Market research

Chemically modified fats and oils market in Lithuania

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for chemically modified fats and oils in Lithuania showed considerable volatility between 2018 and 2024. Volume peaked at 40 021 т in 2021 after steady growth from 27 582 т in 2018, then halved to 20 610 т in 2022 before partially recovering to 31 998 т in 2023 and falling again to 20 404 т in 2024.

By 2024, Lithuania led the EU in per capita consumption of fats and oils processing machinery, signaling major industrial investment. This capacity expansion aligns with EU‑wide factors like the Renewable Energy Directive, which stimulates vegetable oil demand for biofuels, and a sustained consumer preference for plant‑based oils over animal fats.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Lithuania
  1. 5.1.1. In kind, 2018-2024, t
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
3. 5.3. Global production by Country, 2018-2023
  1. 5.3.1. Global Production by Country in kind
    1. 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, t
    2. 5.3.1.2. Structure of production by countries in kind, 2018-2023
    3. 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Lithuania by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Lithuania by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production chemically modified fats and oils in Lithuania

In value, 2018-2021, K $ US

Lithuania's production of chemically modified fats and oils has grown for the third year in a row. In 2021, the output was valued at 38 772 thousand US dollars, marking a significant increase of 55.9% compared to the previous year. From 2018 to 2021, production rose by 90.8%, which translates to an average annual growth rate of 24.0%.

Annual dynamics of production in Lithuania in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	4.7%	16.9%	55.9%	24.0%

Source: SHEV.io

In kind, 2018-2021, t

Between 2018 and 2021, Lithuania ranked 15th globally in terms of production volume for chemically modified fats and oils.

Top producers of chemically modified fats and oils, 2018-2021

Source: SHEV.io

World map of production of chemically modified fats and oils, 2018-2021

Source: SHEV.io

In 2021, Lithuania produced 43 523 tonnes of chemically modified fats and oils, showing a solid increase of 19.9% from the year before. Over the 2018-2021 period, production grew by 21.5%, with a compound annual growth rate of 6.7%. The only decline occurred in 2020, when output fell by 1.1%.

Annual dynamics of production in Lithuania in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.4%	(1.1%)	19.9%	6.7%

Source: SHEV.io

Exports chemically modified fats and oils from Lithuania

Exports in kind, t

After two years of growth, Lithuania's exports of chemically modified fats and oils declined in 2021. Exports totaled 41 358 tonnes, a slight decrease of 2.0% from the previous year. From 2018 to 2021, exports increased by 62.7%, averaging an annual growth rate of 17.6%. The highest export volume was recorded in 2020 at 42 188 tonnes, while the largest increase happened in 2019 with a jump of 60.1%.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	60.1%	3.7%	(2.0%)	17.6%

Source: SHEV.io

From 2018 to 2021, the top destinations for Lithuania's exports of chemically modified fats and oils in volume terms were Poland, with 21.9% of exports, Hungary at 17.5%, and Sweden with 17.4%. Together, these three countries accounted for 56.8% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Lithuania in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Lithuania's exports of chemically modified fats and oils have increased for the third consecutive year. In 2021, export value reached 50 477 thousand US dollars, a steep rise of 45.1% compared to the previous year. Over the 2018-2021 period, exports grew by 212.7%, with a compound annual growth rate of 46.2%.

Annual dynamics of product's exports from Lithuania in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	67.2%	28.8%	45.1%	46.2%

Source: SHEV.io

Between 2018 and 2021, the largest buyers of chemically modified fats and oils from Lithuania in value terms were Poland, accounting for 21.9% of exports, Hungary at 20.9%, and Sweden with 13.4%. These three countries together made up 56.3% of total export value.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Lithuania in value, 2018-2021

Source: SHEV.io

Imports chemically modified fats and oils to Lithuania

Imports in kind, t

Lithuania's imports of chemically modified fats and oils have risen for the third year in a row. In 2021, import volume totaled 37 857 tonnes, an increase of 6.3% from the previous year. From 2018 to 2021, imports grew by 120.3%, with an average annual growth rate of 30.1%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	75.4%	18.2%	6.3%	30.1%

Source: SHEV.io

From 2018 to 2021, Russia was the leading source of imports in volume terms for Lithuania, accounting for 54.8% of imports, followed by Latvia at 18.2% and Belarus with 16.5%. Together, these three countries represented 89.4% of total import volume.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Lithuania in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Lithuania's imports of chemically modified fats and oils have increased for the third consecutive year. In 2021, import value reached 39 184 thousand US dollars, a sharp gain of 61.5% compared to 2020. Over the 2018-2021 period, imports surged by 327%, with a compound annual growth rate of 62.2%.

Annual dynamics of product's imports to Lithuania in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	72.5%	53.3%	61.5%	62.2%

Source: SHEV.io

Between 2018 and 2021, Russia dominated Lithuania's imports in value terms, making up 59.3% of the total, while Latvia accounted for 14.4% and Belarus for 14.1%. These three countries together comprised 87.8% of total import value.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Lithuania in value, 2018-2021

Source: SHEV.io