Mandarins Price in Lithuania - 2023
Contents:
- Mandarins Price in Lithuania (CIF) - 2023
- Mandarins Price in Lithuania (FOB) - 2023
- Mandarins Imports in Lithuania
- Mandarins Exports in Lithuania
Mandarins Price in Lithuania (CIF) - 2023
The average mandarins import price stood at $1,298 per ton in October 2023, reducing by -21% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 40% against the previous month. The import price peaked at $1,686 per ton in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($1,707 per ton), while the price for Turkey ($756 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Mandarins Price in Lithuania (FOB) - 2023
In October 2023, the average mandarins export price amounted to $1,477 per ton, which is down by -9% against the previous month. Overall, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 32% against the previous month. Over the period under review, the average export prices hit record highs at $2,066 per ton in October 2022; however, from November 2022 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Kazakhstan ($1,996 per ton), while the average price for exports to Uzbekistan ($1,273 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.
Mandarins Imports in Lithuania
Mandarins imports into Lithuania was estimated at 12K tons in 2022, with an increase of 4% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4%.
In value terms, mandarins imports rose significantly to $13M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 14% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Mandarins in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 2.0 | N/A | 0.3 | 2.2 | 3.2% |
| Egypt | N/A | N/A | N/A | 2.1 | 0% |
| Netherlands | 0.9 | 1.0 | 1.6 | 1.8 | 26.0% |
| Italy | 2.5 | 4.0 | 3.1 | 1.7 | -12.1% |
| Pakistan | 0.2 | 0.6 | 1.2 | 1.3 | 86.6% |
| Spain | 1.5 | 1.5 | 1.5 | 1.3 | -4.7% |
| South Africa | 0.4 | 0.1 | 0.2 | 0.5 | 7.7% |
| Latvia | 0.5 | 0.6 | 0.3 | 0.5 | 0.0% |
| Greece | 0.6 | 0.2 | 0.4 | 0.4 | -12.6% |
| Turkey | 0.4 | 0.3 | 0.9 | 0.2 | -20.6% |
| Others | 0.2 | 1.5 | 1.6 | 0.6 | 44.2% |
| Total | 9.3 | 9.8 | 11.2 | 12.5 | 10.4% |
Top Suppliers of Mandarins to Lithuania in 2022:
- Pakistan (1.9K tons)
- Morocco (1.9K tons)
- Egypt (1.8K tons)
- Netherlands (1.5K tons)
- Spain (1.4K tons)
- Italy (1.3K tons)
- South Africa (0.6K tons)
- Latvia (0.5K tons)
- Greece (0.4K tons)
- Turkey (0.2K tons)
Mandarins Exports in Lithuania
In 2022, the amount of fruit, edible exported from Lithuania fell rapidly to 3.8K tons, which is down by -24.1% on the year before. Over the period under review, exports recorded a abrupt decrease. The smallest decline of -8.8% was in 2021.
In value terms, mandarins exports dropped to $4.7M in 2022. Overall, exports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 6.2%. As a result, the exports attained the peak of $5.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Mandarins in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 5.2 | 2.1 | 5.2 | 3.5 | -12.4% |
| Italy | N/A | 3.4 | N/A | 0.6 | -58.0% |
| Netherlands | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Bulgaria | N/A | N/A | N/A | 0.3 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.2 | 5.5 | 5.5 | 4.7 | -3.3% |
Top Export Markets for Mandarins from Lithuania in 2022:
- Latvia (2894.1 tons)
- Italy (433.8 tons)
- Netherlands (264.7 tons)
- Bulgaria (209.2 tons)
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