Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Lithuania - 2023

Contents:

1. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Lithuania (CIF) - 2022
2. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Lithuania (FOB) - 2022
3. Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Lithuania
4. Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Lithuania

Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Lithuania (CIF) - 2022

The average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $14,970 per ton in 2022, increasing by 3.4% against the previous year. Overall, the import price, however, showed a deep downturn. The import price peaked at $28,345 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($21,328 per ton), while the price for France ($11,338 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.0%), while the prices for the other major suppliers experienced a decline.

Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Lithuania (FOB) - 2022

The average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $51,000 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Lithuania

For the fourth year in a row, Lithuania recorded growth in purchases abroad of mollusc preparations; scallops, including queen scallops, prepared or preserveds, which increased by 36% to 13 tons in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,468%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds soared to $190K in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,029%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved to Lithuania in 2022:

1. France (7.9 tons)
2. Latvia (4.6 tons)

Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Lithuania

In 2022, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds from Lithuania reduced markedly to 2 kg, shrinking by -50% compared with 2021 figures. In general, exports faced a significant curtailment.

In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds dropped rapidly to $102 in 2022. Overall, exports continue to indicate a dramatic contraction.

Top Export Markets for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved from Lithuania in 2022:

1. Netherlands (2.0 kg)

Source: IndexBox Market Intelligence Platform