Lithuania: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in Lithuania

The Lithuanian vulcanised rubber erases market fell to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, saw a dramatic downturn. Vulcanised rubber erases consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Vulcanised Rubber Erases Production in Lithuania

In value terms, vulcanised rubber erases production surged to $X in 2022 estimated in export price. In general, production, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Vulcanised Rubber Erases Exports

Exports from Lithuania

Vulcanised rubber erases exports from Lithuania rose significantly to X tons in 2022, picking up by X% compared with the previous year. Over the period under review, exports posted notable growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, vulcanised rubber erases exports soared to $X in 2022. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for vulcanised rubber erases exports from Lithuania, with a X% share of total exports. Moreover, vulcanised rubber erases exports to Russia exceeded the volume sent to the second major destination, Belarus (X tons), more than tenfold. The third position in this ranking was taken by Latvia (X kg), with a X% share.

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

In value terms, Russia ($X) remains the key foreign market for erasers of vulcanised rubber exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

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

Export Prices by Country

In 2022, the average vulcanised rubber erases export price amounted to $X per ton, rising by X% against the previous year. In general, export price indicated a moderate increase 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, vulcanised rubber erases export price increased by X% against 2019 indices. The growth pace was the most rapid in 2014 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Poland ($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.

Vulcanised Rubber Erases Imports

Imports into Lithuania

Vulcanised rubber erases imports into Lithuania reached X tons in 2022, increasing by X% compared with 2021 figures. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, vulcanised rubber erases imports fell slightly to $X in 2022. Overall, imports posted a resilient increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Spain (X tons), China (X tons) and Latvia (X tons) were the main suppliers of vulcanised rubber erases imports to Lithuania, with a combined X% share of total imports. Turkey, Poland, Estonia, Denmark, the Czech Republic, France and Germany 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 Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), China ($X) and Latvia ($X) were the largest vulcanised rubber erases suppliers to Lithuania, with a combined X% share of total imports. Estonia, Poland, Turkey, Denmark, Germany, the Czech Republic and France lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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 vulcanised rubber erases import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, import price indicated a perceptible increase 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, vulcanised rubber erases import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

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 Estonia ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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