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Lithuania - Ice Cream - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIce Cream Price in Lithuania - 2023
Contents:
- Ice Cream Price in Lithuania (FOB) - 2023
- Ice Cream Price in Lithuania (CIF) - 2023
- Ice Cream Exports in Lithuania
- Ice Cream Imports in Lithuania
Ice Cream Price in Lithuania (FOB) - 2023
In September 2023, the average ice cream export price amounted to $4,160 per ton, surging by 2.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.3%. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 10% against the previous month. As a result, the export price attained the peak level of $4,508 per ton. From June 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Poland ($5,337 per ton), while the average price for exports to the UK ($3,215 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 the UK (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Ice Cream Price in Lithuania (CIF) - 2023
The average ice cream import price stood at $3,131 per ton in September 2023, surging by 2.9% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 12% m-o-m. The import price peaked at $3,508 per ton in May 2023; however, from June 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 ($4,427 per ton), while the price for Latvia ($2,483 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 Germany (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Ice Cream Exports in Lithuania
After three years of growth, overseas shipments of ice cream decreased by -5.9% to 21K tons in 2022. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 23K tons, and then declined in the following year.
In value terms, ice cream exports dropped to $61M in 2022. The total export value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports reached the peak of $67M, and then shrank in the following year.
Export of Ice Cream in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 15.6 | 17.1 | 20.0 | 18.0 | 4.9% |
Poland | 10.0 | 9.3 | 14.3 | 11.8 | 5.7% |
United Kingdom | 4.0 | 4.8 | 4.5 | 5.3 | 9.8% |
Czech Republic | 1.0 | 2.0 | 1.9 | 4.7 | 67.5% |
Sweden | 2.3 | 3.3 | 5.2 | 4.7 | 26.9% |
Latvia | 5.1 | 5.5 | 6.7 | 4.4 | -4.8% |
Israel | 2.1 | 2.2 | 2.4 | 2.6 | 7.4% |
United States | 1.4 | 1.6 | 1.8 | 2.2 | 16.3% |
Estonia | 3.7 | 3.5 | 1.6 | 1.5 | -26.0% |
Others | 5.9 | 5.8 | 8.7 | 6.0 | 0.6% |
Total | 51.0 | 55.0 | 67.1 | 61.0 | 6.1% |
Top Export Markets for Ice Cream from Lithuania in 2022:
- Germany (7.4K tons)
- Poland (3.1K tons)
- United Kingdom (2.3K tons)
- Czech Republic (2.1K tons)
- Latvia (1.9K tons)
- Sweden (1.2K tons)
- United States (0.8K tons)
- Israel (0.8K tons)
- Estonia (0.5K tons)
Ice Cream Imports in Lithuania
In 2022, the amount of ice cream imported into Lithuania shrank to 8.5K tons, flattening at 2021. Overall, imports saw a pronounced decrease. The pace of growth was the most pronounced in 2021 when imports increased by 1.5%.
In value terms, ice cream imports declined modestly to $21M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports attained the peak of $22M, and then fell in the following year.
Import of Ice Cream in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 9.3 | 8.8 | 9.0 | 6.5 | -11.3% |
Latvia | 6.0 | 5.7 | 6.2 | 6.5 | 2.7% |
Germany | 1.6 | 1.8 | 1.7 | 2.9 | 21.9% |
Ukraine | 0.7 | 0.6 | 1.3 | 1.1 | 16.3% |
Belgium | 0.3 | 0.7 | 0.9 | 0.8 | 38.7% |
Czech Republic | 0.6 | 0.6 | 0.3 | 0.5 | -5.9% |
Estonia | 0.6 | 0.4 | 0.4 | 0.3 | -20.6% |
Others | 1.8 | 1.0 | 1.7 | 1.9 | 1.8% |
Total | 20.9 | 19.5 | 21.6 | 20.6 | -0.5% |
Top Suppliers of Ice Cream to Lithuania in 2022:
- Latvia (3.5K tons)
- Poland (2.1K tons)
- Germany (1.1K tons)
- Ukraine (0.6K tons)
- Belgium (0.3K tons)
- Czech Republic (0.2K tons)
- Estonia (0.2K tons)
This report provides an in-depth analysis of the ice cream 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 10521000 - Ice cream and other edible ice (including sherbet, lollipops) (excluding mixes and bases for ice cream)
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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the ice cream market in Lithuania.
This report provides an in-depth analysis of the global ice cream market.
This report provides an in-depth analysis of the ice cream market in Lithuania.
This report provides an in-depth analysis of the global ice cream market.
Explore the top import markets for ice cream worldwide, including Germany, United Kingdom, France, United States, and the Netherlands. Discover key statistics and market insights using IndexBox market intelligence platform.
In 2016, approx. X tons of ice cream were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to ...
Explore the top import markets for ice cream worldwide, including Germany, United Kingdom, France, United States, and the Netherlands. Discover key statistics and market insights using IndexBox market intelligence platform.
In 2016, approx. X tons of ice cream were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to ...