Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Lithuania - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Lithuania (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Lithuania (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Lithuania
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Lithuania
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Lithuania (CIF) - 2022
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $93,052 per ton in 2022, with an increase of 143% against the previous year. Overall, the import price recorded a temperate increase. The pace of growth was the most pronounced in 2020 an increase of 300%. Over the period under review, average import prices hit record highs at $408,087 per ton in 2015; however, from 2016 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 South Korea ($750,921 per ton), while the price for the UK ($34,916 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+173.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Lithuania (FOB) - 2022
The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $95,876 per ton in 2022, picking up by 48% against the previous year. In general, the export price posted strong growth. The growth pace was the most rapid in 2016 an increase of 56% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($261,497 per ton), while the average price for exports to the United States ($31,032 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 Estonia (+41.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Lithuania
In 2022, approx. 492 kg of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses were imported into Lithuania; which is down by -46.6% on the previous year. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 337% against the previous year. As a result, imports reached the peak of 922 kg, and then fell significantly in the following year.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $46K in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.6 | 3.2 | 18.0 | 18.3 | 125.3% |
| South Korea | 2.2 | N/A | N/A | 14.2 | 86.2% |
| Spain | 2.6 | N/A | 0.8 | 4.5 | 20.1% |
| China | 2.2 | N/A | N/A | 3.9 | 21.0% |
| United Kingdom | 0.5 | N/A | N/A | 0.4 | -7.2% |
| United States | 2.9 | N/A | 5.5 | N/A | 37.7% |
| Others | 4.4 | 18.2 | 11.0 | 4.5 | 0.8% |
| Total | 16.3 | 21.4 | 35.3 | 45.8 | 41.1% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Lithuania in 2022:
- Netherlands (344.0 kg)
- China (76.0 kg)
- Spain (29.0 kg)
- South Korea (19.0 kg)
- United Kingdom (12.0 kg)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Lithuania
Exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses from Lithuania soared to 122 kg in 2022, with an increase of 33% against the year before. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 964% against the previous year. As a result, the exports reached the peak of 415 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses soared to $12K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 888%. As a result, the exports reached the peak of $17K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | N/A | 0.4 | N/A | 7.7 | 338.7% |
| Belarus | 0.8 | 14.4 | 0.1 | 1.9 | 33.4% |
| Estonia | 0.1 | N/A | N/A | 1.4 | 141.0% |
| Japan | N/A | N/A | N/A | 0.4 | 0% |
| Russia | 0.6 | 2.5 | 5.9 | 0.2 | -30.7% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 1.8 | 17.3 | 5.9 | 11.6 | 86.1% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Lithuania in 2022:
- Belarus (56.0 kg)
- Estonia (30.0 kg)
- Uzbekistan (30.0 kg)
- United States (2.0 kg)
- Japan (2.0 kg)
- Russia (1.0 kg)
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