Lithuania: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Lithuania

After seven years of growth, the Lithuanian market for tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by X% to $X in 2023. Over the period under review, consumption saw a resilient expansion. Over the period under review, the market hit record highs at $X in 2022, and then shrank slightly in the following year.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Lithuania

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone fell to $X in 2023 estimated in export price. In general, production saw strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2022, and then fell in the following year.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from Lithuania

Exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Lithuania totaled X tons in 2023, picking up by X% on the previous year's figure. In general, exports, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone contracted to $X in 2023. Overall, exports posted resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons) was the main destination for exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Lithuania, with a X% share of total exports. Moreover, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Sweden exceeded the volume sent to the second major destination, Latvia (X tons), ninefold. The third position in this ranking was taken by Estonia (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume 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 Estonia (X% per year).

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

From 2012 to 2023, the average annual growth rate 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 export price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2022, and then contracted in the following year.

Prices varied noticeably by country of destination: 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 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into Lithuania

In 2023, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone into Lithuania soared to X tons, growing by X% against 2022 figures. Overall, imports recorded a prominent increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to see steady growth in the near future.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone declined notably to $X in 2023. In general, imports showed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2022, and then contracted significantly in the following year.

Imports by Country

Poland (X tons), Latvia (X tons) and Sweden (X tons) were the main suppliers of imports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Lithuania, with a combined X% share of total imports. Finland, Estonia and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tiles, flagstones and similar articles of cement, concrete or artificial stone suppliers to Lithuania were Poland ($X), Latvia ($X) and Sweden ($X), with a combined X% share of total imports.

Among 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

The average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2023, declining by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2022, and then contracted markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2023, 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