Price for Grapes; Fresh or Dried in Lithuania - 2023

Contents:

  1. Price for Grapes; Fresh or Dried in Lithuania (CIF) - 2023
  2. Price for Grapes; Fresh or Dried in Lithuania (FOB) - 2023
  3. Imports of Grapes; Fresh or Dried in Lithuania
  4. Exports of Grapes; Fresh or Dried in Lithuania

Price for Grapes; Fresh or Dried in Lithuania (CIF) - 2023

In September 2023, the average grapes; fresh or dried import price amounted to $1,765 per ton, which is down by -7.2% against the previous month. Overall, import price indicated a tangible expansion from September 2022 to September 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, grapes; fresh or dried import price decreased by -29.4% against July 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 70% m-o-m. As a result, import price attained the peak level of $2,732 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($2,809 per ton), while the price for Turkey ($950 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 Egypt (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Grapes; Fresh or Dried in Lithuania (FOB) - 2023

The average grapes; fresh or dried export price stood at $2,376 per ton in September 2023, falling by -1.8% against the previous month. Over the period under review, export price indicated a temperate increase from September 2022 to September 2023: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, grapes; fresh or dried export price decreased by +0.0% against July 2023 indices. The growth pace was the most rapid in December 2022 when the average export price increased by 45% m-o-m. The export price peaked at $2,835 per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($2,782 per ton), while the average price for exports to Belarus ($1,738 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 Austria (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapes; Fresh or Dried in Lithuania

Grapes; fresh or dried imports into Lithuania dropped slightly to 16K tons in 2022, shrinking by -2.1% on 2021. Over the period under review, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2021 when imports increased by 14%.

In value terms, grapes; fresh or dried imports declined to $31M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of $31M, and then shrank modestly in the following year.

Import of Grapes; Fresh or Dried in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8.48.410.511.09.4%
Latvia3.43.44.13.72.9%
Chile3.03.42.73.33.2%
Italy3.22.94.12.5-7.9%
Uzbekistan2.31.41.21.6-11.4%
India0.81.11.21.523.3%
Germany1.21.42.11.57.7%
Turkey2.31.30.81.4-15.3%
Peru1.30.82.41.42.5%
Others3.22.42.22.7-5.5%
Total28.926.431.230.61.9%

Top Suppliers of Grapes; Fresh or Dried to Lithuania in 2022:

  1. Netherlands (4.4K tons)
  2. Latvia (1.9K tons)
  3. Italy (1.8K tons)
  4. Chile (1.4K tons)
  5. Uzbekistan (1.3K tons)
  6. Turkey (1.2K tons)
  7. India (0.8K tons)
  8. Germany (0.8K tons)
  9. Peru (0.5K tons)

Exports of Grapes; Fresh or Dried in Lithuania

Grapes; fresh or dried exports from Lithuania declined to 4.6K tons in 2022, which is down by -6.5% on the year before. Over the period under review, exports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 5.6%.

In value terms, grapes; fresh or dried exports contracted to $10M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 9.1% against the previous year. As a result, the exports attained the peak of $11M, and then reduced in the following year.

Export of Grapes; Fresh or Dried in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1.61.82.83.124.7%
Russia1.21.11.11.45.3%
Denmark2.02.01.21.3-13.4%
Belarus2.02.12.31.2-15.7%
Estonia1.00.91.11.00.0%
Poland1.11.00.90.6-18.3%
Italy0.10.10.30.344.2%
Netherlands0.20.30.10.314.5%
Kazakhstan0.30.10.10.2-12.6%
Others0.70.61.11.116.3%
Total10.310.111.010.30.0%

Top Export Markets for Grapes; Fresh or Dried from Lithuania in 2022:

  1. Latvia (1392.6 tons)
  2. Denmark (605.7 tons)
  3. Russia (502.0 tons)
  4. Belarus (469.9 tons)
  5. Poland (440.2 tons)
  6. Estonia (428.0 tons)
  7. Italy (143.9 tons)
  8. Netherlands (110.8 tons)
  9. Kazakhstan (109.3 tons)

Source: IndexBox Market Intelligence Platform

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