Report Update Nov 1, 2024

Lithuania - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights

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Lithuania: Market for Cod, Salted or in Brine 2024

Market Size for Cod, Salted or in Brine in Lithuania

The Lithuanian market for cod, salted or in brine stood at less than $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, saw a moderate expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Cod, Salted or in Brine in Lithuania

In value terms, cod, salted or in brine production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Cod, salted or in brine production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Cod, Salted or in Brine

Exports from Lithuania

In 2017, approx. X kg of cod, salted or in brine were exported from Lithuania; declining by -98.6% compared with 2016. Overall, exports faced a precipitous slump. The smallest decline of -28.6% was in 2016. Over the period under review, the exports reached the peak figure at X kg in 2015; however, from 2016 to 2017, the exports failed to regain momentum.

In value terms, cod, salted or in brine exports reduced dramatically to $X in 2017. In general, exports faced a significant decrease. The smallest decline of -59.2% was in 2016. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2017, the exports remained at a lower figure.

Exports by Country

Spain (X kg) was the main destination for cod, salted or in brine exports from Lithuania, with a 89% share of total exports. Moreover, cod, salted or in brine exports to Spain exceeded the volume sent to the second major destination, France (X kg), eightfold.

From 2015 to 2017, the average annual growth rate of volume to Spain stood at -96.5%.

In value terms, Spain ($X) remains the key foreign market for cod, salted or in brine exports from Lithuania, comprising 97% of total exports. The second position in the ranking was held by France ($X), with a 2.8% share of total exports.

From 2015 to 2017, the average annual growth rate of value to Spain totaled -96.0%.

Export Prices by Country

In 2017, the average export price for cod, salted or in brine amounted to $X per ton, growing by 84% against the previous year. In general, export price indicated a measured expansion from 2015 to 2017: its price increased at an average annual rate of +2.6% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2017, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to France amounted to $X per ton.

From 2015 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+12.5%).

Imports of Cod, Salted or in Brine

Imports into Lithuania

For the third year in a row, Lithuania recorded decline in overseas purchases of cod, salted or in brine, which decreased by 0% to X kg in 2022. Overall, imports recorded a precipitous curtailment. The smallest decline of -51% was in 2020. Imports peaked at X kg in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, cod, salted or in brine imports amounted to $X in 2022. In general, imports showed a precipitous shrinkage. The smallest decline of -32% was in 2020. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X kg) was the main cod, salted or in brine supplier to Lithuania, with a approx. 100% share of total imports.

From 2019 to 2022, the average annual rate of growth in terms of volume from the Netherlands was relatively modest.

In value terms, the Netherlands ($X) constituted the largest supplier of cod, salted or in brine to Lithuania.

From 2019 to 2022, the average annual growth rate of value from the Netherlands was relatively modest.

Import Prices by Country

The average import price for cod, salted or in brine stood at $X per ton in 2022, leveling off at the previous year. In general, the import price posted a strong increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 39% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2019 to 2022, the rate of growth in terms of prices for Iceland amounted to 0.0% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the market for cod, salted or in brine 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:

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