Price for Cutlery; Other than Plated with Precious Metal in Lithuania - 2023
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Lithuania (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in Lithuania (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Lithuania
- Exports of Cutlery; Other than Plated with Precious Metal in Lithuania
Price for Cutlery; Other than Plated with Precious Metal in Lithuania (CIF) - 2022
The average import price for cutlery; other than plated with precious metals stood at $12,380 per ton in 2022, growing by 3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 15% against the previous year. The import price peaked at $13,032 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($17,692 per ton), while the price for Poland ($9,471 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cutlery; Other than Plated with Precious Metal in Lithuania (FOB) - 2022
In 2022, the average export price for cutlery; other than plated with precious metals amounted to $18,467 per ton, approximately reflecting the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cutlery; other than plated with precious metals increased by +23.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 39% against the previous year. Over the period under review, the average export prices hit record highs at $18,609 per ton in 2021, and then contracted in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($20,056 per ton) and Kazakhstan ($16,971 per ton), while the average price for exports to Estonia ($13,409 per ton) and Latvia ($13,477 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cutlery; Other than Plated with Precious Metal in Lithuania
In 2022, after two years of decline, there was significant growth in supplies from abroad of cutlery; other than plated with precious metals, when their volume increased by 12% to 201 tons. In general, imports, however, recorded a perceptible reduction.
In value terms, imports of cutlery; other than plated with precious metals surged to $2.5M in 2022. Overall, imports, however, recorded a noticeable shrinkage.
| Import of Cutlery; Other than Plated with Precious Metal in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 572 | 667 | 491 | 553 | -1.1% |
| Italy | 683 | 517 | 476 | 477 | -11.3% |
| Germany | 288 | 196 | 215 | 358 | 7.5% |
| Netherlands | 176 | 99.8 | 217 | 254 | 13.0% |
| Spain | 187 | 210 | 156 | 186 | -0.2% |
| Poland | 121 | 98.1 | 126 | 136 | 4.0% |
| Latvia | 300 | 73.6 | 93.7 | 124 | -25.5% |
| Sweden | 35.4 | 419 | 33.9 | 2.4 | -59.2% |
| Others | 364 | 441 | 338 | 394 | 2.7% |
| Total | 2,727 | 2,721 | 2,147 | 2,485 | -3.1% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Lithuania in 2022:
- China (55.1 tons)
- Italy (37.4 tons)
- Netherlands (26.0 tons)
- Germany (22.9 tons)
- Poland (14.4 tons)
- Spain (13.0 tons)
- Latvia (7.6 tons)
- Sweden (0.2 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Lithuania
In 2022, the amount of cutlery; other than plated with precious metals exported from Lithuania declined to 85 tons, waning by -10.7% on the year before. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 4% against the previous year.
In value terms, exports of cutlery; other than plated with precious metals declined to $1.6M in 2022. Over the period under review, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports attained the peak of $1.8M, and then reduced in the following year.
| Export of Cutlery; Other than Plated with Precious Metal in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 935 | 854 | 1,108 | 844 | -3.4% |
| Belarus | 197 | 106 | 140 | 181 | -2.8% |
| Latvia | 386 | 261 | 303 | 165 | -24.7% |
| Kazakhstan | 12.7 | 24.8 | 30.2 | 153 | 129.2% |
| Estonia | 155 | 118 | 105 | 64.0 | -25.5% |
| Others | 44.1 | 126 | 90.1 | 166 | 55.6% |
| Total | 1,730 | 1,490 | 1,776 | 1,574 | -3.1% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Lithuania in 2022:
- Russia (42.1 tons)
- Latvia (12.2 tons)
- Belarus (11.3 tons)
- Kazakhstan (9.0 tons)
- Estonia (4.8 tons)
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