Price for Crustacean Preparations; Lobster, Prepared or Preserved in Lithuania - 2023

Contents:

  1. Price for Crustacean Preparations; Lobster, Prepared or Preserved in Lithuania (CIF) - 2022
  2. Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Lithuania

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Lithuania (CIF) - 2022

In 2022, the average import price for crustacean preparations; lobster, prepared or preserveds amounted to $16,578 per ton, jumping by 18% against the previous year. Over the period under review, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 72% against the previous year. Over the period under review, average import prices attained the peak figure at $33,000 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($40,467 per ton), while the price for Spain ($7,060 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Lithuania

In 2022, approx. 4.2 tons of crustacean preparations; lobster, prepared or preserveds were imported into Lithuania; picking up by 30,043% against the previous year's figure. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of crustacean preparations; lobster, prepared or preserveds soared to $70K in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Crustacean Preparations; Lobster, Prepared or Preserved in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A48.60%
SpainN/AN/AN/A21.20%
Italy5.9N/AN/AN/A0%
Others2.9N/A0.20.2-59.0%
Total8.9N/A0.270.098.9%

Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Lithuania in 2022:

  1. Spain (3.0 tons)
  2. Netherlands (1.2 tons)

Source: IndexBox Market Intelligence Platform

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