Price for Phosphates; N.E.S in Item No. 2835.2 in Lithuania - 2023

Contents:

1. Price for Phosphates; N.E.S in Item No. 2835.2 in Lithuania (FOB) - 2022
2. Price for Phosphates; N.E.S in Item No. 2835.2 in Lithuania (CIF) - 2022
3. Exports of Phosphates; N.E.S in Item No. 2835.2 in Lithuania
4. Imports of Phosphates; N.E.S in Item No. 2835.2 in Lithuania

Price for Phosphates; N.E.S in Item No. 2835.2 in Lithuania (FOB) - 2022

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $1,137 per ton, falling by -1.7% against the previous year. Overall, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2014 an increase of 284% against the previous year. As a result, the export price reached the peak level of $1,314 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($3,826 per ton), while the average price for exports to Latvia ($704 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 Estonia (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Phosphates; N.E.S in Item No. 2835.2 in Lithuania (CIF) - 2022

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,850 per ton, growing by 151% against the previous year. In general, the import price saw a perceptible expansion. Over the period under review, average import prices attained the maximum at $1,986 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Germany ($2,542 per ton), while the price for Estonia ($716 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Phosphates; N.E.S in Item No. 2835.2 in Lithuania

In 2022, shipments abroad of phosphates; n.e.s in item no. 2835.2s was finally on the rise to reach 240 tons after two years of decline. In general, exports, however, showed a dramatic decline.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s soared to $273K in 2022. Overall, exports, however, saw a precipitous shrinkage.

Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Lithuania in 2022:

1. Estonia (154.6 tons)
2. Ukraine (44.0 tons)
3. Russia (25.4 tons)
4. Latvia (11.3 tons)

Imports of Phosphates; N.E.S in Item No. 2835.2 in Lithuania

After three years of growth, supplies from abroad of phosphates; n.e.s in item no. 2835.2s decreased by -79.5% to 137 tons in 2022. In general, imports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 when imports increased by 128% against the previous year. As a result, imports attained the peak of 669 tons, and then shrank sharply in the following year.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s dropped dramatically to $254K in 2022. Overall, imports showed a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, imports attained the peak of $493K, and then reduced remarkably in the following year.

Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Lithuania in 2022:

1. France (67.7 tons)
2. Poland (45.7 tons)
3. Germany (11.4 tons)
4. Estonia (7.5 tons)
5. China (0.4 tons)

Source: IndexBox Market Intelligence Platform