Lithuania - Fresh Or Chilled Carcases Of Beef And Veal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Beef Carcase Price in Lithuania - 2023
Contents:
- Fresh Beef Carcase Price in Lithuania (FOB) - 2023
- Fresh Beef Carcase Price in Lithuania (CIF) - 2023
- Fresh Beef Carcase Exports in Lithuania
- Fresh Beef Carcase Imports in Lithuania
Fresh Beef Carcase Price in Lithuania (FOB) - 2023
The average fresh beef carcase export price stood at $5,130 per ton in September 2023, jumping by 29% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $5,416 per ton in May 2023; however, from June 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In September 2023, the highest price was recorded for prices to Italy ($5,951 per ton) and Sweden ($5,179 per ton), while the average price for exports to Poland ($4,386 per ton) and the Netherlands ($4,618 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Beef Carcase Price in Lithuania (CIF) - 2023
The average fresh beef carcase import price stood at $3,146 per ton in September 2023, with a decrease of -7.9% against the previous month. In general, the import price continues to indicate a mild descent. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 5.3% against the previous month. As a result, import price reached the peak level of $3,985 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Denmark ($3,153 per ton), while the price for Poland stood at $3,017 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Denmark (-1.0%).
Fresh Beef Carcase Exports in Lithuania
In 2022, the amount of fresh or chilled carcases of beef and veal exported from Lithuania rose sharply to 15K tons, increasing by 7.4% against 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.
In value terms, fresh beef carcase exports soared to $75M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Fresh Beef Carcase in Lithuania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 20.4 | 15.6 | 18.7 | 23.8 | 5.3% |
Netherlands | 14.9 | 13.6 | 16.2 | 21.6 | 13.2% |
Denmark | 10.0 | 11.2 | 10.3 | 10.8 | 2.6% |
Germany | 0.2 | 0.7 | 5.6 | 7.4 | 233.2% |
Sweden | 1.8 | 2.6 | 2.9 | 4.0 | 30.5% |
Poland | 2.1 | 1.4 | 2.1 | 3.7 | 20.8% |
Latvia | 0.2 | 0.3 | 0.7 | 1.3 | 86.6% |
Slovenia | 2.0 | 1.4 | 0.9 | 0.6 | -33.1% |
Others | 2.2 | 0.9 | 2.6 | 1.5 | -12.0% |
Total | 53.9 | 47.8 | 60.0 | 74.7 | 11.5% |
Top Export Markets for Fresh Beef Carcase from Lithuania in 2022:
- Netherlands (4.6K tons)
- Italy (4.4K tons)
- Denmark (2.4K tons)
- Germany (1.5K tons)
- Poland (0.9K tons)
- Sweden (0.8K tons)
- Latvia (0.3K tons)
- Slovenia (0.1K tons)
Fresh Beef Carcase Imports in Lithuania
For the fourth year in a row, Lithuania recorded growth in supplies from abroad of fresh or chilled carcases of beef and veal, which increased by 36% to 6K tons in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, fresh beef carcase imports surged to $24M in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 90%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Fresh Beef Carcase in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 3.9 | 5.0 | 10.3 | 18.4 | 67.7% |
Denmark | 0.4 | 1.5 | 2.8 | 4.8 | 128.9% |
Hungary | 0.3 | 0.4 | 0.2 | 0.1 | -30.7% |
Others | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
Total | 4.9 | 7.2 | 13.6 | 23.5 | 68.6% |
Top Suppliers of Fresh Beef Carcase to Lithuania in 2022:
- Poland (4.7K tons)
- Denmark (1.3K tons)
This report provides an in-depth analysis of the fresh beef carcase 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 10111140 - Fresh or chilled carcases, half-carcases and quarters with bone in, of beef and veal
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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Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
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