Lithuania - Wadding - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWadding Price in Lithuania - 2023
Contents:
- Wadding Price in Lithuania (FOB) - 2023
- Wadding Price in Lithuania (CIF) - 2023
- Wadding Exports in Lithuania
- Wadding Imports in Lithuania
Wadding Price in Lithuania (FOB) - 2023
In October 2023, the average wadding export price amounted to $20,911 per ton, with a decrease of -10.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 26% month-to-month. As a result, the export price attained the peak level of $24,668 per ton. From March 2023 to October 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Greece ($27,176 per ton), while the average price for exports to Spain ($12,772 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 Belarus (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Wadding Price in Lithuania (CIF) - 2023
The average wadding import price stood at $10,237 per ton in October 2023, remaining stable against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.6%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 30% m-o-m. The import price peaked at $11,686 per ton in May 2023; however, from June 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Bulgaria ($12,874 per ton), while the price for Estonia ($3,400 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Wadding Exports in Lithuania
In 2022, overseas shipments of wadding were finally on the rise to reach 9.4K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wadding exports skyrocketed to $156M in 2022. The total export value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wadding in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 41.8 | 24.9 | 18.2 | 33.9 | -6.7% |
| Turkey | 6.1 | 5.3 | 7.6 | 19.4 | 47.1% |
| Serbia | 1.6 | 7.8 | 8.5 | 10.2 | 85.4% |
| Greece | 2.4 | 8.1 | 10.8 | 9.6 | 58.7% |
| Belarus | 18.8 | 11.1 | 7.9 | 8.2 | -24.2% |
| Switzerland | 16.4 | 7.7 | 4.7 | 8.0 | -21.3% |
| Poland | 3.9 | 7.0 | 8.8 | 7.1 | 22.1% |
| Philippines | 0.5 | 0.6 | 1.4 | 5.6 | 123.7% |
| Germany | 7.5 | 3.5 | 3.2 | 4.8 | -13.8% |
| Bulgaria | 1.4 | 0.3 | 1.4 | 4.0 | 41.9% |
| Ukraine | 6.6 | 7.8 | 6.6 | 2.8 | -24.9% |
| Nigeria | N/A | 1.8 | 2.6 | 2.7 | 22.5% |
| Romania | 0.6 | 0.5 | 1.0 | 2.6 | 63.0% |
| Others | 23.4 | 33.1 | 33.2 | 36.6 | 16.1% |
| Total | 131 | 119 | 116 | 156 | 6.0% |
Top Export Markets for Wadding from Lithuania in 2022:
- Russia (2189.2 tons)
- Turkey (1148.8 tons)
- Belarus (764.6 tons)
- Greece (631.3 tons)
- Serbia (501.2 tons)
- Poland (450.8 tons)
- Germany (389.2 tons)
- Bulgaria (359.4 tons)
- Switzerland (312.3 tons)
- Romania (221.0 tons)
- Ukraine (194.3 tons)
- Philippines (180.1 tons)
- Nigeria (169.8 tons)
Wadding Imports in Lithuania
In 2022, supplies from abroad of wadding increased by 22% to 3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wadding imports skyrocketed to $21M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern.
| Import of Wadding in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 5.1 | 7.6 | 7.2 | 13.2 | 37.3% |
| Poland | 9.3 | 2.9 | 1.8 | 2.5 | -35.5% |
| Latvia | 1.1 | 1.2 | 1.5 | 1.7 | 15.6% |
| Czech Republic | 1.2 | 2.4 | 1.8 | 1.1 | -2.9% |
| Germany | 0.5 | 0.4 | 0.5 | 0.6 | 6.3% |
| Estonia | 0.2 | 0.4 | 0.3 | 0.5 | 35.7% |
| China | 0.5 | 0.4 | 1.3 | 0.3 | -15.7% |
| Serbia | 0.7 | 0.4 | N/A | 0.1 | -47.7% |
| Others | 2.3 | 1.2 | 1.2 | 0.9 | -26.9% |
| Total | 20.7 | 17.0 | 15.8 | 20.7 | 0.0% |
Top Suppliers of Wadding to Lithuania in 2022:
- Bulgaria (1646.5 tons)
- Poland (402.8 tons)
- Latvia (265.1 tons)
- Estonia (191.2 tons)
- Czech Republic (190.0 tons)
- Germany (85.1 tons)
- China (48.9 tons)
- Serbia (16.4 tons)
This report provides an in-depth analysis of the wadding 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 17221240 - Wadding, other articles of wadding
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
-
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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