Lithuania - Sawnwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Lithuania - Sawnwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Sawnwood (Coniferous) Price in Lithuania - 2023

Contents:

  1. Sawnwood (Coniferous) Price in Lithuania (FOB) - 2023
  2. Sawnwood (Coniferous) Price in Lithuania (CIF) - 2022
  3. Sawnwood (Coniferous) Exports in Lithuania
  4. Sawnwood (Coniferous) Imports in Lithuania

Sawnwood (Coniferous) Price in Lithuania (FOB) - 2023

The average sawnwood (coniferous) export price stood at $229 per cubic meter in September 2023, increasing by 2.2% against the previous month. Over the period under review, the export price, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in April 2023 an increase of 9.4% against the previous month. Over the period under review, the average export prices reached the peak figure at $293 per cubic meter in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Australia ($355 per cubic meter), while the average price for exports to Saudi Arabia ($135 per cubic meter) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-0.0%), while the prices for the other major destinations experienced a decline.

Sawnwood (Coniferous) Price in Lithuania (CIF) - 2022

In 2022, the average sawnwood (coniferous) import price amounted to $246 per cubic meter, increasing by 18% against the previous year. Over the period under review, the import price enjoyed noticeable growth. The pace of growth appeared the most rapid in 2021 an increase of 83% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Estonia ($423 per cubic meter), while the price for Poland ($102 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sawnwood (Coniferous) Exports in Lithuania

In 2022, shipments abroad of sawnwood (coniferous) decreased by -11.3% to 1.1M cubic meters, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, the exports reached the peak of 1.3M cubic meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sawnwood (coniferous) exports contracted modestly to $357M in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 64% against the previous year. As a result, the exports attained the peak of $375M, and then declined modestly in the following year.

Export of Sawnwood (Coniferous) in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia10.413.143.383.199.9%
France27.522.852.137.210.6%
Germany9.515.337.736.055.9%
South Korea10.810.625.120.523.8%
Spain5.20.92.720.357.5%
United Kingdom26.627.634.517.8-12.5%
Saudi Arabia8.211.330.615.222.8%
Poland4.98.812.914.944.9%
Denmark9.615.629.513.512.0%
Latvia6.914.815.210.615.4%
Italy5.95.29.210.320.4%
Netherlands2.95.88.49.548.5%
China20.427.14.70.3-75.5%
Others38.649.068.967.320.4%
Total18722837535724.1%

Top Export Markets for Sawnwood (Coniferous) from Lithuania in 2022:

  1. Germany (145.3K cubic meters)
  2. Australia (135.6K cubic meters)
  3. France (110.0K cubic meters)
  4. Spain (82.5K cubic meters)
  5. South Korea (80.9K cubic meters)
  6. Saudi Arabia (60.8K cubic meters)
  7. United Kingdom (51.9K cubic meters)
  8. Latvia (47.8K cubic meters)
  9. Poland (45.1K cubic meters)
  10. Italy (40.1K cubic meters)
  11. Netherlands (40.1K cubic meters)
  12. Denmark (39.9K cubic meters)
  13. China (2.2K cubic meters)

Sawnwood (Coniferous) Imports in Lithuania

In 2022, purchases abroad of sawnwood (coniferous) decreased by -42.7% to 1M cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 7.9% against the previous year. Over the period under review, imports attained the maximum at 1.8M cubic meters in 2021, and then shrank significantly in the following year.

In value terms, sawnwood (coniferous) imports dropped dramatically to $250M in 2022. In general, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 88% against the previous year. As a result, imports attained the peak of $371M, and then plummeted in the following year.

Import of Sawnwood (Coniferous) in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus10712017678.8-9.7%
Russia26.332.183.241.616.5%
Latvia22.522.348.140.922.0%
Estonia8.010.824.927.550.9%
Sweden3.94.98.226.890.1%
Finland5.94.412.517.844.5%
Poland0.90.22.03.963.0%
Others2.52.517.012.872.4%
Total17719737125012.2%

Top Suppliers of Sawnwood (Coniferous) to Lithuania in 2022:

  1. Belarus (421.6K cubic meters)
  2. Latvia (179.5K cubic meters)
  3. Russia (134.4K cubic meters)
  4. Sweden (84.1K cubic meters)
  5. Estonia (65.0K cubic meters)
  6. Finland (51.6K cubic meters)
  7. Poland (38.3K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sawnwood (coniferous) 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 1632 - Sawnwood, 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:

  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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