Broken Rice Price in Lithuania - 2023
Contents:
- Broken Rice Price in Lithuania (CIF) - 2022
- Broken Rice Price in Lithuania (FOB) - 2022
- Broken Rice Imports in Lithuania
- Broken Rice Exports in Lithuania
Broken Rice Price in Lithuania (CIF) - 2022
The average broken rice import price stood at $527 per ton in 2022, growing by 2.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 61% against the previous year. Over the period under review, average import prices attained the maximum at $577 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($612 per ton) and Poland ($534 per ton), while the price for Myanmar ($514 per ton) and Belgium ($528 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Broken Rice Price in Lithuania (FOB) - 2022
The average broken rice export price stood at $586 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price showed a deep slump. The pace of growth was the most pronounced in 2021 an increase of 42% against the previous year. The export price peaked at $2,639 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Estonia ($643 per ton) and Ukraine ($598 per ton), while the average price for exports to Slovakia ($565 per ton) and the Czech Republic ($577 per ton) were amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+12.5%), while the prices for the other major destinations experienced mixed trend patterns.
Broken Rice Imports in Lithuania
In 2022, purchases abroad of broken rice decreased by -3.4% to 4.2K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 34% against the previous year. As a result, imports reached the peak of 4.5K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, broken rice imports shrank modestly to $2.2M in 2022. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. As a result, imports reached the peak of $2.2M, and then shrank in the following year.
| Import of Broken Rice in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 20.0 | 22.0 | 199 | 867 | 251.3% |
| Myanmar | 928 | 1,350 | 1,016 | 848 | -3.0% |
| Poland | 0.5 | N/A | 88.4 | 376 | 809.4% |
| Netherlands | 52.1 | 49.6 | 98.3 | 103 | 25.5% |
| Bulgaria | 121 | 10.6 | 31.4 | N/A | -49.1% |
| Argentina | N/A | N/A | 577 | N/A | 0% |
| Paraguay | N/A | N/A | 134 | N/A | 0% |
| Others | N/A | N/A | 91.4 | 10.1 | -88.9% |
| Total | 1,121 | 1,432 | 2,235 | 2,205 | 25.3% |
Top Suppliers of Broken Rice to Lithuania in 2022:
- Myanmar (1650.0 tons)
- Belgium (1641.3 tons)
- Poland (704.2 tons)
- Netherlands (169.0 tons)
Broken Rice Exports in Lithuania
In 2022, broken rice exports from Lithuania skyrocketed to 1.2K tons, increasing by 379% compared with 2021. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 502% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, broken rice exports skyrocketed to $709K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 398%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Broken Rice in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | 209 | 122 | 368 | 32.7% |
| Ukraine | N/A | N/A | N/A | 157 | 0% |
| Czech Republic | 19.7 | N/A | N/A | 83.1 | 61.6% |
| Slovakia | N/A | N/A | N/A | 81.4 | 0% |
| Estonia | 6.3 | 20.7 | 25.4 | 19.3 | 45.2% |
| Latvia | 20.4 | 53.3 | N/A | N/A | 161.3% |
| Others | 10.3 | N/A | 0.6 | N/A | -75.9% |
| Total | 56.8 | 283 | 148 | 709 | 132.0% |
Top Export Markets for Broken Rice from Lithuania in 2022:
- Poland (629.5 tons)
- Ukraine (262.0 tons)
- Slovakia (144.0 tons)
- Czech Republic (144.0 tons)
- Estonia (30.1 tons)
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