Price for Cereals; Grain Sorghum, Other than Seed in Lithuania - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Lithuania (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Lithuania (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Lithuania
- Exports of Cereals; Grain Sorghum, Other than Seed in Lithuania
Price for Cereals; Grain Sorghum, Other than Seed in Lithuania (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $741 per ton, growing by 66% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 148%. The import price peaked at $886 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,744 per ton), while the price for Poland amounted to $510 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Grain Sorghum, Other than Seed in Lithuania (FOB) - 2022
In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $1,855 per ton, shrinking by -20% against the previous year. Overall, the export price recorded a sharp slump. The pace of growth was the most pronounced in 2017 an increase of 5.6% against the previous year. As a result, the export price attained the peak level of $12,667 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2016 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -34.3% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Lithuania
In 2022, overseas purchases of cereals; grain sorghum, other than seeds decreased by -13.2% to 58 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,101%.
In value terms, imports of cereals; grain sorghum, other than seeds skyrocketed to $43K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 538% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Cereals; Grain Sorghum, Other than Seed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | 4.6 | 29.0 | 26.5 | 140.0% |
| Italy | N/A | N/A | N/A | 16.5 | 0% |
| Latvia | 1.0 | 2.1 | 0.8 | N/A | -10.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 6.7 | 29.8 | 43.0 | 250.3% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Lithuania in 2022:
- Poland (52.0 tons)
- Italy (6.0 tons)
Exports of Cereals; Grain Sorghum, Other than Seed in Lithuania
In 2022, the amount of cereals; grain sorghum, other than seeds exported from Lithuania fell notably to 807 kg, waning by -37.4% on 2021. Overall, exports recorded a dramatic downturn.
In value terms, exports of cereals; grain sorghum, other than seeds dropped sharply to $1.5K in 2022. In general, exports showed a dramatic contraction.
| Export of Cereals; Grain Sorghum, Other than Seed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | 3.0 | 1.5 | -50.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 3.0 | 1.5 | -50.0% | ||
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Lithuania in 2022:
- Netherlands (807.0 kg)
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