Lithuania: Concrete Tile Market 2024

Concrete Tile Market Size in Lithuania

In 2022, after six years of growth, there was significant decline in the Lithuanian concrete tile market, when its value decreased by X% to $X. In general, consumption, however, saw prominent growth. Over the period under review, the market attained the peak level at $X in 2021, and then reduced in the following year.

Concrete Tile Production in Lithuania

In value terms, concrete tile production rose rapidly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a resilient increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production reached the peak level in 2022 and is expected to retain growth in years to come.

Concrete Tile Exports

Exports from Lithuania

In 2022, shipments abroad of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports saw a slight curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, concrete tile exports soared to $X in 2022. Over the period under review, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Sweden (X tons) was the main destination for concrete tile exports from Lithuania, accounting for a X% share of total exports. Moreover, concrete tile exports to Sweden exceeded the volume sent to the second major destination, Latvia (X tons), twofold. The third position in this ranking was taken by Estonia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Estonia (X% per year).

In value terms, Sweden ($X) remains the key foreign market for tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

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

Export Prices by Country

The average concrete tile export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2021 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Latvia ($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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Tile Imports

Imports into Lithuania

In 2022, supplies from abroad of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Overall, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then shrank rapidly in the following year.

In value terms, concrete tile imports declined markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, Belarus (X tons) constituted the largest concrete tile supplier to Lithuania, with a X% share of total imports. Moreover, concrete tile imports from Belarus exceeded the figures recorded by the second-largest supplier, Latvia (X tons), fourfold. Poland (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the largest concrete tile suppliers to Lithuania were Belarus ($X), Latvia ($X) and Poland ($X), with a combined X% share of total imports. Sweden and Estonia lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average concrete tile import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Estonia ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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