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Lithuania - Triticale - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTriticale Price in Lithuania - 2023
Contents:
- Triticale Price in Lithuania (FOB) - 2023
- Triticale Price in Lithuania (CIF) - 2022
- Triticale Exports in Lithuania
- Triticale Imports in Lithuania
Triticale Price in Lithuania (FOB) - 2023
The average triticale export price stood at $512 per ton in October 2023, rising by 120% against the previous month. Over the period under review, the export price recorded temperate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Spain ($756 per ton), while the average price for exports to Latvia ($191 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Triticale Price in Lithuania (CIF) - 2022
The average triticale import price stood at $313 per ton in 2022, with an increase of 27% against the previous year. Overall, the import price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2016 an increase of 171%. Over the period under review, average import prices attained the maximum at $872 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($640 per ton), while the price for Poland ($290 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+6.4%), while the prices for the other major suppliers experienced a decline.
Triticale Exports in Lithuania
In 2022, the amount of triticale exported from Lithuania skyrocketed to 43K tons, with an increase of 241% compared with 2021 figures. Overall, exports, however, showed a abrupt shrinkage.
In value terms, triticale exports soared to $14M in 2022. Over the period under review, exports, however, saw a noticeable slump.
Export of Triticale in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 10.4 | 32.3 | N/A | 11.7 | 4.0% |
Denmark | N/A | N/A | N/A | 0.9 | 0% |
Estonia | N/A | N/A | 0.1 | 0.4 | 300.0% |
Poland | 1.1 | 0.3 | 0.1 | 0.4 | -28.6% |
Latvia | 2.4 | 2.9 | 1.5 | 0.4 | -45.0% |
Others | 2.1 | 2.9 | 1.5 | 0.2 | -54.3% |
Total | 16.0 | 38.5 | 3.2 | 14.0 | -4.4% |
Top Export Markets for Triticale from Lithuania in 2022:
- Spain (36.1K tons)
- Denmark (2.9K tons)
- Poland (1.3K tons)
- Latvia (1.3K tons)
- Estonia (1.2K tons)
Triticale Imports in Lithuania
In 2022, the amount of triticale imported into Lithuania surged to 6.2K tons, increasing by 166% compared with 2021. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, triticale imports skyrocketed to $2M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Triticale in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 121 | 217 | 381 | 1,634 | 138.1% |
Sweden | N/A | 15.4 | 3.0 | 137 | 198.3% |
Latvia | N/A | 107 | 74.7 | 94.5 | -6.0% |
Estonia | N/A | 12.8 | 86.8 | 26.3 | 43.3% |
Ukraine | 410 | 85.8 | N/A | N/A | -79.1% |
Others | 30.2 | 39.2 | 33.5 | 60.1 | 25.8% |
Total | 561 | 478 | 579 | 1,952 | 51.5% |
Top Suppliers of Triticale to Lithuania in 2022:
- Poland (5.6K tons)
- Latvia (0.3K tons)
- Sweden (0.2K tons)
- Estonia (0.1K tons)
This report provides an in-depth analysis of the triticale 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 97 - Triticale
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, HARVESTED AREA 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
- Area Harvested, 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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Global triticale consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
Global triticale exports amounted to X thousand tons in 2015, surging by +X% against the previous year level.
Global triticale imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
In 2015, the countries with the highest levels of triticale production were Poland (X thousand tons), Germany (X thousand tons), Belarus (X thousand tons), together accounting for X% of total output.
Poland dominates in the global triticale trade. In 2014, Poland exported X thousand tons of triticale totaling X million USD, twice over the previous year. Its primary trading partner was Germany, where it supplied X% of its total triticale expor
In the immediate term, the global buckwheat market may face a shortage due to an export ban introduced in Russia. The country, being the largest producer and exporter of buckwheat, restricted exporting unprocessed buckwheat, coarsely ground buckwheat groats, and crushed buckwheat grain from June 5, 2021, to August 31. Russia took this step to preserve the volumes of the buckwheat grain for its domestic consumption and prevent a spike in prices inside the country. China, Latvia and Ukraine featured the most prominent increases in imports from Russia in 2021.
Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
In 2015, the countries with the highest levels of production in 2015 were Russia (X thousand tons), China (X thousand tons), France (X thousand tons), together accounting for X% of total output.