Lithuania - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMineral Wool Price in Lithuania - 2023
Contents:
- Mineral Wool Price in Lithuania (FOB) - 2023
- Mineral Wool Price in Lithuania (CIF) - 2023
- Mineral Wool Exports in Lithuania
- Mineral Wool Imports in Lithuania
Mineral Wool Price in Lithuania (FOB) - 2023
In September 2023, the average mineral wool export price amounted to $1,014 per ton, picking up by 7.8% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in February 2023 when the average export price increased by 11% month-to-month. Over the period under review, the average export prices reached the maximum at $1,053 per ton in March 2023; however, from April 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In September 2023, the countries with the highest prices were Slovenia ($1,065 per ton) and Estonia ($975 per ton), while the average price for exports to Ukraine ($814 per ton) and Poland ($905 per ton) 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 Finland (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Mineral Wool Price in Lithuania (CIF) - 2023
In September 2023, the average mineral wool import price amounted to $1,183 per ton, surging by 6.7% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 10% month-to-month. As a result, import price attained the peak level of $1,275 per ton. From January 2023 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 Finland ($2,242 per ton), while the price for Poland ($1,071 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Mineral Wool Exports in Lithuania
For the third consecutive year, Lithuania recorded decline in overseas shipments of slag wool, rock wool and similar mineral wools and mixtures, which decreased by -7.3% to 57K tons in 2022. In general, exports showed a perceptible setback. The smallest decline of -3.5% was in 2020.
In value terms, mineral wool exports skyrocketed to $49M in 2022. The total export value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mineral Wool in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 13.4 | 11.0 | 9.6 | 18.6 | 11.5% |
| Latvia | 10.8 | 10.1 | 11.2 | 14.7 | 10.8% |
| Estonia | 7.5 | 6.6 | 7.2 | 5.9 | -7.7% |
| Slovakia | 0.7 | 0.6 | 0.8 | 1.7 | 34.4% |
| Slovenia | 0.2 | 0.2 | 0.9 | 1.6 | 100.0% |
| Finland | 0.6 | 0.4 | 2.0 | 1.5 | 35.7% |
| Ukraine | 1.2 | 1.6 | 1.5 | 0.7 | -16.4% |
| Hungary | 0.5 | 0.4 | 0.6 | 0.7 | 11.9% |
| Russia | 2.6 | 4.3 | 2.5 | 0.5 | -42.3% |
| Belarus | 0.9 | 0.7 | 1.0 | N/A | 5.4% |
| Others | 2.6 | 3.0 | 2.6 | 3.2 | 7.2% |
| Total | 41.0 | 39.0 | 39.8 | 49.2 | 6.3% |
Top Export Markets for Mineral Wool from Lithuania in 2022:
- Belarus (undefinedK tons)
- Poland (22.1K tons)
- Latvia (17.3K tons)
- Estonia (6.6K tons)
- Finland (2.3K tons)
- Slovenia (1.8K tons)
- Slovakia (1.8K tons)
- Hungary (1.0K tons)
- Ukraine (0.9K tons)
- Russia (0.7K tons)
Mineral Wool Imports in Lithuania
In 2022, after three years of growth, there was significant decline in supplies from abroad of slag wool, rock wool and similar mineral wools and mixtures, when their volume decreased by -21.3% to 19K tons. Over the period under review, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year.
In value terms, mineral wool imports expanded sharply to $20M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Mineral Wool in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 8.1 | 9.3 | 10.5 | 12.5 | 15.6% |
| Finland | 1.4 | 1.0 | 0.9 | 2.0 | 12.6% |
| Czech Republic | 1.1 | 1.7 | 1.1 | 1.6 | 13.3% |
| Sweden | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Germany | 0.9 | 0.7 | 0.6 | 0.5 | -17.8% |
| Russia | 1.7 | 2.4 | 2.2 | 0.5 | -33.5% |
| Norway | 0.9 | 0.4 | 0.5 | 0.4 | -23.7% |
| Latvia | 0.6 | 0.2 | 0.4 | 0.2 | -30.7% |
| Others | 1.3 | 1.1 | 1.2 | 1.4 | 2.5% |
| Total | 16.2 | 17.0 | 17.5 | 19.7 | 6.7% |
Top Suppliers of Mineral Wool to Lithuania in 2022:
- Poland (13.6K tons)
- Finland (1.2K tons)
- Czech Republic (1.0K tons)
- Russia (0.7K tons)
- Sweden (0.6K tons)
- Norway (0.4K tons)
- Latvia (0.3K tons)
- Germany (0.2K tons)
This report provides an in-depth analysis of the mineral wool 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:
- Prodcom 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls
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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For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
839
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
1007
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
708
For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
839
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
1007
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
