Price for Protein; Concentrates and Textured Protein Substances in Lithuania - 2024
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Lithuania (CIF) - 2022
- Price for Protein; Concentrates and Textured Protein Substances in Lithuania (FOB) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Lithuania
- Exports of Protein; Concentrates and Textured Protein Substances in Lithuania
Price for Protein; Concentrates and Textured Protein Substances in Lithuania (CIF) - 2022
The average import price for protein; concentrates and textured protein substanceses stood at $4,264 per ton in 2022, increasing by 27% against the previous year. In general, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 66%. The import price peaked in 2022 and is likely to continue growth in years to come.
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 Germany ($12,712 per ton), while the price for Finland ($1,113 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Lithuania (FOB) - 2022
In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $3,756 per ton, jumping by 117% against the previous year. Over the period under review, the export price enjoyed resilient growth. The export price peaked at $4,307 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($15,475 per ton), while the average price for exports to Russia ($2,050 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 Latvia (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in Lithuania
After two years of decline, purchases abroad of protein; concentrates and textured protein substanceses increased by 5.8% to 1.1K tons in 2022. Overall, imports, however, recorded a mild downturn.
In value terms, imports of protein; concentrates and textured protein substanceses surged to $4.9M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Protein; Concentrates and Textured Protein Substances in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 373 | 434 | 932 | 1,293 | 51.3% |
| Germany | 90.8 | 57.3 | 555 | 1,185 | 135.4% |
| Finland | 71.4 | 141 | 246 | 293 | 60.1% |
| Slovakia | 62.2 | 118 | 203 | 291 | 67.3% |
| Latvia | 329 | 596 | 269 | 280 | -5.2% |
| Czech Republic | 181 | 184 | 213 | 276 | 15.1% |
| Poland | 153 | 141 | 193 | 192 | 7.9% |
| Netherlands | 267 | 145 | 281 | 164 | -15.0% |
| Denmark | 441 | 243 | 121 | 98.7 | -39.3% |
| Argentina | 18.0 | 19.4 | 18.5 | 47.8 | 38.5% |
| Ireland | 43.2 | 332 | N/A | N/A | 668.5% |
| China | 82.6 | N/A | 0.5 | N/A | -92.2% |
| Others | 230 | 267 | 587 | 755 | 48.6% |
| Total | 2,343 | 2,677 | 3,619 | 4,875 | 27.7% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Lithuania in 2022:
- United States (281.2 tons)
- Finland (263.4 tons)
- Latvia (106.1 tons)
- Germany (93.2 tons)
- Slovakia (91.5 tons)
- Denmark (72.9 tons)
- Czech Republic (71.6 tons)
- Argentina (37.3 tons)
- Poland (31.8 tons)
- Netherlands (26.6 tons)
Exports of Protein; Concentrates and Textured Protein Substances in Lithuania
For the third year in a row, Lithuania recorded decline in shipments abroad of protein; concentrates and textured protein substanceses, which decreased by -71.6% to 320 tons in 2022. In general, exports recorded a dramatic contraction. The smallest decline of -5.8% was in 2021.
In value terms, exports of protein; concentrates and textured protein substanceses contracted sharply to $1.2M in 2022. Over the period under review, exports showed a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 17%.
| Export of Protein; Concentrates and Textured Protein Substances in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3,175 | 1,212 | 1,297 | 384 | -50.5% |
| Belarus | 2.4 | 85.4 | 24.3 | 253 | 372.4% |
| Latvia | 180 | 262 | 377 | 228 | 8.2% |
| Kazakhstan | 1.3 | 3.1 | 0.1 | 136 | 371.2% |
| Estonia | 58.8 | 83.3 | 71.9 | 70.4 | 6.2% |
| Spain | 103 | N/A | 36.8 | 55.5 | -18.6% |
| Others | 101 | 25.8 | 150 | 77.5 | -8.4% |
| Total | 3,622 | 1,672 | 1,957 | 1,203 | -30.7% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Lithuania in 2022:
- Russia (187.2 tons)
- Belarus (57.2 tons)
- Latvia (33.0 tons)
- Spain (17.5 tons)
- Estonia (11.9 tons)
- Kazakhstan (8.8 tons)
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