Report Update: Apr 1, 2024

Lithuania - Sheet Piling, Shapes And Sections (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Sheet Piling Price in Lithuania - 2023

Sheet Piling Price in Lithuania (CIF) - 2022

In 2022, the average sheet piling import price amounted to $2,145 per ton, reducing by -3.1% against the previous year. Over the period under review, the import price, however, posted a tangible expansion. The growth pace was the most rapid in 2016 when the average import price increased by 70% against the previous year. Over the period under review, average import prices hit record highs at $2,213 per ton in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,645 per ton), while the price for the Czech Republic ($1,254 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Sheet Piling Price in Lithuania (FOB) - 2022

The average sheet piling export price stood at $3,416 per ton in 2022, surging by 7.4% against the previous year. Over the period under review, the export price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2014 an increase of 37%. Over the period under review, the average export prices attained the peak figure at $4,004 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($6,491 per ton), while the average price for exports to Estonia ($1,207 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sheet Piling Imports in Lithuania

After two years of decline, purchases abroad of sheet piling, shapes and sections (of iron or steel) increased by 20% to 5.2K tons in 2022. In general, imports, however, recorded a sharp reduction.

In value terms, sheet piling imports soared to $11M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sheet Piling in Lithuania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	2.7	1.9	6.2	7.4	39.9%
Czech Republic	0.7	0.7	1.0	1.7	34.4%
Netherlands	0.1	0.1	0.5	0.5	71.0%
Latvia	2.0	N/A	0.5	0.5	-37.0%
Germany	0.5	0.7	0.7	0.4	-7.2%
Estonia	1.0	1.2	N/A	0.1	-53.6%
Luxembourg	2.8	5.1	N/A	N/A	82.1%
Others	0.4	0.3	0.7	0.5	7.7%
Total	10.3	10.1	9.7	11.2	2.8%

Top Suppliers of Sheet Piling to Lithuania in 2022:

Poland (3155.0 tons)
Czech Republic (1385.8 tons)
Latvia (291.1 tons)
Netherlands (167.3 tons)
Germany (122.6 tons)
Estonia (22.6 tons)

Sheet Piling Exports in Lithuania

In 2022, shipments abroad of sheet piling, shapes and sections (of iron or steel) decreased by -16.1% to 2.7K tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 4.4%. As a result, the exports reached the peak of 5K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sheet piling exports reduced to $9.1M in 2022. Overall, exports faced a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 4.2% against the previous year. As a result, the exports reached the peak of $14M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Sheet Piling in Lithuania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	1.7	2.2	2.7	2.9	19.5%
Sweden	0.6	0.4	0.7	2.4	58.7%
Denmark	0.6	0.7	1.3	0.9	14.5%
Latvia	1.1	1.2	1.6	0.6	-18.3%
Germany	0.2	0.2	0.3	0.3	14.5%
Belgium	1.1	N/A	1.5	0.3	-35.2%
Norway	0.3	0.1	0.4	0.3	0.0%
Estonia	4.2	3.6	0.4	0.2	-63.8%
United Kingdom	3.0	4.0	0.2	0.2	-59.5%
Others	0.2	1.0	1.1	1.0	71.0%
Total	13.0	13.5	10.1	9.1	-11.2%

Top Export Markets for Sheet Piling from Lithuania in 2022:

France (732.8 tons)
Sweden (601.5 tons)
Latvia (357.2 tons)
Norway (226.9 tons)
Estonia (164.4 tons)
Denmark (143.5 tons)
Germany (113.0 tons)
United Kingdom (48.0 tons)
Belgium (38.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sheet piling 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 24107410 - Sheet piling (of steel)
Prodcom 24107420 - Welded and cold-formed sections (of steel)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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