Sulphites; of Sodium Price in Lithuania - 2023

Sulphites; of Sodium Price in Lithuania (CIF) - 2022

The average sulphites; of sodium import price stood at $662 per ton in 2022, increasing by 82% against the previous year. In general, the import price, however, showed a perceptible shrinkage. Over the period under review, average import prices attained the peak figure at $826 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($993 per ton), while the price for Italy ($294 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; of Sodium Price in Lithuania (FOB) - 2022

In 2022, the average sulphites; of sodium export price amounted to $1,207 per ton, rising by 80% against the previous year. Overall, the export price, however, continues to indicate a mild setback. The export price peaked at $1,371 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,710 per ton), while the average price for exports to Latvia ($437 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 (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphites; of Sodium Imports in Lithuania

In 2022, supplies from abroad of sulphites; of sodia decreased by -1.6% to 403 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 19%. As a result, imports reached the peak of 445 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sulphites; of sodium imports skyrocketed to $267K in 2022. Overall, imports, however, enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sulphites; of Sodium in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	7.1	6.9	18.3	93.0	135.7%
Italy	88.3	89.9	94.0	56.1	-14.0%
Turkey	N/A	22.0	14.7	50.8	52.0%
Finland	6.1	5.6	9.1	7.2	5.7%
United Kingdom	0.4	7.9	0.5	0.9	31.0%
Others	1.2	7.2	12.3	58.6	265.5%
Total	103	139	149	267	37.4%

Top Suppliers of Sulphites; of Sodium to Lithuania in 2022:

Italy (190.9 tons)
Poland (119.7 tons)
Turkey (72.0 tons)
Finland (7.3 tons)
United Kingdom (3.3 tons)

Sulphites; of Sodium Exports in Lithuania

In 2022, approx. 95 tons of sulphites; of sodia were exported from Lithuania; with an increase of 376% compared with the year before. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; of sodium exports surged to $115K in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sulphites; of Sodium in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	2.3	4.7	N/A	49.7	178.5%
Belarus	10.0	21.0	0.3	42.1	61.5%
Finland	5.2	7.3	10.0	11.8	31.4%
Latvia	2.5	N/A	2.2	5.5	30.1%
Estonia	N/A	0.8	0.8	4.2	129.1%
Kazakhstan	9.7	N/A	0.1	1.2	-50.2%
Others	0.3	N/A	0.1	N/A	-42.3%
Total	30.1	33.8	13.4	115	56.3%