Lithuania: Market for Frozen Vegetables other than Potato and Corn 2025

Market Size for Frozen Vegetables other than Potato and Corn in Lithuania

The Lithuanian market for frozen vegetables other than potato and corn stood at $X in 2022, with an increase of 14% against the previous year. Over the period under review, consumption saw buoyant growth. Consumption of peaked in 2022 and is expected to retain growth in the near future.

Production of Frozen Vegetables other than Potato and Corn in Lithuania

In value terms, production of frozen vegetables other than potato and corn dropped markedly to $X in 2022 estimated in export price. In general, production, however, continues to indicate significant growth. The growth pace was the most rapid in 2015 when the production volume increased by 416% against the previous year. Production of peaked at $X in 2021, and then shrank notably in the following year.

Exports of Frozen Vegetables other than Potato and Corn

Exports from Lithuania

Exports of frozen vegetables other than potato and corn from Lithuania reduced to X tons in 2022, which is down by -7.9% compared with the previous year's figure. Overall, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2015 when exports increased by 88%. Over the period under review, the exports of attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of frozen vegetables other than potato and corn declined notably to $X in 2022. In general, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +13.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38%. As a result, the exports reached the peak of $X, and then fell markedly in the following year.

Exports by Country

Latvia (X tons) was the main destination for exports of frozen vegetables other than potato and corn from Lithuania, with a 59% share of total exports. Moreover, exports of frozen vegetables other than potato and corn to Latvia exceeded the volume sent to the second major destination, Estonia (X tons), fivefold. The third position in this ranking was held by Italy (X tons), with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Latvia amounted to +14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+4.4% per year) and Italy (+8.1% per year).

In value terms, Latvia ($X) remains the key foreign market for frozen vegetables other than potato and corn exports from Lithuania, comprising 35% of total exports. The second position in the ranking was taken by Italy ($X), with a 16% share of total exports. It was followed by France, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Latvia totaled +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+7.0% per year) and France (+10.4% per year).

Export Prices by Country

In 2022, the average export price for frozen vegetables other than potato and corn amounted to $X per ton, with a decrease of -11.1% against the previous year. Over the period under review, the export price showed a pronounced reduction. The growth pace was the most rapid in 2021 when the average export price increased by 29%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Latvia ($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 (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Frozen Vegetables other than Potato and Corn

Imports into Lithuania

In 2022, the amount of frozen vegetables other than potato and corn imported into Lithuania rose modestly to X tons, surging by 4.6% compared with the previous year's figure. In general, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 29%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of frozen vegetables other than potato and corn stood at $X in 2022. Over the period under review, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2016 when imports increased by 44% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of frozen vegetables other than potato and corn to Lithuania, accounting for a 60% share of total imports. Moreover, imports of frozen vegetables other than potato and corn from Poland exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. The third position in this ranking was taken by Latvia (X tons), with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+18.6% per year) and Latvia (+0.1% per year).

In value terms, Poland ($X) constituted the largest supplier of frozen vegetables other than potato and corn to Lithuania, comprising 49% of total imports. The second position in the ranking was taken by Belgium ($X), with a 13% share of total imports. It was followed by Ukraine, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland stood at +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+20.5% per year) and Ukraine (+15.2% per year).

Import Prices by Country

The average import price for frozen vegetables other than potato and corn stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 17%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

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 Ukraine ($X per ton), while the price for Poland ($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 (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform