Natural Sand Price in Lithuania - 2023

Contents:

1. Natural Sand Price in Lithuania (FOB) - 2023
2. Natural Sand Price in Lithuania (CIF) - 2023
3. Natural Sand Exports in Lithuania
4. Natural Sand Imports in Lithuania

Natural Sand Price in Lithuania (FOB) - 2023

In September 2023, the average natural sand export price amounted to $131 per ton, surging by 3% against the previous month. In general, the export price, however, saw a pronounced decline. The growth pace was the most rapid in June 2023 an increase of 59% m-o-m. The export price peaked at $243 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($725 per ton), while the average price for exports to Latvia amounted to $114 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (-2.3%).

Natural Sand Price in Lithuania (CIF) - 2023

The average natural sand import price stood at $25.6 per ton in September 2023, increasing by 42% against the previous month. Over the period under review, the import price posted a slight increase. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 536% m-o-m. Over the period under review, average import prices hit record highs at $135 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($36.0 per ton), while the price for Poland totaled $14.0 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Latvia (+14.3%).

Natural Sand Exports in Lithuania

In 2022, after three years of growth, there was significant decline in shipments abroad of natural sands, when their volume decreased by -97.5% to 341 tons. Overall, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 14K tons, and then plummeted in the following year.

In value terms, natural sand exports contracted significantly to $356K in 2022. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. As a result, the exports reached the peak of $1.8M, and then contracted dramatically in the following year.

Top Export Markets for Natural Sand from Lithuania in 2022:

1. Latvia (158.4 tons)
2. Russia (53.6 tons)
3. Estonia (40.2 tons)
4. Germany (26.5 tons)
5. Poland (21.5 tons)
6. France (13.2 tons)
7. Slovakia (6.6 tons)

Natural Sand Imports in Lithuania

For the third year in a row, Lithuania recorded decline in overseas purchases of natural sands, which decreased by -33.3% to 33K tons in 2022. Over the period under review, imports faced a abrupt contraction. The smallest decline of -6.4% was in 2020.

In value terms, natural sand imports fell remarkably to $589K in 2022. In general, imports saw a precipitous shrinkage. The smallest decline of -2.3% was in 2021.

Top Suppliers of Natural Sand to Lithuania in 2022:

1. Poland (25.2K tons)
2. Netherlands (3.0K tons)
3. Latvia (2.7K tons)
4. Sweden (0.8K tons)
5. Belgium (0.7K tons)
6. Germany (0.4K tons)

Source: IndexBox Market Intelligence Platform