Lithuania - Sausages And Similar Products Of Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSausage Price in Lithuania - 2023
Contents:
- Sausage Price in Lithuania (CIF) - 2023
- Sausage Price in Lithuania (FOB) - 2023
- Sausage Imports in Lithuania
- Sausage Exports in Lithuania
Sausage Price in Lithuania (CIF) - 2023
The average sausage import price stood at $3,683 per ton in September 2023, shrinking by -34.1% against the previous month. In general, import price indicated a modest increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, sausage import price decreased by -34.1% against August 2023 indices. The pace of growth was the most pronounced in May 2023 an increase of 28% month-to-month. Over the period under review, average import prices attained the peak figure at $5,589 per ton in August 2023, and then contracted sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($10,618 per ton), while the price for Estonia ($1,439 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 Germany (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Sausage Price in Lithuania (FOB) - 2023
The average sausage export price stood at $4,556 per ton in September 2023, dropping by -6.3% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in June 2023 an increase of 26% month-to-month. Over the period under review, the average export prices hit record highs at $4,860 per ton in August 2023, and then dropped in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($11,176 per ton), while the average price for exports to Tajikistan ($1,803 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 Poland (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Sausage Imports in Lithuania
Sausage imports into Lithuania amounted to 13K tons in 2022, surging by 1.6% against the year before. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 10%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, sausage imports rose notably to $46M in 2022. The total import value increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Sausage in Lithuania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 18.0 | 19.9 | 19.4 | 21.1 | 5.4% |
Spain | 6.2 | 8.6 | 7.8 | 8.3 | 10.2% |
Estonia | 3.4 | 3.8 | 4.4 | 5.5 | 17.4% |
Latvia | 4.1 | 6.2 | 6.2 | 4.7 | 4.7% |
Germany | 2.2 | 3.3 | 3.1 | 3.8 | 20.0% |
Czech Republic | 1.6 | 1.1 | 0.8 | 0.9 | -17.5% |
Hungary | N/A | 0.3 | 0.5 | 0.5 | 29.1% |
Others | 0.8 | 1.2 | 1.6 | 1.7 | 28.6% |
Total | 36.3 | 44.4 | 43.9 | 46.4 | 8.5% |
Top Suppliers of Sausage to Lithuania in 2022:
- Poland (6.4K tons)
- Estonia (2.5K tons)
- Latvia (1.3K tons)
- Spain (1.1K tons)
- Germany (0.8K tons)
- Czech Republic (0.2K tons)
- Hungary (0.2K tons)
Sausage Exports in Lithuania
In 2022, the amount of sausages and similar products of meat exported from Lithuania contracted slightly to 8.1K tons, approximately reflecting 2021 figures. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 15%. As a result, the exports reached the peak of 8.2K tons, and then reduced in the following year.
In value terms, sausage exports expanded sharply to $28M in 2022. The total export value increased at an average annual rate of +11.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
Export of Sausage in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 6.6 | 7.1 | 8.8 | 11.1 | 18.9% |
United Kingdom | 4.5 | 5.2 | 5.7 | 4.2 | -2.3% |
Poland | 1.9 | 1.6 | 1.7 | 3.6 | 23.7% |
Estonia | 1.2 | 1.4 | 1.8 | 2.0 | 18.6% |
Germany | 1.1 | 1.2 | 1.7 | 1.7 | 15.6% |
Ireland | 1.1 | 1.3 | 1.3 | 1.3 | 5.7% |
United States | 0.7 | 0.9 | 1.0 | 0.9 | 8.7% |
Netherlands | 0.9 | 0.8 | 1.4 | 0.8 | -3.9% |
Tajikistan | 1.2 | 0.3 | 0.7 | 0.6 | -20.6% |
France | 0.4 | 0.4 | N/A | N/A | 0.0% |
Others | 1.0 | 1.9 | 2.1 | 2.1 | 28.1% |
Total | 20.6 | 22.2 | 26.2 | 28.1 | 10.9% |
Top Export Markets for Sausage from Lithuania in 2022:
- Latvia (3603.8 tons)
- United Kingdom (887.1 tons)
- Estonia (616.0 tons)
- Poland (515.3 tons)
- Netherlands (513.6 tons)
- Tajikistan (439.6 tons)
- Germany (438.5 tons)
- Ireland (283.3 tons)
- United States (180.8 tons)
- France (1.1 tons)
This report provides an in-depth analysis of the sausage market 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:
- Prodcom 10131430 - Liver sausages and similar products and food preparations based thereon (excluding prepared meals and dishes)
- Prodcom 10131460 - Sausages and similar products of meat, offal or blood and food preparations based thereon (excluding liver sausages and prepared meals and dishes)
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the sausage market in Lithuania.
This report provides an in-depth analysis of the meat dishes market in Lithuania.
This report provides an in-depth analysis of the processed meat market in Lithuania.
This report provides an in-depth analysis of the global sausage market.
This report provides an in-depth analysis of the global meat dishes market.
This report provides an in-depth analysis of the global processed meat market.
This report provides an in-depth analysis of the sausage market in Lithuania.
This report provides an in-depth analysis of the meat dishes market in Lithuania.
This report provides an in-depth analysis of the processed meat market in Lithuania.
This report provides an in-depth analysis of the global sausage market.
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
Explore the leading import markets for meat dishes, including the United Kingdom, Japan, Germany, and more. Discover key statistics and numbers from IndexBox platform.
Processed meat has become a staple in many countries around the world, providing convenience and a wide variety of flavors to consumers. As global trade continues to flourish, it's essential to identify the top import markets for processed meat. By leveraging the power of market intelligence platforms like IndexBox, we can gain valuable insights into the world's most significant players in this industry. The United Kingdom is the leading import market for processed meat, with an impressive import value of $9.7 billion USD in 2022. Japan ranks second on the list of top import markets for processed meat, with an import value of $7.2 billion USD in 2022. Germany holds the third position among the world's top import markets for processed meat, with an import value of $5.1 billion USD in 2022. France ranks fourth on the list, with an import value of $4.3 billion USD in 2022. The United States completes the top five import markets for processed meat, with an import value of $4.2 billion USD in 2022. Market intelligence platforms like IndexBox provide essential insights into the global trade dynamics and help businesses make informed decisions. By identifying the top import markets for processed meat, exporters can target their marketing efforts and develop suitable strategies to tap into these lucrative opportunities. Understanding the consumption patterns, preferences, and growth potential of these markets is crucial for achieving success in the processed meat industry. In conclusion, the United Kingdom, Japan, Germany, France, and the United States top the list of import markets for processed meat. These countries exhibit strong demand for processed meat products, driven by factors such as convenience, changing consumer lifestyles, and a preference for diverse flavors. Exporters can leverage market intelligence platforms like IndexBox to gain comprehensive insights, enabling them to capitalize on the immense potential of these import markets.
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
Explore the leading import markets for meat dishes, including the United Kingdom, Japan, Germany, and more. Discover key statistics and numbers from IndexBox platform.
Processed meat has become a staple in many countries around the world, providing convenience and a wide variety of flavors to consumers. As global trade continues to flourish, it's essential to identify the top import markets for processed meat. By leveraging the power of market intelligence platforms like IndexBox, we can gain valuable insights into the world's most significant players in this industry. The United Kingdom is the leading import market for processed meat, with an impressive import value of $9.7 billion USD in 2022. Japan ranks second on the list of top import markets for processed meat, with an import value of $7.2 billion USD in 2022. Germany holds the third position among the world's top import markets for processed meat, with an import value of $5.1 billion USD in 2022. France ranks fourth on the list, with an import value of $4.3 billion USD in 2022. The United States completes the top five import markets for processed meat, with an import value of $4.2 billion USD in 2022. Market intelligence platforms like IndexBox provide essential insights into the global trade dynamics and help businesses make informed decisions. By identifying the top import markets for processed meat, exporters can target their marketing efforts and develop suitable strategies to tap into these lucrative opportunities. Understanding the consumption patterns, preferences, and growth potential of these markets is crucial for achieving success in the processed meat industry. In conclusion, the United Kingdom, Japan, Germany, France, and the United States top the list of import markets for processed meat. These countries exhibit strong demand for processed meat products, driven by factors such as convenience, changing consumer lifestyles, and a preference for diverse flavors. Exporters can leverage market intelligence platforms like IndexBox to gain comprehensive insights, enabling them to capitalize on the immense potential of these import markets.