Price for Cereal Grains; Rolled or Flaked, of Oats in Lithuania - 2023

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Oats in Lithuania (FOB) - 2023
2. Price for Cereal Grains; Rolled or Flaked, of Oats in Lithuania (CIF) - 2023
3. Exports of Cereal Grains; Rolled or Flaked, of Oats in Lithuania
4. Imports of Cereal Grains; Rolled or Flaked, of Oats in Lithuania

Price for Cereal Grains; Rolled or Flaked, of Oats in Lithuania (FOB) - 2023

The average export price for cereal grains; rolled or flaked, of oatses stood at $774 per ton in September 2023, falling by -4.4% against the previous month. Over the period under review, the export price continues to indicate a perceptible decline. The growth pace was the most rapid in April 2023 an increase of 15% against the previous month. As a result, the export price reached the peak level of $998 per ton. From May 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Ghana ($1,183 per ton), while the average price for exports to Egypt ($650 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+89.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Oats in Lithuania (CIF) - 2023

The average import price for cereal grains; rolled or flaked, of oatses stood at $1,003 per ton in September 2023, flattening at the previous month. Over the period under review, the import price showed a slight setback. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 12% m-o-m. As a result, import price attained the peak level of $1,273 per ton. From February 2023 to September 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($4,516 per ton), while the price for Latvia ($919 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Grains; Rolled or Flaked, of Oats in Lithuania

In 2022, approx. 17K tons of cereal grains; rolled or flaked, of oatses were exported from Lithuania; rising by 26% on the previous year's figure. The total export volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, 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.

In value terms, exports of cereal grains; rolled or flaked, of oatses skyrocketed to $14M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Lithuania in 2022:

1. Morocco (4.4K tons)
2. South Africa (4.0K tons)
3. Egypt (1.2K tons)
4. Poland (1.2K tons)
5. Japan (0.8K tons)
6. Italy (0.6K tons)
7. Latvia (0.6K tons)
8. Russia (0.6K tons)
9. Estonia (0.4K tons)
10. Malaysia (0.4K tons)
11. United Arab Emirates (0.3K tons)
12. Germany (0.1K tons)

Imports of Cereal Grains; Rolled or Flaked, of Oats in Lithuania

In 2022, overseas purchases of cereal grains; rolled or flaked, of oatses were finally on the rise to reach 4.6K tons after two years of decline. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of oatses surged to $4.6M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Lithuania in 2022:

1. Latvia (1533.3 tons)
2. Poland (913.9 tons)
3. Finland (841.2 tons)
4. Netherlands (704.9 tons)
5. Germany (368.9 tons)
6. Czech Republic (132.7 tons)

Source: IndexBox Market Intelligence Platform