Lithuania: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in Lithuania

The Lithuanian prepared rubber accelerators market fell slightly to $X in 2023, remaining stable against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Prepared rubber accelerators consumption peaked at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Prepared Rubber Accelerators Production in Lithuania

In value terms, prepared rubber accelerators production contracted remarkably to $X in 2023 estimated in export price. In general, production saw a pronounced setback. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Prepared Rubber Accelerators Exports

Exports from Lithuania

Prepared rubber accelerators exports from Lithuania dropped sharply to X tons in 2023, falling by X% against the previous year. Overall, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2022, and then reduced sharply in the following year.

In value terms, prepared rubber accelerators exports reduced notably to $X in 2023. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Ukraine (X tons) was the main destination for prepared rubber accelerators exports from Lithuania, accounting for a X% share of total exports. Moreover, prepared rubber accelerators exports to Ukraine exceeded the volume sent to the second major destination, Turkey (X tons), fourfold. Russia (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Ukraine stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Russia (X% per year).

In value terms, Ukraine ($X) emerged as the key foreign market for prepared rubber accelerators exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Turkey, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Ukraine stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2023, the average prepared rubber accelerators export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, prepared rubber accelerators export price decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Prepared Rubber Accelerators Imports

Imports into Lithuania

In 2023, purchases abroad of prepared rubber accelerators decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, prepared rubber accelerators imports contracted notably to $X in 2023. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at $X in 2022, and then reduced rapidly in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and Poland (X kg) were the main suppliers of prepared rubber accelerators imports to Lithuania, together comprising X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Italy ($X) and Poland ($X) appeared to be the largest prepared rubber accelerators suppliers to Lithuania, with a combined X% share of total imports.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2023, the average prepared rubber accelerators import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2022 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform