Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Lithuania - 2023

Contents:

  1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Lithuania (CIF) - 2023
  2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Lithuania (FOB) - 2022
  3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Lithuania
  4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Lithuania

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Lithuania (CIF) - 2023

The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $3,178 per ton in November 2023, with a decrease of -17.5% against the previous month. In general, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in April 2023 an increase of 926% m-o-m. As a result, import price reached the peak level of $24,151 per ton. From May 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($6,223 per ton), while the price for China ($2,632 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Lithuania (FOB) - 2022

The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $5,922 per ton in 2022, picking up by 7.1% against the previous year. Overall, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 120%. Over the period under review, the average export prices attained the peak figure at $24,508 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($7,883 per ton), while the average price for exports to Estonia ($5,192 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 Poland (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Lithuania

In 2022, purchases abroad of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses was finally on the rise to reach 807 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses soared to $3.4M in 2022. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5178981,0672,04510.5%
Poland63.87.4100543104.2%
Czech Republic4805537665021.5%
Others11710442630737.9%
Total2,1781,5612,3583,39816.0%

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Lithuania in 2022:

  1. China (577.0 tons)
  2. Poland (112.2 tons)
  3. Czech Republic (109.5 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Lithuania

In 2022, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses from Lithuania soared to 111 tons, with an increase of 32% compared with the year before. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 135%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $655K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 214% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia75.144.923030960.2%
Latvia58.160.822424661.8%
Poland13.436.22.088.587.6%
Others20.75.56.812.3-15.9%
Total16714846465557.7%

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Lithuania in 2022:

  1. Estonia (59.4 tons)
  2. Latvia (38.8 tons)
  3. Poland (11.2 tons)

Source: IndexBox Market Intelligence Platform

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