Price for Double or Complex Silicates in Lithuania - 2023

Contents:

1. Price for Double or Complex Silicates in Lithuania (FOB) - 2022
2. Price for Double or Complex Silicates in Lithuania (CIF) - 2022
3. Exports of Double or Complex Silicates in Lithuania
4. Imports of Double or Complex Silicates in Lithuania

Price for Double or Complex Silicates in Lithuania (FOB) - 2022

The average double or complex silicates export price stood at $2,744 per ton in 2022, with an increase of 27% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2016 an increase of 39%. Over the period under review, the average export prices attained the peak figure at $4,852 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($8,235 per ton), while the average price for exports to Sweden ($2,129 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 Finland (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Double or Complex Silicates in Lithuania (CIF) - 2022

In 2022, the average double or complex silicates import price amounted to $636 per ton, declining by -56.6% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth was the most pronounced in 2019 when the average import price increased by 50%. The import price peaked at $5,017 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($8,132 per ton), while the price for Latvia ($254 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+104.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Double or Complex Silicates in Lithuania

For the third year in a row, Lithuania recorded decline in overseas shipments of double or complex silicates, which decreased by -2.7% to 84 tons in 2022. In general, exports faced a significant curtailment.

In value terms, double or complex silicates exports skyrocketed to $229K in 2022. Over the period under review, exports showed a dramatic decline.

Top Export Markets for Double or Complex Silicates from Lithuania in 2022:

1. Kazakhstan (27.3 tons)
2. Finland (18.2 tons)
3. Latvia (14.9 tons)
4. Belarus (13.6 tons)
5. Estonia (3.5 tons)
6. Sweden (3.0 tons)
7. Russia (1.7 tons)

Imports of Double or Complex Silicates in Lithuania

In 2022, purchases abroad of double or complex silicates was finally on the rise to reach 174 tons after two years of decline. Overall, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, double or complex silicates imports contracted dramatically to $111K in 2022. Over the period under review, imports, however, faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year.

Top Suppliers of Double or Complex Silicates to Lithuania in 2022:

1. Latvia (137.1 tons)
2. Ukraine (12.6 tons)
3. Belgium (9.2 tons)
4. Sweden (8.0 tons)
5. Germany (4.3 tons)

Source: IndexBox Market Intelligence Platform