Lithuania: Market for Soap And Organic Surface-Active Products In Bars For Toilet Use 2024

Market Size for Soap And Organic Surface-Active Products In Bars For Toilet Use in Lithuania

After two years of growth, the Lithuanian market for soap and organic surface-active products in bars for toilet use decreased by -0.1% to $X in 2022. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +99.2% against 2015 indices. Consumption of peaked at $X in 2021, and then contracted modestly in the following year.

Production of Soap And Organic Surface-Active Products In Bars For Toilet Use in Lithuania

In value terms, production of soap and organic surface-active products in bars for toilet use shrank notably to $X in 2022 estimated in export price. In general, production, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of 47%. Over the period under review, production of reached the maximum level at $X in 2021, and then reduced remarkably in the following year.

Exports of Soap And Organic Surface-Active Products In Bars For Toilet Use

Exports from Lithuania

In 2022, approx. X tons of soap and organic surface-active products in bars for toilet use were exported from Lithuania; jumping by 42% on the year before. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of soap and organic surface-active products in bars for toilet use skyrocketed to $X in 2022. In general, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.1% against 2017 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 36% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Russia (X tons) was the main destination for exports of soap and organic surface-active products in bars for toilet use from Lithuania, accounting for a 31% share of total exports. Moreover, exports of soap and organic surface-active products in bars for toilet use to Russia exceeded the volume sent to the second major destination, Poland (X tons), twofold. Turkey (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+7.3% per year) and Turkey (0.0% per year).

In value terms, Russia ($X) remains the key foreign market for soap and organic surface-active products in bars for toilet use exports from Lithuania, comprising 42% of total exports. The second position in the ranking was taken by Poland ($X), with an 11% share of total exports. It was followed by Turkey, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+9.4% per year) and Turkey (0.0% per year).

Export Prices by Country

In 2022, the average export price for soap and organic surface-active products in bars for toilet use amounted to $X per ton, which is down by -9.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 39%. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Uzbekistan ($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 Armenia (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soap And Organic Surface-Active Products In Bars For Toilet Use

Imports into Lithuania

In 2022, approx. X tons of soap and organic surface-active products in bars for toilet use were imported into Lithuania; rising by 29% on the previous year's figure. In general, imports saw prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 32%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of soap and organic surface-active products in bars for toilet use surged to $X in 2022. Overall, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.0% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of soap in bars for toilet use to Lithuania, accounting for a 48% share of total imports. Moreover, imports of soap and organic surface-active products in bars for toilet use from Poland exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. Turkey (X tons) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from Poland totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+31.8% per year) and Turkey (+13.6% per year).

In value terms, Poland ($X) constituted the largest supplier of soap and organic surface-active products in bars for toilet use to Lithuania, comprising 40% of total imports. The second position in the ranking was taken by Italy ($X), with a 15% share of total imports. It was followed by Germany, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+32.7% per year) and Germany (+9.6% per year).

Import Prices by Country

In 2022, the average import price for soap and organic surface-active products in bars for toilet use amounted to $X per ton, with a decrease of -6.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 15%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform