Report Update Nov 1, 2024

Lithuania - Zirconium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Lithuania: Market for Zirconium Ores and Concentrates 2024

Market Size for Zirconium Ores and Concentrates in Lithuania

In 2022, the Lithuanian zirconium ore and concentrate market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, recorded significant growth. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Zirconium Ores and Concentrates in Lithuania

In value terms, zirconium ore and concentrate production declined modestly to $X in 2022 estimated in export price. Overall, production saw a noticeable reduction. The growth pace was the most rapid in 2018 with an increase of X%. Zirconium ore and concentrate production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Zirconium Ores and Concentrates

Exports from Lithuania

Zirconium ore and concentrate exports from Lithuania dropped markedly to X tons in 2022, falling by X% compared with 2021. Overall, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, zirconium ore and concentrate exports declined to $X in 2022. In general, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Belarus (X tons) was the main destination for zirconium ore and concentrate exports from Lithuania, with a X% share of total exports. Moreover, zirconium ore and concentrate exports to Belarus exceeded the volume sent to the second major destination, Russia (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Belarus stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Kazakhstan (X% per year).

In value terms, Belarus ($X) remains the key foreign market for zirconium ores and concentrates exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with an X% share of total exports.

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

Export Prices by Country

In 2022, the average zirconium ore and concentrate export price amounted to $X per ton, rising by X% against the previous year. In general, the export price continues to indicate slight growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kazakhstan ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zirconium Ores and Concentrates

Imports into Lithuania

In 2022, approx. X tons of zirconium ores and concentrates were imported into Lithuania; with a decrease of X% compared with 2021. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, zirconium ore and concentrate imports shrank sharply to $X in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2021, and then contracted markedly in the following year.

Imports by Country

In 2022, Spain (X tons) was the main zirconium ore and concentrate supplier to Lithuania, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at X%.

In value terms, Spain ($X) constituted the largest supplier of zirconium ores and concentrates to Lithuania.

From 2012 to 2022, the average annual growth rate of value from Spain stood at X%.

Import Prices by Country

The average zirconium ore and concentrate import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price saw a perceptible increase. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to X% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the market for zirconium ore and concentrate in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Lithuania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Lithuania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023