Price for Mineral Substances Not Elsewhere Specified or Included in Lithuania - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Lithuania (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Lithuania (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Lithuania
- Exports of Mineral Substances Not Elsewhere Specified or Included in Lithuania
Price for Mineral Substances Not Elsewhere Specified or Included in Lithuania (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $804 per ton in 2022, picking up by 104% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $1,058 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 Spain ($3,393 per ton), while the price for Greece ($223 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Lithuania (FOB) - 2022
In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $5,291 per ton, rising by 43% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2016 when the average export price increased by 101%. The export price peaked at $58,567 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($31,562 per ton), while the average price for exports to Russia ($493 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 Estonia (-2.2%), while the prices for the other major destinations experienced a decline.
Imports of Mineral Substances Not Elsewhere Specified or Included in Lithuania
Imports of mineral substances not elsewhere specified or includeds into Lithuania contracted significantly to 11K tons in 2022, falling by -30.2% against the previous year's figure. Over the period under review, imports faced a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 1.9%.
In value terms, imports of mineral substances not elsewhere specified or includeds soared to $8.5M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Mineral Substances Not Elsewhere Specified or Included in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,302 | 1,452 | 2,058 | 4,467 | 50.8% |
| Greece | 279 | 469 | 1,438 | 861 | 45.6% |
| Spain | 177 | 66.4 | 0.1 | 830 | 67.4% |
| Poland | 740 | 866 | 388 | 594 | -7.1% |
| Turkey | 87.2 | 33.9 | 126 | 341 | 57.5% |
| Germany | 87.1 | 98.1 | 351 | 285 | 48.5% |
| Latvia | 466 | 37.0 | 500 | 192 | -25.6% |
| Georgia | N/A | 96.9 | 78.9 | 22.8 | -51.5% |
| Belgium | 236 | 259 | 245 | 5.9 | -70.8% |
| Others | 528 | 697 | 827 | 947 | 21.5% |
| Total | 3,903 | 4,076 | 6,012 | 8,546 | 29.9% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Lithuania in 2022:
- Greece (3.9K tons)
- Russia (2.7K tons)
- Turkey (1.5K tons)
- Poland (0.9K tons)
- Latvia (0.2K tons)
- Germany (0.2K tons)
- Spain (0.2K tons)
- Georgia (0.1K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Lithuania
In 2022, approx. 1.1K tons of mineral substances not elsewhere specified or includeds were exported from Lithuania; with an increase of 88% compared with 2021 figures. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of mineral substances not elsewhere specified or includeds soared to $6M in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mineral Substances Not Elsewhere Specified or Included in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 174 | 1,392 | 548 | 4,441 | 194.4% |
| Belarus | 175 | 132 | 113 | 1,052 | 81.8% |
| Russia | 132 | 144 | 166 | 154 | 5.3% |
| Latvia | 34.2 | 36.4 | 53.8 | 75.5 | 30.2% |
| Tajikistan | N/A | N/A | N/A | 59.1 | 0% |
| Ukraine | 16.3 | 44.4 | 84.1 | 46.8 | 42.1% |
| Poland | 384 | 104 | 650 | 20.6 | -62.3% |
| Estonia | 17.3 | 64.7 | 76.6 | 19.8 | 4.6% |
| China | 462 | 122 | 125 | 2.4 | -82.7% |
| Sweden | 71.6 | 0.7 | 1.2 | 1.2 | -74.4% |
| Others | 105 | 113 | 409 | 104 | -0.3% |
| Total | 1,572 | 2,153 | 2,226 | 5,976 | 56.1% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Lithuania in 2022:
- Belarus (438.3 tons)
- Russia (312.7 tons)
- Hong Kong SAR (140.7 tons)
- Latvia (89.9 tons)
- Tajikistan (62.0 tons)
- Estonia (31.4 tons)
- Ukraine (17.7 tons)
- Poland (1.8 tons)
- Sweden (0.7 tons)
- China (0.1 tons)
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