Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Lithuania - 2023

Contents:

  1. Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Lithuania (FOB) - 2022
  2. Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Lithuania (CIF) - 2022
  3. Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Lithuania
  4. Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Lithuania

Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Lithuania (FOB) - 2022

The average export price for butanols (excluding butan-1-ol (n-butyl alcohol)) stood at $1,929 per ton in 2022, jumping by 50% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($33,889 per ton), while the average price for exports to Slovakia ($1,289 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 Belarus (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Lithuania (CIF) - 2022

In 2022, the average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $238 per ton, dropping by -85.2% against the previous year. Overall, the import price showed a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by 214% against the previous year. The import price peaked at $5,643 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Poland ($2,574 per ton), while the price for Russia amounted to $137 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+41.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Lithuania

In 2022, exports of butanols (excluding butan-1-ol (n-butyl alcohol)) from Lithuania soared to 37 tons, with an increase of 59% on the year before. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 8,971%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) exports skyrocketed to $71K in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 9,280%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/A0.2N/A30.71139.0%
SlovakiaN/AN/AN/A29.60%
Latvia5.80.1N/A5.3-3.0%
NorwayN/AN/AN/A4.10%
NetherlandsN/AN/A29.9N/A0%
Others1.3N/AN/A1.54.9%
Total7.00.329.971.2116.7%

Top Export Markets for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) from Lithuania in 2022:

  1. Slovakia (23.0 tons)
  2. Finland (12.2 tons)
  3. Latvia (1.1 tons)
  4. Norway (0.6 tons)

Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Lithuania

In 2022, the amount of butanols (excluding butan-1-ol (n-butyl alcohol)) imported into Lithuania surged to 294 tons, increasing by 2,328% compared with the previous year. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports soared to $70K in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A39.60%
Poland31.420.40.10.1-85.3%
LatviaN/AN/A16.1N/A0%
Others0.613.93.330.2269.2%
Total32.034.319.470.029.8%

Top Suppliers of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) to Lithuania in 2022:

  1. Poland (undefined tons)
  2. Russia (289.2 tons)

Source: IndexBox Market Intelligence Platform

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