Lithuania - Non-Rolled Bitumen Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Rolled Bitumen Products Price in Lithuania - 2023
Contents:
- Non-Rolled Bitumen Products Price in Lithuania (FOB) - 2023
- Non-Rolled Bitumen Products Price in Lithuania (CIF) - 2022
- Non-Rolled Bitumen Products Exports in Lithuania
- Non-Rolled Bitumen Products Imports in Lithuania
Non-Rolled Bitumen Products Price in Lithuania (FOB) - 2023
The average non-rolled bitumen products export price stood at $565 per ton in September 2023, approximately equating the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 42% m-o-m. As a result, the export price reached the peak level of $776 per ton. From January 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Latvia ($870 per ton), while the average price for exports to Albania ($422 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Rolled Bitumen Products Price in Lithuania (CIF) - 2022
The average non-rolled bitumen products import price stood at $758 per ton in 2022, surging by 39% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $844 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Germany ($1,673 per ton), while the price for Russia ($376 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Rolled Bitumen Products Exports in Lithuania
In 2022, after three years of growth, there was significant decline in shipments abroad of non-rolled bitumen products, when their volume decreased by -27.4% to 34K tons. In general, total exports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 30% against the previous year.
In value terms, non-rolled bitumen products exports dropped to $16M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.6% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 33%.
Export of Non-Rolled Bitumen Products in Lithuania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.0 | 2.9 | 2.4 | 2.3 | 4.8% |
Poland | 1.8 | 2.0 | 2.0 | 2.2 | 6.9% |
Chile | 0.6 | 1.0 | 4.3 | 1.6 | 38.7% |
Latvia | 0.6 | 0.9 | 1.3 | 1.3 | 29.4% |
Czech Republic | 1.1 | 1.3 | 1.3 | 1.2 | 2.9% |
Belarus | N/A | N/A | N/A | 1.1 | 0% |
United Kingdom | 0.7 | 1.1 | 1.2 | 1.0 | 12.6% |
Hungary | 0.7 | 0.8 | 0.9 | 0.9 | 8.7% |
Estonia | 0.4 | 0.6 | 0.6 | 0.8 | 26.0% |
Spain | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
Slovakia | 0.4 | 0.5 | 0.5 | 0.5 | 7.7% |
Bulgaria | N/A | N/A | N/A | 0.4 | 0% |
Turkey | 0.4 | 0.2 | 0.3 | 0.3 | -9.1% |
Others | 2.0 | 2.7 | 2.8 | 2.2 | 3.2% |
Total | 11.1 | 14.7 | 18.5 | 16.4 | 13.9% |
Top Export Markets for Non-Rolled Bitumen Products from Lithuania in 2022:
- Germany (5.2K tons)
- Poland (4.7K tons)
- Chile (3.5K tons)
- Czech Republic (2.9K tons)
- Hungary (2.2K tons)
- United Kingdom (2.2K tons)
- Latvia (2.2K tons)
- Spain (1.3K tons)
- Belarus (1.2K tons)
- Estonia (1.1K tons)
- Slovakia (1.1K tons)
- Bulgaria (1.1K tons)
- Turkey (0.9K tons)
Non-Rolled Bitumen Products Imports in Lithuania
In 2022, the amount of non-rolled bitumen products imported into Lithuania amounted to 6.9K tons, picking up by 2.7% compared with 2021 figures. The total import volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 27%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, non-rolled bitumen products imports surged to $5.3M in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 65% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
Import of Non-Rolled Bitumen Products in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 215 | 270 | 394 | 1,065 | 70.5% |
Poland | 26.1 | 206 | 318 | 830 | 216.8% |
Germany | 307 | 883 | 554 | 745 | 34.4% |
Russia | 804 | 885 | 1,195 | 489 | -15.3% |
United States | 463 | 491 | 617 | 468 | 0.4% |
Turkey | 247 | 291 | 262 | 294 | 6.0% |
Luxembourg | N/A | N/A | N/A | 243 | 0% |
Others | 138 | 594 | 348 | 1,127 | 101.4% |
Total | 2,200 | 3,619 | 3,687 | 5,261 | 33.7% |
Top Suppliers of Non-Rolled Bitumen Products to Lithuania in 2022:
- Poland (1868.8 tons)
- Finland (1550.8 tons)
- Russia (1301.0 tons)
- United States (545.1 tons)
- Germany (445.2 tons)
- Luxembourg (307.5 tons)
- Turkey (231.0 tons)
This report provides an in-depth analysis of the non-rolled bitumen products 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 23991290 - Products based on bitumen (excluding in rolls)
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
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