Lithuania - Acetone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetone Price in Lithuania - 2023
Contents:
- Acetone Price in Lithuania (CIF) - 2023
- Acetone Price in Lithuania (FOB) - 2023
- Acetone Imports in Lithuania
- Acetone Exports in Lithuania
Acetone Price in Lithuania (CIF) - 2023
In September 2023, the average acetone import price amounted to $1,104 per ton, rising by 9.3% against the previous month. In general, import price indicated tangible growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, acetone import price increased by +9.3% against August 2023 indices. The pace of growth was the most pronounced in January 2023 when the average import price increased by 18% month-to-month. The import price peaked at $1,605 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($1,218 per ton), while the price for Poland ($1,051 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Latvia (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetone Price in Lithuania (FOB) - 2023
The average acetone export price stood at $1,246 per ton in September 2023, with an increase of 10% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 93% against the previous month. As a result, the export price attained the peak level of $3,134 per ton. From August 2023 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Estonia ($2,270 per ton), while the average price for exports to Poland ($1,182 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Acetone Imports in Lithuania
In 2022, after three years of growth, there was significant decline in supplies from abroad of acetone, when their volume decreased by -21% to 2.2K tons. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year.
In value terms, acetone imports soared to $5.6M in 2022. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 106%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
Import of Acetone in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 2,043 | 40.6 | 112 | 3,656 | 21.4% |
Poland | 207 | 419 | 555 | 1,018 | 70.1% |
Latvia | 214 | 356 | 1,121 | 677 | 46.8% |
Russia | 143 | 812 | 1,603 | 51.4 | -28.9% |
Estonia | 55.1 | 21.6 | 0.3 | N/A | -92.6% |
Others | 20.4 | 119 | 243 | 174 | 104.3% |
Total | 2,682 | 1,768 | 3,634 | 5,577 | 27.6% |
Top Suppliers of Acetone to Lithuania in 2022:
- Poland (898.7 tons)
- Belgium (702.3 tons)
- Latvia (570.1 tons)
- Russia (41.3 tons)
Acetone Exports in Lithuania
In 2022, after three years of growth, there was significant decline in overseas shipments of acetone, when their volume decreased by -86.2% to 172 tons. In general, exports recorded a slight decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 269% against the previous year.
In value terms, acetone exports shrank remarkably to $205K in 2022. Over the period under review, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 406% against the previous year.
Export of Acetone in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 97.2 | 63.9 | 401 | 108 | 3.6% |
Finland | 3.6 | 17.4 | 119 | 57.0 | 151.1% |
Estonia | 2.7 | 64.8 | 21.4 | 29.4 | 121.6% |
Poland | 1.3 | 218 | 631 | 8.1 | 84.0% |
Slovakia | 40.5 | N/A | 40.5 | N/A | 0.0% |
Germany | N/A | 129 | 227 | N/A | 76.0% |
Czech Republic | N/A | N/A | 90.4 | N/A | 0% |
Italy | N/A | 90.5 | 194 | N/A | 114.4% |
Netherlands | N/A | 126 | 97.9 | N/A | -22.3% |
Others | 2.1 | 36.6 | 3.6 | 3.3 | 16.3% |
Total | 147 | 745 | 1,825 | 205 | 11.7% |
Top Export Markets for Acetone from Lithuania in 2022:
- Latvia (88.7 tons)
- Finland (48.1 tons)
- Estonia (26.7 tons)
- Poland (8.4 tons)
This report provides an in-depth analysis of the acetone market 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:
- Prodcom 20146211 - Acetone
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
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Global demand for acetone is projected to increase over the next seven years, leading to a rise in market consumption and value. The article analyzes trends in consumption, production, imports, and exports of acetone worldwide from 2013 to 2023.
Explore the top import markets for ketone and quinone, including the United States, China, Germany, and more. Understand the key statistics and market trends using IndexBox market intelligence platform.
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...