Lithuania: Nuts Market 2024

Nuts Market Size in Lithuania

For the ninth consecutive year, the Lithuanian nuts market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption saw prominent growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Nuts Production in Lithuania

In value terms, nuts production declined to $X in 2022 estimated in export price. In general, production, however, showed a mild setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

In 2022, the average nuts yield in Lithuania skyrocketed to X tons per ha, with an increase of X% against the previous year. Overall, the yield continues to indicate a significant increase. As a result, the yield reached the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the nuts harvested area in Lithuania fell dramatically to X ha, with a decrease of X% against the previous year. Overall, the harvested area saw a precipitous descent. Over the period under review, the harvested area dedicated to nuts production reached the peak figure at X ha in 2021, and then reduced notably in the following year.

Nuts Exports

Exports from Lithuania

In 2022, after two years of growth, there was significant decline in shipments abroad of nuts, when their volume decreased by X% to X tons. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at X tons in 2021, and then shrank significantly in the following year.

In value terms, nuts exports declined remarkably to $X in 2022. Over the period under review, exports saw a perceptible contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Latvia (X tons), Kazakhstan (X tons) and Poland (X tons) were the main destinations of nuts exports from Lithuania, together accounting for X% of total exports. Turkey, Belarus, Germany, Estonia and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Belarus ($X) and Poland ($X) appeared to be the largest markets for nuts exported from Lithuania worldwide, with a combined X% share of total exports. Turkey, Kazakhstan, Germany, Estonia and Russia lagged somewhat behind, together accounting for a further X%.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average nuts export price amounted to $X per ton, declining by X% against the previous year. In general, the export price showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kazakhstan ($X 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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into Lithuania

In 2022, after six years of growth, there was significant decline in supplies from abroad of nuts, when their volume decreased by X% to X tons. Over the period under review, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, nuts imports dropped rapidly to $X in 2022. Overall, imports, however, saw a resilient increase. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

The United States (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of nuts imports to Lithuania, together accounting for X% of total imports. China, the Netherlands, Latvia and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest nuts suppliers to Lithuania were the United States ($X), Belgium ($X) and Germany ($X), together accounting for X% of total imports.

The United States, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nuts import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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