Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Lithuania - 2023

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Lithuania (CIF) - 2022
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Lithuania (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Lithuania
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Lithuania

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Lithuania (CIF) - 2022

In 2022, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,503 per ton, which is down by -9.3% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 21% against the previous year. The import price peaked at $1,899 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Latvia ($3,397 per ton), while the price for Uzbekistan ($1,110 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Lithuania (FOB) - 2022

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,526 per ton in 2022, falling by -34.6% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 55% against the previous year. As a result, the export price attained the peak level of $2,334 per ton, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($3,632 per ton), while the average price for exports to Poland ($1,499 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+3.0%), while the prices for the other major destinations experienced a decline.

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Lithuania

In 2022, the amount of ground-nuts; other than seed, not roasted or otherwise cooked, in shell imported into Lithuania shrank rapidly to 60 tons, declining by -40% compared with the previous year's figure. In general, imports showed a precipitous decrease. The smallest decline of -8.4% was in 2020.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell reduced remarkably to $91K in 2022. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Lithuania in 2022:

1. Uzbekistan (38.1 tons)
2. China (18.2 tons)
3. Poland (3.4 tons)
4. Latvia (0.6 tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Lithuania

In 2022, approx. 21 tons of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were exported from Lithuania; picking up by 4,984% on 2021 figures. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell surged to $32K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Lithuania in 2022:

1. Poland (20.0 tons)
2. Latvia (1.0 tons)

Source: IndexBox Market Intelligence Platform