Phenols; Phenol-Alcohols Price in Lithuania - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Lithuania (FOB) - 2022
- Phenols; Phenol-Alcohols Price in Lithuania (CIF) - 2022
- Phenols; Phenol-Alcohols Exports in Lithuania
- Phenols; Phenol-Alcohols Imports in Lithuania
Phenols; Phenol-Alcohols Price in Lithuania (FOB) - 2022
In 2022, the average phenols; phenol-alcohols export price amounted to $4,126 per ton, rising by 3.6% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenols; phenol-alcohols export price increased by +73.9% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 24%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,908 per ton), while the average price for exports to the UK ($3,075 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 Poland (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Lithuania (CIF) - 2022
The average phenols; phenol-alcohols import price stood at $2,863 per ton in 2022, with an increase of 5.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 26% against the previous year. Over the period under review, average import prices reached the peak figure at $2,911 per ton in 2013; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($2,620 per ton), while the price for Estonia amounted to $735 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-1.0%).
Phenols; Phenol-Alcohols Exports in Lithuania
For the fourth year in a row, Lithuania recorded growth in shipments abroad of phenols; phenol-alcoholses, which increased by 2% to 4.8K tons in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 802%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, phenols; phenol-alcohols exports amounted to $20M in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 868% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Phenols; Phenol-Alcohols in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 1,547 | 5,844 | 4,298 | 66.7% |
| United States | 27.1 | 335 | 4,001 | 1,992 | 318.9% |
| Belgium | 152 | 3,081 | N/A | 1,503 | 114.6% |
| Germany | 70.3 | 1,404 | 692 | 1,392 | 170.5% |
| Netherlands | 323 | 1,134 | 1,123 | 1,124 | 51.5% |
| Spain | 38.6 | 1,549 | 589 | 1,100 | 205.4% |
| France | 177 | 2,216 | N/A | 1,007 | 78.5% |
| Argentina | N/A | 125 | 1,086 | 604 | 119.8% |
| Italy | 64.6 | 123 | 69.3 | 544 | 103.4% |
| Guatemala | N/A | N/A | 0.2 | 513 | 256400.0% |
| Poland | 8.6 | 151 | 124 | 499 | 287.1% |
| Mexico | N/A | N/A | N/A | 432 | 0% |
| United Kingdom | 235 | 290 | 465 | 327 | 11.6% |
| Others | 288 | 1,442 | 4,681 | 4,403 | 148.2% |
| Total | 1,384 | 13,396 | 18,675 | 19,735 | 142.5% |
Top Export Markets for Phenols; Phenol-Alcohols from Lithuania in 2022:
- Brazil (1381.1 tons)
- Belgium (468.2 tons)
- Germany (353.7 tons)
- Spain (301.5 tons)
- France (287.6 tons)
- Netherlands (265.4 tons)
- United States (223.6 tons)
- Guatemala (153.6 tons)
- Argentina (151.6 tons)
- Italy (140.3 tons)
- Mexico (130.8 tons)
- United Kingdom (106.2 tons)
- Poland (80.2 tons)
Phenols; Phenol-Alcohols Imports in Lithuania
Phenols; phenol-alcohols imports into Lithuania rose remarkably to 5.2K tons in 2022, picking up by 13% on 2021. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 438%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, phenols; phenol-alcohols imports surged to $15M in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 577%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Phenols; Phenol-Alcohols in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.7 | 11.1 | 11.8 | 13.1 | 97.5% |
| Others | N/A | 0.6 | 0.7 | 1.7 | 68.3% |
| Total | 1.7 | 11.7 | 12.4 | 14.8 | 105.7% |
Top Suppliers of Phenols; Phenol-Alcohols to Lithuania in 2022:
- Russia (5.0K tons)
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