Frozen Whole Chicken Price in Lithuania - 2023

Contents:

  1. Frozen Whole Chicken Price in Lithuania (FOB) - 2022
  2. Frozen Whole Chicken Price in Lithuania (CIF) - 2022
  3. Frozen Whole Chicken Exports in Lithuania
  4. Frozen Whole Chicken Imports in Lithuania

Frozen Whole Chicken Price in Lithuania (FOB) - 2022

The average frozen whole chicken export price stood at $1,658 per ton in 2022, jumping by 45% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $2,060 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($3,839 per ton), while the average price for exports to Ghana ($951 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 Norway (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Chicken Price in Lithuania (CIF) - 2022

The average frozen whole chicken import price stood at $2,890 per ton in 2022, picking up by 6.2% against the previous year. In general, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 59%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 the Czech Republic ($6,663 per ton), while the price for Ukraine ($1 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Whole Chicken Exports in Lithuania

For the third consecutive year, Lithuania recorded decline in shipments abroad of frozen whole chickens, which decreased by -22% to 705 tons in 2022. Overall, exports saw a deep slump. The smallest decline of -6.7% was in 2021.

In value terms, frozen whole chicken exports stood at $1.2M in 2022. In general, exports saw a deep slump.

Export of Frozen Whole Chicken in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guinea12211938628933.3%
Norway28.5N/AN/A17884.2%
Sierra LeoneN/AN/AN/A1500%
Denmark77135781.4129-44.9%
Latvia68.873.858.311418.3%
AngolaN/AN/AN/A57.90%
GhanaN/AN/A39.541.75.6%
LiberiaN/A92.3N/A32.0-41.1%
BeninN/AN/A16129.0-82.0%
United Arab EmiratesN/AN/AN/A27.80%
TogoN/A51.4N/A27.0-27.5%
SwitzerlandN/AN/AN/A24.90%
United Kingdom307434N/AN/A41.4%
Others31213530868.0-39.8%
Total1,6091,2631,0331,169-10.1%

Top Export Markets for Frozen Whole Chicken from Lithuania in 2022:

  1. Guinea (228.4 tons)
  2. Sierra Leone (88.0 tons)
  3. Norway (68.4 tons)
  4. Denmark (53.9 tons)
  5. Ghana (43.8 tons)
  6. Angola (43.4 tons)
  7. Latvia (43.1 tons)
  8. Togo (23.4 tons)
  9. Switzerland (23.2 tons)
  10. United Arab Emirates (22.6 tons)
  11. Benin (22.4 tons)
  12. Liberia (21.0 tons)

Frozen Whole Chicken Imports in Lithuania

For the third year in a row, Lithuania recorded decline in supplies from abroad of frozen whole chickens, which decreased by -8.5% to 152 tons in 2022. In general, imports showed a precipitous setback.

In value terms, frozen whole chicken imports declined modestly to $439K in 2022. Over the period under review, imports showed a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 0.3% against the previous year.

Import of Frozen Whole Chicken in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,22666.5220245-41.5%
Latvia112133129103-2.8%
ItalyN/AN/AN/A35.80%
SlovakiaN/AN/A9.729.4203.1%
Czech Republic6.88.521.117.236.3%
Netherlands49.850.569.56.8-48.5%
Denmark20.9153N/A1.6-57.5%
FranceN/A37.5N/AN/A0%
UkraineN/AN/AN/AN/A0%
OthersN/A2.02.7N/A35.0%
Total1,415450452439-32.3%

Top Suppliers of Frozen Whole Chicken to Lithuania in 2022:

  1. Poland (62.6 tons)
  2. Latvia (35.6 tons)
  3. Italy (21.1 tons)
  4. Ukraine (19.1 tons)
  5. Slovakia (7.0 tons)
  6. Czech Republic (2.6 tons)
  7. Netherlands (2.4 tons)
  8. Denmark (1.6 tons)

Source: IndexBox Market Intelligence Platform

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