Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Lithuania - 2023

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Lithuania (FOB) - 2022
  2. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Lithuania (CIF) - 2022
  3. Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Lithuania
  4. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Lithuania

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Lithuania (FOB) - 2022

In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $5,022 per ton, shrinking by -29.6% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 199% against the previous year. Over the period under review, the average export prices hit record highs at $12,004 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($9,621 per ton), while the average price for exports to Estonia ($3,485 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 Uzbekistan (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Lithuania (CIF) - 2022

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $6,367 per ton in 2022, shrinking by -10% against the previous year. In general, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 114%. Over the period under review, average import prices reached the peak figure at $8,504 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($26,763 per ton), while the price for the Netherlands ($2,892 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.5%), while the prices for the other major suppliers experienced a decline.

Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Lithuania

In 2022, approx. 32 tons of alcohols; aromatic alcohols and derivatives, benzyl alcohol were exported from Lithuania; rising by 137% compared with 2021 figures. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,885% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol skyrocketed to $159K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,079% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A83.286.74.2%
EstoniaN/AN/AN/A34.90%
FinlandN/AN/AN/A34.90%
Latvia2.80.5N/A1.8-13.7%
Belarus14.87.68.80.3-72.7%
UzbekistanN/AN/A3.2N/A0%
OthersN/AN/AN/AN/A0%
Total17.68.195.1159108.3%

Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Lithuania in 2022:

  1. Russia (11.1 tons)
  2. Estonia (10.0 tons)
  3. Finland (10.0 tons)
  4. Latvia (0.4 tons)

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Lithuania

In 2022, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol into Lithuania surged to 25 tons, rising by 99% on the year before. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 385%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol skyrocketed to $158K in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 425% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A86.70%
Germany2.41.03.937.3149.6%
NetherlandsN/A9.7N/A28.972.6%
Poland0.20.71.53.4157.1%
SpainN/AN/A77.4N/A0%
Finland1.9N/AN/AN/A0%
Israel3.24.34.5N/A18.6%
Others0.41.00.81.451.8%
Total8.216.888.2158168.1%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Lithuania in 2022:

  1. Germany (10.5 tons)
  2. Netherlands (10.0 tons)
  3. Austria (3.2 tons)
  4. Poland (0.9 tons)

Source: IndexBox Market Intelligence Platform

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