Lithuania: Mixed Juices Market 2024

Mixed Juices Market Size in Lithuania

The Lithuanian mixed juices market rose markedly to $X in 2022, surging by 13% against the previous year. Over the period under review, consumption showed a buoyant expansion. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the near future.

Mixed Juices Production in Lithuania

In value terms, mixed juices production soared to $X in 2022 estimated in export price. In general, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -10.2% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 85%. Mixed juices production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Mixed Juices Exports

Exports from Lithuania

Mixed juices exports from Lithuania expanded rapidly to X tons in 2022, with an increase of 5.2% compared with 2021. Overall, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 81%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, mixed juices exports declined to $X in 2022. Over the period under review, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by 104%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Estonia (X tons) was the main destination for mixed juices exports from Lithuania, with a 57% share of total exports. Moreover, mixed juices exports to Estonia exceeded the volume sent to the second major destination, Latvia (X tons), twofold. Russia (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Estonia stood at +20.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+9.5% per year) and Russia (-6.6% per year).

In value terms, the largest markets for mixed juices exported from Lithuania were Estonia ($X), Latvia ($X) and Russia ($X), with a combined 91% share of total exports. The UK, Spain and Poland lagged somewhat behind, together accounting for a further 5.1%.

In terms of the main countries of destination, Spain, with a CAGR of +40,626.4%, recorded the highest growth rate of 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

In 2022, the average mixed juices export price amounted to $X per ton, dropping by -7.2% against the previous year. Overall, the export price saw a slight decrease. The pace of growth appeared the most rapid in 2017 an increase of 12%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Spain ($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 Latvia (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mixed Juices Imports

Imports into Lithuania

In 2022, approx. X tons of mixtures of fruit and vegetable juices were imported into Lithuania; rising by 5.6% compared with 2021 figures. Overall, imports saw a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 74%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, mixed juices imports rose markedly to $X in 2022. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 42%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

Poland (X tons), Germany (X tons) and Latvia (X tons) were the main suppliers of mixed juices imports to Lithuania, together comprising 71% of total imports. Spain, the Netherlands, Cyprus, Austria and Hungary lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +33.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed juices suppliers to Lithuania were the Netherlands ($X), Poland ($X) and Germany ($X), with a combined 69% share of total imports. Spain, Latvia, Austria, Cyprus and Hungary lagged somewhat behind, together comprising a further 26%.

Among the main suppliers, Spain, with a CAGR of +32.8%, saw the highest rates of growth with regard to the value of imports, 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 mixed juices import price amounted to $X per ton, growing by 8.3% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mixed juices import price decreased by -2.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 the Netherlands ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform