Lithuania: Polyvinyl Chloride Market 2025

Polyvinyl Chloride Market Size in Lithuania

In 2022, the Lithuanian polyvinyl chloride market decreased by -27.6% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Polyvinyl chloride consumption peaked at $X in 2021, and then contracted markedly in the following year.

Polyvinyl Chloride Production in Lithuania

In value terms, polyvinyl chloride production rose sharply to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of 34%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Polyvinyl Chloride Exports

Exports from Lithuania

In 2022, shipments abroad of polyvinyl chloride increased by 17% to X tons, rising for the third year in a row after three years of decline. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 174%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, polyvinyl chloride exports expanded rapidly to $X in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 278%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Poland (X tons) was the main destination for polyvinyl chloride exports from Lithuania, with a 79% share of total exports. Moreover, polyvinyl chloride exports to Poland exceeded the volume sent to the second major destination, Belarus (X tons), more than tenfold. Germany (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume to Poland totaled +64.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+9.4% per year) and Germany (+34.7% per year).

In value terms, Poland ($X) remains the key foreign market for polyvinyl chloride exports from Lithuania, comprising 73% of total exports. The second position in the ranking was held by Belarus ($X), with an 11% share of total exports. It was followed by Russia, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland stood at +76.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+10.5% per year) and Russia (+21.2% per year).

Export Prices by Country

In 2022, the average polyvinyl chloride export price amounted to $X per ton, with a decrease of -8% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 73% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Poland ($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 Poland (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Polyvinyl Chloride Imports

Imports into Lithuania

In 2022, purchases abroad of polyvinyl chloride decreased by -2.2% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 62% against the previous year. Imports peaked at X tons in 2021, and then fell modestly in the following year.

In value terms, polyvinyl chloride imports shrank to $X in 2022. Overall, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 94% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of polyvinyl chloride to Lithuania, with a 65% share of total imports. Moreover, polyvinyl chloride imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. Belgium (X tons) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +126.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.9% per year) and Belgium (+31.6% per year).

In value terms, Russia ($X) constituted the largest supplier of polyvinyl chloride to Lithuania, comprising 49% of total imports. The second position in the ranking was taken by Germany ($X), with a 21% share of total imports. It was followed by Belgium, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to +122.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.6% per year) and Belgium (+35.3% per year).

Import Prices by Country

The average polyvinyl chloride import price stood at $X per ton in 2022, dropping by -4.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Sweden ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform