |
Denmark | 3.6 | 2.1 | 1.5 | 1.3 | -28.8% |
French Polynesia | N/A | 0.1 | 0.6 | 1.2 | 246.4% |
Uzbekistan | 0.4 | 0.2 | 1.1 | 1.0 | 35.7% |
Vietnam | 1.4 | 1.6 | 2.2 | 0.9 | -13.7% |
Poland | 0.2 | 0.5 | 0.7 | 0.6 | 44.2% |
Sierra Leone | 0.4 | 0.6 | 0.4 | 0.6 | 14.5% |
Others | 14.2 | 12.2 | 8.8 | 10.0 | -11.0% |
Total | 42.7 | 39.6 | 40.3 | 52.4 | 7.1% |
Top Export Markets for Frozen Chicken Cut from Lithuania in 2022:
- Kyrgyzstan (3.5K tons)
- Netherlands (3.4K tons)
- Kazakhstan (3.0K tons)
- Latvia (2.6K tons)
- France (1.9K tons)
- Uzbekistan (1.4K tons)
- Estonia (1.3K tons)
- Sweden (1.1K tons)
- Vietnam (1.0K tons)
- Sierra Leone (0.8K tons)
- Poland (0.7K tons)
- Denmark (0.5K tons)
- French Polynesia (0.5K tons)
Frozen Chicken Cut Imports in Lithuania
After three years of growth, purchases abroad of frozen cuts of chicken decreased by -4.3% to 15K tons in 2022. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 9.4% against the previous year. As a result, imports attained the peak of 16K tons, and then shrank slightly in the following year.
In value terms, frozen chicken cut imports surged to $25M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Frozen Chicken Cut in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 11.1 | 9.6 | 11.4 | 15.9 | 12.7% |
Netherlands | 1.2 | 1.6 | 2.8 | 2.0 | 18.6% |
Denmark | 1.1 | 1.2 | 1.4 | 1.3 | 5.7% |
Finland | 0.5 | 0.7 | 0.4 | 0.9 | 21.6% |
Latvia | 0.5 | 1.1 | 0.9 | 0.7 | 11.9% |
Hungary | 0.2 | 0.3 | 0.2 | 0.6 | 44.2% |
France | 0.2 | 0.1 | 0.5 | 0.5 | 35.7% |
United Kingdom | 0.7 | 0.2 | 0.6 | 0.4 | -17.0% |
Germany | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
Sweden | N/A | N/A | N/A | 0.2 | 0% |
Others | 0.4 | 0.5 | 2.0 | 2.3 | 79.2% |
Total | 16.3 | 15.7 | 20.6 | 25.3 | 15.8% |
Top Suppliers of Frozen Chicken Cut to Lithuania in 2022:
- Poland (8.7K tons)
- Denmark (1.4K tons)
- Netherlands (1.1K tons)
- Finland (1.0K tons)
- Latvia (0.6K tons)
- Sweden (0.4K tons)
- Germany (0.4K tons)
- United Kingdom (0.3K tons)
- Hungary (0.3K tons)
- France (0.2K tons)
This report provides an in-depth analysis of the frozen chicken cut 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:
- Prodcom 10122053 - Frozen cuts of chicken
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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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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