Lithuania - Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingConiferous Roundwood Price in Lithuania - 2023
Contents:
- Coniferous Roundwood Price in Lithuania (FOB) - 2023
- Coniferous Roundwood Price in Lithuania (CIF) - 2023
- Coniferous Roundwood Exports in Lithuania
- Coniferous Roundwood Imports in Lithuania
Coniferous Roundwood Price in Lithuania (FOB) - 2023
The average coniferous roundwood export price stood at $91.3 per cubic meter in October 2023, rising by 1.6% against the previous month. Over the period under review, the export price, however, saw a slight setback. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 4.4% month-to-month. Over the period under review, the average export prices attained the maximum at $109 per cubic meter in October 2022; however, from November 2022 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Thailand ($92.5 per cubic meter), while the average price for exports to Finland ($50.3 per cubic meter) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Coniferous Roundwood Price in Lithuania (CIF) - 2023
The average coniferous roundwood import price stood at $111 per cubic meter in October 2023, approximately equating the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 12% month-to-month. Over the period under review, average import prices attained the peak figure at $112 per cubic meter in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Latvia ($76.6 per cubic meter), while the price for Poland amounted to $62.5 per cubic meter.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.1%).
Coniferous Roundwood Exports in Lithuania
In 2022, the amount of roundwood (coniferous) exported from Lithuania declined notably to 458K cubic meters, shrinking by -29% against 2021 figures. Overall, exports continue to indicate a sharp slump. The growth pace was the most rapid in 2021 when exports increased by 1.5% against the previous year. Over the period under review, the exports reached the maximum at 1.1M cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, coniferous roundwood exports reduced dramatically to $46M in 2022. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports attained the maximum at $62M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Coniferous Roundwood in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 27.2 | 23.5 | 40.0 | 23.5 | -4.8% |
Poland | 6.6 | 6.4 | 7.7 | 14.8 | 30.9% |
Finland | 2.6 | 3.0 | 2.3 | 3.6 | 11.5% |
Germany | 1.9 | 1.6 | 1.8 | 2.9 | 15.1% |
China | 20.3 | 6.1 | 5.6 | 0.1 | -83.0% |
Sweden | 1.5 | 1.1 | 0.2 | N/A | -63.5% |
Others | 1.6 | 0.7 | 2.8 | 1.4 | -4.4% |
Total | 61.7 | 42.3 | 60.3 | 46.2 | -9.2% |
Top Export Markets for Coniferous Roundwood from Lithuania in 2022:
- Latvia (216.9K cubic meters)
- Poland (154.2K cubic meters)
- Finland (38.8K cubic meters)
- Germany (37.5K cubic meters)
- China (0.4K cubic meters)
Coniferous Roundwood Imports in Lithuania
In 2022, approx. 149K cubic meters of roundwood (coniferous) were imported into Lithuania; with a decrease of -8.4% compared with 2021. Over the period under review, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Imports peaked at 207K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, coniferous roundwood imports expanded to $16M in 2022. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Coniferous Roundwood in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 8.2 | 7.5 | 13.9 | 14.8 | 21.8% |
Germany | N/A | N/A | 0.7 | 0.4 | -42.9% |
Belarus | 0.6 | 0.9 | N/A | N/A | 50.0% |
Others | 0.4 | 0.1 | 0.3 | 0.4 | 0.0% |
Total | 9.2 | 8.6 | 14.9 | 15.6 | 19.2% |
Top Suppliers of Coniferous Roundwood to Lithuania in 2022:
- Poland (142.1K cubic meters)
- Germany (3.9K cubic meters)
This report provides an in-depth analysis of the coniferous roundwood market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1862 - Roundwood, coniferous
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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