Chemical Industry Opportunities

An Expert's View about Sales in Lithuania

Last updated: 21 Mar 2011

Although some branches of the Lithuanian chemical industry are very well developed - Lithuania is particularly strong in production of fertilisers, plastic & plastic products and biotechnology sectors – the Lithuanian market offers many opportunities for foreign chemical product manufacturers.

Sector briefing Chemical Industry Opportunities in Lithuania Why Lithuania? Although some branches of the Lithuanian chemical industry are very well developed - Lithuania is particularly strong in production of fertilisers, plastic & plastic products and biotechnology sectors ? the Lithuanian market offers many opportunities for foreign chemical product manufacturers. Lithuania does not produce a significant part of chemical products that are needed by other well developed manufacturing industries in the market. All these products are imported from various foreign markets. British chemical companies already have a comparatively ?Lithuanian market offers strong position in the market and this can be developed further. many opportunities for foreign chemical products? You will find general information on the manufacturers? Lithuanian market conditions on UKTI?s website. The ?Doing Business Guide for Lithuania? gives an overview of Lithuania?s economy, business culture, potential opportunities and an introduction to other relevant issues. UK Trade & Investment Sector briefing: Chemical Industry opportunities in Lithuania balance of all other chemicals is negative, i.e. Opportunities Lithuania has to import the vast majority of chemical products to satisfy market demands. The Chemical industry is a dynamically developing market sector in Lithuania. The Lithuania imports many of the speciality industry is considered to be one of the chemicals used in its other manufacturing country?s strongest economy branches, where industries: wood processing and furniture productivity and installations of new production, electrical equipment, fabricated technologies exceeds the existing country?s metal products, food & drink processing averages. The main segments of the Lithuanian including brewing, textiles and clothing, rubber chemical industry are the production of basic and plastics, construction materials, glass and chemicals, dyes, fertilisers and nitrogen ceramics. Imports of these chemicals are products; pharmaceuticals, biotechnology largely from Denmark, Sweden, Germany, products and to a lesser extent, household Poland, Switzerland, the Netherlands, Italy, chemicals and body care products. There are Belgium, France and also Russia and China. around 115 companies operating in Lithuania?s Volumes from the UK are increasing rapidly chemical industry. and there is a strong potential for an even larger market share, particularly in areas The total sales of the chemical industry experiencing growth and development, for comprised around 7% of Lithuania?s example food processing, brewing, metal and manufacturing industry. The major products wood processing. produced by the chemical industry in 2009 were as follows: If you have any questions on the opportunities above, contact the UKTI staff member named - Sulphur acid (1154 thousand tonnes) in this report. Business opportunities aimed - Ethyl alcohol (6483 thousand dal.) specifically at UK companies are added daily to - Ammonium nitrate (176.2 thousand tonnes UKTI?s website. These leads are sourced by our N) staff overseas in British Embassies, High - Urea (202.5 thousand tonnes N) Commissions and Consulates, across all sectors - Diammonium phosphate (908.3 thousand and in over 100 markets. tonnes) - Amino resins, phenolic resins and You can be alerted to business opportunities on polyurethane in primary forms (45.4 thousand tonnes) a regular basis by registering on the UKTI - Fermented preparations (6 tonnes) website. Find out more on UKTI?s business - Toilet soap (1.3 thousand tonnes) opportunities service on the UKTI website - Washing soap (122 thousand tonnes) - Preparations for use on hair (1770 tonnes) Lithuanian Chemical Export Import Lithuania?s chemical sector is highly export Industry Exports/Imports EUR EUR oriented, with more than 80% of all products as of 2009 million million exported to various markets across the world, but mainly European Union. In 2009, Inorganic chemicals 31.3 81.6 Lithuanian companies exported products of Organic chemicals 19.0 408.5 chemical and allied industries worth EUR 1.07 Pharmaceutical products 191.8 531.7 billion. Analysis of Lithuanian exports structure shows that the leader among the chemical Fertilizers 525.4 105.4 products group was fertilisers. From 2001 to Tanning & dyeing extracts 57.9 108.9 2009, quantities of fertilisers exported from Essential oils and resinoids, 47.5 102.9 Lithuania grew more than two-fold and formed 2/3 of all exported chemical products. perfumery, cosmetic Information on chemical exports from Lithuania preparations is included in Table 1. Soap, organic surface-active 27.2 75.5 agents, washing preparations According to official foreign trade data Lithuanian export-import balance is positive Albuminoidal substances, glues, 25.6 27.6 only in one chemical products group, i.e. etc. fertilisers. Export volume of this group exceeds Miscellaneous chemical products 138.9 153.4 import volumes by six times. Foreign trade UK Trade & Investment Sector briefing: Chemical Industry opportunities in Lithuania Major events and activities UKTI contacts Find full details of all events in this Mrs Ringaile Saviciene country and sector on the UKTI website. Senior Market Adviser New export events are added daily to the site UK Trade & Investment Section and you can register to be alerted to them on a British Embassy Lithuania daily, weekly or monthly basis Tel: +3705 2462929 E-mail: ringaile.saviciene@fco.gov.uk UKTI?s Tradeshow Access Programme (TAP) www.ukti.gov.uk provides grant support for eligible Small & Medium Sized Enterprises (SME's) to attend trade shows overseas. Find out more about UKTI support for attendance at overseas events. UK Trade & Investment Sector briefing: Chemical Industry opportunities in Lithuania Next steps - How UKTI can help ? Arrangement of appointments British companies wishing to develop their ? Organisation of seminars or other business in the Lithuanian market are advised events for you to meet contacts and to undertake as much market research and promote your company in the planning as possible in the UK. UKTI?s team in Lithuanian market Lithuania, with its wide local knowledge and experience, can provide a range of services to This work is available via our Overseas Market British-based companies wishing to grow their Introduction Service (OMIS) a chargeable business in global markets. service which assists British-based companies wishing to enter or expand their business in This can include: overseas markets. ? Provision of market information ? Validated lists of agents/distributors To find out more about commissioning this ? Identification of key players or potential work, or accessing other UKTI services and customers in the Lithuanian market specialist advice, please visit the UKTI website ? Establishment of interest of such to find contact details for your local UKTI contacts in working with your company office. Whereas every effort has been made to ensure that the information given in this document is accurate, neither UK Trade & Investment nor its parent Departments (the Department for Business, Innovation & Skills, and the Foreign & Commonwealth Office), accept liability for any errors, omissions or misleading statements, and no warranty is given or responsibility accepted as to the standing of any individual, firm, company or other organisation mentioned. Published 2010 by UK Trade & Investment. Crown Copyright © UK Trade & Investment Sector briefing: Chemical Industry opportunities in Lithuania
Posted: 21 March 2011, last updated 21 March 2011

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