Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Lithuania - 2023
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Lithuania (CIF) - 2022
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Lithuania (FOB) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Lithuania
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Lithuania
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Lithuania (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $5,583 per ton in 2022, jumping by 21% against the previous year. Over the period under review, the import price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of 46%. Over the period under review, average import prices reached the maximum at $7,058 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($8,632 per ton), while the price for Germany amounted to $3,739 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-6.7%).
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Lithuania (FOB) - 2022
In 2022, the average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $6,301 per ton, almost unchanged from the previous year. In general, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of 83%. The export price peaked at $11,987 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($6,708 per ton), while the average price for exports to Germany ($3,800 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Lithuania
Imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses into Lithuania declined remarkably to 744 kg in 2022, shrinking by -20.3% compared with the previous year's figure. In general, imports showed a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 256% against the previous year.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses shrank to $4.2K in 2022. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 270%.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 1.1 | 2.2 | 100.0% |
| Germany | 9.8 | 0.8 | 3.2 | 1.8 | -43.2% |
| Belgium | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Others | N/A | 0.2 | N/A | 0.1 | -29.3% |
| Total | 10.0 | 1.2 | 4.3 | 4.2 | -25.1% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Lithuania in 2022:
- Germany (486.0 kg)
- United Kingdom (258.0 kg)
Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Lithuania
In 2022, approx. 459 kg of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses were exported from Lithuania; which is down by -91.3% compared with the year before. In general, exports faced a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 516% against the previous year. As a result, the exports attained the peak of 5.3 tons, and then declined dramatically in the following year.
In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses dropped significantly to $2.9K in 2022. Over the period under review, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 405% against the previous year. As a result, the exports attained the peak of $33K, and then reduced rapidly in the following year.
| Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 0.7 | 0.8 | 5.7 | 2.4 | 50.8% |
| Belarus | 7.0 | 0.1 | N/A | 0.2 | -69.4% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| Russia | 4.5 | 5.6 | 27.2 | N/A | 145.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.2 | 6.5 | 32.9 | 2.9 | -38.1% |
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Lithuania in 2022:
- Latvia (359.0 kg)
- Germany (55.0 kg)
- Belarus (45.0 kg)
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