Sodium Triphosphate Price in Lithuania - 2023
Contents:
- Sodium Triphosphate Price in Lithuania (CIF) - 2022
- Sodium Triphosphate Price in Lithuania (FOB) - 2022
- Sodium Triphosphate Imports in Lithuania
- Sodium Triphosphate Exports in Lithuania
Sodium Triphosphate Price in Lithuania (CIF) - 2022
The average sodium triphosphate import price stood at $2,259 per ton in 2022, increasing by 46% against the previous year. In general, the import price continues to indicate strong growth. The growth pace was the most rapid in 2017 when the average import price increased by 76% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Slovenia ($3,589 per ton), while the price for Ireland ($1,659 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Triphosphate Price in Lithuania (FOB) - 2022
In 2022, the average sodium triphosphate export price amounted to $2,340 per ton, rising by 24% against the previous year. Over the period under review, the export price saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 an increase of 145%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($3,559 per ton), while the average price for exports to Latvia ($1,656 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 Russia (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Triphosphate Imports in Lithuania
In 2022, sodium triphosphate imports into Lithuania surged to 168 tons, picking up by 40% on the previous year. Overall, imports, however, continue to indicate a perceptible downturn.
In value terms, sodium triphosphate imports soared to $380K in 2022. Over the period under review, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Triphosphate in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 66.7 | 78.4 | 91.1 | 109 | 17.8% |
| Belgium | 20.8 | 37.4 | 62.3 | 105 | 71.5% |
| Germany | 0.1 | 1.8 | 10.5 | 93.6 | 878.2% |
| Slovenia | N/A | N/A | N/A | 28.7 | 0% |
| China | 52.2 | 91.4 | N/A | 20.3 | -27.0% |
| Ireland | N/A | N/A | N/A | 16.6 | 0% |
| Czech Republic | 43.7 | 13.2 | 0.8 | 6.1 | -48.1% |
| Russia | 38.8 | 35.9 | 19.1 | N/A | -29.8% |
| Others | 12.1 | 2.8 | 2.5 | 0.3 | -70.8% |
| Total | 234 | 261 | 186 | 380 | 17.5% |
Top Suppliers of Sodium Triphosphate to Lithuania in 2022:
- Poland (61.0 tons)
- Belgium (45.0 tons)
- Germany (31.0 tons)
- Ireland (10.0 tons)
- China (10.0 tons)
- Slovenia (8.0 tons)
- Czech Republic (3.1 tons)
Sodium Triphosphate Exports in Lithuania
Sodium triphosphate exports from Lithuania soared to 66 tons in 2022, rising by 102% against 2021. Overall, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sodium triphosphate exports surged to $155K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sodium Triphosphate in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 47.4 | 46.5 | 46.8 | 63.9 | 10.5% |
| Kazakhstan | 1.2 | N/A | 1.7 | 36.4 | 211.9% |
| Russia | 27.1 | 6.5 | 9.6 | 33.7 | 7.5% |
| United Arab Emirates | N/A | N/A | N/A | 19.1 | 0% |
| Latvia | 0.6 | 1.1 | 3.2 | 1.7 | 41.5% |
| Estonia | 7.1 | 0.5 | 0.4 | N/A | -76.3% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | 83.3 | 54.6 | 61.8 | 155 | 23.0% |
Top Export Markets for Sodium Triphosphate from Lithuania in 2022:
- Finland (29.0 tons)
- Russia (15.9 tons)
- Kazakhstan (10.2 tons)
- United Arab Emirates (10.0 tons)
- Latvia (1.0 tons)
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