Lithuania - Fresh Or Chilled Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fresh or Chilled Turkey Cut in Lithuania - 2023
Contents:
- Price for Fresh or Chilled Turkey Cut in Lithuania (CIF) - 2023
- Price for Fresh or Chilled Turkey Cut in Lithuania (FOB) - 2023
- Imports of Fresh or Chilled Turkey Cut in Lithuania
- Exports of Fresh or Chilled Turkey Cut in Lithuania
Price for Fresh or Chilled Turkey Cut in Lithuania (CIF) - 2023
The average import price for fresh or chilled turkey cuts stood at $3,966 per ton in September 2023, shrinking by -11.9% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 14% month-to-month. Over the period under review, average import prices attained the peak figure at $5,405 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Poland.
From September 2022 to September 2023, the rate of growth in terms of prices for Latvia amounted to +1.1% per month.
Price for Fresh or Chilled Turkey Cut in Lithuania (FOB) - 2023
The average export price for fresh or chilled turkey cuts stood at $5,270 per ton in September 2023, which is down by -4.3% against the previous month. Over the period under review, the export price, however, saw a slight expansion. The growth pace was the most rapid in June 2023 an increase of 24% against the previous month. The export price peaked at $5,508 per ton in August 2023, and then declined in the following month.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Poland ($8,520 per ton), while the average price for exports to Latvia ($4,644 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Turkey Cut in Lithuania
In 2022, purchases abroad of fresh or chilled turkey cuts decreased by -30% to 1.7K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. As a result, imports reached the peak of 2.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, fresh or chilled turkey cut imports declined to $7.6M in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 9.3%. As a result, imports reached the peak of $8.2M, and then dropped in the following year.
Import of Fresh or Chilled Turkey Cut in Lithuania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 7.3 | 7.1 | 7.7 | 7.3 | 0.0% |
Latvia | 0.1 | 0.3 | 0.3 | 0.3 | 44.2% |
Others | 0.3 | 0.1 | 0.2 | N/A | -18.4% |
Total | 7.8 | 7.5 | 8.2 | 7.6 | -0.9% |
Top Suppliers of Fresh or Chilled Turkey Cut to Lithuania in 2022:
- Poland (1660.4 tons)
- Latvia (38.7 tons)
Exports of Fresh or Chilled Turkey Cut in Lithuania
In 2022, the amount of fresh or chilled turkey cuts exported from Lithuania reduced to 238 tons, waning by -12% on the previous year. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 119%. As a result, the exports reached the peak of 271 tons, and then contracted in the following year.
In value terms, fresh or chilled turkey cut exports surged to $1M in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 228% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
Export of Fresh or Chilled Turkey Cut in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 209 | 181 | 155 | 520 | 35.5% |
Finland | N/A | N/A | 74.8 | 131 | 75.1% |
Sweden | N/A | N/A | 184 | 108 | -41.3% |
Croatia | N/A | N/A | 49.6 | 90.4 | 82.3% |
Estonia | 145 | 11.0 | 174 | 87.5 | -15.5% |
Poland | 79.5 | 11.4 | 59.8 | 82.1 | 1.1% |
Netherlands | N/A | N/A | 77.0 | 17.8 | -76.9% |
Spain | N/A | 57.6 | N/A | N/A | 0% |
Italy | N/A | N/A | 77.0 | N/A | 0% |
Others | N/A | N/A | 5.6 | 1.1 | -80.4% |
Total | 434 | 261 | 857 | 1,037 | 33.7% |
Top Export Markets for Fresh or Chilled Turkey Cut from Lithuania in 2022:
- Latvia (116.1 tons)
- Sweden (36.0 tons)
- Finland (24.4 tons)
- Croatia (19.0 tons)
- Poland (16.5 tons)
- Estonia (15.7 tons)
- Netherlands (10.2 tons)
This report provides an in-depth analysis of the market for fresh or chilled turkey cut in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10121060 - Fresh or chilled cuts of turkey
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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