Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Lithuania - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Lithuania (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Lithuania (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Lithuania
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Lithuania

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Lithuania (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $7,464 per ton in 2022, jumping by 26% against the previous year. Overall, the import price, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2020 an increase of 62% against the previous year. Over the period under review, average import prices reached the peak figure at $13,089 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Italy ($28,537 per ton), while the price for Poland ($2,433 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Lithuania (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $16,169 per ton in 2022, with an increase of 30% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 polymers, natural; alginic acid, its salts and esters, in primary formses increased by +113.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($56,480 per ton), while the average price for exports to Poland ($2,429 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 (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Lithuania

Imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Lithuania surged to 118 tons in 2022, growing by 116% against the previous year. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses soared to $883K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Lithuania in 2022:

1. Poland (70.1 tons)
2. France (23.5 tons)
3. Spain (11.2 tons)
4. Germany (6.4 tons)
5. Netherlands (5.6 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Lithuania

For the fourth year in a row, Lithuania recorded growth in shipments abroad of polymers, natural; alginic acid, its salts and esters, in primary formses, which increased by 49% to 42 tons in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 176% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $682K in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 328% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Lithuania in 2022:

1. Russia (35.1 tons)
2. Latvia (2.0 tons)
3. Poland (1.9 tons)
4. Algeria (1.0 tons)
5. Kazakhstan (0.5 tons)

Source: IndexBox Market Intelligence Platform