Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Lithuania - 2023
Contents:
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Lithuania (CIF) - 2022
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Lithuania (FOB) - 2022
- Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Lithuania
- Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Lithuania
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Lithuania (CIF) - 2022
The average import price for lac; natural gums, resins, gum-resins and balsamses stood at $6,871 per ton in 2022, increasing by 8.2% against the previous year. In general, the import price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2018 an increase of 138%. The import price peaked at $13,890 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($68,920 per ton), while the price for Italy ($2,675 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+10.1%), while the prices for the other major suppliers experienced a decline.
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Lithuania (FOB) - 2022
The average export price for lac; natural gums, resins, gum-resins and balsamses stood at $6,272 per ton in 2022, increasing by 37% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 138%. Over the period under review, the average export prices attained the peak figure at $14,426 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($6,333 per ton), while the average price for exports to Uzbekistan ($3,571 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 Germany (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Lithuania
Imports of lac; natural gums, resins, gum-resins and balsamses into Lithuania surged to 208 tons in 2022, rising by 407% compared with 2021 figures. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of lac; natural gums, resins, gum-resins and balsamses surged to $1.4M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | N/A | 740 | 0% |
| France | 187 | 141 | 75.8 | 268 | 12.7% |
| Netherlands | N/A | N/A | N/A | 267 | 0% |
| Spain | 5.5 | 2.5 | 71.9 | 87.5 | 151.5% |
| Italy | 7.7 | 27.0 | 39.8 | 35.1 | 65.8% |
| Germany | 48.2 | 18.6 | 29.9 | 22.5 | -22.4% |
| Others | 220 | 158 | 43.3 | 9.3 | -65.2% |
| Total | 469 | 346 | 261 | 1,430 | 45.0% |
Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Lithuania in 2022:
- Hungary (111.5 tons)
- France (58.7 tons)
- Netherlands (16.1 tons)
- Italy (13.1 tons)
- Spain (4.7 tons)
- Germany (3.0 tons)
Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Lithuania
Exports of lac; natural gums, resins, gum-resins and balsamses from Lithuania surged to 158 tons in 2022, rising by 345% against the year before. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of lac; natural gums, resins, gum-resins and balsamses soared to $991K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 248 | 202 | 120 | 934 | 55.6% |
| Latvia | 9.8 | 12.2 | 15.4 | 17.7 | 21.8% |
| Belarus | 3.3 | 5.2 | 2.9 | 13.9 | 61.5% |
| Kazakhstan | 13.3 | 12.2 | 15.0 | 10.7 | -7.0% |
| Uzbekistan | 5.7 | N/A | N/A | 10.6 | 23.0% |
| Others | 99.0 | 26.9 | 8.8 | 4.3 | -64.8% |
| Total | 379 | 258 | 162 | 991 | 37.8% |
Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from Lithuania in 2022:
- Russia (147.5 tons)
- Uzbekistan (3.0 tons)
- Latvia (3.0 tons)
- Belarus (2.7 tons)
- Kazakhstan (1.5 tons)
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