Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Lithuania - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Lithuania (CIF) - 2022
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Lithuania (FOB) - 2022
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Lithuania
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Lithuania
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Lithuania (CIF) - 2022
In 2022, the average import price for meat of sheep or goats; fresh, chilled or frozen amounted to $13,299 per ton, jumping by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2017 when the average import price increased by 25% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($18,757 per ton), while the price for Norway ($8,562 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Lithuania (FOB) - 2022
The average export price for meat of sheep or goats; fresh, chilled or frozen stood at $9,859 per ton in 2022, picking up by 9.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2018 an increase of 22% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($12,627 per ton), while the average price for exports to Sweden ($8,687 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Lithuania
Imports of meat of sheep or goats; fresh, chilled or frozen into Lithuania expanded modestly to 95 tons in 2022, growing by 4.3% on 2021 figures. Overall, imports, however, saw a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen skyrocketed to $1.3M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 357 | 292 | 319 | 361 | 0.4% |
| Spain | 151 | 142 | 232 | 309 | 27.0% |
| Netherlands | 153 | 196 | 292 | 304 | 25.7% |
| Germany | 129 | 55.5 | 63.4 | 192 | 14.2% |
| Estonia | 105 | 41.3 | 72.7 | 33.5 | -31.7% |
| Italy | N/A | N/A | N/A | 20.5 | 0% |
| Norway | N/A | N/A | N/A | 17.1 | 0% |
| Poland | 73.2 | 28.2 | 1.4 | 1.6 | -72.0% |
| Others | 13.8 | 14.0 | 7.0 | 21.5 | 15.9% |
| Total | 982 | 770 | 988 | 1,261 | 8.7% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Lithuania in 2022:
- Spain (35.9 tons)
- Netherlands (21.5 tons)
- Latvia (19.3 tons)
- Germany (10.4 tons)
- Estonia (2.4 tons)
- Norway (2.0 tons)
- Italy (1.9 tons)
- Poland (0.1 tons)
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Lithuania
In 2022, after three years of growth, there was significant decline in shipments abroad of meat of sheep or goats; fresh, chilled or frozen, when their volume decreased by -5.8% to 50 tons. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, the exports attained the peak of 53 tons, and then reduced in the following year.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen rose modestly to $492K in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | 106 | 246 | 266 | 58.4% |
| Latvia | 171 | 129 | 123 | 164 | -1.4% |
| Estonia | 23.6 | 25.7 | 95.6 | 62.1 | 38.1% |
| Spain | N/A | 3.9 | 14.1 | N/A | 261.5% |
| Others | N/A | 1.2 | N/A | N/A | 0% |
| Total | 194 | 266 | 479 | 492 | 36.4% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Lithuania in 2022:
- Sweden (30.6 tons)
- Latvia (14.4 tons)
- Estonia (4.9 tons)
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