Lithuania: Activated Carbon Market 2024

Activated Carbon Market Size in Lithuania

In 2022, the Lithuanian activated carbon market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption showed significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Activated Carbon Exports

Exports from Lithuania

In 2022, shipments abroad of activated carbon decreased by X% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, activated carbon exports fell dramatically to $X in 2022. In general, exports, however, showed a prominent increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons), Kazakhstan (X tons) and Uzbekistan (X tons) were the main destinations of activated carbon exports from Lithuania, with a combined X% share of total exports. Belarus, Ukraine, Chile, Moldova, Serbia and Latvia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Moldova (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for activated carbon exported from Lithuania were Kazakhstan ($X), Russia ($X) and Uzbekistan ($X), together accounting for X% of total exports. Chile, Belarus, Ukraine, Moldova, Serbia and Latvia lagged somewhat behind, together comprising a further X%.

Moldova, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average activated carbon export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Latvia ($X 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 Kazakhstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Activated Carbon Imports

Imports into Lithuania

In 2022, supplies from abroad of activated carbon increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, activated carbon imports skyrocketed to $X in 2022. Overall, imports posted a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), Sri Lanka (X tons) and Germany (X tons) were the main suppliers of activated carbon imports to Lithuania, with a combined X% share of total imports. Vietnam, Belgium, Belarus, the Netherlands, China and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Sri Lanka ($X) and Vietnam ($X) constituted the largest activated carbon suppliers to Lithuania, with a combined X% share of total imports. Germany, Belgium, the Netherlands, China, Poland and Belarus lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average activated carbon import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 the Netherlands ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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