Eastern Europe: Lysine Market 2024

Lysine Market Size in Eastern Europe

In 2023, the East European lysine market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Over the period under review, consumption showed a abrupt decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Lysine Production in Eastern Europe

In value terms, lysine production skyrocketed to $X in 2023 estimated in export price. Overall, production enjoyed a significant increase. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a lower figure.

Lysine Exports

Exports in Eastern Europe

In 2023, overseas shipments of lysine and its esters, and salts thereof were finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, lysine exports fell dramatically to $X in 2023. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Lithuania (X tons) was the main exporter of lysine and its esters, and salts thereof, comprising X% of total exports. It was distantly followed by Poland (X tons), achieving a X% share of total exports. Hungary (X tons), Russia (X tons) and Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to lysine exports from Lithuania stood at X%. At the same time, Poland (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Russia (X%) and Bulgaria (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Poland and Lithuania increased by X and X percentage points, respectively.

In value terms, Lithuania ($X) remains the largest lysine supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

In Lithuania, lysine exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Poland (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, waning by X% against the previous year. In general, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in Bulgaria ($X per ton) and Hungary ($X per ton), while Russia ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced a decline in the export price figures.

Lysine Imports

Imports in Eastern Europe

In 2023, approx. X tons of lysine and its esters, and salts thereof were imported in Eastern Europe; with a decrease of X% against the year before. Overall, imports saw a noticeable decline. The pace of growth was the most pronounced in 2022 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.

In value terms, lysine imports shrank notably to $X in 2023. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons) and Poland (X tons) were the main importers of lysine and its esters, and salts thereof in 2023, finishing at approx. X% and X% of total imports, respectively. Lithuania (X tons) held the next position in the ranking, followed by Hungary (X tons) and Ukraine (X tons). All these countries together held near X% share of total imports. The following importers - Romania (X tons) and the Czech Republic (X tons) - each amounted to an X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Lithuania (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Russia ($X), Poland ($X) and Ukraine ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Lithuania, Hungary, Romania and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price saw a noticeable shrinkage. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ukraine ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform