Lithuania: Sheet Piling Market 2024

Sheet Piling Market Size in Lithuania

In 2022, the Lithuanian sheet piling market was finally on the rise to reach $X after two years of decline. Overall, consumption showed a mild expansion. Sheet piling consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Sheet Piling Production in Lithuania

In value terms, sheet piling production soared to $X in 2022 estimated in export price. Overall, production recorded a significant expansion. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Sheet Piling Exports

Exports from Lithuania

In 2022, overseas shipments of sheet piling, shapes and sections (of iron or steel) decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, sheet piling exports fell to $X in 2022. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons), Sweden (X tons) and Latvia (X tons) were the main destinations of sheet piling exports from Lithuania, with a combined X% share of total exports. Norway, Estonia, Denmark, Germany and Russia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for sheet piling exported from Lithuania were France ($X), Sweden ($X) and Denmark ($X), with a combined X% share of total exports. Latvia, Germany, Norway, Estonia and Russia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sheet piling export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a slight decrease. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

Sheet Piling Imports

Imports into Lithuania

In 2022, after two years of decline, there was significant growth in supplies from abroad of sheet piling, shapes and sections (of iron or steel), when their volume increased by X% to X tons. In general, imports posted buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, sheet piling imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a strong increase. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of sheet piling to Lithuania, accounting for a X% share of total imports. Moreover, sheet piling imports from Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. Latvia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Latvia (X% per year).

In value terms, Poland ($X) constituted the largest supplier of sheet piling, shapes and sections (of iron or steel) to Lithuania, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average sheet piling import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price, however, enjoyed a measured increase. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank slightly in the following year.

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 Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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