Price for Inorganic Acids; Other than Hydrogen Fluoride in Lithuania - 2023

Contents:

  1. Price for Inorganic Acids; Other than Hydrogen Fluoride in Lithuania (CIF) - 2022
  2. Price for Inorganic Acids; Other than Hydrogen Fluoride in Lithuania (FOB) - 2022
  3. Imports of Inorganic Acids; Other than Hydrogen Fluoride in Lithuania
  4. Exports of Inorganic Acids; Other than Hydrogen Fluoride in Lithuania

Price for Inorganic Acids; Other than Hydrogen Fluoride in Lithuania (CIF) - 2022

The average import price for inorganic acids; other than hydrogen fluorides stood at $1,894 per ton in 2022, picking up by 70% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for inorganic acids; other than hydrogen fluorides increased by +118.2% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,189 per ton), while the price for Russia ($1,790 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Inorganic Acids; Other than Hydrogen Fluoride in Lithuania (FOB) - 2022

The average export price for inorganic acids; other than hydrogen fluorides stood at $1,838 per ton in 2022, growing by 41% against the previous year. In general, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 43%. The export price peaked at $5,384 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($2,662 per ton), while the average price for exports to Finland ($1,181 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 Sweden (+55.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Lithuania

Imports of inorganic acids; other than hydrogen fluorides into Lithuania shrank significantly to 361 tons in 2022, declining by -31.8% compared with the previous year's figure. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 636%. As a result, imports reached the peak of 529 tons, and then contracted remarkably in the following year.

In value terms, imports of inorganic acids; other than hydrogen fluorides skyrocketed to $684K in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 547%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Inorganic Acids; Other than Hydrogen Fluoride in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia25.541.0557617189.2%
Germany19.511.58.638.325.2%
Poland32.69.010.818.2-17.7%
Latvia12.425.4N/A1.4-51.7%
Others15.84.313.38.6-18.4%
Total10691.259068486.2%

Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Lithuania in 2022:

  1. Russia (344.8 tons)
  2. Poland (7.8 tons)
  3. Germany (6.2 tons)
  4. Latvia (0.7 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Lithuania

Exports of inorganic acids; other than hydrogen fluorides from Lithuania shrank dramatically to 363 tons in 2022, falling by -18.1% against the year before. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,232%. As a result, the exports reached the peak of 443 tons, and then dropped significantly in the following year.

In value terms, exports of inorganic acids; other than hydrogen fluorides skyrocketed to $666K in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,075% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Inorganic Acids; Other than Hydrogen Fluoride in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/A265180-32.1%
Finland3.04.0150165280.3%
Estonia9.45.230.9103122.1%
HungaryN/AN/A75.596.527.8%
SwedenN/AN/A11.274.2562.5%
Russia25.524.323.634.911.0%
Latvia10.93.15.19.6-4.1%
GermanyN/A8.612.1N/A40.7%
Others9.53.92.63.6-27.6%
Total58.449.1576666125.1%

Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Lithuania in 2022:

  1. Finland (139.6 tons)
  2. Poland (76.9 tons)
  3. Estonia (52.8 tons)
  4. Hungary (42.3 tons)
  5. Sweden (34.0 tons)
  6. Russia (13.1 tons)
  7. Latvia (3.7 tons)

Source: IndexBox Market Intelligence Platform

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