Lithuania - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Walnut Price in Lithuania - 2024
Contents:
- Shelled Walnut Price in Lithuania (CIF) - 2024
- Shelled Walnut Price in Lithuania (FOB) - 2024
- Shelled Walnut Imports in Lithuania
- Shelled Walnut Exports in Lithuania
Shelled Walnut Price in Lithuania (CIF) - 2024
In September 2023, the average shelled walnut import price amounted to $4,536 per ton, approximately equating the previous month. Overall, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in July 2023 an increase of 6.3% m-o-m. The import price peaked at $5,956 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($11,564 per ton), while the price for China ($3,269 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Shelled Walnut Price in Lithuania (FOB) - 2024
The average shelled walnut export price stood at $6,671 per ton in September 2023, almost unchanged from the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 18% m-o-m. The export price peaked at $7,029 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In September 2023, the countries with the highest prices were Iceland ($7,709 per ton) and Denmark ($7,192 per ton), while the average price for exports to Poland ($5,436 per ton) and Latvia ($6,100 per ton) were amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Walnut Imports in Lithuania
In 2022, after three years of growth, there was significant decline in purchases abroad of shelled walnuts, when their volume decreased by -22% to 1.1K tons. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of 1.4K tons, and then fell dramatically in the following year.
In value terms, shelled walnut imports reduced sharply to $6.1M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year.
| Import of Shelled Walnut in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,377 | 3,622 | 2,774 | 3,333 | 34.3% |
| Germany | 678 | 938 | 799 | 955 | 12.1% |
| United States | 777 | N/A | 305 | 930 | 6.2% |
| Ukraine | 1,763 | 1,200 | 2,845 | 272 | -46.4% |
| Chile | 236 | 31.9 | 53.0 | 194 | -6.3% |
| Poland | 321 | 96.9 | 117 | 101 | -32.0% |
| Moldova | 310 | 283 | 99.5 | 76.0 | -37.4% |
| Others | 396 | 507 | 360 | 204 | -19.8% |
| Total | 5,858 | 6,678 | 7,352 | 6,064 | 1.2% |
Top Suppliers of Shelled Walnut to Lithuania in 2022:
- China (651.5 tons)
- United States (172.2 tons)
- Germany (103.3 tons)
- Ukraine (50.5 tons)
- Chile (42.5 tons)
- Poland (12.1 tons)
- Moldova (11.5 tons)
Shelled Walnut Exports in Lithuania
After three years of growth, shipments abroad of shelled walnuts decreased by -40.9% to 495 tons in 2022. Over the period under review, exports saw a slight decrease. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year.
In value terms, shelled walnut exports reduced sharply to $3M in 2022. In general, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 29% against the previous year.
| Export of Shelled Walnut in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 941 | 1,561 | 1,668 | 772 | -6.4% |
| Sweden | 823 | 840 | 699 | 634 | -8.3% |
| Finland | 570 | 653 | 552 | 466 | -6.5% |
| Estonia | 623 | 601 | 457 | 379 | -15.3% |
| Denmark | 374 | 529 | 513 | 363 | -1.0% |
| Poland | 47.2 | 71.7 | 484 | 208 | 63.9% |
| Iceland | 43.3 | 106 | 87.7 | 68.3 | 16.4% |
| Czech Republic | N/A | 15.3 | 423 | 9.3 | -22.0% |
| Others | 184 | 279 | 345 | 115 | -14.5% |
| Total | 3,606 | 4,655 | 5,228 | 3,014 | -5.8% |
Top Export Markets for Shelled Walnut from Lithuania in 2022:
- Latvia (123.9 tons)
- Sweden (100.3 tons)
- Finland (73.0 tons)
- Estonia (59.1 tons)
- Poland (53.8 tons)
- Denmark (53.5 tons)
- Iceland (10.8 tons)
- Czech Republic (1.4 tons)
This report provides an in-depth analysis of the shelled walnut 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:
- FCL 222 - Walnuts
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
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