Lithuania: Preservative-Treated Rough Wood Market 2024

Preservative-Treated Rough Wood Market Size in Lithuania

After two years of growth, the Lithuanian preservative-treated rough wood market decreased by X% to $X in 2022. In general, consumption faced a precipitous curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Preservative-Treated Rough Wood Production in Lithuania

In value terms, preservative-treated rough wood production declined sharply to $X in 2022 estimated in export price. In general, production continues to indicate a sharp decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Preservative-Treated Rough Wood Exports

Exports from Lithuania

In 2022, exports of preservative-treated rough wood from Lithuania shrank to X cubic meters, with a decrease of X% against the previous year. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X cubic meters in 2021, and then declined in the following year.

In value terms, preservative-treated rough wood exports contracted sharply to $X in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Latvia (X cubic meters) was the main destination for preservative-treated rough wood exports from Lithuania, with a X% share of total exports. Moreover, preservative-treated rough wood exports to Latvia exceeded the volume sent to the second major destination, the UK (X cubic meters), more than tenfold. Cambodia (X cubic meters) 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 Latvia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Cambodia (X% per year).

In value terms, Latvia ($X) remains the key foreign market for preservative-treated rough wood exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

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

Export Prices by Country

The average preservative-treated rough wood export price stood at $X per cubic meter in 2022, with a decrease of X% against the previous year. Overall, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per cubic meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 the UK ($X per cubic meter), while the average price for exports to Latvia ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Preservative-Treated Rough Wood Imports

Imports into Lithuania

In 2022, approx. X cubic meters of preservative-treated rough wood were imported into Lithuania; reducing by X% against 2021. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X cubic meters in 2021, and then reduced remarkably in the following year.

In value terms, preservative-treated rough wood imports dropped markedly to $X in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at $X in 2021, and then reduced notably in the following year.

Imports by Country

Latvia (X cubic meters), Poland (X cubic meters) and Denmark (X cubic meters) were the main suppliers of preservative-treated rough wood imports to Lithuania, together comprising X% of total imports.

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

In value terms, Latvia ($X), Poland ($X) and Denmark ($X) constituted the largest preservative-treated rough wood suppliers to Lithuania, with a combined X% share of total imports.

In terms of the main suppliers, Denmark, with a CAGR of X%, recorded 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 preservative-treated rough wood import price stood at $X per cubic meter in 2022, rising by X% against the previous year. Overall, the import price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per cubic meter. From 2015 to 2022, the average import prices failed to regain momentum.

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 France ($X per cubic meter), while the price for Latvia ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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