Chipped Non-Coniferous Wood Price in Lithuania - 2023
Contents:
- Chipped Non-Coniferous Wood Price in Lithuania (CIF) - 2023
- Chipped Non-Coniferous Wood Price in Lithuania (FOB) - 2022
- Chipped Non-Coniferous Wood Imports in Lithuania
- Chipped Non-Coniferous Wood Exports in Lithuania
Chipped Non-Coniferous Wood Price in Lithuania (CIF) - 2023
In September 2023, the average chipped non-coniferous wood import price amounted to $38.0 per cubic meter, dropping by -14.6% against the previous month. In general, the import price showed a deep contraction. The growth pace was the most rapid in October 2022 an increase of 5.9% m-o-m. As a result, import price reached the peak level of $80.6 per cubic meter. From November 2022 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($279 per cubic meter), while the price for Latvia stood at $30.8 per cubic meter.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.7%).
Chipped Non-Coniferous Wood Price in Lithuania (FOB) - 2022
In 2022, the average chipped non-coniferous wood export price amounted to $135 per cubic meter, growing by 21% against the previous year. In general, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 87% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 Norway ($301 per cubic meter), while the average price for exports to Poland ($41 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.
Chipped Non-Coniferous Wood Imports in Lithuania
In 2022, approx. 627K cubic meters of non-coniferous wood in chips or particles were imported into Lithuania; jumping by 242% against 2021. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 324%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, chipped non-coniferous wood imports skyrocketed to $13M in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 335% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Chipped Non-Coniferous Wood in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 0.5 | 0.2 | 2.8 | 12.1 | 189.2% |
| Belarus | 1.7 | 0.4 | 0.8 | 0.4 | -38.3% |
| Estonia | 1.3 | 0.1 | 0.2 | N/A | -60.8% |
| Others | 0.2 | 0.2 | 0.3 | 0.7 | 51.8% |
| Total | 3.8 | 0.9 | 4.1 | 13.2 | 51.4% |
Top Suppliers of Chipped Non-Coniferous Wood to Lithuania in 2022:
- Estonia (undefinedK cubic meters)
- Latvia (613.6K cubic meters)
- Belarus (11.9K cubic meters)
Chipped Non-Coniferous Wood Exports in Lithuania
In 2022, approx. 15K cubic meters of non-coniferous wood in chips or particles were exported from Lithuania; growing by 51% compared with 2021 figures. Overall, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 135% against the previous year. As a result, the exports reached the peak of 59K cubic meters. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, chipped non-coniferous wood exports surged to $2.1M in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent. The exports peaked at $3.5M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Chipped Non-Coniferous Wood in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 63.9 | 149 | 267 | 276 | 62.9% |
| Netherlands | 198 | 209 | 40.8 | 228 | 4.8% |
| Norway | N/A | N/A | 0.3 | 225 | 74900.0% |
| Latvia | 97.0 | 943 | 34.1 | 203 | 27.9% |
| Poland | 0.4 | 0.9 | 143 | 160 | 636.8% |
| United Kingdom | 1,755 | 1,482 | 75.8 | 138 | -57.2% |
| Belgium | 43.3 | 165 | 116 | 119 | 40.1% |
| Ireland | 116 | 244 | 181 | 115 | -0.3% |
| France | 61.7 | 116 | 106 | 23.2 | -27.8% |
| Others | 260 | 200 | 175 | 606 | 32.6% |
| Total | 2,596 | 3,510 | 1,140 | 2,093 | -6.9% |
Top Export Markets for Chipped Non-Coniferous Wood from Lithuania in 2022:
- Latvia (4.9K cubic meters)
- Poland (3.9K cubic meters)
- Germany (1.7K cubic meters)
- Belgium (1.3K cubic meters)
- Netherlands (1.0K cubic meters)
- Ireland (0.7K cubic meters)
- Norway (0.7K cubic meters)
- United Kingdom (0.5K cubic meters)
- France (0.2K cubic meters)
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