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

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

The Lithuanian market for soap and organic surface-active products in bars other than for toilet use rose markedly to $X in 2022, growing by 8.2% against the previous year. Overall, consumption enjoyed a buoyant increase. Consumption of peaked in 2022 and is likely to continue growth in the immediate term.

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

In value terms, production of soap and organic surface-active products in bars other than for toilet use skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a mild downturn. Over the period under review, production of reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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

Exports from Lithuania

In 2022, exports of soap and organic surface-active products in bars other than for toilet use from Lithuania surged to X tons, picking up by 17% on 2021. Overall, exports saw a modest expansion. The pace of growth was the most pronounced in 2020 with an increase of 98%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use surged to $X in 2022. In general, exports saw buoyant growth. The growth pace was the most rapid in 2020 with an increase of 164%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

France (X tons), Poland (X tons) and Latvia (X tons) were the main destinations of exports of soap and organic surface-active products in bars other than for toilet use from Lithuania, together comprising 71% of total exports. Germany, Estonia, the Czech Republic, Norway and Russia lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +124.0%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for soap and organic surface-active products in bars other than for toilet use exports from Lithuania, comprising 40% of total exports. The second position in the ranking was taken by Poland ($X), with a 16% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to France stood at +51.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+56.6% per year) and Germany (+37.9% per year).

Export Prices by Country

In 2022, the average export price for soap and organic surface-active products in bars other than for toilet use amounted to $X per ton, picking up by 3.8% against the previous year. In general, the export price saw resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 33% against the previous year. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Latvia ($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 Russia (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Lithuania

In 2022, imports of soap and organic surface-active products in bars other than for toilet use into Lithuania rose notably to X tons, with an increase of 13% compared with the year before. Over the period under review, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 59% against the previous year. As a result, imports reached the peak of X tons; afterwards, it flattened through to 2022.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use expanded rapidly to $X in 2022. Overall, imports saw a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 68%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of soap in bars other than for toilet use to Lithuania, with a 37% share of total imports. Moreover, imports of soap and organic surface-active products in bars other than for toilet use from Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. The third position in this ranking was held by Kazakhstan (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+31.6% per year) and Kazakhstan (0.0% per year).

In value terms, Poland ($X), Kazakhstan ($X) and Russia ($X) were the largest soap in bars other than for toilet use suppliers to Lithuania, together accounting for 63% of total imports. The Czech Republic, Latvia, Hungary, Ukraine and the UK lagged somewhat behind, together accounting for a further 29%.

Hungary, with a CAGR of +33.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for soap and organic surface-active products in bars other than for toilet use amounted to $X per ton, dropping by -5.6% against the previous year. In general, the import price showed a noticeable descent. The pace of growth appeared the most rapid in 2020 an increase of 5.8% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Kazakhstan ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform