Lithuania: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in Lithuania

The Lithuanian anti-oxidising preparations market stood at less than $X in 2023, remaining constant against the previous year. Overall, consumption, however, saw a prominent expansion. As a result, consumption attained the peak level of $X. From 2017 to 2023, the growth of the market remained at a somewhat lower figure.

Anti-Oxidising Preparations Production in Lithuania

In value terms, anti-oxidising preparations production amounted to less than $X in 2023 estimated in export price. In general, production faced a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

Anti-Oxidising Preparations Exports

Exports from Lithuania

In 2016, approx. X tons of anti-oxidising preparations and other compounds stabilisers for rubber or plastics were exported from Lithuania; which is down by X% against the previous year. Over the period under review, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2016, the growth of the exports remained at a somewhat lower figure.

In value terms, anti-oxidising preparations exports reduced notably to $X in 2016. In general, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2016, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), Russia (X tons) and Kazakhstan (X tons) were the main destinations of anti-oxidising preparations exports from Lithuania, with a combined X% share of total exports.

From 2012 to 2016, the biggest increases were recorded for Russia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for anti-oxidising preparations and other compounds stabilisers for rubber or plastics exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2016, the average annual growth rate of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The average anti-oxidising preparations export price stood at $X per ton in 2016, with an increase of X% against the previous year. Over the period under review, the export price recorded a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2016, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced a decline.

Anti-Oxidising Preparations Imports

Imports into Lithuania

For the third consecutive year, Lithuania recorded growth in supplies from abroad of anti-oxidising preparations and other compounds stabilisers for rubber or plastics, which increased by X% to X tons in 2016. Overall, imports, however, recorded a significant decline. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2016, imports stood at a somewhat lower figure.

In value terms, anti-oxidising preparations imports reduced modestly to $X in 2016. Over the period under review, imports, however, saw a precipitous decline. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2016, imports stood at a somewhat lower figure.

Imports by Country

In 2016, Germany (X tons) constituted the largest supplier of anti-oxidising preparations to Lithuania, with a X% share of total imports. Moreover, anti-oxidising preparations imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was taken by Russia (X tons), with a X% share.

From 2012 to 2016, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X.1% per year) and Russia (X% per year).

In value terms, Germany ($X), Italy ($X) and France ($X) were the largest anti-oxidising preparations suppliers to Lithuania, with a combined X% share of total imports.

France, with a CAGR of X.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average anti-oxidising preparations import price stood at $X per ton in 2016, falling by X% against the previous year. In general, import price indicated a strong expansion from 2012 to 2016: its price increased at an average annual rate of X% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, anti-oxidising preparations import price decreased by X% against 2013 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2016, the average import prices failed to regain momentum.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform