Lithuania: Explosives Market 2020

Explosives Market Size in Lithuania

The revenue of the explosives market in Lithuania amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, explosives consumption, however, continues to indicate slight growth. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Lithuania explosives consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Explosives Exports

Exports from Lithuania

Explosives exports from Lithuania amounted to X kg in 2018, jumping by X% against the previous year. Overall, explosives exports continue to indicate an extraordinary expansion. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Lithuania exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, explosives exports stood at $X in 2018. Over the period under review, explosives exports continue to indicate outstanding growth. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, explosives exports reached their peak figure in 2018 and are likely to see steady growth in the near future.

Exports by Country

In 2018, the U.S. (X tons) and Russia (X tons) were the key exporters of prepared explosivesacross the globe, together achieving X% of total exports. It was distantly followed by South Africa (X tons) and Poland (X tons), together comprising a X% share of total exports. The following exporters - India (X tons), Spain (X tons), Germany (X tons), Mexico (X tons), Sweden (X tons), Turkey (X tons), Costa Rica (X tons) and France (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Lithuania, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the largest explosives supplier from Lithuania, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by South Africa, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-X% per year) and South Africa (+X% per year).

Export Prices by Country

The explosives export price in Lithuania stood at $X per ton in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the explosives export price continues to indicate a noticeable slump. Over the period under review, the export prices for prepared explosives reached their maximum at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Explosives Imports

Imports into Lithuania

In 2018, approx. X tons of prepared explosives were imported into Lithuania; surging by X% against the previous year. In general, explosives imports, however, continue to indicate a temperate descent. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, explosives imports reached their peak figure at X tons in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, explosives imports totaled $X in 2018. Over the period under review, explosives imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, explosives imports reached their maximum in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, Canada (X tons), distantly followed by Finland (X tons), the U.S. (X tons) and Norway (X tons) were the key importers of prepared explosives, together committing X% of total imports. The following importers - Zimbabwe (X tons), Kazakhstan (X tons), Germany (X tons), Sweden (X tons), Mexico (X tons), Panama (X tons), Ethiopia (X tons) and France (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Finland, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Canada ($X) and Mexico ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Norway, France, Sweden, Finland, Zimbabwe, Kazakhstan, Germany, Panama, Ethiopia and Lithuania lagged somewhat behind, together accounting for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the explosives import price in Lithuania amounted to $X per ton, going up by X% against the previous year. In general, the explosives import price continues to indicate prominent growth. The pace of growth was the most pronounced in 2013 when the import price increased by X% year-to-year. In that year, the import prices for prepared explosives reached their peak level of $X per ton. From 2014 to 2018, the growth in terms of the import prices for prepared explosives remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($X per ton), while Ethiopia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform