Lithuania - Citric Acid And Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCitric Acid Price in Lithuania - 2023
Contents:
- Citric Acid Price in Lithuania (CIF) - 2022
- Citric Acid Price in Lithuania (FOB) - 2022
- Citric Acid Imports in Lithuania
- Citric Acid Exports in Lithuania
Citric Acid Price in Lithuania (CIF) - 2022
The average citric acid import price stood at $2,641 per ton in 2022, growing by 61% against the previous year. In general, the import price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of 65% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
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 Ireland ($5,652 per ton), while the price for China ($1,797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+58.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Citric Acid Price in Lithuania (FOB) - 2022
In 2022, the average citric acid export price amounted to $4,165 per ton, rising by 109% against the previous year. Overall, the export price saw a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($8,502 per ton), while the average price for exports to Poland ($1,150 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 the Netherlands (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.
Citric Acid Imports in Lithuania
In 2022, overseas purchases of citric acid and its salts and esters decreased by -5.1% to 1.8K tons, falling for the second year in a row after two years of growth. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of 2.4K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, citric acid imports surged to $4.7M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Citric Acid in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 343 | 574 | 504 | 1,230 | 53.1% |
| Poland | 139 | 135 | 772 | 1,054 | 96.5% |
| Latvia | 39.1 | 25.2 | 48.3 | 593 | 147.5% |
| Germany | 135 | 167 | 374 | 423 | 46.3% |
| Thailand | 184 | 62.9 | 193 | 285 | 15.7% |
| Estonia | 43.0 | 34.5 | 3.6 | 265 | 83.3% |
| Ireland | 1.0 | N/A | N/A | 261 | 539.1% |
| Belgium | 7.0 | 8.0 | 103 | 172 | 190.7% |
| Netherlands | 446 | 298 | 44.2 | 153 | -30.0% |
| Turkey | N/A | N/A | 692 | 103 | -85.1% |
| Austria | 130 | 205 | 93.7 | 40.1 | -32.4% |
| India | 534 | 709 | 149 | 0.1 | -94.3% |
| Others | 46.0 | 141 | 102 | 119 | 37.3% |
| Total | 2,047 | 2,359 | 3,077 | 4,699 | 31.9% |
Top Suppliers of Citric Acid to Lithuania in 2022:
- China (684.1 tons)
- Poland (370.5 tons)
- Latvia (209.9 tons)
- Thailand (104.2 tons)
- Estonia (97.1 tons)
- Germany (83.6 tons)
- Belgium (51.5 tons)
- Ireland (46.2 tons)
- Netherlands (45.0 tons)
- Turkey (40.1 tons)
- Austria (14.8 tons)
- India (0.2 tons)
Citric Acid Exports in Lithuania
After three years of growth, overseas shipments of citric acid and its salts and esters decreased by -57.1% to 407 tons in 2022. Over the period under review, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 83%.
In value terms, citric acid exports shrank to $1.7M in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 73%.
| Export of Citric Acid in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 364 | 434 | 489 | 542 | 14.2% |
| Russia | 48.0 | 124 | 65.6 | 319 | 88.0% |
| Estonia | 105 | 121 | 131 | 184 | 20.6% |
| Germany | 35.8 | 49.6 | 57.1 | 119 | 49.2% |
| Netherlands | N/A | 23.4 | 3.9 | 115 | 121.7% |
| Finland | 43.2 | 51.2 | 92.0 | 114 | 38.2% |
| Ukraine | 0.6 | 5.3 | N/A | 77.1 | 404.6% |
| Poland | 22.4 | 236 | 531 | 22.9 | 0.7% |
| Kazakhstan | 52.1 | 137 | 78.1 | 9.9 | -42.5% |
| Others | 113 | 171 | 444 | 193 | 19.5% |
| Total | 784 | 1,352 | 1,891 | 1,695 | 29.3% |
Top Export Markets for Citric Acid from Lithuania in 2022:
- Latvia (148.5 tons)
- Estonia (62.1 tons)
- Russia (37.6 tons)
- Ukraine (29.9 tons)
- Finland (28.1 tons)
- Netherlands (22.5 tons)
- Germany (21.1 tons)
- Poland (20.0 tons)
- Kazakhstan (4.5 tons)
This report provides an in-depth analysis of the citric acid 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 20143473 - Citric acid and its salts and esters
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.
-
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
76
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984
In value terms, carboxyamide-function compounds and amide-function compounds imports totaled $X in 2016. In general, carboxyamide-function compounds and amide-function compounds imports continue to...
723
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