Lithuania: Frozen Whole Turkey Market 2025

Frozen Whole Turkey Market Size in Lithuania

The Lithuanian frozen whole turkey market reduced to $X in 2022, shrinking by -6.4% against the previous year. Overall, consumption saw a dramatic downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Frozen Whole Turkey Production in Lithuania

In value terms, frozen whole turkey production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, faced a sharp decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by 214%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Frozen Whole Turkey Exports

Exports from Lithuania

In 2022, approx. X tons of frozen whole turkeys were exported from Lithuania; with an increase of 332% compared with the previous year. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 2,748% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen whole turkey exports surged to $X in 2022. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 2,901%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Armenia (X tons) was the main destination for frozen whole turkey exports from Lithuania, with a 56% share of total exports. Moreover, frozen whole turkey exports to Armenia exceeded the volume sent to the second major destination, Estonia (X tons), twofold. Latvia (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Armenia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+0.3% per year) and Latvia (-14.2% per year).

In value terms, Armenia ($X) emerged as the key foreign market for frozen whole turkeys exports from Lithuania, comprising 60% of total exports. The second position in the ranking was taken by Estonia ($X), with a 23% share of total exports. It was followed by Latvia, with a 9% share.

From 2012 to 2022, the average annual growth rate of value to Armenia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-0.4% per year) and Latvia (-14.0% per year).

Export Prices by Country

In 2022, the average frozen whole turkey export price amounted to $X per ton, surging by 9.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2020 an increase of 27% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Armenia ($X per ton) and Estonia ($X per ton), while the average price for exports to Latvia ($X per ton) and Croatia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Turkey Imports

Imports into Lithuania

Frozen whole turkey imports into Lithuania contracted notably to X tons in 2022, declining by -68.4% compared with 2021 figures. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2013 when imports increased by 117,385% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, frozen whole turkey imports dropped significantly to $X in 2022. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 168,762%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Latvia (X tons) was the main supplier of frozen whole turkey to Lithuania, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Latvia totaled +80.4%.

In value terms, Latvia ($X) constituted the largest supplier of frozen whole turkeys to Lithuania.

From 2012 to 2022, the average annual growth rate of value from Latvia stood at +71.5%.

Import Prices by Country

In 2022, the average frozen whole turkey import price amounted to $X per ton, with an increase of 14% against the previous year. Overall, import price indicated a measured 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, frozen whole turkey import price increased by +34.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 53%. As a result, import price reached the peak level of $X per ton. From 2018 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 Latvia.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +13.4% per year.

Source: IndexBox Platform