Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Lithuania - 2023

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Lithuania (CIF) - 2022
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Lithuania (FOB) - 2022
3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Lithuania
4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Lithuania

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Lithuania (CIF) - 2022

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $20,591 per ton in 2022, surging by 12% against the previous year. Over the period under review, the import price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the maximum at $50,453 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($60,708 per ton), while the price for Spain ($13,748 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+45.7%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Lithuania (FOB) - 2022

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $23,375 per ton in 2022, growing by 21% against the previous year. In general, the export price, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs at $66,150 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($25,049 per ton), while the average price for exports to Russia ($13,733 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 Switzerland (-1.7%), while the prices for the other major destinations experienced a decline.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Lithuania

In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol imported into Lithuania rose notably to 53 tons, growing by 10% compared with 2021. Overall, imports, however, recorded a noticeable descent.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol soared to $1.1M in 2022. Over the period under review, imports, however, continue to indicate a perceptible slump.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Lithuania in 2022:

1. Germany (41.1 tons)
2. Netherlands (9.4 tons)
3. Poland (1.2 tons)
4. Spain (1.1 tons)
5. Italy (0.1 tons)
6. India (0.1 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Lithuania

In 2022, after three years of growth, there was significant decline in overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol, when their volume decreased by -17.1% to 13 tons. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 137%.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $312K in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.4% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 73%. As a result, the exports attained the peak of $361K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Lithuania in 2022:

1. South Africa (9.0 tons)
2. Bulgaria (2.8 tons)
3. Russia (1.1 tons)
4. Belarus (0.3 tons)

Source: IndexBox Market Intelligence Platform