Lithuania - Phthalic Anhydride, Terephthalic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phthalic Anhydride and Terephthalic Acid in Lithuania - 2023
Contents:
- Price for Phthalic Anhydride and Terephthalic Acid in Lithuania (CIF) - 2023
- Price for Phthalic Anhydride and Terephthalic Acid in Lithuania (FOB) - 2022
- Imports of Phthalic Anhydride and Terephthalic Acid in Lithuania
- Exports of Phthalic Anhydride and Terephthalic Acid in Lithuania
Price for Phthalic Anhydride and Terephthalic Acid in Lithuania (CIF) - 2023
The average import price for phthalic anhydride, terephthalic acid and its salts stood at $922 per ton in September 2023, growing by 6.3% against the previous month. Overall, the import price, however, recorded a mild setback. The pace of growth was the most pronounced in April 2023 when the average import price increased by 10% month-to-month. Over the period under review, average import prices reached the peak figure at $1,091 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($959 per ton), while the price for Spain ($921 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Phthalic Anhydride and Terephthalic Acid in Lithuania (FOB) - 2022
The average export price for phthalic anhydride, terephthalic acid and its salts stood at $1,206 per ton in 2022, growing by 40% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $1,334 per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 Slovakia ($1,597 per ton), while the average price for exports to Belarus ($993 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 Italy (+19.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Phthalic Anhydride and Terephthalic Acid in Lithuania
In 2022, the amount of phthalic anhydride, terephthalic acid and its salts imported into Lithuania expanded modestly to 592K tons, with an increase of 3.9% compared with 2021. The total import volume increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, phthalic anhydride and terephthalic acid imports soared to $605M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 +91.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phthalic Anhydride and Terephthalic Acid in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 118 | 77.4 | 109 | 127 | 2.5% |
| Portugal | 32.5 | 38.4 | 64.2 | 104 | 47.4% |
| Poland | 2.8 | 6.6 | 15.6 | 41.2 | 145.0% |
| Belgium | 8.5 | 27.8 | 57.3 | 10.1 | 5.9% |
| Others | 298 | 165 | 173 | 323 | 2.7% |
| Total | 459 | 316 | 419 | 605 | 9.6% |
Top Suppliers of Phthalic Anhydride and Terephthalic Acid to Lithuania in 2022:
- Netherlands (115.0K tons)
- Portugal (97.0K tons)
- Poland (37.3K tons)
- Belgium (11.4K tons)
Exports of Phthalic Anhydride and Terephthalic Acid in Lithuania
In 2022, approx. 8.3K tons of phthalic anhydride, terephthalic acid and its salts were exported from Lithuania; growing by 16% on the previous year. Overall, exports, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 168% against the previous year.
In value terms, phthalic anhydride and terephthalic acid exports soared to $10M in 2022. In general, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 203% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Phthalic Anhydride and Terephthalic Acid in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 0.1 | 4.9 | 4800.0% |
| Poland | N/A | N/A | N/A | 3.1 | 0% |
| Belarus | 2.9 | 1.4 | 5.7 | 1.6 | -18.0% |
| Slovakia | N/A | N/A | N/A | 0.3 | 0% |
| Germany | 0.9 | 0.5 | 0.3 | 0.1 | -51.9% |
| Spain | 1.6 | N/A | N/A | N/A | 0% |
| Turkey | 1.3 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Total | 6.8 | 2.0 | 6.2 | 10.1 | 14.1% |
Top Export Markets for Phthalic Anhydride and Terephthalic Acid from Lithuania in 2022:
- Italy (3.9K tons)
- Poland (2.5K tons)
- Belarus (1.6K tons)
- Slovakia (0.2K tons)
- Germany (0.1K tons)
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid 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 20143430 - Phthalic anhydride, terephthalic acid and its salts
Country coverage:
- Lithuania
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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