Lithuania - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAbrasives Price in Lithuania - 2023
Contents:
- Abrasives Price in Lithuania (FOB) - 2022
- Abrasives Price in Lithuania (CIF) - 2022
- Abrasives Exports in Lithuania
- Abrasives Imports in Lithuania
Abrasives Price in Lithuania (FOB) - 2022
The average abrasives export price stood at $3,740 per ton in 2022, shrinking by -30.7% against the previous year. Over the period under review, the export price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 225%. The export price peaked at $5,395 per ton in 2021, and then dropped significantly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($6,536 per ton), while the average price for exports to Latvia ($1,754 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 (+29.8%), while the prices for the other major destinations experienced mixed trend patterns.
Abrasives Price in Lithuania (CIF) - 2022
The average abrasives import price stood at $1,798 per ton in 2022, increasing by 52% against the previous year. Over the period under review, the import price posted buoyant growth. The pace of growth appeared the most rapid in 2014 an increase of 269% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
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 Poland ($1,721 per ton), while the price for the United States ($755 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+26.2%), while the prices for the other major suppliers experienced a decline.
Abrasives Exports in Lithuania
Abrasives exports from Lithuania shrank sharply to 12 tons in 2022, declining by -58.5% against the year before. Over the period under review, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 64%. As a result, the exports reached the peak of 29 tons, and then shrank sharply in the following year.
In value terms, abrasives exports reduced sharply to $44K in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 101%. As a result, the exports reached the peak of $155K, and then shrank sharply in the following year.
Export of Abrasives in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 19.6 | 27.8 | 21.6 | 23.9 | 6.8% |
Russia | 18.7 | 44.6 | 118 | 11.2 | -15.7% |
Iraq | N/A | N/A | N/A | 3.5 | 0% |
Kazakhstan | 0.3 | 0.1 | 12.0 | 2.7 | 108.0% |
Latvia | 1.3 | 1.9 | 1.2 | 2.5 | 24.4% |
Uzbekistan | N/A | 0.2 | N/A | 0.3 | 22.5% |
Ukraine | 2.7 | 0.8 | N/A | N/A | -70.4% |
Others | 2.4 | 1.6 | 1.7 | 0.2 | -56.3% |
Total | 44.9 | 77.1 | 155 | 44.4 | -0.4% |
Top Export Markets for Abrasives from Lithuania in 2022:
- Belarus (5.3 tons)
- Russia (3.3 tons)
- Latvia (1.4 tons)
- Iraq (0.9 tons)
- Kazakhstan (0.4 tons)
- Uzbekistan (0.2 tons)
Abrasives Imports in Lithuania
After three years of growth, overseas purchases of abrasives (natural) decreased by -81.3% to 18 tons in 2022. In general, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. As a result, imports attained the peak of 98 tons, and then dropped rapidly in the following year.
In value terms, abrasives imports contracted sharply to $33K in 2022. Overall, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 345%. As a result, imports reached the peak of $116K, and then reduced markedly in the following year.
Import of Abrasives in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 5.7 | 7.5 | 43.8 | 6.4 | 3.9% |
Italy | 1.0 | 3.2 | 1.5 | 5.3 | 74.4% |
Finland | 6.4 | 2.9 | 5.2 | 4.1 | -13.8% |
United States | N/A | N/A | N/A | 2.8 | 0% |
Slovenia | 1.0 | 0.8 | 0.9 | 2.3 | 32.0% |
Germany | 1.9 | 3.6 | 45.5 | 1.7 | -3.6% |
Netherlands | N/A | N/A | N/A | 1.5 | 0% |
Estonia | N/A | 0.7 | 2.0 | 0.6 | -7.4% |
Others | 10.6 | 7.7 | 17.5 | 8.3 | -7.8% |
Total | 26.6 | 26.2 | 116 | 33.0 | 7.5% |
Top Suppliers of Abrasives to Lithuania in 2022:
- Poland (3.7 tons)
- United States (3.7 tons)
- Italy (3.1 tons)
- Netherlands (1.8 tons)
- Slovenia (1.7 tons)
- Germany (1.7 tons)
- Estonia (0.8 tons)
- Finland (0.6 tons)
This report provides an in-depth analysis of the abrasives market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives
- Prodcom 08992220 -
- Prodcom 08992230 -
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the abrasives market in Lithuania.
This report provides an in-depth analysis of the global abrasives market.
Global Natural Abrasives Market Report 2018. This report provides an in-depth analysis of the global natural abrasives market.
This report provides an in-depth analysis of the abrasives market in Lithuania.
This report provides an in-depth analysis of the global abrasives market.
Global Natural Abrasives Market Report 2018. This report provides an in-depth analysis of the global natural abrasives market.
The global abrasives market is growing rapidly, fueled by increasing demand in various industries such as automotive, construction, and metalworking. Discover the top import markets for abrasives based on import value, including the United States, Netherlands, United Kingdom, China, and the United Arab Emirates. Learn how these countries are driving the growth of the abrasive industry and how businesses can leverage these import markets through platforms like IndexBox.
Global abrasive imports stood at X tons in 2016, declining by -X% against the previous year level. Overall, abrasive imports continue to indicate a relatively flat trend pattern. The pace of gr...
Global abrasive imports stood at X tons in 2016, declining by -X% against the previous year level. Overall, abrasive imports continue to indicate a relatively flat trend pattern. The pace of gr...
The global natural abrasives trade amounted to X million USD in 2015, falling from X million USD in 2014. However, the previous gains allowed keeping the overall growth positive, with a CAGR of +X% from 2007 to 2015.
The global abrasives market is growing rapidly, fueled by increasing demand in various industries such as automotive, construction, and metalworking. Discover the top import markets for abrasives based on import value, including the United States, Netherlands, United Kingdom, China, and the United Arab Emirates. Learn how these countries are driving the growth of the abrasive industry and how businesses can leverage these import markets through platforms like IndexBox.