Sulphites; Thiosulphates Price in Lithuania - 2023

Contents:

  1. Sulphites; Thiosulphates Price in Lithuania (CIF) - 2022
  2. Sulphites; Thiosulphates Price in Lithuania (FOB) - 2022
  3. Sulphites; Thiosulphates Imports in Lithuania
  4. Sulphites; Thiosulphates Exports in Lithuania

Sulphites; Thiosulphates Price in Lithuania (CIF) - 2022

The average sulphites; thiosulphates import price stood at $485 per ton in 2022, with a decrease of -13.6% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 34%. Over the period under review, average import prices reached the peak figure at $902 per ton in 2012; however, from 2013 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 ($941 per ton), while the price for Slovakia ($365 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.9%), while the prices for the other major suppliers experienced a decline.

Sulphites; Thiosulphates Price in Lithuania (FOB) - 2022

The average sulphites; thiosulphates export price stood at $758 per ton in 2022, growing by 85% against the previous year. In general, the export price, however, saw a deep downturn. The export price peaked at $1,643 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,023 per ton), while the average price for exports to Belarus ($662 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 Finland (+9.0%), while the prices for the other major destinations experienced a decline.

Sulphites; Thiosulphates Imports in Lithuania

In 2022, the amount of sulphites; thiosulphateses imported into Lithuania surged to 5.2K tons, picking up by 90% on the previous year's figure. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 111%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, sulphites; thiosulphates imports soared to $2.5M in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 117% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Sulphites; Thiosulphates in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SlovakiaN/A1195901,090202.6%
Belgium28229623867033.4%
Italy15999.899.123313.6%
Germany53.266.023313837.4%
Poland11.311.840.0121120.4%
France21.23.020745.328.8%
Others11.0113133237178.3%
Total5387091,5412,53567.6%

Top Suppliers of Sulphites; Thiosulphates to Lithuania in 2022:

  1. Slovakia (2988.3 tons)
  2. Belgium (1076.1 tons)
  3. Italy (402.3 tons)
  4. Poland (302.1 tons)
  5. Germany (146.3 tons)
  6. France (111.3 tons)

Sulphites; Thiosulphates Exports in Lithuania

In 2022, approx. 773 tons of sulphites; thiosulphateses were exported from Lithuania; increasing by 59% compared with 2021. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 731% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sulphites; thiosulphates exports surged to $586K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 338%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Sulphites; Thiosulphates in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus14.921.123.7218144.6%
Russia38.515.72.717465.3%
Latvia3.20.5160167273.7%
Finland5.27.310.011.831.4%
Others14.60.82.515.62.2%
Total76.545.519958697.1%

Top Export Markets for Sulphites; Thiosulphates from Lithuania in 2022:

  1. Belarus (328.6 tons)
  2. Latvia (251.0 tons)
  3. Russia (169.9 tons)
  4. Finland (13.2 tons)

Source: IndexBox Market Intelligence Platform

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