Price for Polyphenols; Resorcinol and Its Salts in Lithuania - 2023
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Lithuania (FOB) - 2022
- Price for Polyphenols; Resorcinol and Its Salts in Lithuania (CIF) - 2022
- Exports of Polyphenols; Resorcinol and Its Salts in Lithuania
- Imports of Polyphenols; Resorcinol and Its Salts in Lithuania
Price for Polyphenols; Resorcinol and Its Salts in Lithuania (FOB) - 2022
The average export price for polyphenols; resorcinol and its saltses stood at $41,756 per ton in 2022, increasing by 230% against the previous year. Over the period under review, the export price, however, showed a deep setback. The export price peaked at $84,239 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +26.9% per year.
Price for Polyphenols; Resorcinol and Its Salts in Lithuania (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $8,612 per ton in 2022, shrinking by -13.8% against the previous year. Overall, the import price faced a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of 59%. As a result, import price attained the peak level of $100,439 per ton. From 2014 to 2022, the average 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 the UK ($43,000 per ton), while the price for Germany ($8,609 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Polyphenols; Resorcinol and Its Salts in Lithuania
After three years of growth, overseas shipments of polyphenols; resorcinol and its saltses decreased by -90.5% to 12 tons in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 111,913% against the previous year.
In value terms, polyphenols; resorcinol and its salts exports reduced notably to $491K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 37,159%.
| Export of Polyphenols; Resorcinol and Its Salts in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 490 | 0% |
| Belarus | N/A | 1,122 | 1,552 | N/A | 38.3% |
| Others | 3.0 | 1.3 | 9.0 | 1.2 | -26.3% |
| Total | 3.0 | 1,124 | 1,561 | 491 | 447.0% |
Top Export Markets for Polyphenols; Resorcinol and Its Salts from Lithuania in 2022:
- Russia (11.8 tons)
Imports of Polyphenols; Resorcinol and Its Salts in Lithuania
After three years of growth, overseas purchases of polyphenols; resorcinol and its saltses decreased by -85.3% to 23 tons in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 88,268%.
In value terms, polyphenols; resorcinol and its salts imports dropped notably to $195K in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 62,106%.
| Import of Polyphenols; Resorcinol and Its Salts in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 1,081 | 1,523 | 194 | 764.8% |
| Poland | N/A | N/A | 9.5 | N/A | 0% |
| Belgium | 0.9 | 0.4 | 0.6 | N/A | -18.4% |
| Others | 0.5 | 0.5 | 1.1 | 0.1 | -41.5% |
| Total | 1.7 | 1,082 | 1,534 | 195 | 385.9% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Lithuania in 2022:
- Belgium (undefined tons)
- Poland (undefined tons)
- Germany (22.6 tons)
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