Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Lithuania - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Lithuania (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Lithuania (FOB) - 2023
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Lithuania
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Lithuania
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Lithuania (CIF) - 2023
In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $6,184 per ton, rising by 3.9% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 10% against the previous month. The import price peaked at $6,832 per ton in November 2022; however, from December 2022 to October 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($8,276 per ton), while the price for Vietnam ($6,025 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Lithuania (FOB) - 2023
In October 2023, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $7,112 per ton, with a decrease of -10.7% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 28% month-to-month. As a result, the export price reached the peak level of $8,518 per ton. From May 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Estonia ($8,769 per ton), while the average price for exports to the UK ($4,302 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Lithuania
In 2022, overseas purchases of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -10.9% to 2.3K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 24%.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds reduced to $15M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 13%.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 12.7 | 13.7 | 14.8 | 13.9 | 3.1% |
| Germany | 0.4 | 0.5 | 0.8 | 0.8 | 26.0% |
| Netherlands | 0.6 | 1.6 | 2.0 | 0.4 | -12.6% |
| Others | 0.6 | 0.6 | 0.6 | 0.4 | -12.6% |
| Total | 14.4 | 16.3 | 18.2 | 15.5 | 2.5% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Lithuania in 2022:
- Vietnam (2091.7 tons)
- Germany (91.6 tons)
- Netherlands (67.9 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Lithuania
In 2022, shipments abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -4.1% to 1.1K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds contracted to $8.1M in 2022. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 7.6%. As a result, the exports reached the peak of $10M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 6.1 | 6.4 | 5.2 | 3.6 | -16.1% |
| Latvia | 0.9 | 1.0 | 1.3 | 1.6 | 21.1% |
| Belarus | 0.8 | 0.5 | 0.9 | 1.5 | 23.3% |
| Estonia | 0.6 | 0.6 | 0.6 | 0.4 | -12.6% |
| Sweden | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
| Poland | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Norway | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Others | 0.4 | 0.9 | 0.5 | 0.2 | -20.6% |
| Total | 9.5 | 10.2 | 9.2 | 8.1 | -5.2% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Lithuania in 2022:
- Finland (449.2 tons)
- Belarus (288.0 tons)
- Latvia (215.2 tons)
- Sweden (54.9 tons)
- Estonia (48.4 tons)
- Poland (25.3 tons)
- Norway (24.8 tons)
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