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Lithuania - Plastic Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Reservoir Price in Lithuania - 2023
Contents:
- Plastic Reservoir Price in Lithuania (CIF) - 2022
- Plastic Reservoir Price in Lithuania (FOB) - 2023
- Plastic Reservoir Imports in Lithuania
- Plastic Reservoir Exports in Lithuania
Plastic Reservoir Price in Lithuania (CIF) - 2022
In 2022, the average plastic reservoir import price amounted to $3,166 per ton, growing by 25% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained 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 Belgium ($16,155 per ton), while the price for the Netherlands ($1,007 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Reservoir Price in Lithuania (FOB) - 2023
In September 2023, the average plastic reservoir export price amounted to $4,274 per ton, rising by 9.8% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 26% month-to-month. The export price peaked at $5,318 per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the UK ($10,613 per ton), while the average price for exports to Poland ($1,476 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Reservoir Imports in Lithuania
In 2022, overseas purchases of plastic reservoirs, tanks and vats decreased by -6.2% to 1.8K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a noticeable decline. The growth pace was the most rapid in 2020 when imports increased by 38%. As a result, imports reached the peak of 2.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, plastic reservoir imports soared to $5.9M in 2022. The total import value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. As a result, imports attained the peak of $6.2M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Plastic Reservoir in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 956 | 1,427 | 1,026 | 1,905 | 25.8% |
Germany | 671 | 911 | 1,092 | 1,272 | 23.8% |
Finland | 1,336 | 658 | 813 | 757 | -17.3% |
Belgium | 127 | 1,016 | 817 | 534 | 61.4% |
Latvia | 204 | 373 | 129 | 321 | 16.3% |
Estonia | 254 | 115 | 248 | 177 | -11.3% |
Slovakia | 57.9 | 41.9 | 46.7 | 150 | 37.3% |
Netherlands | 284 | 1,097 | 162 | 2.4 | -79.6% |
Others | 463 | 592 | 655 | 739 | 16.9% |
Total | 4,352 | 6,231 | 4,988 | 5,856 | 10.4% |
Top Suppliers of Plastic Reservoir to Lithuania in 2022:
- Poland (607.6 tons)
- Germany (565.9 tons)
- Finland (338.8 tons)
- Latvia (82.4 tons)
- Estonia (57.4 tons)
- Slovakia (37.2 tons)
- Belgium (33.0 tons)
- Netherlands (2.4 tons)
Plastic Reservoir Exports in Lithuania
In 2022, overseas shipments of plastic reservoirs, tanks and vats decreased by -9.6% to 871 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 27%. As a result, the exports reached the peak of 964 tons, and then fell in the following year.
In value terms, plastic reservoir exports dropped to $2.7M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. As a result, the exports attained the peak of $2.9M, and then dropped in the following year.
Export of Plastic Reservoir in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 263 | 286 | 1,046 | 614 | 32.7% |
Germany | 0.3 | 1.8 | 191 | 326 | 928.1% |
Kazakhstan | 21.6 | 166 | 1.7 | 312 | 143.5% |
Latvia | 396 | 422 | 363 | 274 | -11.6% |
Poland | 352 | 399 | 419 | 259 | -9.7% |
Estonia | 153 | 136 | 169 | 184 | 6.3% |
Bulgaria | 24.6 | 20.7 | 48.9 | 113 | 66.2% |
Finland | 47.7 | 35.9 | 86.8 | 62.6 | 9.5% |
Belarus | 164 | 58.9 | 200 | 59.4 | -28.7% |
Others | 336 | 195 | 393 | 507 | 14.7% |
Total | 1,758 | 1,720 | 2,919 | 2,710 | 15.5% |
Top Export Markets for Plastic Reservoir from Lithuania in 2022:
- Poland (167.2 tons)
- Norway (136.1 tons)
- Latvia (129.8 tons)
- Estonia (103.9 tons)
- Kazakhstan (77.6 tons)
- Bulgaria (75.7 tons)
- Germany (47.3 tons)
- Finland (42.1 tons)
- Belarus (20.0 tons)
This report provides an in-depth analysis of the plastic reservoir market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22231300 - Plastic reservoirs, tanks, vats, intermediate bulk and similar containers, of a capacity > .300 litres
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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