Cerium Compounds Price in Lithuania - 2023

Contents:

  1. Cerium Compounds Price in Lithuania (CIF) - 2022
  2. Cerium Compounds Price in Lithuania (FOB) - 2022
  3. Cerium Compounds Imports in Lithuania
  4. Cerium Compounds Exports in Lithuania

Cerium Compounds Price in Lithuania (CIF) - 2022

In 2022, the average cerium compounds import price amounted to $3,174 per ton, which is down by -30.5% against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 100%. The import price peaked at $32,185 per ton in 2015; however, from 2016 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 the Czech Republic ($12,054 per ton), while the price for India ($1,980 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.9%), while the prices for the other major suppliers experienced a decline.

Cerium Compounds Price in Lithuania (FOB) - 2022

The average cerium compounds export price stood at $39,014 per ton in 2022, jumping by 259% against the previous year. Over the period under review, the export price saw a prominent increase. As a result, the export price reached 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 Switzerland ($29,025 per ton), while the average price for exports to Belarus ($11,578 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 Belarus (+2.8%).

Cerium Compounds Imports in Lithuania

In 2022, the amount of cerium compoundses imported into Lithuania soared to 54 tons, growing by 171% compared with the previous year. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 334% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, cerium compounds imports skyrocketed to $170K in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 148% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Cerium Compounds in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria12.416.565.7112108.3%
United Kingdom5.56.81.914.939.4%
IndiaN/AN/AN/A12.80%
Czech Republic1.91.80.812.587.4%
Italy45.1N/AN/A0.1-87.0%
China5.83.73.8N/A-19.1%
NetherlandsN/AN/A11.9N/A0%
Others2.67.76.418.391.6%
Total73.336.590.317032.4%

Top Suppliers of Cerium Compounds to Lithuania in 2022:

  1. Austria (42.3 tons)
  2. India (6.5 tons)
  3. United Kingdom (3.6 tons)
  4. Czech Republic (1.0 tons)
  5. Italy (0.1 tons)

Cerium Compounds Exports in Lithuania

In 2022, exports of cerium compoundses from Lithuania reduced notably to 3.5 tons, waning by -62.3% against the previous year's figure. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 92%. As a result, the exports attained the peak of 9.2 tons, and then contracted notably in the following year.

In value terms, cerium compounds exports surged to $135K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cerium Compounds in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A57.70%
Belarus15.915.594.715.6-0.6%
Russia73.972.55.32.3-68.5%
OthersN/AN/AN/A59.50%
Total89.888.010013514.6%

Top Export Markets for Cerium Compounds from Lithuania in 2022:

  1. Switzerland (1988.0 kg)
  2. Belarus (1347.0 kg)
  3. Russia (85.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - Lithuania