Price for Lustres; Liquid Lustres and Similar Preparations in Lithuania - 2023

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in Lithuania (FOB) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in Lithuania (CIF) - 2022
  3. Exports of Lustres; Liquid Lustres and Similar Preparations in Lithuania
  4. Imports of Lustres; Liquid Lustres and Similar Preparations in Lithuania

Price for Lustres; Liquid Lustres and Similar Preparations in Lithuania (FOB) - 2022

In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $71,408 per ton, with an increase of 10% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 lustres; liquid lustres and similar preparationses increased by +4.4% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices hit record highs at $84,376 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($219,544 per ton), while the average price for exports to Latvia ($17,275 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 (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Lustres; Liquid Lustres and Similar Preparations in Lithuania (CIF) - 2022

In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $41,241 per ton, shrinking by -26.4% against the previous year. Overall, the import price, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of 147%. Over the period under review, average import prices reached the maximum at $56,059 per ton in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($154,500 per ton), while the price for Italy ($14,283 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+229.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Lustres; Liquid Lustres and Similar Preparations in Lithuania

In 2022, after three years of growth, there was significant decline in shipments abroad of lustres; liquid lustres and similar preparationses, when their volume decreased by -75.8% to 7.6 tons. Overall, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 86% against the previous year. As a result, the exports attained the peak of 31 tons, and then declined rapidly in the following year.

In value terms, exports of lustres; liquid lustres and similar preparationses dropped notably to $543K in 2022. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 94% against the previous year. As a result, the exports attained the peak of $2M, and then declined markedly in the following year.

Export of Lustres; Liquid Lustres and Similar Preparations in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4968621,800253-20.1%
Belarus19512814586.7-23.7%
Latvia27.436.034.635.69.1%
Estonia5.010.620.914.341.9%
KazakhstanN/A9.58.912.916.5%
Others7.50.325.0140165.3%
Total7311,0472,034543-9.4%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Lithuania in 2022:

  1. Russia (4.2 tons)
  2. Latvia (2.1 tons)
  3. Belarus (0.4 tons)
  4. Estonia (0.4 tons)
  5. Kazakhstan (0.4 tons)

Imports of Lustres; Liquid Lustres and Similar Preparations in Lithuania

After three years of growth, purchases abroad of lustres; liquid lustres and similar preparationses decreased by -69.8% to 8.9 tons in 2022. Over the period under review, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 113%. As a result, imports attained the peak of 30 tons, and then contracted notably in the following year.

In value terms, imports of lustres; liquid lustres and similar preparationses dropped notably to $368K in 2022. In general, imports, however, posted a measured increase. The most prominent rate of growth was recorded in 2020 when imports increased by 124% against the previous year.

Import of Lustres; Liquid Lustres and Similar Preparations in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10021050532047.4%
Italy2175361,13243.7-41.4%
Spain9.6N/A14.8N/A24.2%
United Kingdom10.011.1N/AN/A11.0%
Others3.83.52.14.34.2%
Total3407611,6543682.7%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Lithuania in 2022:

  1. Germany (5.8 tons)
  2. Italy (3.1 tons)

Source: IndexBox Market Intelligence Platform

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