Lithuania: Sawn Wood Market 2020

Sawn Wood Market Size in Lithuania

The revenue of the sawn wood market in Lithuania amounted to $X in 2018, reducing by -X% against the previous year. In general, sawn wood consumption continues to indicate a precipitous decrease. The pace of growth was the most pronounced in 2011, when the market value increased by X% y-o-y. Over the period under review, the sawn wood market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Sawn Wood Production in Lithuania

In value terms, sawn wood production totaled $X in 2018 estimated in export prices. In general, sawn wood production, however, continues to indicate a mild decline. The pace of growth appeared the most rapid in 2014, when the output figure increased by X% year-to-year. Over the period under review, sawn wood production attained its maximum level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Sawn Wood Exports

Exports from Lithuania

In 2018, sawn wood exports from Lithuania stood at X cubic meters, surging by X% against the previous year. Over the period under review, sawn wood exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. Lithuania exports peaked in 2018, and are likely to see steady growth in the near future.

In value terms, sawn wood exports totaled $X in 2018. In general, the total exports indicated a mild growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014, with an increase of X% y-o-y. Lithuania exports peaked in 2018, and are likely to see steady growth in the near future.

Exports by Country

Indonesia represented the key exporter of wood sawn or chipped lengthwise in the world, with the volume of exports finishing at X cubic meters, which was approx. X% of total exports in 2018. China (X cubic meters) took the second position in the ranking, distantly followed by Brazil (X cubic meters). All these countries together occupied approx. X% share of total exports. The following exporters - Peru (X cubic meters) and Malaysia (X cubic meters) - together made up X% of total exports.

Indonesia was also the fastest growing in terms of the wood sawn or chipped lengthwise exports, with a CAGR of +X% from 2007 to 2018. Brazil (-X%), Peru (-X%), China (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. While the share of China (X%), Brazil (X%), Malaysia (X%) and Peru (X%) increased significantly in terms of the global exports from 2007-2018, the share of Indonesia (-X%) displayed negative dynamics.

In value terms, Malaysia ($X), Indonesia ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by China, Lithuania and Peru, which together accounted for a further X terms of the main exporting countries, Lithuania experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2018, the sawn wood export price in Lithuania amounted to $X per thousand cubic meters, surging by X% against the previous year. In general, the sawn wood export price, however, continues to indicate an abrupt downturn. The growth pace was the most rapid in 2014, when the export price increased by X% against the previous year. Over the period under review, the export prices for wood sawn or chipped lengthwise attained their maximum at $X per thousand cubic meters in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Malaysia ($X per thousand cubic meters), while Indonesia ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Malaysia, while the other leaders experienced mixed trends in the export price figures.

Sawn Wood Imports

Imports into Lithuania

In 2018, imports of wood sawn or chipped lengthwise into Lithuania stood at X cubic meters, going down by -X% against the previous year. Over the period under review, sawn wood imports continue to indicate a deep drop. The growth pace was the most rapid in 2014, with an increase of X% year-to-year. In that year, sawn wood imports attained their peak of X cubic meters. From 2015 to 2018, the growth of sawn wood imports remained at a lower figure.

In value terms, sawn wood imports stood at $X in 2018. Over the period under review, sawn wood imports continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2011, when imports increased by X% year-to-year. Lithuania imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. (X cubic meters), the UK (X cubic meters) and Taiwan, Chinese (X cubic meters) represented roughly X% of total imports of wood sawn or chipped lengthwise in 2018. It was followed by Mexico (X cubic meters), France (X cubic meters), South Korea (X cubic meters) and Australia (X cubic meters), together constituting X% share of total imports. The following importers - Germany (X cubic meters), Japan (X cubic meters), Italy (X cubic meters), Saudi Arabia (X cubic meters) and India (X cubic meters) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, the largest sawn wood importing markets into Lithuania were the U.S. ($X), the UK ($X) and Italy ($X), together accounting for X% of total imports. Germany, France, Japan, India, Mexico, Australia, Saudi Arabia, South Korea, Lithuania and Taiwan, Chinese lagged somewhat behind, together comprising a further X terms of the main importing countries, India recorded the highest rates of growth with regard to imports, over the last eleven year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The sawn wood import price in Lithuania stood at $X per cubic meter in 2018, going up by X% against the previous year. Over the period under review, the sawn wood import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016, when the import price increased by X% against the previous year. Lithuania import price peaked in 2018, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Italy ($X per cubic meter), while Taiwan, Chinese ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Australia, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform