Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Lithuania - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Lithuania (FOB) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Lithuania (CIF) - 2022
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Lithuania
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Lithuania
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Lithuania (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $22,714 per ton in 2022, shrinking by -37.3% against the previous year. Overall, the export price, however, saw a significant expansion. The growth pace was the most rapid in 2021 when the average export price increased by 34%. As a result, the export price reached the peak level of $36,200 per ton, and then fell significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2017 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +86.7% per year.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Lithuania (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $13,778 per ton, growing by 51% against the previous year. In general, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($12,000 per ton), while the price for Belgium amounted to $9,625 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.4%).
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Lithuania
For the third year in a row, Lithuania recorded growth in shipments abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates, which increased by 40% to 7 kg in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 400% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates declined to $159 in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 570% against the previous year. As a result, the exports attained the peak of $181, and then contracted in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Lithuania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | 27.0 | 181 | 159 | 142.7% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 27.0 | 181 | 159 | 142.7% | |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Lithuania in 2022:
- Netherlands (7.0 kg)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Lithuania
In 2022, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates into Lithuania dropped to 9 kg, with a decrease of -10% on the year before. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 67%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates soared to $124 in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 with an increase of 90%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Lithuania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 35.0 | 48.0 | 91.0 | 77.0 | 30.1% |
| Germany | 43.0 | N/A | N/A | 12.0 | -34.7% |
| Others | N/A | N/A | N/A | 35.0 | 0% |
| Total | 78.0 | 48.0 | 91.0 | 124 | 16.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Lithuania in 2022:
- Belgium (8.0 kg)
- Germany (1.0 kg)
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