Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Lithuania - 2023

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Lithuania (CIF) - 2022
  2. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Lithuania (FOB) - 2022
  3. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Lithuania
  4. Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Lithuania

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Lithuania (CIF) - 2022

The average import price for glycosides; rutoside (rutin) and its derivativeses stood at $80,027 per ton in 2022, jumping by 95% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($413,750 per ton), while the price for China ($74,339 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+97.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Lithuania (FOB) - 2022

The average export price for glycosides; rutoside (rutin) and its derivativeses stood at $130,211 per ton in 2022, increasing by 2.3% against the previous year. Overall, the export price enjoyed a significant increase. The growth pace was the most rapid in 2021 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Latvia ($236,000 per ton), while the average price for exports to Russia ($127,914 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 Belarus (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Lithuania

In 2022, approx. 1.4 tons of glycosides; rutoside (rutin) and its derivativeses were imported into Lithuania; reducing by -37.5% compared with 2021 figures. In general, imports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 143%.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses surged to $108K in 2022. Over the period under review, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 139% against the previous year.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A50.757.313.0%
China22.327.637.533.814.9%
Spain7.89.1N/A12.115.8%
FranceN/A0.1N/A3.1456.8%
Germany1280.10.41.7-76.3%
Czech Republic61.6N/AN/AN/A0%
Others0.60.2N/A0.2-30.7%
Total22037.188.6108-21.1%

Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Lithuania in 2022:

  1. Italy (710.0 kg)
  2. China (454.0 kg)
  3. Spain (150.0 kg)
  4. France (30.0 kg)
  5. Germany (4.0 kg)

Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Lithuania

In 2022, approx. 456 kg of glycosides; rutoside (rutin) and its derivativeses were exported from Lithuania; with a decrease of -58.4% on the previous year's figure. Overall, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 5.3%.

In value terms, exports of glycosides; rutoside (rutin) and its derivativeses plummeted to $59K in 2022. In general, exports showed a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 35% against the previous year.

Export of Glycosides; Rutoside (Rutin) and Its Derivatives in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia61.625.913956.3-3.0%
Belarus12877.6N/A1.9-75.4%
OthersN/AN/AN/A1.20%
Total18910413959.4-32.0%

Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from Lithuania in 2022:

  1. Russia (440.0 kg)
  2. Belarus (11.0 kg)

Source: IndexBox Market Intelligence Platform

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