Salts; Tungstates (Wolframates) Price in Lithuania - 2021

Contents:

  1. Salts; Tungstates (Wolframates) Price in Lithuania (CIF) - 2022
  2. Salts; Tungstates (Wolframates) Imports in Lithuania

Salts; Tungstates (Wolframates) Price in Lithuania (CIF) - 2022

In 2022, the average salts; tungstates (wolframates) import price amounted to $526,000 per ton, increasing by 86% against the previous year. Overall, the import price showed a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 2,171%. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +13.4% per year.

Salts; Tungstates (Wolframates) Imports in Lithuania

In 2022, salts; tungstates (wolframates) imports into Lithuania totaled 3 kg, stabilizing at the previous year. In general, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 200% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, salts; tungstates (wolframates) imports surged to $1.6K in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 877%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Salts; Tungstates (Wolframates) in Lithuania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium28.0N/A54.053.023.7%
Germany15967.0765N/A119.3%
OthersN/A20.031.01,525773.2%
Total18787.08501,578103.6%

Top Suppliers of Salts; Tungstates (Wolframates) to Lithuania in 2022:

  1. Belgium (3.0 kg)

Source: IndexBox Market Intelligence Platform

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