Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Lithuania - 2024

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Lithuania (CIF) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Lithuania (FOB) - 2022
3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Lithuania
4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Lithuania

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Lithuania (CIF) - 2022

In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $2,146 per ton, picking up by 14% against the previous year. In general, the import price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 51%. Over the period under review, average import prices hit record highs in 2022 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 ($3,036 per ton), while the price for Austria ($1,710 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Lithuania (FOB) - 2022

The average export price for tubes, pipes and hollow profiles, of cast iron stood at $2,421 per ton in 2022, picking up by 7.3% against the previous year. Overall, the export price, however, continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 164% against the previous year. Over the period under review, the average export prices hit record highs at $3,069 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($4,955 per ton), while the average price for exports to Poland ($500 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 Italy (+39.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Lithuania

In 2022, approx. 1.8K tons of tubes, pipes and hollow profiles, of cast iron were imported into Lithuania; with a decrease of -17.6% on 2021 figures. Over the period under review, imports showed a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 42%. As a result, imports reached the peak of 2.2K tons, and then declined markedly in the following year.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron reduced to $3.8M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 91%. As a result, imports reached the peak of $4.1M, and then dropped in the following year.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Lithuania in 2022:

1. Poland (833.1 tons)
2. Austria (493.3 tons)
3. Bulgaria (327.6 tons)
4. Denmark (25.9 tons)
5. Latvia (19.7 tons)
6. Germany (18.9 tons)
7. France (13.0 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Lithuania

Exports of tubes, pipes and hollow profiles, of cast iron from Lithuania expanded slightly to 853 tons in 2022, increasing by 3.5% against the previous year's figure. In general, exports, however, continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron rose remarkably to $2.1M in 2022. Over the period under review, exports, however, saw a perceptible slump. The pace of growth was the most pronounced in 2021 when exports increased by 196%.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Lithuania in 2022:

1. Russia (817.7 tons)
2. Norway (18.3 tons)
3. United Kingdom (15.9 tons)

Source: IndexBox Market Intelligence Platform