Price for Poly(Lactic Acid); in Primary Forms in Lithuania - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Lithuania (FOB) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Lithuania (CIF) - 2022
  3. Exports of Poly(Lactic Acid); in Primary Forms in Lithuania
  4. Imports of Poly(Lactic Acid); in Primary Forms in Lithuania

Price for Poly(Lactic Acid); in Primary Forms in Lithuania (FOB) - 2022

The average export price for poly(lactic acid); in primary formses stood at $3,422 per ton in 2022, dropping by -1.7% against the previous year. Over the period under review, the export price saw a abrupt contraction. The growth pace was the most rapid in 2020 when the average export price increased by 33%. The export price peaked at $7,958 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($3,497 per ton), while the average price for exports to Kazakhstan stood at $3,123 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-5.4%).

Price for Poly(Lactic Acid); in Primary Forms in Lithuania (CIF) - 2022

The average import price for poly(lactic acid); in primary formses stood at $3,910 per ton in 2022, declining by -30% against the previous year. Over the period under review, the import price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 87%. As a result, import price reached the peak level of $5,589 per ton, and then shrank markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($9,440 per ton), while the price for Italy ($3,170 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+42.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Poly(Lactic Acid); in Primary Forms in Lithuania

In 2022, exports of poly(lactic acid); in primary formses from Lithuania amounted to 58 tons, increasing by 5.1% compared with the year before. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 15% against the previous year. As a result, the exports attained the peak of 61 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, poly(lactic acid); in primary forms exports rose modestly to $199K in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 53% against the previous year. As a result, the exports reached the peak of $233K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Poly(Lactic Acid); in Primary Forms in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1522331881622.1%
KazakhstanN/AN/AN/A36.40%
ItalyN/AN/A4.5N/A0%
OthersN/AN/AN/AN/A0%
Total1522331921999.4%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Lithuania in 2022:

  1. Russia (46.4 tons)
  2. Kazakhstan (11.7 tons)

Imports of Poly(Lactic Acid); in Primary Forms in Lithuania

In 2022, supplies from abroad of poly(lactic acid); in primary formses increased by 8,869% to 38 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt downturn.

In value terms, poly(lactic acid); in primary forms imports soared to $148K in 2022. Overall, imports, however, showed a relatively flat trend pattern.

Import of Poly(Lactic Acid); in Primary Forms in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.10.10.477.6147.8%
Italy15.6N/A0.963.859.9%
Slovakia113N/AN/A4.3-66.4%
NetherlandsN/A102N/A0.9-90.6%
Bulgaria15.5N/AN/AN/A0%
Poland1.51.4N/AN/A-6.7%
Others0.41.51.01.035.7%
Total1511052.4148-0.7%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Lithuania in 2022:

  1. Italy (20.1 tons)
  2. Germany (16.8 tons)
  3. Slovakia (0.5 tons)
  4. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform

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