Lithuania: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Lithuania

The Lithuanian homogenised jam and marmalade market reduced to $X in 2022, with a decrease of -12.4% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Lithuania

In value terms, homogenised jam and marmalade production contracted dramatically to $X in 2022 estimated in export price. Overall, production showed a deep setback. The pace of growth was the most pronounced in 2013 with an increase of 71% against the previous year. Homogenised jam and marmalade production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Lithuania

In 2022, the amount of homogenised preparations of jams, fruit jellies and marmalades exported from Lithuania shrank dramatically to X tons, with a decrease of -29.3% on the year before. Over the period under review, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 1,499% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, homogenised jam and marmalade exports declined markedly to $X in 2022. In general, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of 1,028%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for homogenised jam and marmalade exports from Lithuania, with a 77% share of total exports. Moreover, homogenised jam and marmalade exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), fivefold. Kazakhstan (X tons) ranked third in terms of total exports with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +23.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+10.0% per year) and Kazakhstan (+9.7% per year).

In value terms, Russia ($X) remains the key foreign market for homogenised preparations of jams, fruit jellies and marmalades exports from Lithuania, comprising 65% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 27% share of total exports. It was followed by Kazakhstan, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +29.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+14.7% per year) and Kazakhstan (+6.1% per year).

Export Prices by Country

The average homogenised jam and marmalade export price stood at $X per ton in 2022, increasing by 2.7% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, homogenised jam and marmalade export price increased by +40.9% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 36%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Russia ($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 (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Lithuania

In 2022, supplies from abroad of homogenised preparations of jams, fruit jellies and marmalades decreased by -8.8% to X tons, falling for the fourth year in a row after four years of growth. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 347%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, homogenised jam and marmalade imports dropped rapidly to $X in 2022. In general, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2015 when imports increased by 285% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X tons), Austria (X tons) and Spain (X tons) were the main suppliers of homogenised jam and marmalade imports to Lithuania, with a combined 49% share of total imports. Sweden, Poland, Germany, Slovakia, Italy, Estonia and Latvia lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +73.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Austria ($X) and Sweden ($X) were the largest homogenised jam and marmalade suppliers to Lithuania, with a combined 54% share of total imports. Spain, Estonia, Germany, Poland, Italy, Slovakia and Latvia lagged somewhat behind, together comprising a further 42%.

Estonia, with a CAGR of +64.9%, saw the highest growth rate of 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

The average homogenised jam and marmalade import price stood at $X per ton in 2022, dropping by -10.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2021 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

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 Estonia ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform