Alloy Steel Powders Price in Lithuania - 2023

Contents:

  1. Alloy Steel Powders Price in Lithuania (FOB) - 2022
  2. Alloy Steel Powders Price in Lithuania (CIF) - 2022
  3. Alloy Steel Powders Exports in Lithuania
  4. Alloy Steel Powders Imports in Lithuania

Alloy Steel Powders Price in Lithuania (FOB) - 2022

The average alloy steel powders export price stood at $80,785 per ton in 2022, with an increase of 73% against the previous year. Overall, the export price showed significant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 260%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($80,786 per ton), while the average price for exports to Belarus totaled $80,773 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+41.9%).

Alloy Steel Powders Price in Lithuania (CIF) - 2022

In 2022, the average alloy steel powders import price amounted to $27,301 per ton, growing by 663% against the previous year. Over the period under review, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 2,153% against the previous year. As a result, import price attained the peak level of $39,432 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 Russia ($47,821 per ton), while the price for the UK totaled $13,782 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Alloy Steel Powders Exports in Lithuania

For the third year in a row, Lithuania recorded decline in shipments abroad of alloy steel powderses, which decreased by -43.4% to 744 kg in 2022. Overall, exports faced a sharp descent. The smallest decline of -39.4% was in 2020.

In value terms, alloy steel powders exports dropped to $60K in 2022. In general, exports saw a precipitous slump.

Export of Alloy Steel Powders in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia12781.561.456.5-23.7%
BelarusN/A2.5N/A3.620.0%
OthersN/AN/AN/AN/A0%
Total12784.061.460.1-22.1%

Top Export Markets for Alloy Steel Powders from Lithuania in 2022:

  1. Russia (700.0 kg)
  2. Belarus (44.0 kg)

Alloy Steel Powders Imports in Lithuania

After three years of growth, purchases abroad of alloy steel powderses decreased by -98.6% to 282 kg in 2022. Overall, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 95% against the previous year. As a result, imports attained the peak of 20 tons, and then dropped notably in the following year.

In value terms, alloy steel powders imports declined dramatically to $7.7K in 2022. In general, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 26%.

Import of Alloy Steel Powders in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia38.233.148.35.4-47.9%
United Kingdom1.3N/A1.82.320.9%
ItalyN/AN/A2.2N/A0%
Ukraine6.622.018.0N/A65.1%
Others0.13.30.6N/A144.9%
Total46.358.471.07.7-45.0%

Top Suppliers of Alloy Steel Powders to Lithuania in 2022:

  1. United Kingdom (170.0 kg)
  2. Russia (112.0 kg)

Source: IndexBox Market Intelligence Platform

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