Report Update: Apr 20, 2024

Lithuania - Polyamides (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Polyamide Price in Lithuania - 2023

Polyamide Price in Lithuania (CIF) - 2023

The average polyamide import price stood at $2,550 per ton in September 2023, with a decrease of -3.8% against the previous month. Over the period under review, the import price recorded a perceptible curtailment. The pace of growth was the most pronounced in February 2023 when the average import price increased by 18% month-to-month. As a result, import price reached the peak level of $4,822 per ton. From March 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($7,253 per ton), while the price for Germany ($1,974 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.5%), while the prices for the other major suppliers experienced a decline.

Polyamide Price in Lithuania (FOB) - 2022

The average polyamide export price stood at $3,000 per ton in 2022, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2021 an increase of 32%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($8,623 per ton), while the average price for exports to Hong Kong SAR ($1,111 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 Russia (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Polyamide Imports in Lithuania

Polyamide imports into Lithuania expanded significantly to 13K tons in 2022, growing by 6.9% on the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 52%. As a result, imports attained the peak of 16K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, polyamide imports skyrocketed to $49M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polyamide in Lithuania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	14.9	20.0	18.5	26.8	21.6%
Spain	2.4	1.8	2.3	4.2	20.5%
Netherlands	1.6	2.8	1.7	3.9	34.6%
Poland	0.3	0.9	1.8	3.2	120.1%
Sweden	1.9	1.6	2.8	2.9	15.1%
France	0.6	0.3	0.5	1.7	41.5%
Italy	0.8	0.4	1.2	1.2	14.5%
United Kingdom	0.6	0.4	0.5	0.7	5.3%
Belarus	1.0	1.3	1.5	N/A	22.5%
Others	2.2	2.7	5.4	4.3	25.0%
Total	26.2	32.2	36.1	49.0	23.2%

Top Suppliers of Polyamide to Lithuania in 2022:

Germany (8.0K tons)
Netherlands (1.0K tons)
Spain (1.0K tons)
Poland (0.7K tons)
Sweden (0.6K tons)
Italy (0.3K tons)
France (0.3K tons)
United Kingdom (0.2K tons)

Polyamide Exports in Lithuania

In 2022, exports of polyamides (in primary forms) from Lithuania shrank slightly to 3.3K tons, with a decrease of -2.6% against 2021 figures. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, the exports reached the peak of 3.4K tons, and then dropped modestly in the following year.

In value terms, polyamide exports rose notably to $10M in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 114% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Polyamide in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	220	774	1,640	1,642	95.4%
Poland	4.0	402	205	1,524	625.0%
Italy	730	611	1,813	1,468	26.2%
Spain	712	31.1	1,737	1,462	27.1%
Belarus	209	163	213	653	46.2%
Russia	757	791	1,750	592	-7.9%
Netherlands	896	860	406	440	-21.1%
Hungary	0.2	N/A	0.2	396	1155.7%
Turkey	203	83.0	166	269	9.8%
Hong Kong SAR	N/A	50.1	358	249	122.9%
United Kingdom	1,006	74.6	27.8	233	-38.6%
Others	427	515	1,007	1,108	37.4%
Total	5,164	4,353	9,324	10,035	24.8%

Top Export Markets for Polyamide from Lithuania in 2022:

Italy (602.9 tons)
Germany (600.5 tons)
Poland (483.1 tons)
Spain (464.1 tons)
Hong Kong SAR (223.9 tons)
Hungary (202.9 tons)
Netherlands (145.6 tons)
Russia (110.6 tons)
Turkey (88.9 tons)
United Kingdom (76.9 tons)
Belarus (75.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polyamide 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 20165450 - Polyamide -6, -11, -12, -6,6, -6,9, -6,10 or -6,12, in primary forms
Prodcom 20165490 - Polyamides, in primary forms (excluding polyamide -6, -11, .12, -6,6, -6,9, -6,10 or -6,12)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023