Price for Powders of Pig Iron in Lithuania - 2023

Contents:

1. Price for Powders of Pig Iron in Lithuania (CIF) - 2022
2. Price for Powders of Pig Iron in Lithuania (FOB) - 2022
3. Imports of Powders of Pig Iron in Lithuania
4. Exports of Powders of Pig Iron in Lithuania

Price for Powders of Pig Iron in Lithuania (CIF) - 2022

The average powders of pig iron import price stood at $16,050 per ton in 2022, with an increase of 106% against the previous year. Overall, the import price, however, saw a mild curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 793%. The import price peaked at $18,426 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($27,981 per ton), while the price for Poland ($3,278 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Powders of Pig Iron in Lithuania (FOB) - 2022

The average powders of pig iron export price stood at $3,377 per ton in 2022, reducing by -50.2% against the previous year. Overall, the export price continues to indicate a abrupt decline. The growth pace was the most rapid in 2013 when the average export price increased by 78%. The export price peaked at $14,594 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Russia ($3,546 per ton), while the average price for exports to Norway ($1,503 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 Estonia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Powders of Pig Iron in Lithuania

In 2022, supplies from abroad of powders of pig ira decreased by -65% to 615 kg, falling for the second consecutive year after two years of growth. Overall, imports faced a precipitous decline. The growth pace was the most rapid in 2020 when imports increased by 1.6% against the previous year. As a result, imports attained the peak of 21 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, powders of pig iron imports dropped rapidly to $9.9K in 2022. Over the period under review, imports faced a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 2.3% against the previous year. As a result, imports reached the peak of $18K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Powders of Pig Iron to Lithuania in 2022:

1. China (156.0 kg)
2. United Kingdom (142.0 kg)
3. Russia (118.0 kg)
4. Netherlands (98.0 kg)
5. Germany (81.0 kg)
6. Poland (18.0 kg)

Exports of Powders of Pig Iron in Lithuania

For the third consecutive year, Lithuania recorded decline in overseas shipments of powders of pig ira, which decreased by -52.1% to 2.1 tons in 2022. Overall, exports saw a significant contraction. The smallest decline of -36.2% was in 2021.

In value terms, powders of pig iron exports contracted notably to $7.2K in 2022. In general, exports faced a sharp decrease. The smallest decline of -46% was in 2020.

Top Export Markets for Powders of Pig Iron from Lithuania in 2022:

1. Russia (1490.0 kg)
2. Latvia (471.0 kg)
3. Norway (175.0 kg)

Source: IndexBox Market Intelligence Platform