Lithuania - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Peas Price in Lithuania - 2023
Contents:
- Preserved Peas Price in Lithuania (CIF) - 2023
- Preserved Peas Price in Lithuania (FOB) - 2022
- Preserved Peas Imports in Lithuania
- Preserved Peas Exports in Lithuania
Preserved Peas Price in Lithuania (CIF) - 2023
In September 2023, the average preserved peas import price amounted to $1,291 per ton, increasing by 2.3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 15% against the previous month. Over the period under review, average import prices reached the peak figure at $1,621 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($1,772 per ton), while the price for Hungary totaled $1,177 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.4%).
Preserved Peas Price in Lithuania (FOB) - 2022
In 2022, the average preserved peas export price amounted to $1,472 per ton, declining by -15.6% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved peas export price increased by +35.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 37% against the previous year. As a result, the export price reached the peak level of $1,744 per ton, and then dropped sharply in the following year.
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 Belarus ($1,826 per ton), while the average price for exports to Latvia ($1,094 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 Belarus (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Peas Imports in Lithuania
In 2022, supplies from abroad of preserved peas decreased by -0.9% to 5.3K tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw a modest expansion. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of 6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, preserved peas imports rose modestly to $6.8M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 33%. As a result, imports reached the peak of $6.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Preserved Peas in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.1 | 2.8 | 2.9 | 3.1 | 13.9% |
| Hungary | 2.7 | 3.5 | 3.0 | 3.1 | 4.7% |
| Latvia | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Italy | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Total | 5.2 | 6.9 | 6.5 | 6.8 | 9.4% |
Top Suppliers of Preserved Peas to Lithuania in 2022:
- Italy (undefinedK tons)
- Hungary (2.8K tons)
- Poland (2.0K tons)
- Latvia (0.3K tons)
Preserved Peas Exports in Lithuania
In 2022, after two years of decline, there was significant growth in overseas shipments of preserved peas, when their volume increased by 70% to 782 tons. Over the period under review, exports, however, continue to indicate a mild downturn.
In value terms, preserved peas exports skyrocketed to $1.2M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Preserved Peas in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 236 | 181 | 200 | 246 | 1.4% |
| Estonia | 39.0 | 59.1 | 52.3 | 233 | 81.5% |
| United Kingdom | 166 | 205 | 225 | 224 | 10.5% |
| Belarus | N/A | 0.8 | 0.5 | 116 | 1104.2% |
| Germany | N/A | 2.9 | 3.6 | 71.2 | 395.5% |
| Ireland | 31.4 | 47.8 | 59.3 | 68.4 | 29.6% |
| United States | 53.6 | 68.7 | 124 | 61.5 | 4.7% |
| Sweden | 106 | 56.2 | 41.2 | 40.8 | -27.3% |
| Russia | 233 | 113 | 2.7 | 22.2 | -54.3% |
| Others | 38.8 | 71.6 | 94.4 | 68.5 | 20.9% |
| Total | 904 | 807 | 803 | 1,152 | 8.4% |
Top Export Markets for Preserved Peas from Lithuania in 2022:
- Latvia (225.1 tons)
- United Kingdom (147.8 tons)
- Estonia (140.7 tons)
- Belarus (63.7 tons)
- Germany (51.8 tons)
- Ireland (47.7 tons)
- United States (43.9 tons)
- Sweden (21.2 tons)
- Russia (14.5 tons)
This report provides an in-depth analysis of the preserved peas 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:
- Prodcom 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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1350
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1604
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1164
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
1350
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1604
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1164
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
