O-Acetylsalicylic Acid Price in Lithuania - 2023
Contents:
- O-Acetylsalicylic Acid Price in Lithuania (FOB) - 2022
- O-Acetylsalicylic Acid Price in Lithuania (CIF) - 2022
- O-Acetylsalicylic Acid Exports in Lithuania
- O-Acetylsalicylic Acid Imports in Lithuania
O-Acetylsalicylic Acid Price in Lithuania (FOB) - 2022
In 2022, the average o-acetylsalicylic acid export price amounted to $7,998 per ton, declining by -64.6% against the previous year. Overall, the export price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2019 an increase of 227% against the previous year. The export price peaked at $37,037 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($74,611 per ton), while the average price for exports to Belarus amounted to $7,886 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
O-Acetylsalicylic Acid Price in Lithuania (CIF) - 2022
In 2022, the average o-acetylsalicylic acid import price amounted to $5,898 per ton, dropping by -5.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 27%. The import price peaked at $7,208 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($5,826 per ton), while the price for Germany stood at $5,583 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.2%), while the prices for the other major suppliers experienced a decline.
O-Acetylsalicylic Acid Exports in Lithuania
In 2022, approx. 12 tons of o-acetylsalicylic acid, its salts and esters were exported from Lithuania; picking up by 6,564% against the previous year. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, o-acetylsalicylic acid exports skyrocketed to $100K in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of O-Acetylsalicylic Acid in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | N/A | N/A | 0.1 | 98.1 | 98000.0% |
| Estonia | 1.7 | 0.9 | 2.5 | 1.3 | -8.6% |
| Poland | N/A | N/A | 1.7 | N/A | 0% |
| Others | 0.2 | 0.1 | N/A | 0.2 | 0.0% |
| Total | 1.9 | 1.0 | 4.2 | 99.7 | 274.4% |
Top Export Markets for O-Acetylsalicylic Acid from Lithuania in 2022:
- Belarus (12.4 tons)
O-Acetylsalicylic Acid Imports in Lithuania
For the fourth consecutive year, Lithuania recorded growth in supplies from abroad of o-acetylsalicylic acid, its salts and esters, which increased by 0.9% to 17 tons in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 82%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, o-acetylsalicylic acid imports dropped slightly to $99K in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 75%.
| Import of O-Acetylsalicylic Acid in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | N/A | N/A | 97.8 | 0% |
| Germany | 18.0 | 36.2 | 75.0 | 0.3 | -74.5% |
| Poland | 24.2 | 38.3 | 27.9 | N/A | 7.4% |
| Others | 0.3 | 0.1 | 1.1 | 1.4 | 67.1% |
| Total | 42.6 | 74.6 | 104 | 99.5 | 32.7% |
Top Suppliers of O-Acetylsalicylic Acid to Lithuania in 2022:
- Latvia (16.8 tons)
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