Price for Waste, Parings and Scrap, of Plastics in Lithuania - 2023

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Lithuania (CIF) - 2023
2. Price for Waste, Parings and Scrap, of Plastics in Lithuania (FOB) - 2022
3. Imports of Waste, Parings and Scrap, of Plastics in Lithuania
4. Exports of Waste, Parings and Scrap, of Plastics in Lithuania

Price for Waste, Parings and Scrap, of Plastics in Lithuania (CIF) - 2023

In October 2023, the average import price for waste, parings and scrap, of plasticses amounted to $252 per ton, with an increase of 8.8% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 28% against the previous month. As a result, import price attained the peak level of $306 per ton. From February 2023 to October 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($418 per ton), while the price for Norway ($81.0 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Denmark (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Waste, Parings and Scrap, of Plastics in Lithuania (FOB) - 2022

In 2022, the average export price for waste, parings and scrap, of plasticses amounted to $587 per ton, with an increase of 38% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 waste, parings and scrap, of plasticses increased by +106.3% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($1,192 per ton), while the average price for exports to Austria ($109 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 Romania (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Waste, Parings and Scrap, of Plastics in Lithuania

Imports of waste, parings and scrap, of plasticses into Lithuania dropped to 79K tons in 2022, waning by -8.6% on the previous year's figure. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.8% 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 +35.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 48%. As a result, imports reached the peak of 86K tons, and then fell in the following year.

In value terms, imports of waste, parings and scrap, of plasticses skyrocketed to $27M in 2022. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 116% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Lithuania in 2022:

1. Sweden (23.6K tons)
2. Latvia (16.5K tons)
3. Poland (9.3K tons)
4. Estonia (5.5K tons)
5. Norway (3.9K tons)
6. Finland (3.6K tons)
7. Belgium (3.6K tons)
8. Germany (3.1K tons)
9. United Kingdom (2.7K tons)

Exports of Waste, Parings and Scrap, of Plastics in Lithuania

In 2022, the amount of waste, parings and scrap, of plasticses exported from Lithuania fell to 37K tons, waning by -6.1% on 2021. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48%. As a result, the exports attained the peak of 39K tons, and then reduced in the following year.

In value terms, exports of waste, parings and scrap, of plasticses soared to $22M in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 57%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Lithuania in 2022:

1. Romania (10.4K tons)
2. Poland (8.6K tons)
3. Latvia (8.0K tons)
4. Italy (2.9K tons)
5. Spain (1.9K tons)
6. Germany (1.3K tons)
7. Austria (1.1K tons)

Source: IndexBox Market Intelligence Platform