Price for Mollusc Preparations; Mussels, Prepared or Preserved in Lithuania - 2023

Contents:

  1. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Lithuania (CIF) - 2022
  2. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Lithuania (FOB) - 2022
  3. Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Lithuania
  4. Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Lithuania

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Lithuania (CIF) - 2022

In 2022, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $3,153 per ton, declining by -12% against the previous year. In general, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 12%. Over the period under review, average import prices reached the peak figure at $4,955 per ton in 2013; however, from 2014 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 Belgium ($4,546 per ton), while the price for Chile ($2,479 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.5%), while the prices for the other major suppliers experienced a decline.

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Lithuania (FOB) - 2022

The average export price for mollusc preparations; mussels, prepared or preserveds stood at $4,216 per ton in 2022, surging by 8.2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 19% against the previous year. As a result, the export price reached the peak level of $5,245 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($4,385 per ton), while the average price for exports to Estonia ($3,680 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 the Czech Republic (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Lithuania

In 2022, imports of mollusc preparations; mussels, prepared or preserveds into Lithuania surged to 223 tons, growing by 43% on 2021 figures. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds soared to $703K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile59.980.414126464.0%
Netherlands20299.7175184-3.1%
Latvia48.393.085.899.027.0%
Spain55.843.858.475.810.8%
Estonia4.8N/AN/A33.791.5%
Belgium24.339.230.829.87.0%
Denmark7.523.631.0N/A103.3%
Others14.917.834.917.75.9%
Total41739755770319.0%

Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Lithuania in 2022:

  1. Chile (106.4 tons)
  2. Netherlands (51.1 tons)
  3. Latvia (26.9 tons)
  4. Spain (21.4 tons)
  5. Estonia (9.6 tons)
  6. Belgium (6.6 tons)

Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Lithuania

In 2022, shipments abroad of mollusc preparations; mussels, prepared or preserveds was finally on the rise to reach 32 tons after two years of decline. Over the period under review, exports, however, showed a deep slump.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds surged to $135K in 2022. Overall, exports, however, showed a abrupt slump.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia45.853.438.685.823.3%
Estonia90.285.848.234.4-27.5%
Ukraine45.56.75.58.6-42.6%
SpainN/AN/A6.2N/A0%
Others0.92.22.66.391.3%
Total182148101135-9.5%

Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from Lithuania in 2022:

  1. Latvia (19.6 tons)
  2. Estonia (9.3 tons)
  3. Ukraine (2.3 tons)

Source: IndexBox Market Intelligence Platform

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