Lithuania: Peroxosulphates Market 2024

Peroxosulphates Market Size in Lithuania

In 2022, after three years of growth, there was significant decline in the Lithuanian peroxosulphates market, when its value decreased by X% to $X. In general, consumption, however, recorded pronounced growth. Peroxosulphates consumption peaked at $X in 2021, and then shrank markedly in the following year.

Peroxosulphates Production in Lithuania

In value terms, peroxosulphates production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X,900% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Peroxosulphates Exports

Exports from Lithuania

In 2022, the amount of peroxosulphates (persulphates) exported from Lithuania fell notably to X tons, reducing by X% on the previous year's figure. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, peroxosulphates exports reduced markedly to $X in 2022. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for peroxosulphates exports from Lithuania, with a X% share of total exports. Moreover, peroxosulphates exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to 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).

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

From 2012 to 2022, the average annual growth rate of value to Russia was relatively modest. 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

The average peroxosulphates export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, export price indicated a modest 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, peroxosulphates export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Belarus ($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 Poland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Peroxosulphates Imports

Imports into Lithuania

After four years of growth, purchases abroad of peroxosulphates (persulphates) decreased by X% to X tons in 2022. In general, imports recorded a mild contraction. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2021, and then fell markedly in the following year.

In value terms, peroxosulphates imports reduced notably to $X in 2022. Overall, imports, however, saw a mild expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

Hungary (X tons), Slovenia (X tons) and Belgium (X tons) were the main suppliers of peroxosulphates imports to Lithuania, together accounting for X% of total imports.

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

In value terms, Belgium ($X), Hungary ($X) and Slovenia ($X) appeared to be the largest peroxosulphates suppliers to Lithuania, with a combined X% share of total imports.

In terms of the main suppliers, Belgium, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average peroxosulphates import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price recorded a temperate expansion. The import price peaked 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 Belgium ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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