Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Lithuania - 2023

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Lithuania (CIF) - 2023
  2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Lithuania (FOB) - 2022
  3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Lithuania
  4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Lithuania

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Lithuania (CIF) - 2023

The average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $28,367 per ton in October 2023, reducing by -32.1% against the previous month. Overall, the import price, however, recorded a resilient increase. The growth pace was the most rapid in November 2022 an increase of 324% month-to-month. The import price peaked at $68,090 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($372K per ton), while the price for Belgium ($3,417 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Lithuania (FOB) - 2022

The average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $5,907 per ton in 2022, jumping by 60% against the previous year. Over the period under review, the export price recorded a notable increase. The most prominent rate of growth was recorded in 2015 an increase of 163%. As a result, the export price attained the peak level of $29,485 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($20,819 per ton), while the average price for exports to Portugal ($4,632 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 Romania (+217.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Lithuania

In 2022, after three years of growth, there was significant decline in purchases abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses, when their volume decreased by -24.5% to 391 tons. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 136% against the previous year.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses shrank to $4.2M in 2022. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 214% against the previous year.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China90.42,1951,7291,502155.2%
Russia4543031,0201,10734.6%
Germany69384490293710.6%
United StatesN/A5.0N/A228575.3%
Belgium9.35441,210176166.5%
Slovakia115322N/AN/A180.0%
Others56.724278.328471.1%
Total1,4184,4574,9404,23444.0%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Lithuania in 2022:

  1. Russia (283.4 tons)
  2. China (61.5 tons)
  3. Germany (15.3 tons)
  4. United States (7.5 tons)
  5. Belgium (5.5 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Lithuania

After three years of growth, shipments abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -22.3% to 286 tons in 2022. Overall, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 95% against the previous year. As a result, the exports reached the peak of 368 tons, and then contracted significantly in the following year.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses skyrocketed to $1.7M in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/A142744607106.8%
Belarus21353781.92393.9%
TurkeyN/AN/AN/A2200%
Russia1.924750.6168345.5%
FranceN/A45.128116490.7%
Poland14384.869.3124-4.6%
Latvia14.383.724.454.656.3%
Czech Republic13923.835.824.9-43.6%
Germany24.943.544.818.2-9.9%
Estonia89.060.74.51.5-74.4%
Italy128N/AN/AN/A0%
Others11.216.126.467.882.3%
Total7641,2841,3631,69030.3%

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Lithuania in 2022:

  1. Portugal (131.1 tons)
  2. Turkey (45.8 tons)
  3. France (35.0 tons)
  4. Poland (25.7 tons)
  5. Belarus (13.9 tons)
  6. Latvia (8.6 tons)
  7. Russia (8.1 tons)
  8. Czech Republic (5.0 tons)
  9. Germany (3.6 tons)
  10. Estonia (0.4 tons)

Source: IndexBox Market Intelligence Platform

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