Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Lithuania - 2023

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Lithuania (FOB) - 2022
2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Lithuania (CIF) - 2022
3. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Lithuania
4. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Lithuania

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Lithuania (FOB) - 2022

In 2022, the average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $2,893 per ton, growing by 12% against the previous year. In general, the export price saw buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 62%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($9,886 per ton), while the average price for exports to Latvia ($1,840 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 Russia (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Lithuania (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $1,907 per ton in 2022, which is down by -52.7% against the previous year. Overall, the import price showed a mild contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 209%. As a result, import price attained the peak level of $4,033 per ton, and then fell rapidly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($1,380 per ton), while the price for Spain ($1,057 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (-0.2%), while the prices for the other major suppliers experienced a decline.

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Lithuania

In 2022, overseas shipments of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by -12.1% to 17 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 185%. As a result, the exports reached the peak of 19 tons, and then shrank in the following year.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses contracted slightly to $49K in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 363%. As a result, the exports reached the peak of $50K, and then declined modestly in the following year.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Lithuania in 2022:

1. Kazakhstan (6.7 tons)
2. Finland (5.4 tons)
3. Estonia (3.6 tons)
4. Latvia (1.0 tons)
5. Georgia (0.3 tons)

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Lithuania

After three years of growth, purchases abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by -11.9% to 17 tons in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of 19 tons, and then reduced in the following year.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses fell dramatically to $32K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 326% against the previous year. As a result, imports attained the peak of $77K, and then reduced sharply in the following year.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Lithuania in 2022:

1. Poland (9.3 tons)
2. Estonia (7.2 tons)

Source: IndexBox Market Intelligence Platform