Report Update Nov 1, 2024

Lithuania - Phosphinates (Hypophosphites) and Phosphonates (Phosphites) - Market Analysis, Forecast, Size, Trends and Insights

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Lithuania: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in Lithuania

The Lithuanian phosphinates and phosphonates market dropped to $X in 2022, which is down by -7.6% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Phosphinates And Phosphonates Production in Lithuania

In value terms, phosphinates and phosphonates production declined to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 22%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Phosphinates And Phosphonates Exports

Exports from Lithuania

In 2022, approx. X tons of phosphinates (hypophosphites) and phosphonates (phosphites) were exported from Lithuania; dropping by -15.8% on 2021 figures. Overall, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2017 when exports increased by 491% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, phosphinates and phosphonates exports skyrocketed to $X in 2022. In general, exports, however, showed pronounced growth. The most prominent rate of growth was recorded in 2017 with an increase of 543% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for phosphinates and phosphonates exports from Lithuania, accounting for a 83% share of total exports. Moreover, phosphinates and phosphonates exports to Russia exceeded the volume sent to the second major destination, Latvia (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at +4.7%.

In value terms, Latvia ($X) and Russia ($X) were the largest markets for phosphinates and phosphonates exported from Lithuania worldwide.

Latvia, with a CAGR of +39.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average phosphinates and phosphonates export price stood at $X per ton in 2022, rising by 41% against the previous year. Overall, the export price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2015 when the average export price increased by 105% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+30.0%), while the prices for the other major destinations experienced mixed trend patterns.

Phosphinates And Phosphonates Imports

Imports into Lithuania

In 2022, supplies from abroad of phosphinates (hypophosphites) and phosphonates (phosphites) decreased by -2% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded a moderate increase. The pace of growth appeared the most rapid in 2015 with an increase of 506%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, phosphinates and phosphonates imports surged to $X in 2022. Overall, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 845% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest phosphinates and phosphonates supplier to Lithuania, accounting for a 79% share of total imports. Moreover, phosphinates and phosphonates imports from Germany exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +19.6%.

In value terms, Germany ($X) constituted the largest supplier of phosphinates (hypophosphites) and phosphonates (phosphites) to Lithuania, comprising 95% of total imports. The second position in the ranking was taken by Slovenia ($X), with a 3.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +33.7%.

Import Prices by Country

In 2022, the average phosphinates and phosphonates import price amounted to $X per ton, growing by 240% against the previous year. Overall, the import price showed a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Slovenia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.8%).

Source: IndexBox Platform

This report provides an in-depth analysis of the phosphinates and phosphonates market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20134220 - Phosphinates (hypophosphites) and phosphonates (phosphites)

Country coverage:

Lithuania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Lithuania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023