Price for Cereal Flours; Other than of Wheat or Meslin in Lithuania - 2023
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in Lithuania (CIF) - 2023
- Price for Cereal Flours; Other than of Wheat or Meslin in Lithuania (FOB) - 2023
- Imports of Cereal Flours; Other than of Wheat or Meslin in Lithuania
- Exports of Cereal Flours; Other than of Wheat or Meslin in Lithuania
Price for Cereal Flours; Other than of Wheat or Meslin in Lithuania (CIF) - 2023
The average import price for cereal flours; other than of wheat or meslin stood at $494 per ton in October 2023, reducing by -8.9% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 17% month-to-month. The import price peaked at $579 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($895 per ton), while the price for Estonia ($347 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Finland (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flours; Other than of Wheat or Meslin in Lithuania (FOB) - 2023
The average export price for cereal flours; other than of wheat or meslin stood at $369 per ton in October 2023, which is down by -41.1% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 128% month-to-month. Over the period under review, the average export prices reached the maximum at $627 per ton in September 2023, and then fell notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($7,094 per ton), while the average price for exports to Latvia ($157 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 Poland (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Flours; Other than of Wheat or Meslin in Lithuania
After three years of growth, supplies from abroad of cereal flours; other than of wheat or meslin decreased by -40% to 4.6K tons in 2022. In general, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 9.3%. As a result, imports reached the peak of 7.6K tons, and then declined markedly in the following year.
In value terms, imports of cereal flours; other than of wheat or meslin fell sharply to $2.1M in 2022. Over the period under review, imports showed a mild slump. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of $2.7M, and then shrank significantly in the following year.
| Import of Cereal Flours; Other than of Wheat or Meslin in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 757 | 728 | 419 | 1,058 | 11.8% |
| Poland | 291 | 622 | 1,552 | 355 | 6.9% |
| Latvia | 731 | 523 | 217 | 271 | -28.2% |
| Netherlands | 136 | 118 | 310 | 196 | 13.0% |
| Others | 253 | 184 | 232 | 180 | -10.7% |
| Total | 2,168 | 2,175 | 2,730 | 2,060 | -1.7% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Lithuania in 2022:
- Estonia (2925.1 tons)
- Poland (668.4 tons)
- Latvia (517.2 tons)
- Netherlands (245.4 tons)
Exports of Cereal Flours; Other than of Wheat or Meslin in Lithuania
In 2022, overseas shipments of cereal flours; other than of wheat or meslin decreased by -3.3% to 4.6K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 50% against the previous year. As a result, the exports reached the peak of 5.1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cereal flours; other than of wheat or meslin fell slightly to $1.3M in 2022. In general, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +4.1% 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 decreased by -26.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 54% against the previous year. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cereal Flours; Other than of Wheat or Meslin in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 267 | 222 | 323 | 387 | 13.2% |
| Georgia | 63.5 | 108 | 76.5 | 104 | 17.9% |
| United Kingdom | 193 | 222 | 64.8 | 92.4 | -21.8% |
| Ireland | 77.8 | 68.1 | 45.0 | 59.6 | -8.5% |
| Israel | 86.3 | 88.1 | 46.8 | 59.4 | -11.7% |
| South Africa | 7.7 | 21.8 | 30.6 | 59.0 | 97.1% |
| Italy | 161 | 142 | 122 | 58.0 | -28.8% |
| Estonia | 12.1 | 22.3 | 38.0 | 56.3 | 66.9% |
| Poland | 42.3 | 27.6 | 260 | 30.4 | -10.4% |
| Ukraine | 121 | 520 | 34.3 | 1.0 | -79.8% |
| Others | 75.5 | 259 | 244 | 344 | 65.8% |
| Total | 1,108 | 1,702 | 1,286 | 1,251 | 4.1% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Lithuania in 2022:
- Latvia (3197.6 tons)
- Georgia (298.5 tons)
- Poland (190.5 tons)
- United Kingdom (160.2 tons)
- Estonia (119.4 tons)
- Italy (112.2 tons)
- Ireland (112.2 tons)
- Israel (104.5 tons)
- South Africa (77.0 tons)
- Ukraine (1.0 tons)
438
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This report provides an in-depth analysis of the cereal flour market in Lithuania.
127
This report provides an in-depth analysis of the non-wheat flour market in Lithuania.
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This report provides an in-depth analysis of the global cereal flour market.
766
This report provides an in-depth analysis of the global non-wheat flour market.
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