Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Lithuania - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Lithuania (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Lithuania (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Lithuania
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Lithuania

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Lithuania (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,814 per ton in 2022, picking up by 48% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $4,526 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,663 per ton), while the price for Estonia ($2,451 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Lithuania (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,740 per ton, with an increase of 18% against the previous year. Overall, the export price, however, showed a slight curtailment. The pace of growth appeared the most rapid in 2017 an increase of 45%. Over the period under review, the average export prices attained the peak figure at $4,746 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($4,765 per ton), while the average price for exports to Estonia ($2,886 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 Uzbekistan (+53.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Lithuania

Imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses into Lithuania surged to 161 tons in 2022, growing by 51% on 2021 figures. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 87% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $616K in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.1N/A28.43781457.7%
Netherlands146128224135-2.6%
Germany0.70.61.778.4382.0%
EstoniaN/AN/AN/A6.60%
Latvia0.762.97.34.687.3%
Finland19.52.22.22.0-53.2%
China8.149.2N/AN/A507.4%
United KingdomN/A61.5N/AN/A0%
Others2.315.112.411.571.0%
Total17732027661651.5%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Lithuania in 2022:

  1. Belgium (94.9 tons)
  2. Netherlands (45.1 tons)
  3. Germany (13.8 tons)
  4. Estonia (2.7 tons)
  5. Latvia (1.8 tons)
  6. Finland (0.8 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Lithuania

Exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Lithuania dropped slightly to 41 tons in 2022, flattening at 2021. Over the period under review, total exports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. As a result, the exports attained the peak of 41 tons, leveling off in the following year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $152K in 2022. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 87%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia11.09.427.8100108.7%
Latvia3.89.322.414.556.3%
Belarus14.53.29.012.5-4.8%
Estonia48.230.846.29.8-41.2%
FinlandN/A5.519.38.826.5%
Ukraine14.111.66.02.8-41.7%
Others0.6N/A0.23.681.7%
Total92.169.913115218.2%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Lithuania in 2022:

  1. Russia (27.6 tons)
  2. Latvia (3.6 tons)
  3. Estonia (3.4 tons)
  4. Finland (2.7 tons)
  5. Belarus (2.6 tons)
  6. Ukraine (0.8 tons)

Source: IndexBox Market Intelligence Platform

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