Price for Dyes; Pigments and Preparations Based Thereon in Lithuania - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Lithuania (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Lithuania (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Lithuania
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 1,507 | 2,107 | 2,410 | 2,181 | 13.1% |
Netherlands | 749 | 774 | 1,055 | 1,537 | 27.1% |
France | 261 | 595 | 640 | 1,500 | 79.1% |
Sweden | 988 | 732 | 488 | 1,429 | 13.1% |
Latvia | 467 | 1,139 | 1,191 | 1,170 | 35.8% |
Estonia | 578 | 662 | 672 | 937 | 17.5% |
Poland | 335 | 366 | 793 | 814 | 34.4% |
Romania | N/A | N/A | 66.7 | 288 | 331.8% |
India | 504 | 301 | 550 | 191 | -27.6% |
Bulgaria | 291 | 309 | 80.3 | 96.6 | -30.8% |
Others | 2,054 | 2,050 | 2,033 | 2,396 | 5.3% |
Total | 7,735 | 9,036 | 9,980 | 12,541 | 17.5% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Lithuania in 2022:
- Greece (477.8 tons)
- Poland (353.6 tons)
- Estonia (242.0 tons)
- France (211.6 tons)
- Sweden (187.3 tons)
- Netherlands (161.2 tons)
- Latvia (145.0 tons)
- Romania (111.8 tons)
- India (33.6 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 2,016 | 2,162 | 2,559 | 3,799 | 23.5% |
Kazakhstan | 343 | 356 | 362 | 1,579 | 66.4% |
Estonia | 979 | 1,114 | 1,289 | 1,177 | 6.3% |
Latvia | 752 | 835 | 1,083 | 972 | 8.9% |
Poland | 1.0 | 4.3 | 5.0 | 651 | 766.7% |
Belarus | 270 | 230 | 349 | 403 | 14.3% |
Finland | 108 | 80.0 | 125 | 204 | 23.6% |
Sweden | 146 | 371 | 276 | 73.2 | -20.6% |
Others | 166 | 194 | 292 | 569 | 50.8% |
Total | 4,783 | 5,347 | 6,341 | 9,428 | 25.4% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Lithuania in 2022:
- Russia (507.1 tons)
- Estonia (318.1 tons)
- Kazakhstan (214.2 tons)
- Latvia (187.2 tons)
- Finland (72.3 tons)
- Poland (31.8 tons)
- Belarus (30.8 tons)
- Sweden (30.8 tons)
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