Price for Monophenols; Cresols and Their Salts in Lithuania - 2023

Contents:

  1. Price for Monophenols; Cresols and Their Salts in Lithuania (CIF) - 2022
  2. Price for Monophenols; Cresols and Their Salts in Lithuania (FOB) - 2022
  3. Imports of Monophenols; Cresols and Their Salts in Lithuania
  4. Exports of Monophenols; Cresols and Their Salts in Lithuania

Price for Monophenols; Cresols and Their Salts in Lithuania (CIF) - 2022

The average import price for monophenols; cresols and their saltses stood at $24,635 per ton in 2022, increasing by 29% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The import price peaked at $25,474 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($79,500 per ton), while the price for Germany ($22,585 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Monophenols; Cresols and Their Salts in Lithuania (FOB) - 2022

The average export price for monophenols; cresols and their saltses stood at $61,025 per ton in 2022, with an increase of 29% against the previous year. Over the period under review, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 101%. As a result, the export price attained the peak level of $206,182 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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 Jordan ($216,667 per ton), while the average price for exports to the Netherlands amounted to $48,405 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.5%).

Imports of Monophenols; Cresols and Their Salts in Lithuania

In 2022, the amount of monophenols; cresols and their saltses imported into Lithuania soared to 480 kg, jumping by 138% on the previous year's figure. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, monophenols; cresols and their salts imports surged to $12K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Monophenols; Cresols and Their Salts in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.72.53.89.920.2%
SpainN/AN/AN/A0.90%
Belgium0.70.40.10.84.6%
OthersN/AN/AN/A0.20%
Total6.42.93.911.822.6%

Top Suppliers of Monophenols; Cresols and Their Salts to Lithuania in 2022:

  1. Germany (439.0 kg)
  2. Spain (25.0 kg)
  3. Belgium (10.0 kg)

Exports of Monophenols; Cresols and Their Salts in Lithuania

In 2022, shipments abroad of monophenols; cresols and their saltses was finally on the rise to reach 40 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, monophenols; cresols and their salts exports skyrocketed to $2.4K in 2022. In general, exports showed a notable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Monophenols; Cresols and Their Salts in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A0.50.21.889.7%
JordanN/AN/AN/A0.70%
Indonesia2.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.30.50.22.41.4%

Top Export Markets for Monophenols; Cresols and Their Salts from Lithuania in 2022:

  1. Netherlands (37.0 kg)
  2. Jordan (3.0 kg)

Source: IndexBox Market Intelligence Platform

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