Lithuania - Ethyl Acetate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthyl Acetate Price in Lithuania - 2023
Contents:
- Ethyl Acetate Price in Lithuania (CIF) - 2022
- Ethyl Acetate Price in Lithuania (FOB) - 2022
- Ethyl Acetate Imports in Lithuania
- Ethyl Acetate Exports in Lithuania
Ethyl Acetate Price in Lithuania (CIF) - 2022
The average ethyl acetate import price stood at $1,612 per ton in 2022, increasing by 4.6% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethyl acetate import price increased by +63.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 56% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($2,441 per ton), while the price for Belgium ($1,422 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+36.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethyl Acetate Price in Lithuania (FOB) - 2022
The average ethyl acetate export price stood at $1,853 per ton in 2022, falling by -15.4% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethyl acetate export price increased by +51.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 79%. As a result, the export price attained the peak level of $2,190 per ton, and then fell sharply in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($2,103 per ton) and Poland ($2,102 per ton), while the average price for exports to Belarus ($1,721 per ton) and Estonia ($1,831 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Ethyl Acetate Imports in Lithuania
In 2022, imports of ethyl acetate into Lithuania amounted to 602 tons, with an increase of 6.7% compared with the previous year's figure. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 53% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, ethyl acetate imports rose remarkably to $970K in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 84% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Ethyl Acetate in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 40.9 | 107 | 183 | 425 | 118.2% |
| Germany | 7.0 | 24.4 | 21.8 | 255 | 231.5% |
| Netherlands | 13.3 | N/A | 216 | 107 | 100.4% |
| Sweden | 171 | 201 | 137 | 94.9 | -17.8% |
| China | N/A | 61.7 | 26.7 | 42.5 | -17.0% |
| Estonia | 24.8 | 18.7 | 32.7 | 26.9 | 2.7% |
| Poland | 64.9 | 17.1 | 39.3 | 11.2 | -44.3% |
| Latvia | 2.4 | 0.9 | 45.5 | 1.7 | -10.9% |
| India | 19.3 | N/A | 53.2 | N/A | 66.0% |
| Ukraine | N/A | 39.5 | 106 | N/A | 168.4% |
| Others | 2.7 | 2.9 | 6.9 | 6.0 | 30.5% |
| Total | 346 | 473 | 869 | 970 | 41.0% |
Top Suppliers of Ethyl Acetate to Lithuania in 2022:
- Belgium (298.9 tons)
- Germany (142.9 tons)
- Netherlands (72.0 tons)
- Sweden (47.9 tons)
- China (25.2 tons)
- Estonia (8.4 tons)
- Poland (4.6 tons)
- Latvia (1.0 tons)
Ethyl Acetate Exports in Lithuania
Ethyl acetate exports from Lithuania skyrocketed to 289 tons in 2022, growing by 38% on 2021 figures. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.6% 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 +84.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 76%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, ethyl acetate exports surged to $536K in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 62%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Ethyl Acetate in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 0.5 | 1.2 | 1.4 | 248 | 691.6% |
| Latvia | 174 | 257 | 377 | 224 | 8.8% |
| Poland | 11.3 | 1.2 | N/A | 42.1 | 55.0% |
| Estonia | 7.2 | 38.8 | 27.9 | 9.7 | 10.4% |
| Russia | 13.7 | 35.4 | 43.3 | 2.4 | -44.0% |
| Others | 1.6 | 4.8 | 7.9 | 10.3 | 86.0% |
| Total | 209 | 339 | 458 | 536 | 36.9% |
Top Export Markets for Ethyl Acetate from Lithuania in 2022:
- Belarus (144.3 tons)
- Latvia (115.6 tons)
- Poland (20.0 tons)
- Estonia (5.3 tons)
- Russia (1.1 tons)
This report provides an in-depth analysis of the ethyl acetate 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 20143215 - Ethyl acetate
Country coverage:
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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