Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Lithuania - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Lithuania (FOB) - 2022
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Lithuania (CIF) - 2022
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Lithuania
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Lithuania
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Lithuania (FOB) - 2022
The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $40,232 per ton in 2022, picking up by 508% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. The growth pace was the most rapid in 2016 an increase of 1,181%. The export price peaked in 2022 and is likely to continue growth in the near future.
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 ($69,143 per ton), while the average price for exports to Russia ($5,697 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 the United States (+79.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Lithuania (CIF) - 2022
The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $20,653 per ton in 2022, which is down by -46.8% against the previous year. Over the period under review, the import price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 588%. The import price peaked at $38,825 per ton in 2021, and then dropped rapidly in the following year.
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 Poland ($61,538 per ton), while the price for the United States ($10,576 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Lithuania
In 2022, shipments abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -93% to 271 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 159% against the previous year.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol declined dramatically to $11K in 2022. Over the period under review, exports, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 80%. As a result, the exports reached the peak of $25K, and then reduced sharply in the following year.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | N/A | N/A | N/A | 9.2 | 0% |
| Russia | 8.7 | 14.1 | 23.7 | 0.7 | -56.8% |
| Moldova | N/A | N/A | N/A | 0.5 | 0% |
| Others | 0.5 | N/A | 1.7 | 0.5 | 0.0% |
| Total | 9.2 | 14.1 | 25.5 | 10.9 | 5.8% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Lithuania in 2022:
- Belarus (133.0 kg)
- Russia (119.0 kg)
- Moldova (18.0 kg)
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Lithuania
In 2022, imports of alcohols; aromatic and derivatives, other than benzyl alcohol into Lithuania shrank dramatically to 239 kg, waning by -73.5% compared with the previous year's figure. In general, imports, however, posted a mild expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 299% against the previous year. As a result, imports attained the peak of 901 kg, and then shrank significantly in the following year.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol declined dramatically to $4.9K in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 396% against the previous year. As a result, imports reached the peak of $35K, and then declined markedly in the following year.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 1.7 | 0.1 | 1.7 | 0.0% |
| Germany | 4.9 | 4.0 | 0.8 | 1.0 | -41.1% |
| Poland | N/A | 0.5 | 0.4 | 0.8 | 26.5% |
| Spain | N/A | 0.3 | 6.6 | 0.8 | 63.3% |
| Belgium | 0.1 | N/A | 0.9 | 0.5 | 71.0% |
| China | N/A | N/A | 23.1 | N/A | 0% |
| India | N/A | 0.6 | 1.9 | N/A | 216.7% |
| Israel | N/A | N/A | 1.1 | N/A | 0% |
| Others | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Total | 5.1 | 7.1 | 35.0 | 4.9 | -1.3% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Lithuania in 2022:
- United States (165.0 kg)
- Spain (24.0 kg)
- Germany (23.0 kg)
- Poland (13.0 kg)
- Belgium (11.0 kg)
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