Lithuania: Sausage Market 2020

Sausage Market Size in Lithuania

The revenue of the sausage market in Lithuania amounted to $X in 2018, reducing by -X% against the previous year. Over the period under review, sausage consumption, however, continues to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Lithuania sausage consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Sausage Production in Lithuania

In value terms, sausage production amounted to $X in 2018 estimated in export prices. In general, sausage production, however, continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Lithuania sausage production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Sausage Exports

Exports from Lithuania

In 2018, the exports of sausages and similar products of meat from Lithuania stood at X tons, coming down by -X% against the previous year. In general, sausage exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, sausage exports attained their peak figure at X tons in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, sausage exports amounted to $X in 2018. In general, sausage exports, however, continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Lithuania exports peaked at $X in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

The countries with the highest levels of sausage exports in 2018 were the U.S. (X tons), Germany (X tons), Poland (X tons), Brazil (X tons), Italy (X tons), Spain (X tons), the Netherlands (X tons), France (X tons), Austria (X tons), Belgium (X tons), Belarus (X tons) and China (X tons), together amounting to X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the U.S. ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Spain, Poland, Austria, France, China, the Netherlands, Belgium, Brazil, Belarus and Lithuania lagged somewhat behind, together accounting for a further X recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the sausage export price in Lithuania amounted to $X per ton, rising by X% against the previous year. In general, the sausage export price, however, continues to indicate a mild reduction. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, the export prices for sausages and similar products of meat reached their maximum at $X per ton in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Sausage Imports

Imports into Lithuania

In 2018, the amount of sausages and similar products of meat imported into Lithuania stood at X tons, going down by -X% against the previous year. Over the period under review, sausage imports continue to indicate a mild deduction. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Lithuania imports peaked at X tons in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, sausage imports stood at $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Lithuania imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

The imports of the twelve major importers of sausages and similar products of meat, namely the UK, Germany, France, Hungary, the Netherlands, Angola, Canada, Belgium, Mexico, Slovakia, Russia and Spain, represented more than half of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Hungary, while the other leaders experienced more modest paces of growth.

In value terms, the largest sausage importing markets into Lithuania were the UK ($X), Germany ($X) and France ($X), with a combined X% share of total imports. Belgium, Canada, the Netherlands, Mexico, Hungary, Slovakia, Spain, Russia, Angola and Lithuania lagged somewhat behind, together accounting for a further X experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The sausage import price in Lithuania stood at $X per ton in 2018, jumping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X% year-to-year. In that year, the import prices for sausages and similar products of meat reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform