Lithuania - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Yoghurt and Fermented Milk in Lithuania - 2023
Contents:
- Price for Yoghurt and Fermented Milk in Lithuania (CIF) - 2023
- Price for Yoghurt and Fermented Milk in Lithuania (FOB) - 2023
- Imports of Yoghurt and Fermented Milk in Lithuania
- Exports of Yoghurt and Fermented Milk in Lithuania
Price for Yoghurt and Fermented Milk in Lithuania (CIF) - 2023
The average yoghurt and fermented milk import price stood at $1,785 per ton in September 2023, surging by 2.1% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 12% m-o-m. As a result, import price attained the peak level of $1,864 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Estonia ($2,575 per ton), while the price for Poland ($1,663 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Estonia (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yoghurt and Fermented Milk in Lithuania (FOB) - 2023
In September 2023, the average yoghurt and fermented milk export price amounted to $2,063 per ton, remaining constant against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 18% month-to-month. As a result, the export price reached the peak level of $2,525 per ton. From April 2023 to September 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 Germany ($3,261 per ton), while the average price for exports to Latvia ($1,382 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yoghurt and Fermented Milk in Lithuania
In 2022, yoghurt and fermented milk imports into Lithuania expanded modestly to 17K tons, surging by 2.2% compared with the previous year. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 13%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, yoghurt and fermented milk imports totaled $27M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Yoghurt and Fermented Milk in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 16.7 | 14.4 | 16.0 | 16.0 | -1.4% |
| Germany | 3.2 | 3.1 | 4.4 | 4.9 | 15.3% |
| Latvia | 2.0 | 1.6 | 2.0 | 2.1 | 1.6% |
| Estonia | 1.9 | 1.7 | 1.9 | 2.0 | 1.7% |
| Czech Republic | 0.3 | 0.3 | 0.5 | 0.7 | 32.6% |
| Others | 0.4 | 0.4 | 0.7 | 1.1 | 40.1% |
| Total | 24.5 | 21.5 | 25.5 | 26.8 | 3.0% |
Top Suppliers of Yoghurt and Fermented Milk to Lithuania in 2022:
- Poland (10.7K tons)
- Germany (3.1K tons)
- Latvia (1.1K tons)
- Estonia (1.0K tons)
- Czech Republic (0.4K tons)
Exports of Yoghurt and Fermented Milk in Lithuania
Yoghurt and fermented milk exports from Lithuania skyrocketed to 10K tons in 2022, with an increase of 36% compared with the previous year's figure. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, yoghurt and fermented milk exports surged to $17M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Yoghurt and Fermented Milk in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 2.9 | 2.3 | 2.8 | 6.4 | 30.2% |
| Germany | 2.6 | 3.9 | 4.4 | 4.6 | 20.9% |
| United Kingdom | 1.7 | 1.6 | 2.0 | 1.7 | 0.0% |
| Poland | 0.6 | 0.4 | 1.4 | 1.0 | 18.6% |
| Estonia | 0.4 | 0.4 | 0.6 | 0.9 | 31.0% |
| Ireland | 0.6 | 0.8 | 0.8 | 0.8 | 10.1% |
| Others | 2.4 | 2.0 | 1.5 | 1.8 | -9.1% |
| Total | 11.2 | 11.4 | 13.5 | 17.3 | 15.6% |
Top Export Markets for Yoghurt and Fermented Milk from Lithuania in 2022:
- Latvia (5.3K tons)
- Germany (1.6K tons)
- Estonia (0.9K tons)
- United Kingdom (0.9K tons)
- Poland (0.3K tons)
- Ireland (0.3K tons)
This report provides an in-depth analysis of the market for yoghurt and fermented milk in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 891 - Yoghurt
- FCL 892 - Yoghurt, Concentrated or Unconcent
- FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
- FCL 899 - Dry Buttermilk
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for yoghurt and fermented milk in Lithuania.
525
This report provides an in-depth analysis of the yoghurt market in Lithuania.
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This report provides an in-depth analysis of the market for buttermilk and buttermilk powder in Lithuania.
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This report provides an in-depth analysis of the global market for yoghurt and fermented milk.
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This report provides an in-depth analysis of the global yoghurt market.
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This report provides an in-depth analysis of the global market for buttermilk and buttermilk powder.
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This report provides an in-depth analysis of the market for yoghurt and fermented milk in Lithuania.
525
This report provides an in-depth analysis of the yoghurt market in Lithuania.
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This report provides an in-depth analysis of the market for buttermilk and buttermilk powder in Lithuania.
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Global Fermented Milk Products Market Report 2018. This report provides an in-depth analysis of the global fermented milk products market.
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Discover the top import markets for yoghurt, including the United Kingdom, Italy, Spain, Netherlands, and Belgium. Explore key statistics and data from the IndexBox market intelligence platform.
733
The global yoghurt imports dropped by -7.2% y-o-y to $2.4B in 2020. The UK remains the leading yoghurt importer worldwide. Last year, the UK emerged as the fastest-growing country in terms of yoghurt imports. In 2020, France, Germany and Belgium were the prime suppliers of yoghurt to the UK, providing 80% of the total import volume.
1403
Germany dominates in the global yoghurt trade. In 2014, Germany exported X thousand tons of yoghurt totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total yoghurt exports in v
422
Discover the top import markets for yoghurt, including the United Kingdom, Italy, Spain, Netherlands, and Belgium. Explore key statistics and data from the IndexBox market intelligence platform.
733
The global yoghurt imports dropped by -7.2% y-o-y to $2.4B in 2020. The UK remains the leading yoghurt importer worldwide. Last year, the UK emerged as the fastest-growing country in terms of yoghurt imports. In 2020, France, Germany and Belgium were the prime suppliers of yoghurt to the UK, providing 80% of the total import volume.
1403
Germany dominates in the global yoghurt trade. In 2014, Germany exported X thousand tons of yoghurt totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total yoghurt exports in v
