Wine Lees; Argol Price in Lithuania - 2023

Contents:

1. Wine Lees; Argol Price in Lithuania (CIF) - 2022
2. Wine Lees; Argol Price in Lithuania (FOB) - 2022
3. Wine Lees; Argol Imports in Lithuania
4. Wine Lees; Argol Exports in Lithuania

Wine Lees; Argol Price in Lithuania (CIF) - 2022

In 2022, the average wine lees; argol import price amounted to $49,311 per ton, rising by 3.3% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 7.4% against the previous year. As a result, import price reached the peak level of $54,860 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +0.4% per year.

Wine Lees; Argol Price in Lithuania (FOB) - 2022

The average wine lees; argol export price stood at $1,575 per ton in 2022, declining by -6.1% against the previous year. Over the period under review, export price indicated a resilient expansion from 2015 to 2022: its price increased at an average annual rate of +6.7% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wine lees; argol export price increased by +8.0% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 28%. Over the period under review, the average export prices attained the maximum at $2,009 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($1,592 per ton), while the average price for exports to Estonia stood at $1,133 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+31.3%).

Wine Lees; Argol Imports in Lithuania

After three years of growth, overseas purchases of wine lees; argol decreased by -8.1% to 148 kg in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of 161 kg, and then contracted in the following year.

In value terms, wine lees; argol imports shrank to $7.3K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of $7.7K, and then declined in the following year.

Top Suppliers of Wine Lees; Argol to Lithuania in 2022:

1. Poland (148.0 kg)

Wine Lees; Argol Exports in Lithuania

In 2022, overseas shipments of wine lees; argol decreased by -17.3% to 788 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 507%.

In value terms, wine lees; argol exports fell significantly to $1.2K in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 340%.

Top Export Markets for Wine Lees; Argol from Lithuania in 2022:

1. Latvia (758.0 kg)
2. Estonia (30.0 kg)

Source: IndexBox Market Intelligence Platform