Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Lithuania - 2023
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Lithuania (CIF) - 2023
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Lithuania (FOB) - 2022
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Lithuania
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Lithuania
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Lithuania (CIF) - 2023
In October 2023, the average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $2,301 per ton, picking up by 7.2% against the previous month. Overall, import price indicated modest growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen increased by +63.3% against August 2023 indices. The growth pace was the most rapid in September 2023 an increase of 52% m-o-m. The import price peaked in October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Ukraine ($5,675 per ton), while the price for Poland ($1,530 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 France (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Lithuania (FOB) - 2022
In 2022, the average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $2,182 per ton, reducing by -6.9% against the previous year. Over the period under review, the export price saw a noticeable curtailment. The pace of growth was the most pronounced in 2016 an increase of 31% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,828 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($5,588 per ton), while the average price for exports to Latvia ($1,287 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 Russia (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Lithuania
In 2022, purchases abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen decreased by -2% to 11K 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 +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 3.3%. As a result, imports attained the peak of 11K tons, and then shrank modestly in the following year.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen reached $14M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 8.3% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 7.0 | 6.9 | 7.3 | 7.4 | 1.9% |
Belgium | 1.5 | 1.2 | 1.5 | 1.8 | 6.3% |
Ukraine | 1.7 | 0.6 | 1.0 | 1.1 | -13.5% |
Latvia | 0.5 | 0.6 | 0.8 | 0.8 | 17.0% |
Russia | 0.7 | 2.8 | 1.3 | 0.7 | 0.0% |
Germany | 0.1 | 0.2 | 0.2 | 0.5 | 71.0% |
Netherlands | 0.1 | 0.3 | 0.4 | 0.4 | 58.7% |
Estonia | 1.0 | 1.0 | 0.8 | 0.3 | -33.1% |
France | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
Others | 0.1 | 0.2 | 0.3 | 0.8 | 100.0% |
Total | 12.9 | 14.0 | 14.0 | 14.0 | 2.8% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Lithuania in 2022:
- Poland (6.3K tons)
- Belgium (1.4K tons)
- Estonia (0.7K tons)
- Latvia (0.6K tons)
- Ukraine (0.3K tons)
- Netherlands (0.3K tons)
- Russia (0.3K tons)
- France (0.2K tons)
- Germany (0.2K tons)
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Lithuania
Exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen from Lithuania shrank to 3.5K tons in 2022, which is down by -11.6% on 2021. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 10%.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen reduced notably to $7.7M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 35%. As a result, the exports attained the peak of $9.4M, and then fell rapidly in the following year.
Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 2,926 | 2,603 | 2,673 | 2,839 | -1.0% |
Italy | 716 | 1,049 | 1,857 | 1,337 | 23.1% |
France | 1,133 | 624 | 1,148 | 996 | -4.2% |
Estonia | 708 | 514 | 480 | 667 | -2.0% |
Poland | 673 | 741 | 1,463 | 539 | -7.1% |
Romania | 484 | 407 | 409 | 371 | -8.5% |
Bulgaria | 54.4 | 183 | 107 | 138 | 36.4% |
Others | 893 | 808 | 1,241 | 828 | -2.5% |
Total | 7,588 | 6,930 | 9,378 | 7,715 | 0.6% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Lithuania in 2022:
- Latvia (2205.1 tons)
- Estonia (416.5 tons)
- Italy (239.3 tons)
- Poland (181.9 tons)
- France (178.7 tons)
- Romania (80.9 tons)
- Bulgaria (54.7 tons)
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