Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Lithuania - 2023

Contents:

1. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Lithuania (CIF) - 2022
2. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Lithuania (FOB) - 2022
3. Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Lithuania
4. Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Lithuania

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Lithuania (CIF) - 2022

The average import price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds stood at $26,865 per ton in 2022, dropping by -41.7% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the maximum at $46,089 per ton in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($70,477 per ton), while the price for China ($6,913 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Lithuania (FOB) - 2022

In 2022, the average export price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds amounted to $52,068 per ton, growing by 13% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.0% 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 laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds decreased by -4.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 61% against the previous year. As a result, the export price reached the peak level of $62,245 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($96,698 per ton), while the average price for exports to Turkey ($22,955 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 (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Lithuania

In 2022, approx. 112 tons of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds were imported into Lithuania; rising by 138% compared with the previous year. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds soared to $3M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated to Lithuania in 2022:

1. Poland (45.9 tons)
2. Germany (19.6 tons)
3. Estonia (15.6 tons)
4. China (6.6 tons)
5. Netherlands (4.7 tons)
6. Czech Republic (4.1 tons)
7. Austria (3.6 tons)
8. Sweden (1.3 tons)
9. Latvia (0.9 tons)
10. Italy (0.7 tons)
11. United Kingdom (0.3 tons)

Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Lithuania

For the fourth consecutive year, Lithuania recorded growth in shipments abroad of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds, which increased by 22% to 35 tons in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 59% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds skyrocketed to $1.8M in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated from Lithuania in 2022:

1. Russia (17.2 tons)
2. Kazakhstan (5.1 tons)
3. Belarus (3.8 tons)
4. Ukraine (3.1 tons)
5. Armenia (1.6 tons)
6. United Arab Emirates (1.4 tons)
7. Turkey (0.8 tons)
8. Estonia (0.7 tons)

Source: IndexBox Market Intelligence Platform