Price for Lecithins and Other Phosphoaminolipids in Lithuania - 2023

Contents:

1. Price for Lecithins and Other Phosphoaminolipids in Lithuania (CIF) - 2023
2. Price for Lecithins and Other Phosphoaminolipids in Lithuania (FOB) - 2023
3. Imports of Lecithins and Other Phosphoaminolipids in Lithuania
4. Exports of Lecithins and Other Phosphoaminolipids in Lithuania

Price for Lecithins and Other Phosphoaminolipids in Lithuania (CIF) - 2023

The average lecithins and other phosphoaminolipids import price stood at $1,760 per ton in November 2023, surging by 9.5% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 36% month-to-month. Over the period under review, average import prices attained the peak figure at $2,500 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($9,352 per ton), while the price for the Netherlands ($1,196 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belarus (+9.4%), while the prices for the other major suppliers experienced a decline.

Price for Lecithins and Other Phosphoaminolipids in Lithuania (FOB) - 2023

The average lecithins and other phosphoaminolipids export price stood at $1,571 per ton in November 2023, waning by -6.4% against the previous month. Over the period under review, the export price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 105% against the previous month. Over the period under review, the average export prices attained the peak figure at $6,537 per ton in February 2023; however, from March 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Italy ($3,973 per ton), while the average price for exports to Latvia ($1,442 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+53.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lecithins and Other Phosphoaminolipids in Lithuania

For the fourth year in a row, Lithuania recorded growth in purchases abroad of lecithins and other phosphoaminolipidses, which increased by 99% to 2.1K tons in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lecithins and other phosphoaminolipids imports surged to $4.7M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Lecithins and Other Phosphoaminolipids to Lithuania in 2022:

1. Netherlands (1253.1 tons)
2. Ukraine (270.1 tons)
3. Belarus (232.3 tons)
4. United States (169.6 tons)
5. Spain (81.1 tons)
6. Russia (42.9 tons)
7. Germany (19.2 tons)

Exports of Lecithins and Other Phosphoaminolipids in Lithuania

After three years of growth, overseas shipments of lecithins and other phosphoaminolipidses decreased by -8.5% to 1.1K tons in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year.

In value terms, lecithins and other phosphoaminolipids exports skyrocketed to $3.2M in 2022. In general, exports, however, showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Lecithins and Other Phosphoaminolipids from Lithuania in 2022:

1. Latvia (464.3 tons)
2. Netherlands (195.6 tons)
3. Poland (189.8 tons)
4. Slovakia (138.9 tons)
5. Germany (62.0 tons)
6. Estonia (48.4 tons)

Source: IndexBox Market Intelligence Platform