Lithuania - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRare Gases Price in Lithuania - 2023
Contents:
- Rare Gases Price in Lithuania (CIF) - 2023
- Rare Gases Price in Lithuania (FOB) - 2022
- Rare Gases Imports in Lithuania
- Rare Gases Exports in Lithuania
Rare Gases Price in Lithuania (CIF) - 2023
The average rare gases import price stood at $50.1 per cubic meter in September 2023, with a decrease of -22.2% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 82% m-o-m. The import price peaked at $87.5 per cubic meter in June 2023; however, from July 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($72.3 per cubic meter), while the price for Latvia ($49.7 per cubic meter) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Rare Gases Price in Lithuania (FOB) - 2022
The average rare gases export price stood at $68 per cubic meter in 2022, which is down by -21.9% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 125%. Over the period under review, the average export prices hit record highs at $87 per cubic meter in 2021, and then fell significantly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($71 per cubic meter), while the average price for exports to Russia ($65 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.
Rare Gases Imports in Lithuania
In 2022, the amount of rare gases (excluding argon) imported into Lithuania skyrocketed to 31K cubic meters, rising by 34% on the previous year. Overall, imports, however, showed a sharp slump. Imports peaked at 83K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, rare gases imports soared to $931K in 2022. In general, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked at $1.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Rare Gases in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 246 | 220 | 281 | 486 | 25.5% |
| Poland | 525 | 147 | 234 | 296 | -17.4% |
| Germany | 1.9 | 7.5 | 18.9 | 46.2 | 189.7% |
| Austria | 163 | 217 | 233 | 39.8 | -37.5% |
| Czech Republic | 1.9 | 35.6 | 18.2 | 20.3 | 120.2% |
| France | 10.2 | N/A | N/A | N/A | 0% |
| Finland | 172 | N/A | N/A | N/A | 0% |
| Others | 16.2 | 3.8 | 0.4 | 42.4 | 37.8% |
| Total | 1,136 | 631 | 784 | 931 | -6.4% |
Top Suppliers of Rare Gases to Lithuania in 2022:
- Latvia (21.0K cubic meters)
- Poland (6.3K cubic meters)
- Germany (1.7K cubic meters)
- Czech Republic (0.9K cubic meters)
- Austria (0.8K cubic meters)
Rare Gases Exports in Lithuania
In 2022, shipments abroad of rare gases (excluding argon) was finally on the rise to reach 1K cubic meters after two years of decline. Over the period under review, exports, however, showed a precipitous decrease. Over the period under review, the exports hit record highs at 4.7K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, rare gases exports surged to $69K in 2022. Overall, exports, however, showed a sharp decrease. Over the period under review, the exports reached the maximum at $188K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Rare Gases in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 19.3 | 8.3 | 1.2 | 25.5 | 9.7% |
| Latvia | 167 | 11.0 | 25.4 | 21.7 | -49.3% |
| Belarus | 1.7 | 30.9 | 7.9 | 21.3 | 132.3% |
| Others | N/A | 2.4 | N/A | 0.4 | -59.2% |
| Total | 188 | 52.6 | 34.5 | 69.0 | -28.4% |
Top Export Markets for Rare Gases from Lithuania in 2022:
- Russia (394.0 cubic meters)
- Belarus (316.0 cubic meters)
- Latvia (305.0 cubic meters)
This report provides an in-depth analysis of the rare gases market 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 20111130 - Rare gases (excluding argon)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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