Lithuania - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMustard Seed Price in Lithuania - 2023
Contents:
- Mustard Seed Price in Lithuania (FOB) - 2022
- Mustard Seed Price in Lithuania (CIF) - 2023
- Mustard Seed Exports in Lithuania
- Mustard Seed Imports in Lithuania
Mustard Seed Price in Lithuania (FOB) - 2022
The average mustard seed export price stood at $1,747 per ton in 2022, surging by 15% against the previous year. In general, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2018 when the average export price increased by 57%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($2,089 per ton), while the average price for exports to the Netherlands ($1,165 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 Austria (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Mustard Seed Price in Lithuania (CIF) - 2023
In September 2023, the average mustard seed import price amounted to $1,455 per ton, with an increase of 10% against the previous month. In general, the import price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in March 2023 an increase of 106% m-o-m. As a result, import price attained the peak level of $3,969 per ton. From April 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Latvia ($7,661 per ton), while the price for Russia ($726 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Latvia (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Mustard Seed Exports in Lithuania
In 2022, exports of mustard seed from Lithuania surged to 556 tons, rising by 149% compared with the previous year. Over the period under review, exports showed a pronounced expansion.
In value terms, mustard seed exports skyrocketed to $972K in 2022. Overall, exports showed prominent growth.
| Export of Mustard Seed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.8 | 67.6 | 84.1 | 345 | 126.2% |
| France | 82.8 | 405 | 35.9 | 287 | 51.3% |
| Poland | 51.1 | 28.7 | 19.8 | 87.3 | 19.5% |
| Latvia | 41.5 | 55.5 | 32.1 | 84.2 | 26.6% |
| Netherlands | 206 | 180 | 27.1 | 81.1 | -26.7% |
| Estonia | 20.0 | 41.2 | 20.1 | 39.0 | 24.9% |
| Italy | 79.5 | 31.7 | 74.7 | 20.9 | -35.9% |
| Hungary | N/A | 95.6 | 22.6 | N/A | -76.4% |
| Belgium | 102 | 79.1 | N/A | N/A | -22.5% |
| Austria | N/A | 98.0 | 15.0 | N/A | -84.7% |
| Others | 28.3 | 43.6 | 10.0 | 28.1 | -0.2% |
| Total | 640 | 1,127 | 342 | 972 | 14.9% |
Top Export Markets for Mustard Seed from Lithuania in 2022:
- Germany (183.0 tons)
- France (146.4 tons)
- Poland (71.6 tons)
- Netherlands (69.6 tons)
- Latvia (48.4 tons)
- Estonia (19.7 tons)
- Italy (10.0 tons)
Mustard Seed Imports in Lithuania
In 2022, supplies from abroad of mustard seed decreased by -34% to 180 tons, falling for the second consecutive year after two years of growth. In general, imports faced a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. As a result, imports attained the peak of 364 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, mustard seed imports declined slightly to $338K in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, imports attained the peak of $399K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Mustard Seed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 57.8 | 5.0 | 8.7 | 69.6 | 6.4% |
| Estonia | 0.6 | 0.3 | 0.8 | 56.2 | 354.1% |
| France | N/A | 8.9 | 5.0 | 47.8 | 131.7% |
| Poland | 37.2 | 188 | 239 | 45.1 | 6.6% |
| Czech Republic | 46.2 | 38.6 | N/A | 39.0 | -5.5% |
| Germany | 9.1 | 12.3 | 24.2 | 34.0 | 55.2% |
| Russia | 117 | 21.3 | 16.3 | 22.6 | -42.2% |
| Latvia | 2.7 | 88.0 | 15.9 | 8.5 | 46.6% |
| Ukraine | 29.7 | N/A | 4.6 | N/A | -60.6% |
| Others | 26.2 | 36.2 | 34.1 | 15.3 | -16.4% |
| Total | 326 | 399 | 349 | 338 | 1.2% |
Top Suppliers of Mustard Seed to Lithuania in 2022:
- Denmark (50.3 tons)
- Czech Republic (24.0 tons)
- Estonia (23.7 tons)
- Poland (22.4 tons)
- Russia (22.0 tons)
- Germany (14.3 tons)
- France (10.1 tons)
- Latvia (7.8 tons)
This report provides an in-depth analysis of the mustard seed 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 292 - Mustard seed
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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