Hardboard Price in Lithuania - 2023
Contents:
- Hardboard Price in Lithuania (CIF) - 2023
- Hardboard Price in Lithuania (FOB) - 2023
- Hardboard Imports in Lithuania
- Hardboard Exports in Lithuania
Hardboard Price in Lithuania (CIF) - 2023
In September 2023, the average hardboard import price amounted to $793 per cubic meter, remaining relatively unchanged against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 13% against the previous month. As a result, import price attained the peak level of $934 per cubic meter. From February 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,355 per cubic meter), while the price for Poland ($774 per cubic meter) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Latvia (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Hardboard Price in Lithuania (FOB) - 2023
The average hardboard export price stood at $527 per cubic meter in September 2023, remaining constant against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 13% month-to-month. Over the period under review, the average export prices attained the peak figure at $605 per cubic meter in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In September 2023, the highest price was recorded for prices to Sweden ($610 per cubic meter) and Finland ($559 per cubic meter), while the average price for exports to Poland ($489 per cubic meter) and Germany ($498 per cubic meter) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Hardboard Imports in Lithuania
In 2022, approx. 115K cubic meters of hardboard were imported into Lithuania; increasing by 3.7% on 2021. The total import volume increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, hardboard imports soared to $87M in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Hardboard in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 36.5 | 36.6 | 54.0 | 76.4 | 27.9% |
| Belarus | 2.4 | 5.9 | 14.3 | 5.3 | 30.2% |
| Latvia | 1.4 | 1.4 | 1.0 | 2.3 | 18.0% |
| Germany | 1.5 | 2.5 | 2.3 | 1.8 | 6.3% |
| Others | 1.9 | 2.2 | 0.9 | 1.8 | -1.8% |
| Total | 43.6 | 48.6 | 72.5 | 87.5 | 26.1% |
Top Suppliers of Hardboard to Lithuania in 2022:
- Poland (96.7K cubic meters)
- Belarus (12.0K cubic meters)
- Latvia (3.1K cubic meters)
- Germany (1.3K cubic meters)
Hardboard Exports in Lithuania
In 2022, overseas shipments of hardboard decreased by -11.5% to 54K cubic meters, falling for the second year in a row after two years of growth. Over the period under review, exports showed a noticeable downturn. The most prominent rate of growth was recorded in 2020 with an increase of 5.1%. As a result, the exports reached the peak of 62K cubic meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, hardboard exports reached $25M in 2022. The total export value increased at an average annual rate of +13.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Hardboard in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 7.3 | 8.0 | 8.9 | 10.8 | 13.9% |
| Sweden | 1.4 | 2.7 | 3.6 | 3.7 | 38.3% |
| Netherlands | 1.0 | 0.7 | 1.6 | 2.2 | 30.1% |
| Denmark | 1.2 | 1.4 | 1.8 | 1.9 | 16.6% |
| Latvia | 0.8 | 1.0 | 1.3 | 1.3 | 17.6% |
| Germany | 1.9 | 1.1 | 1.3 | 1.3 | -11.9% |
| Estonia | 0.9 | 1.1 | 0.5 | 0.7 | -8.0% |
| Others | 2.6 | 2.5 | 3.0 | 3.1 | 6.0% |
| Total | 17.2 | 18.5 | 22.1 | 25.0 | 13.3% |
Top Export Markets for Hardboard from Lithuania in 2022:
- Poland (25.1K cubic meters)
- Sweden (7.2K cubic meters)
- Netherlands (4.4K cubic meters)
- Denmark (4.1K cubic meters)
- Latvia (2.7K cubic meters)
- Germany (2.7K cubic meters)
- Estonia (1.5K cubic meters)
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