Lithuania: Market for Carbon Electrodes Not For Furnaces 2024

Market Size for Carbon Electrodes Not For Furnaces in Lithuania

The Lithuanian market for carbon electrodes not for furnaces dropped modestly to $X in 2022, falling by X% against the previous year. In general, consumption, however, showed significant growth. Carbon electrode not for furnaces consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Carbon Electrodes Not For Furnaces in Lithuania

In value terms, carbon electrode not for furnaces production shrank modestly to $X in 2022 estimated in export price. In general, production saw a abrupt contraction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Carbon Electrodes Not For Furnaces

Exports from Lithuania

In 2022, shipments abroad of carbon electrodes not for furnaces increased by X% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, carbon electrode not for furnaces exports fell sharply to $X in 2022. Overall, exports recorded resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for carbon electrode not for furnaces exports from Lithuania, with a X% share of total exports. Moreover, carbon electrode not for furnaces exports to the UK exceeded the volume sent to the second major destination, Estonia (X kg), twofold. The third position in this ranking was taken by Latvia (X kg), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Latvia (X% per year).

In value terms, Kazakhstan ($X), the UK ($X) and Estonia ($X) were the largest markets for carbon electrode not for furnaces exported from Lithuania worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for carbon electrodes not for furnaces amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced increase. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Norway ($X 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 Kazakhstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbon Electrodes Not For Furnaces

Imports into Lithuania

In 2022, the amount of carbon electrodes not for furnaces imported into Lithuania reduced to X tons, shrinking by X% on the previous year's figure. Overall, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, carbon electrode not for furnaces imports declined slightly to $X in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Latvia (X kg) and Poland (X kg) were the main suppliers of carbon electrode not for furnaces imports to Lithuania, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest carbon electrode not for furnaces suppliers to Lithuania were Latvia ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports.

Among the main suppliers, Latvia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for carbon electrodes not for furnaces amounted to $X per ton, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform