Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Lithuania - 2023

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Lithuania (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Lithuania (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Lithuania
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Lithuania

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Lithuania (CIF) - 2022

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,355 per ton in 2022, increasing by 52% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 81%. The import price peaked at $2,065 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,326 per ton), while the price for Latvia ($1,058 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+32.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Lithuania (FOB) - 2022

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $3,625 per ton in 2022, jumping by 50% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for granules and powders, of pig iron, spiegeleisen, iron or steels increased by +109.4% against 2020 indices. The growth pace was the most rapid in 2014 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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 Belarus ($9,804 per ton), while the average price for exports to Estonia ($609 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 Russia (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Lithuania

In 2022, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels imported into Lithuania contracted to 580 tons, reducing by -7.3% against 2021 figures. Over the period under review, imports continue to indicate a precipitous curtailment.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels skyrocketed to $786K in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Lithuania in 2022:

1. Poland (188.6 tons)
2. Estonia (128.4 tons)
3. Latvia (103.0 tons)
4. China (78.2 tons)
5. Ukraine (43.0 tons)
6. Russia (21.1 tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Lithuania

In 2022, overseas shipments of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -65.2% to 47 tons, falling for the second year in a row after two years of growth. Overall, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 244 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels fell significantly to $169K in 2022. In general, exports recorded a sharp descent. The smallest decline of -7.4% was in 2020.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Lithuania in 2022:

1. Russia (29.8 tons)
2. Estonia (10.1 tons)
3. Kazakhstan (2.5 tons)
4. Latvia (2.1 tons)
5. Belarus (1.6 tons)