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Lithuania - Sulphites - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphites Price in Lithuania - 2023
Contents:
- Sulphites Price in Lithuania (CIF) - 2022
- Sulphites Price in Lithuania (FOB) - 2022
- Sulphites Imports in Lithuania
- Sulphites Exports in Lithuania
Sulphites Price in Lithuania (CIF) - 2022
In 2022, the average sulphites import price amounted to $727 per ton, with an increase of 81% against the previous year. In general, the import price, however, continues to indicate a noticeable reduction. The import price peaked at $913 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 France ($3,482 per ton), while the price for Italy ($295 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites Price in Lithuania (FOB) - 2022
The average sulphites export price stood at $1,274 per ton in 2022, rising by 33% against the previous year. In general, the export price, however, saw a mild setback. Over the period under review, the average export prices hit record highs at $1,593 per ton in 2014; however, from 2015 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 Turkey ($4,233 per ton), while the average price for exports to Latvia ($455 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 Finland (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphites Imports in Lithuania
In 2022, overseas purchases of sulphites decreased by -22.8% to 454 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, imports attained the peak of 645 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sulphites imports surged to $330K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.9% 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 +76.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Sulphites in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 8.4 | 8.4 | 20.9 | 98.7 | 127.3% |
Italy | 95.3 | 99.8 | 99.0 | 56.3 | -16.1% |
Turkey | N/A | 22.0 | 14.7 | 50.8 | 52.0% |
France | 21.2 | 1.6 | 1.0 | 45.3 | 28.8% |
Germany | 52.2 | 65.3 | 78.6 | 42.7 | -6.5% |
Finland | 6.3 | 5.9 | 9.4 | 7.2 | 4.6% |
Others | 3.5 | 25.6 | 12.2 | 29.3 | 103.0% |
Total | 187 | 229 | 236 | 330 | 20.8% |
Top Suppliers of Sulphites to Lithuania in 2022:
- Italy (190.9 tons)
- Poland (113.3 tons)
- Turkey (72.0 tons)
- Germany (48.2 tons)
- France (13.0 tons)
- Finland (7.3 tons)
Sulphites Exports in Lithuania
In 2022, overseas shipments of sulphites were finally on the rise to reach 99 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphites exports skyrocketed to $126K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Sulphites in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 35.7 | 14.3 | 2.7 | 50.4 | 12.2% |
Belarus | 12.7 | 21.0 | 10.5 | 42.1 | 49.1% |
Finland | 5.2 | 7.3 | 10.0 | 11.8 | 31.4% |
Turkey | N/A | N/A | N/A | 9.5 | 0% |
Latvia | 2.5 | 0.1 | 2.2 | 5.8 | 32.4% |
Estonia | N/A | 0.8 | 0.8 | 4.2 | 129.1% |
Kazakhstan | 9.7 | N/A | 0.9 | 1.2 | -50.2% |
Others | 4.7 | N/A | 0.8 | 0.5 | -52.6% |
Total | 70.7 | 43.6 | 27.9 | 126 | 21.2% |
Top Export Markets for Sulphites from Lithuania in 2022:
- Belarus (48.0 tons)
- Russia (14.1 tons)
- Finland (13.2 tons)
- Latvia (12.9 tons)
- Estonia (7.4 tons)
- Turkey (2.2 tons)
- Kazakhstan (0.7 tons)
This report provides an in-depth analysis of the sulphites market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134133 - Sulphites
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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