Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Lithuania - 2023

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Lithuania (FOB) - 2022
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Lithuania (CIF) - 2022
3. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Lithuania
4. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Lithuania

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Lithuania (FOB) - 2022

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $663 per ton in 2022, growing by 13% against the previous year. Overall, the export price, however, faced a drastic downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,426 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($790 per ton), while the average price for exports to India amounted to $644 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+6.1%).

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Lithuania (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $524 per ton in 2022, growing by 32% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 156%. As a result, import price reached the peak level of $2,065 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($562 per ton), while the price for Latvia totaled $517 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.0%).

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Lithuania

In 2022, shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by -50.3% to 2.3K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 961%.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses dropped significantly to $1.5M in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 913%.

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Lithuania in 2022:

1. India (2024.0 tons)
2. South Africa (260.0 tons)

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Lithuania

Imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses into Lithuania soared to 840 tons in 2022, rising by 26% against the previous year. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses soared to $440K in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 124%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Lithuania in 2022:

1. Latvia (724.3 tons)
2. Poland (115.3 tons)

Source: IndexBox Market Intelligence Platform