Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Lithuania - 2023

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Lithuania (CIF) - 2022
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Lithuania (FOB) - 2023
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Lithuania
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Lithuania

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Lithuania (CIF) - 2022

In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $8,005 per ton, increasing by 5.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.4%. The pace of growth was the most pronounced in 2013 when the average import price increased by 40% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($18,445 per ton), while the price for Turkey ($926 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Lithuania (FOB) - 2023

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $18,647 per ton in October 2023, which is down by -39.7% against the previous month. Overall, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 139% month-to-month. Over the period under review, the average export prices reached the maximum at $30,918 per ton in September 2023, and then dropped markedly in the following month.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was France ($44,934 per ton), while the average price for exports to Russia ($1,416 per ton) 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 France (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Lithuania

In 2022, approx. 896 tons of felt; whether or not impregnated, coated, covered or laminateds were imported into Lithuania; with a decrease of -10.8% on 2021 figures. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds declined to $7.2M in 2022. Overall, imports saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Lithuania in 2022:

1. Germany (340.0 tons)
2. Denmark (170.8 tons)
3. United Kingdom (92.0 tons)
4. Poland (74.0 tons)
5. Italy (70.9 tons)
6. Spain (53.0 tons)
7. China (47.1 tons)
8. Turkey (17.4 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Lithuania

For the third year in a row, Lithuania recorded decline in shipments abroad of felt; whether or not impregnated, coated, covered or laminateds, which decreased by -13.6% to 162 tons in 2022. In general, exports showed a abrupt decrease. The smallest decline of -8.1% was in 2020.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds shrank to $2.3M in 2022. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 0.5% against the previous year. As a result, the exports reached the peak of $3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Lithuania in 2022:

1. Russia (64.5 tons)
2. Germany (30.4 tons)
3. Poland (10.8 tons)
4. Belarus (9.3 tons)
5. France (9.3 tons)
6. Sweden (8.5 tons)
7. Denmark (8.2 tons)
8. Finland (6.1 tons)
9. Vietnam (4.2 tons)

Source: IndexBox Market Intelligence Platform