Concentrated sweetened milk and cream market in Lithuania

Earlier Report Observations

The Lithuanian concentrated sweetened milk and cream market began the period at 6 939 t in 2018, with the strong presence of leading dairy producer Pieno Žvaigždės AB underpinning the sector. Market volume fell to 5 949 t in 2019 as increased export activity, including new shipments to Qatar, diverted product from the domestic market. A modest recovery followed, with volume reaching 6 283 t by 2021.

From 2022, the market experienced significant cost pressures. European energy price increases and raw milk price fluctuations raised production expenses, which drove the market value up to $12.4 million in 2022 despite a volume decline to 5 617 t. Lithuania maintained its role as a regional exporter, ranking third among suppliers to Finland. Market volume dropped further to 4 628 t in 2023 before a slight rebound to 4 869 t in 2024, while value decreased to $10.5 million.

The dominance of Pieno Žvaigždės AB and steady milk consumption patterns characterized the Lithuanian dairy sector through the end of the period, continuing to shape the market environment for concentrated sweetened milk and cream.

Production concentrated sweetened milk and cream in Lithuania

In value, 2018-2021, K $ US

In 2021, Lithuania's production of concentrated sweetened milk and cream was valued at 20 982 thousand US dollars, marking a slight decrease of 1.6% compared to the previous year. Over the period from 2018 to 2021, production increased by 47.5%, with a compound annual growth rate of 13.8%. The minimum value was recorded in 2019 at 13 725 thousand US dollars, while the maximum value occurred in 2020 at 21 332 thousand US dollars. The largest decline was observed in 2019, with a drop of 3.5%, and the largest increase was in 2020, with a rise of 55.4%.

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

In kind, 2018-2021, t

From 2018 to 2021, Lithuania ranked 25th globally in the production of concentrated sweetened milk and cream.

Top producers of concentrated sweetened milk and cream, 2018-2021

World map of production of concentrated sweetened milk and cream, 2018-2021

In 2021, Lithuania produced 11 400 tonnes of concentrated sweetened milk and cream, indicating a limited decline of 6.8% from the year before. Over the period from 2018 to 2021, production increased by 35.4%, with a compound annual growth rate of 10.6%. The minimum value was recorded in 2019 at 8 144 tonnes, while the maximum value was in 2020 at 12 226 tonnes. The largest increase occurred in 2020, with a rise of 50.1%.

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

Exports concentrated sweetened milk and cream from Lithuania

Exports in kind, t

Market performance showed noticeable fluctuations during the period. From 2018 to 2020, exports varied significantly, with a peak-to-trough amplitude of 1.9 times. In 2021, Lithuania's exports of concentrated sweetened milk and cream totaled 9 040 tonnes, reflecting a notable drop of 10.1% compared to 2020. The maximum value was recorded in 2020 at 10 058 tonnes, and the largest increase was in 2020, with a rise of 85.7%.

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

During 2018 to 2021, Australia, Latvia, and Portugal were important buyers of concentrated sweetened milk and cream from Lithuania, accounting for 15.6%, 13.0%, and 11.6% of exports in kind, respectively. However, their combined share reached only 40.2% of total exports in kind, with the remaining 59.8% distributed among many other trading partners.

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

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

Exports in value, K $ US

Market performance exhibited noticeable fluctuations during the period. Exports peaked in 2020 and reached their lowest point in 2018, with a 1.9-fold gap between these years. In 2021, Lithuania's exports of concentrated sweetened milk and cream reached 16 844 thousand US dollars, reflecting a modest decrease of 9.8% year-over-year. The maximum value was recorded in 2020 at 18 680 thousand US dollars, and the largest increase was in 2020, with a rise of 90.2%.

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

From 2018 to 2021, Lithuania's exports of concentrated sweetened milk and cream in value terms relied on a wide range of partner countries. Australia, Latvia, and Portugal accounted for 15.4%, 14.0%, and 11.0% of exports in value terms, respectively, but together they took just 40.4% of total flows.

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

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

Imports concentrated sweetened milk and cream to Lithuania

Imports in kind, t

Lithuania's imports of concentrated sweetened milk and cream increased for the second consecutive year. In 2021, Lithuania imported 3 923 tonnes, indicating a slight advance of 2.8% from 2020. Between 2018 and 2021, imports increased by 6%, equating to an annualized rate of 2.0%. The minimum value was recorded in 2019 at 3 222 tonnes. The largest decline occurred in 2019, with a drop of 13.0%, while the largest increase was in 2020, with a rise of 18.4%.

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

Throughout 2018 to 2021, the Netherlands, Germany, and Poland played leading roles in Lithuania's imports of concentrated sweetened milk and cream in kind, accounting for 31.1%, 22.7%, and 18.5% of imports, respectively. Together, they accounted for 72.3% of total flows.

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

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

Imports in value, K $ US

Lithuania's imports of concentrated sweetened milk and cream increased for the second consecutive year. In 2021, imports amounted to 6 989 thousand US dollars, constituting a strong improvement of 10.2% compared to the previous year. Over the period from 2018 to 2021, imports increased by 22%, with a compound annual growth rate of 6.9%. The minimum value was recorded in 2019 at 5 373 thousand US dollars. The largest decline occurred in 2019, with a drop of 6.2%, while the largest increase was in 2020, with a rise of 18.0%.

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

Throughout 2018 to 2021, the Netherlands, Poland, and Germany played leading roles in Lithuania's imports of concentrated sweetened milk and cream in value terms, accounting for 24.7%, 22.9%, and 19.2% of imports, respectively. Together, they accounted for 66.8% of total flows.

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

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