Lithuania - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Caustic Soda in the Solid Form in Lithuania - 2023
Contents:
- Price for Caustic Soda in the Solid Form in Lithuania (CIF) - 2023
- Price for Caustic Soda in the Solid Form in Lithuania (FOB) - 2023
- Imports of Caustic Soda in the Solid Form in Lithuania
- Exports of Caustic Soda in the Solid Form in Lithuania
Price for Caustic Soda in the Solid Form in Lithuania (CIF) - 2023
The average import price for caustic soda in the solid form stood at $875 per ton in September 2023, rising by 9.1% against the previous month. In general, the import price, however, showed a abrupt descent. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 35% month-to-month. Over the period under review, average import prices reached the maximum at $2,317 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Belgium ($13,289 per ton), while the price for Russia ($734 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Caustic Soda in the Solid Form in Lithuania (FOB) - 2023
In September 2023, the average export price for caustic soda in the solid form amounted to $1,051 per ton, remaining relatively unchanged against the previous month. Overall, the export price, however, showed a pronounced decline. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 18% m-o-m. The export price peaked at $1,986 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Finland ($1,532 per ton), while the average price for exports to Faroe Islands ($1,010 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 the Czech Republic (0.0%), while the prices for the other major destinations experienced a decline.
Imports of Caustic Soda in the Solid Form in Lithuania
After three years of growth, overseas purchases of caustic soda in the solid form decreased by -43.3% to 1.4K tons in 2022. Overall, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 82%. As a result, imports attained the peak of 2.5K tons, and then contracted notably in the following year.
In value terms, imports of caustic soda in the solid form contracted remarkably to $1.5M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 114%. As a result, imports attained the peak of $1.9M, and then contracted sharply in the following year.
| Import of Caustic Soda in the Solid Form in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 432 | 462 | 1,132 | 776 | 21.6% |
| Spain | 8.0 | N/A | 225 | 297 | 233.6% |
| China | 91.9 | 151 | 117 | 213 | 32.3% |
| Latvia | 51.6 | 1.8 | 1.7 | 79.5 | 15.5% |
| Poland | 24.3 | 71.5 | 24.4 | 49.1 | 26.4% |
| Czech Republic | 183 | 120 | 269 | 23.7 | -49.4% |
| Others | 25.9 | 61.6 | 90.6 | 82.7 | 47.3% |
| Total | 817 | 867 | 1,860 | 1,521 | 23.0% |
Top Suppliers of Caustic Soda in the Solid Form to Lithuania in 2022:
- Russia (693.1 tons)
- China (444.6 tons)
- Spain (137.1 tons)
- Latvia (57.9 tons)
- Poland (37.4 tons)
- Czech Republic (9.9 tons)
Exports of Caustic Soda in the Solid Form in Lithuania
In 2022, overseas shipments of caustic soda in the solid form decreased by -63.1% to 495 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a resilient increase. The growth pace was the most rapid in 2021 with an increase of 168%. As a result, the exports reached the peak of 1.3K tons, and then dropped sharply in the following year.
In value terms, exports of caustic soda in the solid form fell rapidly to $732K in 2022. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 221% against the previous year. As a result, the exports reached the peak of $1.2M, and then dropped dramatically in the following year.
| Export of Caustic Soda in the Solid Form in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 18.3 | 66.3 | 874 | 311 | 157.1% |
| Estonia | 48.3 | 52.3 | 81.3 | 162 | 49.7% |
| Finland | 95.2 | 108 | 127 | 85.2 | -3.6% |
| Latvia | 62.3 | 121 | 68.5 | 79.6 | 8.5% |
| Czech Republic | N/A | 15.3 | N/A | 44.2 | 70.0% |
| Slovakia | N/A | N/A | 21.9 | 32.2 | 47.0% |
| Russia | 39.8 | 13.3 | 38.7 | 14.0 | -29.4% |
| Others | 2.2 | 6.0 | 16.2 | 3.6 | 17.8% |
| Total | 266 | 382 | 1,228 | 732 | 40.1% |
Top Export Markets for Caustic Soda in the Solid Form from Lithuania in 2022:
- Poland (194.3 tons)
- Estonia (131.6 tons)
- Latvia (61.3 tons)
- Finland (52.5 tons)
- Czech Republic (23.0 tons)
- Slovakia (23.0 tons)
- Russia (9.3 tons)
This report provides an in-depth analysis of the market for caustic soda in the solid form 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 20132525 - Sodium hydroxide (caustic soda), solid
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
-
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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