Price for Iodides and Iodide Oxides in Lithuania - 2023

Contents:

  1. Price for Iodides and Iodide Oxides in Lithuania (CIF) - 2022
  2. Price for Iodides and Iodide Oxides in Lithuania (FOB) - 2022
  3. Imports of Iodides and Iodide Oxides in Lithuania
  4. Exports of Iodides and Iodide Oxides in Lithuania

Price for Iodides and Iodide Oxides in Lithuania (CIF) - 2022

The average iodides and iodide oxides import price stood at $55,203 per ton in 2022, jumping by 37% against the previous year. In general, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 217% against the previous year. As a result, import price reached the peak level of $86,900 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($78,389 per ton), while the price for the UK ($20,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.1%), while the prices for the other major suppliers experienced a decline.

Price for Iodides and Iodide Oxides in Lithuania (FOB) - 2022

In 2022, the average iodides and iodide oxides export price amounted to $53,886 per ton, increasing by 84% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 129% against the previous year. The export price peaked at $58,270 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($92,163 per ton), while the average price for exports to Belarus stood at $53,137 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iodides and Iodide Oxides in Lithuania

In 2022, approx. 4.9 tons of iodides and iodide oxideses were imported into Lithuania; jumping by 306% compared with the year before. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 791%. As a result, imports reached the peak of 14 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, iodides and iodide oxides imports surged to $271K in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,726%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Iodides and Iodide Oxides in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic0.10.10.12111182.6%
Netherlands6.813.79.929.162.4%
India26.713.324.211.3-24.9%
Poland4.03.81.82.6-13.4%
Austria0.51,1310.81.440.9%
VietnamN/A36.2N/AN/A0%
Others4.67.612.115.750.6%
Total42.71,20648.827185.1%

Top Suppliers of Iodides and Iodide Oxides to Lithuania in 2022:

  1. Czech Republic (4004.0 kg)
  2. Netherlands (503.0 kg)
  3. India (225.0 kg)
  4. Poland (84.0 kg)
  5. Austria (18.0 kg)

Exports of Iodides and Iodide Oxides in Lithuania

In 2022, exports of iodides and iodide oxideses from Lithuania surged to 4.1 tons, increasing by 49% compared with the previous year's figure. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 92% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, iodides and iodide oxides exports skyrocketed to $220K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Iodides and Iodide Oxides in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelarusN/A2.18.6213907.1%
Russia25.827.10.94.0-46.3%
ArmeniaN/A16.8N/AN/A0%
Croatia4.23.15.8N/A17.5%
IndiaN/AN/A64.3N/A0%
ItalyN/A31.3N/AN/A0%
Others2.83.20.93.02.3%
Total32.783.680.622088.8%

Top Export Markets for Iodides and Iodide Oxides from Lithuania in 2022:

  1. Russia (undefined tons)
  2. Belarus (4.0 tons)

Source: IndexBox Market Intelligence Platform

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