Lithuania: Market for Bromides And Bromide Oxides, Iodides And Iodide Oxides 2024

Market Size for Bromides And Bromide Oxides, Iodides And Iodide Oxides in Lithuania

The Lithuanian market for bromides and bromide oxides, iodides and iodide oxides fell slightly to $X in 2022, remaining constant against the previous year. Overall, the total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Bromides And Bromide Oxides, Iodides And Iodide Oxides in Lithuania

In value terms, bromides, iodides and oxids thereof production declined to $X in 2022 estimated in export price. In general, production showed a mild downturn. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Bromides, iodides and oxids thereof production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports from Lithuania

In 2022, overseas shipments of bromides and bromide oxides, iodides and iodide oxides increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, bromides, iodides and oxids thereof exports skyrocketed to $X in 2022. Overall, exports, however, recorded a slight downturn. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X tons), Belarus (X tons) and Kazakhstan (X kg) were the main destinations of bromides, iodides and oxids thereof exports from Lithuania, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Belarus ($X) emerged as the key foreign market for bromides and bromide oxides, iodides and iodide oxides exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with an X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Belarus totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Poland (X% per year).

Export Prices by Country

The average export price for bromides and bromide oxides, iodides and iodide oxides stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price saw resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Kazakhstan ($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 Belarus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports into Lithuania

In 2022, approx. X tons of bromides and bromide oxides, iodides and iodide oxides were imported into Lithuania; rising by X% against the previous year's figure. Overall, imports posted buoyant growth. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, bromides, iodides and oxids thereof imports surged to $X in 2022. In general, imports recorded a remarkable increase. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X tons), the Czech Republic (X tons) and the Netherlands (X tons) were the main suppliers of bromides, iodides and oxids thereof imports to Lithuania, together accounting for X% of total imports.

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

In value terms, the Czech Republic ($X), Italy ($X) and the Netherlands ($X) were the largest bromides, iodides and oxids thereof suppliers to Lithuania, with a combined X% share of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to 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 import price for bromides and bromide oxides, iodides and iodide oxides stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 Germany ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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