Lithuania - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHazelnut Price in Lithuania - 2023
Contents:
- Hazelnut Price in Lithuania (CIF) - 2022
- Hazelnut Price in Lithuania (FOB) - 2022
- Hazelnut Imports in Lithuania
- Hazelnut Exports in Lithuania
Hazelnut Price in Lithuania (CIF) - 2022
In 2022, the average hazelnut import price amounted to $3,483 per ton, waning by -28.9% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hazelnut import price increased by +24.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 58% against the previous year. As a result, import price attained the peak level of $4,897 per ton, and then fell rapidly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($4,016 per ton) and the Netherlands ($3,774 per ton), while the price for Georgia ($3,272 per ton) and Latvia ($3,393 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Hazelnut Price in Lithuania (FOB) - 2022
The average hazelnut export price stood at $3,799 per ton in 2022, picking up by 31% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hazelnut export price increased by +35.2% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices hit record highs at $5,514 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($4,028 per ton), while the average price for exports to Latvia ($3,597 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 Georgia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Hazelnut Imports in Lithuania
In 2022, supplies from abroad of hazelnuts decreased by -43.8% to 40 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 13%. As a result, imports reached the peak of 94 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, hazelnut imports reduced notably to $140K in 2022. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 23%.
| Import of Hazelnut in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 178 | 231 | 74.2 | 85.5 | -21.7% |
| Poland | 49.9 | 41.9 | 63.0 | 40.8 | -6.5% |
| Latvia | 6.8 | 14.2 | 17.3 | 9.3 | 11.0% |
| Netherlands | 1.8 | 3.8 | 7.1 | 4.5 | 35.7% |
| Belgium | N/A | N/A | 189 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 236 | 291 | 351 | 140 | -16.0% |
Top Suppliers of Hazelnut to Lithuania in 2022:
- Georgia (26.1 tons)
- Poland (10.2 tons)
- Latvia (2.7 tons)
- Netherlands (1.2 tons)
Hazelnut Exports in Lithuania
In 2022, shipments abroad of hazelnuts decreased by -95.7% to 705 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 58%. As a result, the exports attained the peak of 39 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, hazelnut exports plummeted to $2.7K in 2022. In general, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 84%. As a result, the exports attained the peak of $129K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Hazelnut in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 4.5 | 3.1 | 3.2 | 1.2 | -35.6% |
| Latvia | 39.5 | 59.5 | 2.3 | 1.1 | -69.7% |
| Estonia | 1.7 | 3.7 | 0.5 | 0.4 | -38.3% |
| Russia | 19.8 | 26.6 | 22.7 | N/A | 7.1% |
| Poland | N/A | N/A | 10.5 | N/A | 0% |
| Tunisia | N/A | 31.3 | N/A | N/A | 0% |
| Belarus | 4.6 | 4.7 | 8.0 | N/A | 31.9% |
| Others | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Total | 70.1 | 129 | 47.5 | 2.7 | -66.2% |
Top Export Markets for Hazelnut from Lithuania in 2022:
- Latvia (310.0 kg)
- Sweden (288.0 kg)
- Estonia (107.0 kg)
This report provides an in-depth analysis of the hazelnut market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 225 - Hazelnuts (Filberts)
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global hazelnut consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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In 2015, the global hazelnut market grew to X thousand tons.
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From 2007 to 2015, global exports on the hazelnut market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports amounted to X thousand tons in 2015, a decrease of X thousand tons (or X%) on the previous yea
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The value of total imports on the global hazelnut market in 2015 stood at X million USD, an increase of X million USD (or X%) on the previous year. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, haze
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The global production of hazelnuts was estimated at X thousand tons in 2015, an increase of X thousand tons (or X%) on the figure for 2014, and X thousand tons (or X%) less than the peak production level that was recorded in 2008. In valu
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In 2015, the global hazelnut market grew to X thousand tons, following the significant market contraction in 2014. In value terms, the market volume increased over the period from 2014-2015, reaching X million USD.
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