Lithuania: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in Lithuania

In 2022, the Lithuanian paper and paperboard market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Paper and paperboard consumption peaked in 2022 and is expected to retain growth in years to come.

Paper And Paperboard Production in Lithuania

In value terms, paper and paperboard production fell to $X in 2022 estimated in export price. In general, production recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Paper And Paperboard Exports

Exports from Lithuania

In 2022, overseas shipments of paper and paperboard decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, paper and paperboard exports rose notably to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Poland (X tons) was the main destination for paper and paperboard exports from Lithuania, with a X% share of total exports. Moreover, paper and paperboard exports to Poland exceeded the volume sent to the second major destination, Estonia (X tons), twofold. Ukraine (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Ukraine (X% per year).

In value terms, Poland ($X) remains the key foreign market for paper and paperboard exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by Estonia ($X), with an X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average paper and paperboard export price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to India ($X 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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into Lithuania

After four years of growth, supplies from abroad of paper and paperboard decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, paper and paperboard imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Poland (X tons), Finland (X tons) and Sweden (X tons) were the main suppliers of paper and paperboard imports to Lithuania, together comprising X% of total imports. Russia, Germany, Latvia and Austria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paper and paperboard suppliers to Lithuania were Poland ($X), Finland ($X) and Sweden ($X), together comprising X% of total imports. Germany, Russia, Latvia and Austria lagged somewhat behind, together comprising a further X%.

Russia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper and paperboard import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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