Report Update: May 1, 2024

Lithuania - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polyethylene in Primary Forms in Lithuania - 2023

Price for Polyethylene in Primary Forms in Lithuania (CIF) - 2023

In September 2023, the average polyethylene in primary forms import price amounted to $1,266 per ton, increasing by 4.2% against the previous month. Overall, the import price, however, showed a mild descent. The pace of growth appeared the most rapid in April 2023 an increase of 8.3% against the previous month. Over the period under review, average import prices hit record highs at $1,580 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Estonia ($1,651 per ton), while the price for Qatar ($927 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Estonia (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polyethylene in Primary Forms in Lithuania (FOB) - 2023

In September 2023, the average polyethylene in primary forms export price amounted to $1,174 per ton, increasing by 2.1% against the previous month. Over the period under review, the export price, however, recorded a slight reduction. The pace of growth was the most pronounced in December 2022 an increase of 5.2% against the previous month. The export price peaked at $1,487 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($2,236 per ton), while the average price for exports to Germany ($492 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene in Primary Forms in Lithuania

In 2022, the amount of polyethylene in primary forms imported into Lithuania declined significantly to 119K tons, which is down by -22.5% on 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of 153K tons, and then fell notably in the following year.

In value terms, polyethylene in primary forms imports declined rapidly to $205M in 2022. In general, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 143% against the previous year. As a result, imports attained the peak of $264M, and then contracted rapidly in the following year.

Import of Polyethylene in Primary Forms in Lithuania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	21.7	23.7	34.3	28.8	9.9%
Belgium	15.3	14.0	23.6	21.6	12.2%
Netherlands	7.6	7.5	14.4	18.8	35.2%
Qatar	7.9	3.9	10.3	16.5	27.8%
United Kingdom	2.7	2.9	10.4	13.8	72.3%
Russia	13.5	11.7	49.9	13.1	-1.0%
Estonia	7.1	4.4	8.1	11.3	16.8%
Latvia	7.9	6.7	11.6	10.3	9.2%
Poland	10.7	7.1	11.1	9.9	-2.6%
United States	3.2	1.3	0.7	8.9	40.6%
France	0.8	1.6	11.9	8.6	120.7%
Czech Republic	3.8	2.3	7.3	6.4	19.0%
Hungary	6.2	5.2	6.3	4.3	-11.5%
Others	25.4	16.3	64.0	32.7	8.8%
Total	134	109	264	205	15.2%

Top Suppliers of Polyethylene in Primary Forms to Lithuania in 2022:

Germany (14.5K tons)
Netherlands (11.4K tons)
Belgium (10.8K tons)
Qatar (10.7K tons)
United Kingdom (8.1K tons)
Russia (8.0K tons)
Estonia (7.0K tons)
Poland (6.9K tons)
Latvia (5.9K tons)
United States (5.1K tons)
France (4.7K tons)
Czech Republic (3.8K tons)
Hungary (2.6K tons)

Exports of Polyethylene in Primary Forms in Lithuania

In 2022, polyethylene in primary forms exports from Lithuania dropped notably to 64K tons, waning by -32.7% compared with 2021. Overall, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 110% against the previous year. As a result, the exports attained the peak of 95K tons, and then reduced dramatically in the following year.

In value terms, polyethylene in primary forms exports reduced dramatically to $106M in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 218%. As a result, the exports reached the peak of $156M, and then shrank rapidly in the following year.

Export of Polyethylene in Primary Forms in Lithuania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	10.0	8.5	53.0	20.9	27.9%
Latvia	9.3	9.3	17.1	13.6	13.5%
Estonia	11.7	8.5	16.5	13.3	4.4%
Sweden	1.2	2.5	9.5	12.3	117.2%
Italy	2.7	2.1	12.3	10.2	55.7%
Germany	1.7	1.7	12.6	8.8	73.0%
Belarus	4.8	4.1	4.4	6.5	10.6%
Finland	6.3	4.2	6.5	5.7	-3.3%
France	0.7	0.7	1.3	2.9	60.6%
Russia	1.6	1.5	1.9	2.4	14.5%
China	1.6	0.9	0.2	N/A	-64.6%
Others	4.2	5.0	20.7	9.4	30.8%
Total	55.8	49.1	156	106	23.8%

Top Export Markets for Polyethylene in Primary Forms from Lithuania in 2022:

China (undefinedK tons)
Poland (12.5K tons)
Latvia (8.3K tons)
Estonia (7.6K tons)
Sweden (7.4K tons)
Germany (7.0K tons)
Italy (6.4K tons)
Finland (2.9K tons)
Belarus (2.6K tons)
France (1.7K tons)
Russia (1.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polyethylene in primary forms in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms

Country coverage:

Lithuania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Lithuania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023