Lithuania: Market for Flaked or Rolled Cereals 2025

Market Size for Flaked or Rolled Cereals in Lithuania

In 2022, the Lithuanian flaked or rolled cereal market decreased by -86.5% to $X, falling for the second consecutive year after three years of growth. In general, consumption saw a abrupt shrinkage. Flaked or rolled cereal consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Flaked or Rolled Cereals in Lithuania

In value terms, flaked or rolled cereal production declined sharply to $X in 2022 estimated in export price. Overall, production, however, recorded a significant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 255% against the previous year. Flaked or rolled cereal production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Flaked or Rolled Cereals

Exports from Lithuania

In 2022, approx. X tons of flaked or rolled cereals were exported from Lithuania; picking up by 33% compared with 2021. In general, exports saw a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 59% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, flaked or rolled cereal exports surged to $X in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 65% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Latvia (X tons), Poland (X tons) and Morocco (X tons) were the main destinations of flaked or rolled cereal exports from Lithuania, together accounting for 42% of total exports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +201.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for flaked or rolled cereal exported from Lithuania were Latvia ($X), Poland ($X) and Germany ($X), with a combined 42% share of total exports. Morocco, South Africa, Estonia, Italy, the Netherlands, India, Egypt, Croatia, Russia and Japan lagged somewhat behind, together comprising a further 43%.

Among the main countries of destination, Morocco, with a CAGR of +200.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average flaked or rolled cereal export price stood at $X per ton in 2022, growing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to India ($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 Croatia (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flaked or Rolled Cereals

Imports into Lithuania

For the sixth year in a row, Lithuania recorded growth in supplies from abroad of flaked or rolled cereals, which increased by 41% to X tons in 2022. Overall, imports saw a resilient expansion. The pace of growth was the most pronounced in 2015 when imports increased by 48% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, flaked or rolled cereal imports soared to $X in 2022. In general, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Latvia (X tons), Estonia (X tons) and Poland (X tons) were the main suppliers of flaked or rolled cereal imports to Lithuania, together accounting for 66% of total imports. Finland, Russia, Kazakhstan, the Netherlands, Ukraine and Germany lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +89.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Estonia ($X) and Finland ($X) constituted the largest flaked or rolled cereal suppliers to Lithuania, together comprising 62% of total imports. Poland, Kazakhstan, Russia, the Netherlands, Germany and Ukraine lagged somewhat behind, together comprising a further 30%.

The Netherlands, with a CAGR of +78.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average flaked or rolled cereal import price amounted to $X per ton, rising by 11% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flaked or rolled cereal import price increased by +62.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 18% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform