Lithuania: Market for Organic Derivatives Of Hydrazine Or Of Hydroxylamine 2024

Market Size for Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Lithuania

In 2022, the Lithuanian hydrazine and hydroxylamine derivatives market was finally on the rise to reach $X after four years of decline. Over the period under review, consumption, however, faced a drastic downturn. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Lithuania

In value terms, hydrazine and hydroxylamine derivatives production shrank dramatically to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 367% against the previous year. Hydrazine and hydroxylamine derivatives production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Exports from Lithuania

In 2022, the amount of organic derivatives of hydrazine or of hydroxylamine exported from Lithuania skyrocketed to X tons, surging by 4,926% compared with 2021. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydrazine and hydroxylamine derivatives exports soared to $X in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for hydrazine and hydroxylamine derivatives exports from Lithuania, accounting for a 91% share of total exports. Moreover, hydrazine and hydroxylamine derivatives exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at +32.9%.

In value terms, the largest markets for hydrazine and hydroxylamine derivatives exported from Lithuania were Kazakhstan ($X) and Russia ($X).

In terms of the main countries of destination, Russia, with a CAGR of +36.4%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average hydrazine and hydroxylamine derivatives export price amounted to $X per ton, picking up by 76% against the previous year. Overall, the export price saw a measured increase. The most prominent rate of growth was recorded in 2019 an increase of 173% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas 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 Russia (+2.6%).

Imports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Imports into Lithuania

In 2022, supplies from abroad of organic derivatives of hydrazine or of hydroxylamine increased by 438% to X tons, rising for the second consecutive year after three years of decline. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydrazine and hydroxylamine derivatives imports surged to $X in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 307%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of hydrazine and hydroxylamine derivatives to Lithuania, accounting for a 64% share of total imports. Moreover, hydrazine and hydroxylamine derivatives imports from Spain exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +86.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+26.6% per year) and Latvia (+79.6% per year).

In value terms, Latvia ($X) constituted the largest supplier of organic derivatives of hydrazine or of hydroxylamine to Lithuania, comprising 53% of total imports. The second position in the ranking was taken by Spain ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Latvia stood at +84.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+71.2% per year) and Poland (+24.1% per year).

Import Prices by Country

In 2022, the average hydrazine and hydroxylamine derivatives import price amounted to $X per ton, shrinking by -71.3% against the previous year. Overall, the import price, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 411%. The import price peaked at $X per ton in 2021, and then fell sharply in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform