Horsehair Price in Lithuania - 2023

Horsehair Price in Lithuania (CIF) - 2022

The average horsehair import price stood at $19,440 per ton in 2022, rising by 37% against the previous year. Over the period under review, the import price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of 433% against the previous year. Over the period under review, average import prices hit record highs at $19,895 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 China ($75,636 per ton), while the price for Germany ($3,065 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Horsehair Price in Lithuania (FOB) - 2022

In 2022, the average horsehair export price amounted to $15,452 per ton, growing by 155% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2019 when the average export price increased by 290% against the previous year. Over the period under review, the average export prices hit record highs at $25,625 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($15,513 per ton), while the average price for exports to Germany amounted to $10,555 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+117.7%).

Horsehair Imports in Lithuania

In 2022, imports of horsehair into Lithuania surged to 59 tons, picking up by 227% compared with 2021. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, horsehair imports soared to $1.1M in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Horsehair in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mongolia	N/A	N/A	N/A	491	0%
China	N/A	N/A	99.0	441	345.5%
Italy	N/A	35.7	109	169	117.6%
Germany	31.9	30.1	47.0	43.7	11.1%
Estonia	4.3	1.4	2.4	2.4	-17.7%
United Kingdom	21.6	41.9	N/A	N/A	94.0%
Others	N/A	N/A	N/A	N/A	0%
Total	57.8	109	257	1,148	170.8%

Top Suppliers of Horsehair to Lithuania in 2022:

Mongolia (34.8 tons)
Germany (14.3 tons)
China (5.8 tons)
Italy (3.4 tons)
Estonia (0.7 tons)

Horsehair Exports in Lithuania

In 2022, horsehair exports from Lithuania surged to 34 tons, jumping by 1,764% on the previous year's figure. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, horsehair exports surged to $521K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.