Lithuania: Unwrought Tin Alloys Market 2024

Unwrought Tin Alloys Market Size in Lithuania

The Lithuanian unwrought tin alloys market declined slightly to $X in 2022, standing approx. at the previous year. Over the period under review, consumption saw a abrupt descent. Unwrought tin alloys consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Unwrought Tin Alloys Production in Lithuania

In value terms, unwrought tin alloys production dropped to $X in 2022 estimated in export price. Overall, production saw a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Unwrought tin alloys production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Unwrought Tin Alloys Exports

Exports from Lithuania

In 2022, unwrought tin alloys exports from Lithuania skyrocketed to X tons, rising by X% compared with the previous year's figure. Overall, exports enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, unwrought tin alloys exports skyrocketed to $X in 2022. In general, exports showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Latvia (X tons) was the main destination for unwrought tin alloys exports from Lithuania, accounting for a X% share of total exports. Moreover, unwrought tin alloys exports to Latvia exceeded the volume sent to the second major destination, Poland (X kg), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Latvia totaled X%.

In value terms, Latvia ($X) emerged as the key foreign market for unwrought tin alloys exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Latvia stood at X%.

Export Prices by Country

The average unwrought tin alloys export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Latvia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%).

Unwrought Tin Alloys Imports

Imports into Lithuania

In 2022, overseas purchases of unwrought tin alloys increased by X% to X tons, rising for the second year in a row after three years of decline. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, unwrought tin alloys imports totaled $X in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of unwrought tin alloys to Lithuania, with a X% share of total imports. Moreover, unwrought tin alloys imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X kg), fivefold. Poland (X kg) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Poland (X% per year).

In value terms, Germany ($X) constituted the largest supplier of unwrought tin alloys to Lithuania, comprising X% of total imports. The second position in the ranking was taken by Latvia ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and Poland (X% per year).

Import Prices by Country

The average unwrought tin alloys import price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then declined in the following year.

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

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

Source: IndexBox Platform