Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Lithuania - 2023

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Lithuania (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Lithuania (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Lithuania
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Lithuania

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Lithuania (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $13,384 per ton in 2022, with an increase of 22% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tubing; flexible, with or without fittings, of base metals increased by +69.0% against 2018 indices. The pace of growth appeared the most rapid in 2015 an increase of 43% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($42,327 per ton), while the price for Sweden ($7,261 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Lithuania (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $16,778 per ton in 2022, surging by 19% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 46% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($46,674 per ton), while the average price for exports to Russia ($12,171 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 Latvia (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Lithuania

In 2022, purchases abroad of tubing; flexible, with or without fittings, of base metals decreased by -6.4% to 259 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of 298 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tubing; flexible, with or without fittings, of base metals expanded significantly to $3.5M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 46%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Lithuania in 2022:

1. Poland (57.4 tons)
2. Sweden (48.7 tons)
3. Netherlands (31.1 tons)
4. Germany (20.1 tons)
5. South Korea (17.9 tons)
6. Ukraine (13.3 tons)
7. Estonia (12.8 tons)
8. Denmark (8.9 tons)
9. France (8.3 tons)
10. Latvia (7.4 tons)
11. Italy (5.9 tons)
12. Spain (5.3 tons)
13. China (4.7 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Lithuania

Exports of tubing; flexible, with or without fittings, of base metals from Lithuania dropped to 115 tons in 2022, reducing by -12.7% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of 132 tons, and then contracted in the following year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals rose to $1.9M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Lithuania in 2022:

1. Russia (54.4 tons)
2. Latvia (21.7 tons)
3. Estonia (9.7 tons)
4. Kazakhstan (5.9 tons)
5. Sweden (5.9 tons)
6. Norway (5.4 tons)
7. Finland (4.2 tons)
8. Belarus (1.7 tons)

Source: IndexBox Market Intelligence Platform