Lithuania: Market for Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters 2024

Market Size for Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters in Lithuania

After two years of decline, the Lithuanian market for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters increased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a deep setback. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters in Lithuania

In value terms, production of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters fell rapidly to $X in 2022 estimated in export price. Overall, production enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then contracted sharply in the following year.

Exports of Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters

Exports from Lithuania

In 2022, the amount of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters exported from Lithuania soared to X tons, with an increase of X% on the previous year's figure. Over the period under review, exports enjoyed a perceptible expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters shrank sharply to $X in 2022. Overall, exports posted a strong increase. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Kyrgyzstan (X tons) was the main destination for exports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters from Lithuania, with a X% share of total exports. Moreover, exports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters to Kyrgyzstan exceeded the volume sent to the second major destination, the UK (X kg), tenfold. Russia (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kyrgyzstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Russia (X% per year).

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

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

Export Prices by Country

The average export price for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price, however, saw buoyant growth. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then contracted sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kazakhstan ($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 Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters

Imports into Lithuania

In 2022, the amount of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters imported into Lithuania contracted markedly to X tons, which is down by X% compared with the year before. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters contracted dramatically to $X in 2022. In general, imports, however, continue to indicate perceptible growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Poland (X tons) and Denmark (X tons) were the main suppliers of imports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters to Lithuania, together accounting for X% of total imports. Belgium, the Czech Republic, France, Sweden and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Denmark ($X) constituted the largest derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters suppliers to Lithuania, together comprising X% of total imports. Belgium, Sweden, France, the Czech Republic and the Netherlands lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Belgium, with a CAGR of X%, recorded 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 derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters stood at $X per ton in 2022, with an increase of X% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price 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, import price for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 Sweden ($X per ton), while the price for the Czech Republic ($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