Price for Dyes; Pigments and Preparations Based Thereon in Lithuania - 2023

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Lithuania (CIF) - 2022
  2. Price for Dyes; Pigments and Preparations Based Thereon in Lithuania (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Lithuania
  4. Exports of Dyes; Pigments and Preparations Based Thereon in Lithuania

Price for Dyes; Pigments and Preparations Based Thereon in Lithuania (CIF) - 2022

In 2022, the average import price for dyes; pigments and preparations based therea amounted to $5,888 per ton, surging by 5.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 11% against the previous year. As a result, import price attained the peak level of $5,992 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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 Germany ($13,588 per ton), while the price for Poland ($2,304 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Pigments and Preparations Based Thereon in Lithuania (FOB) - 2022

In 2022, the average export price for dyes; pigments and preparations based therea amounted to $6,454 per ton, approximately mirroring the previous year. Overall, the export price saw a pronounced downturn. The growth pace was the most rapid in 2013 when the average export price increased by 21%. As a result, the export price attained the peak level of $10,173 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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 Poland ($20,457 per ton), while the average price for exports to Sweden ($2,381 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 (+2.7%), while the prices for the other major destinations experienced a decline.

Imports of Dyes; Pigments and Preparations Based Thereon in Lithuania

In 2022, approx. 2.1K tons of dyes; pigments and preparations based therea were imported into Lithuania; growing by 19% on 2021 figures. The total import volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of dyes; pigments and preparations based therea skyrocketed to $13M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +62.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Dyes; Pigments and Preparations Based Thereon in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece1,5072,1072,4102,18113.1%
Netherlands7497741,0551,53727.1%
France2615956401,50079.1%
Sweden9887324881,42913.1%
Latvia4671,1391,1911,17035.8%
Estonia57866267293717.5%
Poland33536679381434.4%
RomaniaN/AN/A66.7288331.8%
India504301550191-27.6%
Bulgaria29130980.396.6-30.8%
Others2,0542,0502,0332,3965.3%
Total7,7359,0369,98012,54117.5%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Lithuania in 2022:

  1. Greece (477.8 tons)
  2. Poland (353.6 tons)
  3. Estonia (242.0 tons)
  4. France (211.6 tons)
  5. Sweden (187.3 tons)
  6. Netherlands (161.2 tons)
  7. Latvia (145.0 tons)
  8. Romania (111.8 tons)
  9. India (33.6 tons)
  10. Bulgaria (22.0 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Lithuania

For the fourth year in a row, Lithuania recorded growth in overseas shipments of dyes; pigments and preparations based therea, which increased by 49% to 1.5K tons in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of dyes; pigments and preparations based therea surged to $9.4M in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Dyes; Pigments and Preparations Based Thereon in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2,0162,1622,5593,79923.5%
Kazakhstan3433563621,57966.4%
Estonia9791,1141,2891,1776.3%
Latvia7528351,0839728.9%
Poland1.04.35.0651766.7%
Belarus27023034940314.3%
Finland10880.012520423.6%
Sweden14637127673.2-20.6%
Others16619429256950.8%
Total4,7835,3476,3419,42825.4%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Lithuania in 2022:

  1. Russia (507.1 tons)
  2. Estonia (318.1 tons)
  3. Kazakhstan (214.2 tons)
  4. Latvia (187.2 tons)
  5. Finland (72.3 tons)
  6. Poland (31.8 tons)
  7. Belarus (30.8 tons)
  8. Sweden (30.8 tons)

Source: IndexBox Market Intelligence Platform

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