Lithuania: Fungicide And Bactericide Market 2024

Fungicide And Bactericide Market Size in Lithuania

In 2022, after two years of growth, there was decline in the Lithuanian fungicide and bactericide market, when its value decreased by X% to $X. Over the period under review, the total consumption indicated a prominent increase 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 2019 indices. Fungicide and bactericide consumption peaked at $X in 2021, and then reduced in the following year.

Fungicide And Bactericide Production in Lithuania

In value terms, fungicide and bactericide production declined sharply to $X in 2022 estimated in export price. Overall, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Fungicide and bactericide production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Fungicide And Bactericide Exports

Exports from Lithuania

Fungicide and bactericide exports from Lithuania dropped to X tons in 2022, which is down by X% compared with the previous year's figure. Over the period under review, total exports indicated tangible growth from 2012 to 2022: its volume 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, exports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, fungicide and bactericide exports contracted modestly to $X in 2022. In general, total exports indicated notable growth 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, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Latvia (X tons), Russia (X tons) and Austria (X tons) were the main destinations of fungicide and bactericide exports from Lithuania, together accounting for X% of total exports. France, Germany, Estonia, Georgia, Finland, Belgium, Croatia, Norway, Belarus and Uzbekistan lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for fungicide and bactericide exported from Lithuania were Austria ($X), Latvia ($X) and France ($X), with a combined X% share of total exports. Germany, Finland, Russia, Belgium, Estonia, Croatia, Norway, Belarus, Georgia and Uzbekistan lagged somewhat behind, together accounting for a further X%.

Norway, with a CAGR of X%, saw the highest growth rate of 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

The average fungicide and bactericide export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

Fungicide And Bactericide Imports

Imports into Lithuania

Fungicide and bactericide imports into Lithuania dropped to X tons in 2022, which is down by X% on 2021 figures. In general, total imports indicated a resilient expansion from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, fungicide and bactericide imports declined slightly to $X in 2022. Overall, total imports indicated a perceptible increase 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, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of fungicide and bactericide to Lithuania, accounting for a X% share of total imports. Moreover, fungicide and bactericide imports from Poland exceeded the figures recorded by the second-largest supplier, Austria (X tons), eightfold. Israel (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Israel (X% per year).

In value terms, Poland ($X) constituted the largest supplier of fungicides, bactericides and seed treatments to Lithuania, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Sweden (X% per year).

Import Prices by Country

In 2022, the average fungicide and bactericide import price amounted to $X per ton, remaining stable against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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