Prepared or preserved beef and offal market in Lithuania

Earlier Report Observations

The Lithuanian market for prepared or preserved beef and offal expanded to 2 379 tons in 2019, supported by the entry of new players offering innovative products and government policies encouraging local producers' competitiveness and investment in modern technology, which bolstered supply and demand.

The COVID-19 pandemic in 2020 caused supply chain disruptions and reduced demand from the restaurant sector, leading to a slight market correction. However, increased consumer demand for longer-lasting and convenient products helped cushion the decline. The market stabilized around 2 320 tons in 2021, influenced by regulatory changes for clearer origin and quality labeling and growing consumer interest in local and organic offerings.

Geopolitical factors and global supply chain shocks in 2022 severely impacted raw material availability and prices, contributing to a sharp market contraction to 1 790 tons as inflation shifted consumer behavior toward price-consciousness. Continued energy price volatility kept production costs elevated in 2023, further reducing the market volume to 1 703 tons, despite the arrival of new specialized producers and state initiatives promoting innovation and sustainability.

Production prepared or preserved beef and offal in Lithuania

In kind, 2018-2021, t

Top producers of prepared or preserved beef and offal, 2018-2021

World map of production of prepared or preserved beef and offal, 2018-2021

Lithuania's production of prepared or preserved beef and offal has grown for the third year in a row. In 2021, the country produced 1 449 tonnes, marking a steady increase of 7.9% compared to 2020. Looking at the period from 2018 to 2021, production rose by 25.5%, which translates to an average annual growth rate of 7.9%.

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

Exports prepared or preserved beef and offal from Lithuania

Exports in kind, t

In 2021, Lithuania exported 59 tonnes of prepared or preserved beef and offal, a sharp drop of 66.1% from 2020. Over the 2018-2021 period, exports fell by 56.8%, with a compound annual growth rate of -24.4%. The peak was in 2020 at 173 tonnes, which also saw the largest increase of 65.4%.

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

From 2018 to 2021, Latvia, Afghanistan, and Estonia were the main export destinations for Lithuania's prepared or preserved beef and offal in volume terms. Latvia accounted for 34.2% of exports, Afghanistan for 18.3%, and Estonia for 16.3%, together making up 68.8% of total exports.

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

In 2021, the value of Lithuania's prepared or preserved beef and offal exports totaled 452 thousand US dollars, a significant decline of 48.4% from the previous year. Between 2018 and 2021, exports decreased by 46.1%, averaging an annual drop of 18.6%. The highest value was recorded in 2020 at 876 thousand US dollars, which also experienced the largest increase of 34.8%.

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

During 2018-2021, Latvia, Afghanistan, and the United States led in the value of Lithuania's prepared or preserved beef and offal exports. Latvia contributed 32.9%, Afghanistan 20.4%, and the United States 11.0%, collectively accounting for 64.3% of total export value.

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

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

Imports prepared or preserved beef and offal to Lithuania

Imports in kind, t

Lithuania's imports of prepared or preserved beef and offal fell for the second consecutive year. In 2021, imports reached 930 tonnes, down 19.5% year-on-year. From 2018 to 2021, imports decreased by 19.6%, with an average annual decline of 7.0%. The highest volume was in 2019 at 1 219 tonnes, which also saw the largest increase of 5.3%.

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

From 2018 to 2021, Estonia, Latvia, and Poland were the top sources for Lithuania's imports of prepared or preserved beef and offal in volume terms. Estonia made up 54.2% of imports, Latvia 15.0%, and Poland 10.7%, together representing 79.9% of total imports.

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 prepared or preserved beef and offal in value terms declined for the second year in a row. In 2021, imports stood at 4 261 thousand US dollars, a notable decrease of 10.9% from the prior year. Over the 2018-2021 period, imports dropped by 12.9%, averaging an annual fall of 4.5%. The peak value was in 2019 at 4 904 thousand US dollars, which also recorded the largest increase of 0.2%.

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

In 2018-2021, Estonia, Latvia, and Poland were the key origins for Lithuania's imports of prepared or preserved beef and offal in value terms. Estonia accounted for 49.9%, Latvia for 10.9%, and Poland for 10.5%, jointly making up 71.2% of total import value.

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

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