Nitrites; Nitrates Price in Lithuania - 2023
Contents:
- Nitrites; Nitrates Price in Lithuania (CIF) - 2022
- Nitrites; Nitrates Price in Lithuania (FOB) - 2022
- Nitrites; Nitrates Imports in Lithuania
- Nitrites; Nitrates Exports in Lithuania
Nitrites; Nitrates Price in Lithuania (CIF) - 2022
In 2022, the average nitrites; nitrates import price amounted to $1,233 per ton, rising by 46% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Germany ($2,978 per ton), while the price for Norway ($799 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrites; Nitrates Price in Lithuania (FOB) - 2022
In 2022, the average nitrites; nitrates export price amounted to $886 per ton, increasing by 19% against the previous year. In general, the export price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 21% against the previous year. As a result, the export price reached the peak level of $1,239 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($2,083 per ton), while the average price for exports to Latvia ($498 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Nitrites; Nitrates Imports in Lithuania
In 2022, approx. 2.8K tons of nitrites; nitrateses were imported into Lithuania; increasing by 60% on 2021. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nitrites; nitrates imports surged to $3.5M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nitrites; Nitrates in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 144 | 329 | 401 | 1,102 | 97.1% |
| Belarus | 0.3 | N/A | N/A | 1,036 | 1411.5% |
| Jordan | N/A | 145 | 151 | 475 | 81.0% |
| Germany | 256 | 349 | 445 | 395 | 15.6% |
| Netherlands | 63.8 | 86.2 | 27.0 | 252 | 58.1% |
| Norway | N/A | N/A | 59.5 | 91.1 | 53.1% |
| Russia | 112 | 87.0 | 273 | 70.1 | -14.5% |
| Belgium | 407 | 0.8 | 20.1 | 18.7 | -64.2% |
| Israel | 121 | 58.6 | 102 | N/A | -8.2% |
| Others | 188 | 21.4 | 4.0 | 32.2 | -44.5% |
| Total | 1,293 | 1,077 | 1,482 | 3,472 | 39.0% |
Top Suppliers of Nitrites; Nitrates to Lithuania in 2022:
- Poland (1236.5 tons)
- Belarus (560.1 tons)
- Jordan (480.0 tons)
- Netherlands (168.6 tons)
- Germany (132.6 tons)
- Norway (114.0 tons)
- Russia (86.0 tons)
- Belgium (22.0 tons)
Nitrites; Nitrates Exports in Lithuania
In 2022, overseas shipments of nitrites; nitrateses were finally on the rise to reach 876 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a relatively flat trend pattern.
In value terms, nitrites; nitrates exports surged to $776K in 2022. Over the period under review, exports posted a measured expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nitrites; Nitrates in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 90.4 | 53.2 | 44.7 | 279 | 45.6% |
| Poland | 4.8 | 3.3 | 10.8 | 125 | 196.4% |
| Uzbekistan | 112 | 97.7 | 120 | 93.4 | -5.9% |
| Belarus | 90.3 | 46.9 | 31.7 | 80.8 | -3.6% |
| Ukraine | 3.6 | 26.0 | 44.6 | 71.6 | 170.9% |
| Kazakhstan | 319 | 164 | 79.6 | 55.0 | -44.3% |
| Latvia | 25.4 | 23.5 | 10.6 | 47.4 | 23.1% |
| Estonia | 70.3 | 26.7 | 20.8 | 20.3 | -33.9% |
| Others | 1.7 | 21.5 | 4.1 | 3.3 | 24.7% |
| Total | 717 | 463 | 367 | 776 | 2.7% |
Top Export Markets for Nitrites; Nitrates from Lithuania in 2022:
- Russia (338.7 tons)
- Ukraine (108.2 tons)
- Poland (96.2 tons)
- Latvia (95.0 tons)
- Uzbekistan (89.6 tons)
- Kazakhstan (84.0 tons)
- Belarus (38.8 tons)
- Estonia (21.1 tons)
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In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
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In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
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In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
1069
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1403
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
975
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
743
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
