Lithuania - Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Lithuania - Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Woven Glass Fibre Articles in Lithuania - 2022

Contents:

  1. Price for Non-Woven Glass Fibre Articles in Lithuania (CIF) - 2022
  2. Price for Non-Woven Glass Fibre Articles in Lithuania (FOB) - 2022
  3. Imports of Non-Woven Glass Fibre Articles in Lithuania
  4. Exports of Non-Woven Glass Fibre Articles in Lithuania

Price for Non-Woven Glass Fibre Articles in Lithuania (CIF) - 2022

The average non-woven glass fibre articles import price stood at $1,737 per ton in December 2021, growing by 4.4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2021 an increase of 8.9% against the previous month. The import price peaked at $1,820 per ton in September 2021; however, from October 2021 to December 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Sweden ($4,580 per ton), while the price for Finland ($1,386 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Woven Glass Fibre Articles in Lithuania (FOB) - 2022

In December 2021, the average non-woven glass fibre articles export price amounted to $1,639 per ton, falling by -1.7% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2021 an increase of 8.4% month-to-month. Over the period under review, the average export prices hit record highs at $1,728 per ton in April 2021; however, from May 2021 to December 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In December 2021, the country with the highest price was Ireland ($2,253 per ton), while the average price for exports to Estonia ($858 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Woven Glass Fibre Articles in Lithuania

In 2022, non-woven glass fibre articles imports into Lithuania fell to 12K tons, waning by -13.4% against the previous year's figure. In general, imports showed a perceptible contraction. The pace of growth was the most pronounced in 2021 when imports increased by 31%. As a result, imports reached the peak of 13K tons, and then fell in the following year.

In value terms, non-woven glass fibre articles imports shrank remarkably to $19M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, imports reached the peak of $23M, and then declined significantly in the following year.

Import of Non-Woven Glass Fibre Articles in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic5.85.97.36.96.0%
Finland3.53.14.54.37.1%
China5.13.52.73.5-11.8%
Sweden0.91.31.51.415.9%
TurkeyN/A0.10.80.8182.8%
Poland0.80.40.70.7-4.4%
Russia0.8N/AN/A0.3-27.9%
IndiaN/A0.22.4N/A1100.0%
Others2.11.12.81.4-12.6%
Total19.015.822.819.30.5%

Top Suppliers of Non-Woven Glass Fibre Articles to Lithuania in 2022:

  1. Czech Republic (4.6K tons)
  2. Finland (3.1K tons)
  3. China (2.5K tons)
  4. Poland (0.4K tons)
  5. Sweden (0.3K tons)
  6. Turkey (0.2K tons)
  7. Russia (0.2K tons)

Exports of Non-Woven Glass Fibre Articles in Lithuania

In 2022, after three years of growth, there was significant decline in overseas shipments of non-woven glass fibre webs, felts, mattresses and boards, when their volume decreased by -16.4% to 8.5K tons. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 542%.

In value terms, non-woven glass fibre articles exports dropped remarkably to $14M in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 440%.

Export of Non-Woven Glass Fibre Articles in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A3.76.47.340.5%
PolandN/A1.42.42.738.9%
Estonia0.50.31.11.233.9%
Latvia0.50.40.60.711.9%
FranceN/A0.20.40.558.1%
Ireland0.10.10.30.344.2%
SpainN/A2.81.8N/A-35.7%
United KingdomN/A1.42.1N/A50.0%
Others1.01.01.51.39.1%
Total2.111.416.614.088.2%

Top Export Markets for Non-Woven Glass Fibre Articles from Lithuania in 2022:

  1. Germany (4.2K tons)
  2. Estonia (1.5K tons)
  3. Poland (1.5K tons)
  4. Latvia (0.7K tons)
  5. France (0.2K tons)
  6. Ireland (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-woven glass fibre articles 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 23141250 - Non-woven glass fibre webs, felts, mattresses and boards

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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