Price for Cells and Batteries; Lithium in Lithuania - 2023
Contents:
- Price for Cells and Batteries; Lithium in Lithuania (CIF) - 2022
- Price for Cells and Batteries; Lithium in Lithuania (FOB) - 2022
- Imports of Cells and Batteries; Lithium in Lithuania
- Exports of Cells and Batteries; Lithium in Lithuania
Price for Cells and Batteries; Lithium in Lithuania (CIF) - 2022
In 2022, the average cells and batteries; lithium import price amounted to $1.5 per unit, jumping by 26% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $1.6 per unit in 2015; however, from 2016 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 France ($5.9 per unit), while the price for Latvia ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cells and Batteries; Lithium in Lithuania (FOB) - 2022
The average cells and batteries; lithium export price stood at $6.6 per unit in 2022, surging by 152% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt downturn. Over the period under review, the average export prices reached the maximum at $17 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($30 per unit), while the average price for exports to Estonia ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cells and Batteries; Lithium in Lithuania
In 2022, after three years of growth, there was significant decline in supplies from abroad of cells and batteries; lithia, when their volume decreased by -32.3% to 3.5M units. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. As a result, imports reached the peak of 5.2M units, and then declined rapidly in the following year.
In value terms, cells and batteries; lithium imports declined to $5.4M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, imports attained the peak of $6.3M, and then shrank in the following year.
| Import of Cells and Batteries; Lithium in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,232 | 1,201 | 2,049 | 1,403 | 4.4% |
| Germany | 1,096 | 882 | 1,387 | 1,038 | -1.8% |
| South Korea | 161 | 28.5 | 77.7 | 690 | 62.4% |
| Latvia | 489 | 503 | 371 | 641 | 9.4% |
| France | 935 | 906 | 1,185 | 381 | -25.9% |
| China | 391 | 212 | 608 | 341 | -4.5% |
| Estonia | 91.6 | 152 | 195 | 237 | 37.3% |
| United Kingdom | 231 | 258 | 2.0 | 23.4 | -53.4% |
| Others | 250 | 355 | 422 | 617 | 35.1% |
| Total | 4,875 | 4,496 | 6,296 | 5,371 | 3.3% |
Top Suppliers of Cells and Batteries; Lithium to Lithuania in 2022:
- Poland (1363.8K units)
- Latvia (721.8K units)
- Germany (658.6K units)
- China (207.6K units)
- South Korea (202.3K units)
- Estonia (97.5K units)
- France (64.7K units)
- United Kingdom (23.0K units)
Exports of Cells and Batteries; Lithium in Lithuania
Cells and batteries; lithium exports from Lithuania dropped remarkably to 372K units in 2022, reducing by -69.3% against the previous year. Overall, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. The exports peaked at 1.2M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, cells and batteries; lithium exports fell markedly to $2.4M in 2022. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 8.6%. As a result, the exports attained the peak of $3.2M, and then declined dramatically in the following year.
| Export of Cells and Batteries; Lithium in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 40.7 | 12.9 | 8.7 | 421 | 117.9% |
| Russia | 1,250 | 967 | 1,511 | 274 | -39.7% |
| Latvia | 182 | 175 | 185 | 245 | 10.4% |
| Georgia | 3.4 | 2.4 | N/A | 130 | 236.9% |
| Kyrgyzstan | 5.5 | 0.1 | 0.2 | 106 | 168.1% |
| Estonia | 36.7 | 75.6 | 77.4 | 72.6 | 25.5% |
| Greece | N/A | N/A | 6.4 | 18.0 | 181.3% |
| Others | 1,463 | 1,674 | 1,368 | 1,176 | -7.0% |
| Total | 2,982 | 2,907 | 3,157 | 2,443 | -6.4% |
Top Export Markets for Cells and Batteries; Lithium from Lithuania in 2022:
- Russia (140.6K units)
- Latvia (59.8K units)
- Estonia (51.0K units)
- Kazakhstan (35.7K units)
- Georgia (23.6K units)
- Kyrgyzstan (13.3K units)
- Greece (7.2K units)
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