Price for Fertilizers; Mineral or Chemical, Nitrogenous in Lithuania - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Lithuania (FOB) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Lithuania (CIF) - 2022
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Lithuania
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Lithuania
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Lithuania (FOB) - 2022
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $294 per ton in 2022, with an increase of 12% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 51%. The export price peaked at $316 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($771 per ton), while the average price for exports to Belgium ($143 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 the United States (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Lithuania (CIF) - 2022
The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $458 per ton in 2022, rising by 40% against the previous year. In general, the import price enjoyed a measured expansion. The growth pace was the most rapid in 2021 when the average import price increased by 85% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Uzbekistan ($729 per ton), while the price for the Netherlands ($195 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Lithuania
In 2022, the amount of fertilizers; mineral or chemical, nitrogenoi exported from Lithuania surged to 3.1M tons, rising by 29% against the year before. The total export volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous exports surged to $918M in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 70%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 62.9 | 55.7 | 80.6 | 108 | 19.7% |
| United Kingdom | 63.0 | 41.7 | 76.4 | 108 | 19.7% |
| Latvia | 23.6 | 17.9 | 47.5 | 91.5 | 57.1% |
| Sweden | 21.6 | 20.1 | 37.5 | 84.3 | 57.4% |
| France | 86.8 | 85.1 | 97.5 | 75.9 | -4.4% |
| Belgium | 43.2 | 33.9 | 71.3 | 66.8 | 15.6% |
| Germany | 51.4 | 39.8 | 44.8 | 65.5 | 8.4% |
| Estonia | 8.7 | 6.1 | 12.0 | 33.0 | 56.0% |
| Denmark | 10.0 | 10.4 | 13.1 | 17.6 | 20.7% |
| Czech Republic | 15.7 | 13.8 | 10.8 | 15.1 | -1.3% |
| Uruguay | N/A | N/A | 6.7 | 14.4 | 114.9% |
| Ukraine | 42.5 | 12.1 | 33.3 | 10.6 | -37.1% |
| Australia | 7.1 | 13.1 | 14.3 | 7.2 | 0.5% |
| Others | 50.2 | 25.7 | 90.8 | 222 | 64.1% |
| Total | 487 | 376 | 636 | 918 | 23.5% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Lithuania in 2022:
- Latvia (556.3K tons)
- Belgium (465.5K tons)
- Poland (372.9K tons)
- United Kingdom (341.2K tons)
- France (258.1K tons)
- Germany (240.2K tons)
- Sweden (206.1K tons)
- Estonia (121.4K tons)
- Denmark (55.6K tons)
- Uruguay (51.4K tons)
- Czech Republic (41.9K tons)
- Australia (27.7K tons)
- Ukraine (13.7K tons)
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Lithuania
Fertilizers; mineral or chemical, nitrogenous imports into Lithuania skyrocketed to 1.2M tons in 2022, picking up by 134% against 2021 figures. Overall, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous imports soared to $537M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 93.6 | 0% |
| Russia | 51.1 | 28.7 | 67.7 | 84.2 | 18.1% |
| Poland | 9.7 | 12.2 | 13.5 | 54.9 | 78.2% |
| Uzbekistan | N/A | N/A | 2.2 | 40.8 | 1754.5% |
| Trinidad and Tobago | N/A | N/A | N/A | 34.0 | 0% |
| Latvia | 11.2 | 12.8 | 15.4 | 29.6 | 38.3% |
| China | 8.9 | 8.7 | N/A | 23.6 | 38.4% |
| Finland | 4.3 | 5.7 | 4.4 | 21.3 | 70.5% |
| Austria | 0.7 | 2.4 | 0.4 | 19.5 | 203.1% |
| Belgium | 4.1 | 2.8 | 4.2 | 19.3 | 67.6% |
| Netherlands | 9.8 | 11.5 | 8.2 | 18.3 | 23.1% |
| Belarus | 15.5 | 19.8 | 17.0 | 12.2 | -7.7% |
| Georgia | 12.7 | 5.3 | 2.5 | N/A | -55.6% |
| Others | 5.9 | 20.5 | 28.6 | 85.3 | 143.6% |
| Total | 134 | 130 | 164 | 537 | 58.8% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Lithuania in 2022:
- Poland (159.6K tons)
- United States (139.5K tons)
- Russia (133.2K tons)
- Latvia (108.2K tons)
- Netherlands (93.7K tons)
- Austria (86.2K tons)
- Finland (80.6K tons)
- Belgium (78.0K tons)
- Uzbekistan (56.0K tons)
- China (53.5K tons)
- Trinidad and Tobago (53.2K tons)
- Belarus (27.9K tons)
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