Report Update Apr 1, 2024

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

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Lithuania: Market for Precious Metal Ores And Concentrates 2024

Market Size for Precious Metal Ores And Concentrates in Lithuania

For the eleventh consecutive year, the Lithuanian market for precious metal ores and concentrates recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption enjoyed a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Precious Metal Ores And Concentrates in Lithuania

In value terms, precious metal ore and concentrate production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Precious metal ore and concentrate production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Precious Metal Ores And Concentrates

Exports from Lithuania

In 2022, precious metal ore and concentrate exports from Lithuania reduced rapidly to X tons, which is down by X% against 2021. Overall, exports recorded a sharp setback. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank dramatically in the following year.

In value terms, precious metal ore and concentrate exports fell to $X in 2022. Over the period under review, exports showed a deep reduction. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for precious metal ore and concentrate exports from Lithuania, accounting for a X% share of total exports. Moreover, precious metal ore and concentrate exports to the Netherlands exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fivefold.

From 2021 to 2022, the average annual growth rate of volume to the Netherlands stood at X%.

In value terms, the largest markets for precious metal ore and concentrate exported from Lithuania were the Netherlands ($X) and the United Arab Emirates ($X).

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average export price for precious metal ores and concentrates amounted to $X per ton, rising by X% against the previous year. Over the period from 2021 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%).

Imports of Precious Metal Ores And Concentrates

Imports into Lithuania

In 2022, precious metal ore and concentrate imports into Lithuania skyrocketed to X tons, rising by X% against the year before. Over the period under review, total imports indicated a significant increase from 2021 to 2022: its volume increased at an average annual rate of X% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, precious metal ore and concentrate imports soared to $X in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

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

From 2021 to 2022, the average annual growth rate of volume from the Netherlands amounted to X%.

In value terms, the Netherlands ($X) constituted the largest supplier of precious metal ores and concentrates to Lithuania.

From 2021 to 2022, the average annual growth rate of value from the Netherlands amounted to X%.

Import Prices by Country

In 2022, the average import price for precious metal ores and concentrates amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price posted significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for precious metal ores and concentrates in the world?

The country with the largest volume of precious metal ore and concentrate consumption was China, accounting for 51% of total volume. Moreover, precious metal ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Brazil, fourfold. Mexico ranked third in terms of total consumption with a 4.1% share.

What are the largest producers of precious metal ores and concentrates in the world?

The countries with the highest volumes of production in 2022 were Brazil, Australia and Russia, together comprising 39% of global production.

What are the leading suppliers of precious metal ores and concentrates to Lithuania?

In value terms, the Netherlands constituted the largest supplier of precious metal ores and concentrates to Lithuania.

What are the leading importers of precious metal ores and concentrates from Lithuania?

In value terms, the Netherlands and the United Arab Emirates constituted the largest markets for precious metal ore and concentrate exported from Lithuania worldwide.

What is the average export price for precious metal ores and concentrates in Lithuania?

In 2022, the average export price for precious metal ores and concentrates amounted to $17,300 per ton, with an increase of 28% against the previous year.

What is the average import price for precious metal ores and concentrates in Lithuania?

In 2022, the average import price for precious metal ores and concentrates amounted to $17,046 per ton, jumping by 93% against the previous year.

This report provides an in-depth analysis of the market for precious metal 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:

Prodcom 07291400 - Precious metal ores and concentrates

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