Fresh Whole Chicken Price in Lithuania - 2023
Contents:
- Fresh Whole Chicken Price in Lithuania (CIF) - 2023
- Fresh Whole Chicken Price in Lithuania (FOB) - 2023
- Fresh Whole Chicken Imports in Lithuania
- Fresh Whole Chicken Exports in Lithuania
Fresh Whole Chicken Price in Lithuania (CIF) - 2023
The average fresh whole chicken import price stood at $2,427 per ton in September 2023, approximately reflecting the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 13% month-to-month. The import price peaked at $2,629 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($2,431 per ton), while the price for Germany amounted to $1,837 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.9%).
Fresh Whole Chicken Price in Lithuania (FOB) - 2023
The average fresh whole chicken export price stood at $2,618 per ton in September 2023, flattening at the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in August 2023 when the average export price increased by 21% against the previous month. The export price peaked at $2,632 per ton in May 2023; afterwards, it flattened through to September 2023.
Average prices varied noticeably for the major external markets. In September 2023, the country with the highest price was Estonia ($2,701 per ton), while the average price for exports to Latvia stood at $2,600 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Whole Chicken Imports in Lithuania
In 2022, overseas purchases of fresh or chilled whole chickens decreased by -4.8% to 3.9K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 38%. As a result, imports reached the peak of 5.4K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, fresh whole chicken imports reached $8.4M in 2022. The total import value increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Fresh Whole Chicken in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 5.0 | 6.4 | 6.2 | 7.6 | 15.0% |
| Latvia | 0.9 | 0.7 | 0.7 | 0.8 | -3.9% |
| Estonia | 0.1 | 0.5 | 0.4 | N/A | 100.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.9 | 7.5 | 7.3 | 8.4 | 12.5% |
Top Suppliers of Fresh Whole Chicken to Lithuania in 2022:
- Estonia (undefinedK tons)
- Poland (3.5K tons)
- Latvia (0.3K tons)
Fresh Whole Chicken Exports in Lithuania
In 2022, exports of fresh or chilled whole chickens from Lithuania fell to 1.1K tons, with a decrease of -6% against the year before. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 8.5%.
In value terms, fresh whole chicken exports totaled $2.4M in 2022. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 20%.
| Export of Fresh Whole Chicken in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 1,885 | 1,417 | 1,319 | 1,476 | -7.8% |
| Estonia | 731 | 124 | 532 | 424 | -16.6% |
| Finland | 106 | 165 | 243 | 208 | 25.2% |
| Denmark | N/A | N/A | N/A | 152 | 0% |
| Sweden | 46.6 | 59.2 | 179 | 77.9 | 18.7% |
| Netherlands | N/A | N/A | N/A | 52.4 | 0% |
| Others | 284 | 124 | 0.5 | 2.8 | -78.6% |
| Total | 3,053 | 1,889 | 2,274 | 2,393 | -7.8% |
Top Export Markets for Fresh Whole Chicken from Lithuania in 2022:
- Latvia (665.4 tons)
- Estonia (182.7 tons)
- Denmark (121.1 tons)
- Finland (79.2 tons)
- Netherlands (41.3 tons)
- Sweden (33.0 tons)
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