Lithuania - Butter And Dairy Spreads - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Butter and Dairy Spreads in Lithuania - 2023
Contents:
- Price for Butter and Dairy Spreads in Lithuania (CIF) - 2023
- Price for Butter and Dairy Spreads in Lithuania (FOB) - 2023
- Imports of Butter and Dairy Spreads in Lithuania
- Exports of Butter and Dairy Spreads in Lithuania
Price for Butter and Dairy Spreads in Lithuania (CIF) - 2023
In September 2023, the average butter and dairy spreads import price amounted to $5,595 per ton, increasing by 4.5% against the previous month. In general, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in April 2023 an increase of 5.8% against the previous month. Over the period under review, average import prices attained the maximum at $7,036 per ton in October 2022; however, from November 2022 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($9,727 per ton), while the price for Latvia ($4,992 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.5%), while the prices for the other major suppliers experienced a decline.
Price for Butter and Dairy Spreads in Lithuania (FOB) - 2023
In September 2023, the average butter and dairy spreads export price amounted to $5,391 per ton, stabilizing at the previous month. In general, the export price, however, saw a noticeable setback. The growth pace was the most rapid in November 2022 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices reached the maximum at $7,479 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Israel ($7,077 per ton), while the average price for exports to Uzbekistan ($3,408 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+13.4%), while the prices for the other major destinations experienced a decline.
Imports of Butter and Dairy Spreads in Lithuania
In 2022, imports of butter and dairy spreads into Lithuania amounted to 5.7K tons, picking up by 11% compared with 2021 figures. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 13%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, butter and dairy spreads imports skyrocketed to $39M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Butter and Dairy Spreads in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 15.9 | 13.7 | 15.8 | 26.7 | 18.9% |
| Netherlands | 0.3 | 0.5 | 3.1 | 3.7 | 131.0% |
| Ukraine | N/A | N/A | N/A | 2.7 | 0% |
| Italy | 0.1 | 0.1 | 0.4 | 1.4 | 141.0% |
| Germany | 0.2 | 0.3 | 1.2 | 1.3 | 86.6% |
| Belgium | 1.4 | 1.2 | 2.2 | 1.1 | -7.7% |
| Estonia | 1.2 | 0.9 | 0.4 | 0.8 | -12.6% |
| Latvia | 0.5 | 1.0 | 1.0 | 0.6 | 6.3% |
| Others | 1.3 | 1.1 | 1.8 | 0.9 | -11.5% |
| Total | 20.9 | 18.7 | 25.9 | 39.2 | 23.3% |
Top Suppliers of Butter and Dairy Spreads to Lithuania in 2022:
- Poland (3888.9 tons)
- Netherlands (544.4 tons)
- Ukraine (429.3 tons)
- Germany (184.7 tons)
- Italy (184.6 tons)
- Belgium (136.2 tons)
- Estonia (118.0 tons)
- Latvia (95.3 tons)
Exports of Butter and Dairy Spreads in Lithuania
In 2022, overseas shipments of butter and dairy spreads decreased by -28.3% to 4.1K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 46%. As a result, the exports reached the peak of 6.4K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, butter and dairy spreads exports amounted to $27M in 2022. The total export value increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 46%. As a result, the exports attained the peak of $28M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Butter and Dairy Spreads in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1.1 | 17.7 | 2.6 | 15.2 | 140.0% |
| Latvia | 5.5 | 4.0 | 4.1 | 3.6 | -13.2% |
| Poland | N/A | 0.3 | 4.7 | 1.4 | 116.0% |
| France | 1.1 | N/A | N/A | 1.4 | 8.4% |
| Germany | 2.3 | 1.4 | 4.7 | 1.2 | -19.5% |
| Estonia | 1.2 | 0.7 | 1.1 | 1.0 | -5.9% |
| Uzbekistan | 0.2 | 0.2 | 0.9 | 0.5 | 35.7% |
| Israel | 1.4 | 0.7 | 0.5 | 0.3 | -40.2% |
| Italy | 0.7 | 0.3 | 0.5 | 0.1 | -47.7% |
| Kazakhstan | 3.4 | 0.4 | 0.1 | 0.1 | -69.1% |
| Others | 2.6 | 2.7 | 5.2 | 2.3 | -4.0% |
| Total | 19.5 | 28.5 | 24.3 | 26.9 | 11.3% |
Top Export Markets for Butter and Dairy Spreads from Lithuania in 2022:
- Saudi Arabia (2149.9 tons)
- Latvia (507.8 tons)
- Poland (463.3 tons)
- France (175.3 tons)
- Germany (161.3 tons)
- Estonia (141.2 tons)
- Uzbekistan (140.3 tons)
- Israel (35.5 tons)
- Italy (15.0 tons)
- Kazakhstan (12.2 tons)
This report provides an in-depth analysis of the market for butter and dairy spreads in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 983 - Butter and Ghee of Sheep Milk
- FCL 1022 - Butter of Goat Milk
- FCL 952 - Butter of Buffalo Milk
- FCL 886 - Butter of Cow Milk
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for butter and dairy spreads in Lithuania.
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This report provides an in-depth analysis of the butter and ghee market in Lithuania.
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This report provides an in-depth analysis of the ghee market in Lithuania.
630
This report provides an in-depth analysis of the butter market in Lithuania.
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This report provides an in-depth analysis of the dairy produce market in Lithuania.
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This report provides an in-depth analysis of the dairy spread market in Lithuania.
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This report provides an in-depth analysis of the global market for butter and dairy spreads.
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This report provides an in-depth analysis of the global butter and ghee market.
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This report provides an in-depth analysis of the global ghee market.
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This report provides an in-depth analysis of the global butter market.
7855
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
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Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
1028
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
2784
The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
1752
New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but
1578
New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported X thousand tons of ghee totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total ghee
912
This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.
2009
The global trade in butter amounted to X million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again
