Waferboard Price in Lithuania - 2023
Contents:
- Waferboard Price in Lithuania (CIF) - 2023
- Waferboard Price in Lithuania (FOB) - 2023
- Waferboard Imports in Lithuania
- Waferboard Exports in Lithuania
Waferboard Price in Lithuania (CIF) - 2023
The average waferboard import price stood at $272 per cubic meter in September 2023, reducing by -4.8% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 10% against the previous month. The import price peaked at $348 per cubic meter in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($408 per cubic meter), while the price for Ukraine ($209 per cubic meter) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Waferboard Price in Lithuania (FOB) - 2023
The average waferboard export price stood at $211 per cubic meter in September 2023, waning by -14% against the previous month. In general, the export price recorded a mild decrease. The pace of growth was the most pronounced in March 2023 when the average export price increased by 19% m-o-m. The export price peaked at $295 per cubic meter in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Latvia ($513 per cubic meter), while the average price for exports to Germany ($144 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 Latvia (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Waferboard Imports in Lithuania
In 2022, supplies from abroad of waferboards decreased by -5% to 442K cubic meters, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of 9.8%. As a result, imports reached the peak of 518K cubic meters. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, waferboard imports rose markedly to $124M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 30%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Waferboard in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 19.2 | 28.8 | 39.9 | 49.5 | 37.1% |
| Latvia | 27.2 | 28.4 | 34.2 | 46.0 | 19.1% |
| Belarus | 12.9 | 13.0 | 13.2 | 8.8 | -12.0% |
| Germany | 2.4 | 2.0 | 2.5 | 3.0 | 7.7% |
| Estonia | 1.2 | 0.9 | 2.2 | 2.8 | 32.6% |
| Russia | 6.3 | 7.5 | 11.2 | 2.8 | -23.7% |
| Ukraine | N/A | N/A | 0.3 | 2.2 | 633.3% |
| Others | 8.2 | 5.6 | 8.6 | 9.4 | 4.7% |
| Total | 77.4 | 86.2 | 112 | 124 | 17.0% |
Top Suppliers of Waferboard to Lithuania in 2022:
- Latvia (169.6K cubic meters)
- Poland (166.4K cubic meters)
- Belarus (45.7K cubic meters)
- Russia (14.0K cubic meters)
- Estonia (12.5K cubic meters)
- Germany (8.4K cubic meters)
- Ukraine (8.0K cubic meters)
Waferboard Exports in Lithuania
In 2022, after three years of growth, there was significant decline in overseas shipments of waferboards, when their volume decreased by -11% to 107K cubic meters. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 127%. As a result, the exports reached the peak of 120K cubic meters, and then reduced in the following year.
In value terms, waferboard exports surged to $29M in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Waferboard in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3.1 | 4.6 | 17.1 | 15.3 | 70.3% |
| Germany | 0.5 | N/A | 3.5 | 10.5 | 175.9% |
| Latvia | 0.8 | 0.9 | 1.1 | 0.9 | 4.0% |
| Sweden | 0.1 | 1.9 | 0.1 | 0.5 | 71.0% |
| Russia | 1.0 | 1.0 | 0.7 | 0.4 | -26.3% |
| Others | 0.8 | 0.9 | 0.9 | 1.0 | 7.7% |
| Total | 6.4 | 9.4 | 23.4 | 28.7 | 64.9% |
Top Export Markets for Waferboard from Lithuania in 2022:
- Poland (65.4K cubic meters)
- Germany (35.7K cubic meters)
- Latvia (1.8K cubic meters)
- Sweden (1.2K cubic meters)
- Russia (0.7K cubic meters)
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