Insects; Live, Bees Price in Lithuania - 2023

Contents:

1. Insects; Live, Bees Price in Lithuania (CIF) - 2022
2. Insects; Live, Bees Price in Lithuania (FOB) - 2022
3. Insects; Live, Bees Imports in Lithuania
4. Insects; Live, Bees Exports in Lithuania

Insects; Live, Bees Price in Lithuania (CIF) - 2022

In 2022, the average insects; live, bees import price amounted to $29 per unit, with a decrease of -22.3% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2021 an increase of 37% against the previous year. As a result, import price attained the peak level of $38 per unit, and then reduced notably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($30 per unit), while the price for the Netherlands ($28 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.2%), while the prices for the other major suppliers experienced a decline.

Insects; Live, Bees Price in Lithuania (FOB) - 2022

The average insects; live, bees export price stood at $22 per unit in 2022, waning by -87.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The export price peaked at $171 per unit in 2021, and then fell remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +9.6% per year.

Insects; Live, Bees Imports in Lithuania

For the fourth consecutive year, Lithuania recorded growth in supplies from abroad of insects; live, beeses, which increased by 4% to 680 units in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, insects; live, bees imports declined remarkably to $20K in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 102% against the previous year. As a result, imports reached the peak of $25K, and then fell notably in the following year.

Top Suppliers of Insects; Live, Bees to Lithuania in 2022:

1. Belgium (342.0 units)
2. Netherlands (261.0 units)
3. Poland (77.0 units)

Insects; Live, Bees Exports in Lithuania

In 2022, insects; live, bees exports from Lithuania soared to 87 units, with an increase of 295% against the previous year. Over the period under review, exports, however, faced a dramatic decrease. The exports peaked at 882 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, insects; live, bees exports contracted markedly to $1.9K in 2022. In general, exports, however, saw a dramatic downturn. The exports peaked at $15K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Insects; Live, Bees from Lithuania in 2022:

1. Netherlands (87.0 units)

Source: IndexBox Market Intelligence Platform