Price for Ammonia; Anhydrous or in Aqueous Solution in Lithuania - 2023

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Lithuania (CIF) - 2023
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Lithuania (FOB) - 2023
  3. Imports of Ammonia; Anhydrous or in Aqueous Solution in Lithuania
  4. Exports of Ammonia; Anhydrous or in Aqueous Solution in Lithuania

Price for Ammonia; Anhydrous or in Aqueous Solution in Lithuania (CIF) - 2023

In September 2023, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $351 per ton, with an increase of 16% against the previous month. In general, the import price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 263% month-to-month. As a result, import price attained the peak level of $2,945 per ton. From April 2023 to September 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($354 per ton), while the price for Poland totaled $182 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Russia (-10.3%), while the prices for the other major suppliers experienced a decline.

Price for Ammonia; Anhydrous or in Aqueous Solution in Lithuania (FOB) - 2023

The average export price for ammonia; anhydrous or in aqueous solutia stood at $425 per ton in September 2023, rising by 8.1% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 58% month-to-month. As a result, the export price attained the peak level of $517 per ton. From April 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($578 per ton), while the average price for exports to Poland ($241 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-5.4%), while the prices for the other major destinations experienced a decline.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Lithuania

Imports of ammonia; anhydrous or in aqueous solutia into Lithuania surged to 186K tons in 2022, rising by 27% compared with the year before. In general, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of ammonia; anhydrous or in aqueous solutia skyrocketed to $85M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Ammonia; Anhydrous or in Aqueous Solution in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia38.226.763.883.229.6%
BelarusN/A2.6N/AN/A0%
Others0.10.10.11.4141.0%
Total38.329.463.984.630.2%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Lithuania in 2022:

  1. Russia (184.3K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Lithuania

For the fourth consecutive year, Lithuania recorded growth in overseas shipments of ammonia; anhydrous or in aqueous solutia, which increased by 103% to 15K tons in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of ammonia; anhydrous or in aqueous solutia soared to $3.2M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ammonia; Anhydrous or in Aqueous Solution in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A3515242,050141.7%
Estonia33931030860821.5%
Latvia16091.926751647.7%
Others28.039.541.810.8-27.2%
Total5267921,1413,18682.3%

Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Lithuania in 2022:

  1. Poland (10.0K tons)
  2. Estonia (2.9K tons)
  3. Latvia (2.0K tons)

Source: IndexBox Market Intelligence Platform

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