Lithuania: Market for High-Tenacity Filament Yarn Of Aramids 2025

Market Size for High-Tenacity Filament Yarn Of Aramids in Lithuania

The Lithuanian high-tenacity filament aramids yarn market surged to $X in 2022, rising by 21% against the previous year. In general, consumption, however, saw a pronounced contraction. High-tenacity filament aramids yarn consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of High-Tenacity Filament Yarn Of Aramids in Lithuania

In value terms, high-tenacity filament aramids yarn production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 40% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of High-Tenacity Filament Yarn Of Aramids

Exports from Lithuania

In 2022, shipments abroad of high-tenacity filament yarn of aramids decreased by -24.2% to X kg, falling for the third year in a row after two years of growth. Overall, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 15,004,700% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, high-tenacity filament aramids yarn exports fell notably to $X in 2022. Over the period under review, exports, however, saw a perceptible increase. The growth pace was the most rapid in 2015 when exports increased by 11,146,905% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X kg) was the main destination for high-tenacity filament aramids yarn exports from Lithuania, with a 84% share of total exports. Moreover, high-tenacity filament aramids yarn exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X kg), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +108.2%.

In value terms, Russia ($X) remains the key foreign market for high-tenacity filament yarn of aramids exports from Lithuania, comprising 77% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +101.3%.

Export Prices by Country

The average high-tenacity filament aramids yarn export price stood at $X per ton in 2022, reducing by -1.5% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-1.9%).

Imports of High-Tenacity Filament Yarn Of Aramids

Imports into Lithuania

In 2022, purchases abroad of high-tenacity filament yarn of aramids increased by 135% to X tons, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 129,496% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, high-tenacity filament aramids yarn imports surged to $X in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 34,359% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) was the main high-tenacity filament aramids yarn supplier to Lithuania, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at +56.5%.

In value terms, the Netherlands ($X) constituted the largest supplier of high-tenacity filament yarn of aramids to Lithuania.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at +46.2%.

Import Prices by Country

The average high-tenacity filament aramids yarn import price stood at $X per ton in 2022, with an increase of 27% against the previous year. In general, the import price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 an increase of 489% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +0.6% per year.

Source: IndexBox Platform