Report Update Nov 1, 2024

Lithuania - Cheese and Curd - Market Analysis, Forecast, Size, Trends and Insights

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Lithuania: Cheese And Curd Market 2024

Cheese And Curd Market Size in Lithuania

In 2022, the Lithuanian cheese and curd market increased by 26% to $X, rising for the sixth year in a row after three years of decline. Overall, consumption recorded a resilient increase. Cheese and curd consumption peaked in 2022 and is expected to retain growth in years to come.

Cheese And Curd Production in Lithuania

In value terms, cheese and curd production surged to $X in 2022 estimated in export price. In general, production showed a modest increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Cheese And Curd Exports

Exports from Lithuania

In 2022, the amount of cheese and curd exported from Lithuania declined slightly to X tons, which is down by -3.6% against the previous year. In general, exports saw a pronounced descent. The growth pace was the most rapid in 2019 with an increase of 7.1%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cheese and curd exports soared to $X in 2022. Over the period under review, exports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 22%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for cheese and curd exports from Lithuania, with a 51% share of total exports. Moreover, cheese and curd exports to Italy exceeded the volume sent to the second major destination, Latvia (X tons), fivefold. The third position in this ranking was taken by Kazakhstan (X tons), with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+0.5% per year) and Kazakhstan (+16.3% per year).

In value terms, Italy ($X) remains the key foreign market for cheese and curd exports from Lithuania, comprising 51% of total exports. The second position in the ranking was taken by Latvia ($X), with a 9.4% share of total exports. It was followed by the United States, with a 5% share.

From 2012 to 2022, the average annual growth rate of value to Italy amounted to +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+3.0% per year) and the United States (+18.5% per year).

Export Prices by Country

The average cheese and curd export price stood at $X per ton in 2022, rising by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Uzbekistan ($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 (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into Lithuania

In 2022, supplies from abroad of cheese and curd increased by 15% to X tons, rising for the seventh consecutive year after two years of decline. In general, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 63%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cheese and curd imports soared to $X in 2022. Overall, imports showed a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by 79%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of cheese and curd to Lithuania, accounting for a 50% share of total imports. Moreover, cheese and curd imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Latvia (X tons) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.4% per year) and Latvia (+0.2% per year).

In value terms, Poland ($X) constituted the largest supplier of cheese and curd to Lithuania, comprising 42% of total imports. The second position in the ranking was held by Germany ($X), with a 20% share of total imports. It was followed by Latvia, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.4% per year) and Latvia (+3.8% per year).

Import Prices by Country

In 2022, the average cheese and curd import price amounted to $X per ton, picking up by 11% against the previous year. Overall, the import price showed mild growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the cheese and curd 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 901 - Cheese from Whole Cow Milk
FCL 904 - Cheese from Skimmed Cow Milk
FCL 905 - Whey Cheese
FCL 907 - Processed Cheese
FCL 955 - Cheese of Buffalo Milk
FCL 984 - Cheese of Sheep Milk
FCL 1021 - Cheese of Goat Milk

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023