Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Lithuania - 2023

Contents:

  1. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Lithuania (FOB) - 2022
  2. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Lithuania (CIF) - 2022
  3. Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Lithuania
  4. Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Lithuania

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Lithuania (FOB) - 2022

The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $6,840 per ton in 2022, with a decrease of -4.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 25% against the previous year. The export price peaked at $8,295 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($9,282 per ton), while the average price for exports to Sweden ($5,675 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 Germany (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Lithuania (CIF) - 2022

In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $7,060 per ton, surging by 7.6% against the previous year. In general, the import price, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2013 an increase of 22% against the previous year. As a result, import price reached the peak level of $10,582 per ton. From 2014 to 2022, the average 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 Italy ($9,502 per ton), while the price for Slovakia ($4,370 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+0.8%), while the prices for the other major suppliers experienced a decline.

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Lithuania

After three years of growth, overseas shipments of nuts, edible; mixtures of nuts or dried fruits of chapter 8 decreased by -7.3% to 1K tons in 2022. The total export volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28%.

In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 reduced to $7M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24%. As a result, the exports reached the peak of $8.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland2.72.92.72.5-2.5%
Latvia1.61.82.01.95.9%
Estonia1.61.61.41.1-11.7%
Sweden0.40.60.50.57.7%
GermanyN/A0.50.60.50.0%
DenmarkN/A0.20.30.20.0%
Norway0.20.20.30.20.0%
Others0.10.30.20.10.0%
Total6.68.17.97.02.0%

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Lithuania in 2022:

  1. Finland (339.7 tons)
  2. Latvia (281.5 tons)
  3. Estonia (173.0 tons)
  4. Sweden (86.1 tons)
  5. Germany (67.9 tons)
  6. Denmark (31.8 tons)
  7. Norway (24.8 tons)

Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Lithuania

In 2022, approx. 232 tons of nuts, edible; mixtures of nuts or dried fruits of chapter 8 were imported into Lithuania; shrinking by -8.7% against 2021. In general, imports saw a abrupt curtailment. The smallest decline of -3% was in 2021.

In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 contracted modestly to $1.6M in 2022. Overall, imports saw a abrupt slump.

Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,162966795659-17.2%
Latvia4254003825146.5%
Poland33.910924017572.8%
Italy18.112210975.260.8%
FinlandN/AN/A6.871.9957.4%
Slovakia57.679.062.855.7-1.1%
Netherlands17115935.449.7-33.8%
Others88.170.138.138.4-24.2%
Total1,9561,9051,6691,639-5.7%

Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Lithuania in 2022:

  1. Germany (84.6 tons)
  2. Latvia (76.6 tons)
  3. Poland (26.4 tons)
  4. Slovakia (12.8 tons)
  5. Finland (11.1 tons)
  6. Netherlands (8.3 tons)
  7. Italy (7.9 tons)

Source: IndexBox Market Intelligence Platform

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