Price for Vegetables; Seed Potatoes, Fresh or Chilled in Lithuania - 2023

Contents:

  1. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Lithuania (CIF) - 2022
  2. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Lithuania (FOB) - 2022
  3. Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Lithuania
  4. Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Lithuania

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Lithuania (CIF) - 2022

In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $460 per ton, shrinking by -16% against the previous year. Over the period under review, 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 29% against the previous year. As a result, import price reached the peak level of $703 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($940 per ton), while the price for Latvia ($346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Lithuania (FOB) - 2022

In 2022, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $558 per ton, surging by 8.1% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetables; seed potatoes, fresh or chilleds increased by +11.8% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 65% against the previous year. Over the period under review, the average export prices hit record highs at $569 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($1,083 per ton), while the average price for exports to Kosovo ($468 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 Azerbaijan (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Lithuania

In 2022, imports of vegetables; seed potatoes, fresh or chilleds into Lithuania skyrocketed to 1.2K tons, jumping by 113% against the previous year's figure. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables; seed potatoes, fresh or chilleds soared to $559K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vegetables; Seed Potatoes, Fresh or Chilled in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.167.650.21841125.4%
IrelandN/AN/AN/A1200%
Poland5.31.911.390.1157.1%
Germany10940818767.1-14.9%
LatviaN/AN/AN/A45.10%
France8.2N/A25.925.846.5%
Denmark3358.020.424.4-58.2%
OthersN/A0.917.52.876.4%
Total4584873125596.9%

Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Lithuania in 2022:

  1. Netherlands (456.5 tons)
  2. Ireland (288.3 tons)
  3. Germany (149.5 tons)
  4. Latvia (130.4 tons)
  5. Poland (98.9 tons)
  6. Denmark (59.1 tons)
  7. France (27.5 tons)

Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Lithuania

Exports of vegetables; seed potatoes, fresh or chilleds from Lithuania soared to 424 tons in 2022, jumping by 211% on the year before. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetables; seed potatoes, fresh or chilleds surged to $237K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetables; Seed Potatoes, Fresh or Chilled in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KosovoN/AN/AN/A1060%
Latvia9.821.722.938.758.1%
EstoniaN/AN/A21.337.274.6%
KazakhstanN/A18.8N/A25.817.1%
Uzbekistan5.645.825.914.637.6%
BelarusN/AN/A0.214.57150.0%
Germany21.611.5N/AN/A-46.8%
Others2.6N/AN/AN/A0%
Total39.697.770.423781.6%

Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Lithuania in 2022:

  1. Kosovo (226.4 tons)
  2. Latvia (63.0 tons)
  3. Estonia (61.9 tons)
  4. Uzbekistan (25.3 tons)
  5. Belarus (23.8 tons)
  6. Kazakhstan (23.8 tons)

Source: IndexBox Market Intelligence Platform

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