Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Lithuania - 2023

Contents:

  1. Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Lithuania (CIF) - 2023
  2. Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Lithuania (FOB) - 2023
  3. Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Lithuania
  4. Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Lithuania

Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Lithuania (CIF) - 2023

In October 2023, the average import price for fresh or chilled lettuce, other than cabbage lettuce amounted to $1,729 per ton, surging by 9.7% against the previous month. In general, import price indicated a pronounced increase from October 2022 to October 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for fresh or chilled lettuce, other than cabbage lettuce increased by +12.5% against June 2023 indices. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 26% m-o-m. Over the period under review, average import prices hit record highs at $2,269 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Latvia ($6,208 per ton), while the price for Poland ($1,281 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Latvia (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Lithuania (FOB) - 2023

The average export price for fresh or chilled lettuce, other than cabbage lettuce stood at $1,967 per ton in October 2023, increasing by 11% against the previous month. Over the period under review, export price indicated modest growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for fresh or chilled lettuce, other than cabbage lettuce increased by +11.1% against September 2023 indices. The pace of growth was the most pronounced in February 2023 an increase of 30% m-o-m. As a result, the export price reached the peak level of $2,846 per ton. From March 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($9,734 per ton), while the average price for exports to Estonia ($1,165 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+17.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Lithuania

In 2022, imports of fresh or chilled lettuce, other than cabbage lettuce into Lithuania fell to 5.6K tons, dropping by -11.8% against the year before. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 9.1% against the previous year.

In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce contracted to $9M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of $10M, and then contracted in the following year.

Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2.02.23.43.217.0%
Germany0.90.81.62.132.6%
Italy2.42.02.11.4-16.4%
Netherlands1.31.11.21.0-8.4%
Spain1.30.91.00.6-22.7%
Estonia0.60.40.40.4-12.6%
Latvia0.20.30.40.314.5%
Others0.20.10.10.1-20.6%
Total8.97.810.29.00.4%

Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to Lithuania in 2022:

  1. Poland (3089.4 tons)
  2. Germany (630.8 tons)
  3. Spain (523.4 tons)
  4. Italy (506.8 tons)
  5. Netherlands (447.5 tons)
  6. Latvia (172.0 tons)
  7. Estonia (114.7 tons)

Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Lithuania

In 2022, exports of fresh or chilled lettuce, other than cabbage lettuce from Lithuania dropped significantly to 1K tons, waning by -27.1% compared with 2021. Over the period under review, exports faced a dramatic descent. The smallest decline of -7.6% was in 2021.

In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce dropped dramatically to $1.8M in 2022. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 11%.

Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia9581,0491,2631,0804.1%
Estonia33040467163324.3%
Belarus1,35264443680.5-61.0%
Spain35.313.317.824.0-12.1%
Russia480225197N/A-35.9%
Others10.90.20.512.34.1%
Total3,1652,3352,5851,830-16.7%

Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from Lithuania in 2022:

  1. Latvia (609.4 tons)
  2. Estonia (369.2 tons)
  3. Belarus (42.5 tons)
  4. Spain (18.0 tons)

Source: IndexBox Market Intelligence Platform

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