Lithuania: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Lithuania

In 2022, the Lithuanian pineapple juice (single strength) market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, recorded buoyant growth. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Lithuania

For the third year in a row, Lithuania recorded growth in overseas shipments of pineapple juice (single strength), which increased by X% to X tons in 2022. In general, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pineapple juice (single strength) exports surged to $X in 2022. Overall, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for pineapple juice (single strength) exports from Lithuania, accounting for a X% share of total exports. Moreover, pineapple juice (single strength) exports to Russia exceeded the volume sent to the second major destination, Belarus (X tons), more than tenfold. The third position in this ranking was held by Latvia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Latvia (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for pineapple juice (single strength) exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Latvia (X% per year).

Export Prices by Country

The average pineapple juice (single strength) export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pineapple juice (single strength) export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($X per ton) and Estonia ($X per ton), while the average price for exports to Belarus ($X per ton) and Latvia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports into Lithuania

In 2022, overseas purchases of pineapple juice (single strength) increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports showed a tangible expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, pineapple juice (single strength) imports skyrocketed to $X in 2022. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest pineapple juice (single strength) supplier to Lithuania, with a X% share of total imports. Moreover, pineapple juice (single strength) imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold. The third position in this ranking was held by Hungary (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Hungary (X% per year).

In value terms, Spain ($X) constituted the largest supplier of pineapple juice (single strength) to Lithuania, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Hungary (X% per year).

Import Prices by Country

The average pineapple juice (single strength) import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pineapple juice (single strength) import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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