Price for Mollusc Preparations; Octopus, Prepared or Preserved in Lithuania - 2023
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Lithuania (CIF) - 2022
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Lithuania (FOB) - 2022
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Lithuania
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Lithuania
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Lithuania (CIF) - 2022
In 2022, the average import price for mollusc preparations; octopus, prepared or preserveds amounted to $17,708 per ton, waning by -4.5% against the previous year. In general, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 49% against the previous year. The import price peaked at $18,544 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($31,965 per ton), while the price for the Czech Republic ($10,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Lithuania (FOB) - 2022
In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $20,127 per ton, growing by 30% against the previous year. Overall, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 80%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($30,275 per ton), while the average price for exports to Estonia ($18,517 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 Russia (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Lithuania
After three years of growth, overseas purchases of mollusc preparations; octopus, prepared or preserveds decreased by -31% to 15 tons in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 212%. As a result, imports attained the peak of 21 tons, and then declined rapidly in the following year.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds fell sharply to $261K in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 312%. As a result, imports reached the peak of $396K, and then shrank rapidly in the following year.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 36.5 | 148 | 88.5 | 55.7% |
| Spain | 2.1 | 17.5 | 48.0 | 71.1 | 223.5% |
| Poland | N/A | N/A | 137 | 42.9 | -68.7% |
| Czech Republic | 2.4 | 15.1 | 24.4 | 30.8 | 134.1% |
| Latvia | 4.1 | 14.4 | 17.9 | 11.1 | 39.4% |
| Belgium | 7.8 | 4.5 | 12.6 | 11.1 | 12.5% |
| Greece | 4.3 | N/A | 4.6 | 4.7 | 3.0% |
| Belarus | 5.8 | 7.8 | 3.5 | N/A | -22.3% |
| Others | 3.1 | 0.4 | N/A | 0.7 | -39.1% |
| Total | 29.5 | 96.2 | 396 | 261 | 106.8% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Lithuania in 2022:
- Italy (6.1 tons)
- Czech Republic (3.0 tons)
- Spain (2.6 tons)
- Poland (1.5 tons)
- Latvia (0.8 tons)
- Greece (0.4 tons)
- Belgium (0.3 tons)
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Lithuania
Exports of mollusc preparations; octopus, prepared or preserveds from Lithuania contracted remarkably to 1.2 tons in 2022, declining by -59.7% against the previous year's figure. Over the period under review, exports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. As a result, the exports reached the peak of 2.9 tons, and then declined notably in the following year.
In value terms, exports of mollusc preparations; octopus, prepared or preserveds contracted remarkably to $24K in 2022. In general, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of $45K, and then declined sharply in the following year.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 29.3 | 27.8 | 28.6 | 12.8 | -24.1% |
| Russia | N/A | N/A | 4.7 | 6.0 | 27.7% |
| Latvia | 0.4 | 3.4 | 6.4 | 4.6 | 125.7% |
| Kazakhstan | 4.5 | N/A | N/A | N/A | 0% |
| Slovakia | N/A | 1.0 | 1.2 | N/A | 20.0% |
| Ukraine | N/A | N/A | 2.1 | N/A | 0% |
| Others | 0.1 | 1.6 | 2.3 | 0.3 | 44.2% |
| Total | 34.4 | 33.7 | 45.2 | 23.8 | -11.6% |
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Lithuania in 2022:
- Estonia (693.0 kg)
- Russia (322.0 kg)
- Latvia (153.0 kg)
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