Lithuania: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Lithuania

In 2022, the Lithuanian cyclanic, cyclenic hydrocarbons derivatives market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, the total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Cyclanic, cyclenic hydrocarbons derivatives consumption peaked at $X in 2014; afterwards, it flattened through to 2022.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Lithuania

In value terms, cyclanic, cyclenic hydrocarbons derivatives production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 2.9%. Cyclanic, cyclenic hydrocarbons derivatives production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from Lithuania

In 2022, shipments abroad of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons decreased by -95.7% to X kg for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports showed a sharp downturn. The growth pace was the most rapid in 2018 with an increase of 76%. As a result, the exports attained the peak of X kg. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports skyrocketed to $X in 2022. In general, exports, however, recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan (X kg) was the main destination for cyclanic, cyclenic hydrocarbons derivatives exports from Lithuania, with a approx. 100% share of total exports.

From 2017 to 2022, the average annual growth rate of volume to Uzbekistan was relatively modest.

In value terms, Uzbekistan ($X) emerged as the key foreign market for halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons exports from Lithuania.

From 2017 to 2022, the average annual rate of growth in terms of value to Uzbekistan was relatively modest.

Export Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives export price stood at $X per kg in 2022, growing by 8,233% against the previous year. Over the period under review, the export price posted significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2017 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +88.7% per year.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into Lithuania

In 2022, supplies from abroad of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons increased by 150% to X kg, rising for the second year in a row after two years of decline. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 350% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports soared to $X in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 1,028%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Belgium (X kg), Germany (X kg) and Poland (X kg) were the main suppliers of cyclanic, cyclenic hydrocarbons derivatives imports to Lithuania, with a combined 90% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +150.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclanic, cyclenic hydrocarbons derivatives suppliers to Lithuania were Turkey ($X), Germany ($X) and Belgium ($X), together comprising 95% of total imports.

Germany, with a CAGR of +22.7%, saw the highest growth rate of the value of imports, among the main suppliers 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 cyclanic, cyclenic hydrocarbons derivatives import price amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price recorded a prominent expansion. The growth pace was the most rapid in 2021 an increase of 401% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+40.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform