Price for Safety Pins and Other Pins; of Iron or Steel in Lithuania - 2024
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in Lithuania (CIF) - 2022
- Price for Safety Pins and Other Pins; of Iron or Steel in Lithuania (FOB) - 2022
- Imports of Safety Pins and Other Pins; of Iron or Steel in Lithuania
- Exports of Safety Pins and Other Pins; of Iron or Steel in Lithuania
Price for Safety Pins and Other Pins; of Iron or Steel in Lithuania (CIF) - 2022
In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $19,757 per ton, remaining stable against the previous year. Overall, import price indicated modest growth 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. Based on 2022 figures, import price for safety pins and other pins; of iron or steels decreased by -9.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 47%. As a result, import price attained the peak level of $21,838 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($96,069 per ton), while the price for Germany ($11,002 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Safety Pins and Other Pins; of Iron or Steel in Lithuania (FOB) - 2022
The average export price for safety pins and other pins; of iron or steels stood at $36,769 per ton in 2022, reducing by -14.9% against the previous year. In general, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 52% against the previous year. The export price peaked at $43,215 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($142,250 per ton), while the average price for exports to Estonia ($15,833 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 Kyrgyzstan (+46.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Safety Pins and Other Pins; of Iron or Steel in Lithuania
In 2022, the amount of safety pins and other pins; of iron or steels imported into Lithuania reduced notably to 2.6 tons, shrinking by -25.5% compared with the previous year. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year.
In value terms, imports of safety pins and other pins; of iron or steels reduced markedly to $52K in 2022. Overall, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. As a result, imports reached the peak of $70K, and then contracted remarkably in the following year.
| Import of Safety Pins and Other Pins; of Iron or Steel in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.1 | 26.1 | 13.1 | 18.4 | -13.2% |
| Czech Republic | 3.9 | 9.1 | 13.5 | 15.3 | 57.7% |
| China | 8.2 | 2.2 | 22.3 | 5.2 | -14.1% |
| Taiwan (Chinese) | 0.7 | 2.8 | 1.4 | 2.8 | 58.7% |
| Latvia | 1.8 | 1.4 | 2.4 | 1.9 | 1.8% |
| Poland | 5.8 | 1.2 | 1.5 | 1.7 | -33.6% |
| Sweden | 0.5 | 0.6 | 0.3 | 1.6 | 47.4% |
| Greece | 0.1 | N/A | 8.8 | N/A | 838.1% |
| Others | 10.0 | 6.2 | 6.3 | 5.1 | -20.1% |
| Total | 59.2 | 49.7 | 69.6 | 51.9 | -4.3% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Lithuania in 2022:
- Germany (1672.0 kg)
- China (352.0 kg)
- Czech Republic (159.0 kg)
- Poland (138.0 kg)
- Sweden (64.0 kg)
- Latvia (62.0 kg)
- Taiwan (Chinese) (49.0 kg)
Exports of Safety Pins and Other Pins; of Iron or Steel in Lithuania
For the fourth year in a row, Lithuania recorded growth in overseas shipments of safety pins and other pins; of iron or steels, which increased by 46% to 735 kg in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 52%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of safety pins and other pins; of iron or steels surged to $27K in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 122%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Safety Pins and Other Pins; of Iron or Steel in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 0.1 | N/A | N/A | 8.4 | 338.0% |
| Kyrgyzstan | N/A | N/A | N/A | 7.7 | 0% |
| Russia | 1.6 | 5.6 | 15.0 | 5.1 | 47.2% |
| Belarus | 2.4 | 1.7 | 3.4 | 3.3 | 11.2% |
| Poland | 0.9 | 0.7 | 0.6 | 1.2 | 10.1% |
| Ukraine | 1.1 | 0.3 | 2.4 | 0.6 | -18.3% |
| Latvia | 1.1 | 0.7 | 0.3 | 0.5 | -23.1% |
| Others | 0.5 | 0.8 | 0.1 | 0.3 | -15.7% |
| Total | 7.5 | 9.8 | 21.7 | 27.0 | 53.3% |
Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Lithuania in 2022:
- Kyrgyzstan (392.0 kg)
- Russia (144.0 kg)
- Kazakhstan (84.0 kg)
- Poland (54.0 kg)
- Belarus (26.0 kg)
- Latvia (19.0 kg)
- Ukraine (4.0 kg)
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