Lithuania: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Lithuania

The Lithuanian pasta and couscous market fell sharply to $X in 2022, with a decrease of -29.5% against the previous year. Overall, consumption, however, recorded a modest expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Pasta And Couscous Production in Lithuania

In value terms, pasta and couscous production skyrocketed to $X in 2022 estimated in export price. In general, production, however, recorded a prominent increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 38% against the previous year. Pasta and couscous production peaked in 2022 and is expected to retain growth in years to come.

Pasta And Couscous Exports

Exports from Lithuania

In 2022, exports of stuffed pasta and couscous from Lithuania rose sharply to X tons, with an increase of 13% against 2021 figures. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 103% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pasta and couscous exports surged to $X in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 137% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The UK (X tons) was the main destination for pasta and couscous exports from Lithuania, with a 39% share of total exports. Moreover, pasta and couscous exports to the UK exceeded the volume sent to the second major destination, Sweden (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled +32.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+25.7% per year) and Germany (+13.1% per year).

In value terms, the UK ($X) remains the key foreign market for stuffed pasta and couscous exports from Lithuania, comprising 40% of total exports. The second position in the ranking was held by Germany ($X), with an 8.3% share of total exports. It was followed by Sweden, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +38.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+19.1% per year) and Sweden (+37.2% per year).

Export Prices by Country

In 2022, the average pasta and couscous export price amounted to $X per ton, with an increase of 8.8% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pasta and couscous export price increased by +101.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Norway ($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 France (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta And Couscous Imports

Imports into Lithuania

In 2022, approx. X tons of stuffed pasta and couscous were imported into Lithuania; with an increase of 18% compared with the previous year. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.7% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, pasta and couscous imports soared to $X in 2022. Overall, imports recorded resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 24%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Latvia (X tons), Poland (X tons) and Italy (X tons) were the main suppliers of pasta and couscous imports to Lithuania, together comprising 60% of total imports. Estonia, Ukraine, Germany, Turkey, Belgium, the Netherlands and Russia lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +50.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pasta and couscous suppliers to Lithuania were Poland ($X), Latvia ($X) and Ukraine ($X), with a combined 56% share of total imports. Italy, Germany, Estonia, the Netherlands, Belgium, Turkey and Russia lagged somewhat behind, together accounting for a further 33%.

Belgium, with a CAGR of +47.8%, saw the highest rates of growth with regard to 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

In 2022, the average pasta and couscous import price amounted to $X per ton, picking up by 3.9% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2013 an increase of 21% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform