Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Lithuania - 2024

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Lithuania (CIF) - 2022
2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Lithuania (FOB) - 2022
3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Lithuania
4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Lithuania

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Lithuania (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of iron or steel stood at $50 per unit in 2022, increasing by 3.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2016 an increase of 30% against the previous year. The import price peaked at $54 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($90 per unit), while the price for Norway ($6.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Lithuania (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $66 per unit in 2022, growing by 19% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($189 per unit), while the average price for exports to Nigeria ($6.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Lithuania

In 2022, purchases abroad of containers for compressed or liquefied gas, of iron or steel decreased by -15.4% to 108K units, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 7.4%. As a result, imports attained the peak of 147K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel contracted to $5.4M in 2022. In general, imports recorded a noticeable reduction. The growth pace was the most rapid in 2020 when imports increased by 26% against the previous year. As a result, imports reached the peak of $7.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Lithuania in 2022:

1. Czech Republic (38.0K units)
2. Poland (20.4K units)
3. Turkey (15.5K units)
4. Belarus (5.8K units)
5. Germany (4.7K units)
6. Latvia (4.5K units)
7. Italy (3.7K units)
8. Bulgaria (3.6K units)
9. Norway (3.4K units)
10. China (3.0K units)
11. Luxembourg (2.1K units)
12. Austria (0.2K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Lithuania

In 2022, overseas shipments of containers for compressed or liquefied gas, of iron or steel decreased by -34.1% to 23K units, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 157% against the previous year. As a result, the exports reached the peak of 89K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel reduced remarkably to $1.5M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 152%. As a result, the exports reached the peak of $3.7M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Lithuania in 2022:

1. Russia (5.7K units)
2. Latvia (4.7K units)
3. Nigeria (4.3K units)
4. Ukraine (1.7K units)
5. Estonia (1.7K units)
6. Belarus (1.3K units)
7. Kazakhstan (1.0K units)

Source: IndexBox Market Intelligence Platform