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Lithuania - Iron Or Steel Expanded Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpanded Metal Price in Lithuania - 2023
Contents:
- Expanded Metal Price in Lithuania (CIF) - 2023
- Expanded Metal Price in Lithuania (FOB) - 2022
- Expanded Metal Imports in Lithuania
- Expanded Metal Exports in Lithuania
Expanded Metal Price in Lithuania (CIF) - 2023
In September 2023, the average expanded metal import price amounted to $1,009 per ton, falling by -9.4% against the previous month. Overall, the import price continues to indicate a mild setback. The pace of growth appeared the most rapid in December 2022 an increase of 40% against the previous month. As a result, import price attained the peak level of $1,774 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,396 per ton), while the price for Latvia ($902 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Estonia (+16.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Expanded Metal Price in Lithuania (FOB) - 2022
The average expanded metal export price stood at $4,574 per ton in 2022, with an increase of 88% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 an increase of 154% against the previous year. As a result, the export price attained the peak level of $5,395 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($8,702 per ton), while the average price for exports to Latvia ($3,128 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 Kazakhstan (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Expanded Metal Imports in Lithuania
In 2022, overseas purchases of iron or steel expanded metal were finally on the rise to reach 1.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, expanded metal imports skyrocketed to $2.1M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Expanded Metal in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 88.5 | 100 | 196 | 761 | 104.9% |
Poland | 128 | 55.7 | 32.6 | 743 | 79.7% |
Germany | 270 | 258 | 170 | 207 | -8.5% |
Czech Republic | 50.9 | 92.6 | 80.5 | 121 | 33.5% |
Latvia | 16.5 | 11.7 | 45.0 | 105 | 85.3% |
Finland | N/A | N/A | N/A | 60.6 | 0% |
Netherlands | N/A | N/A | N/A | 54.5 | 0% |
Ukraine | 68.7 | 31.9 | 79.8 | 29.2 | -24.8% |
Others | 10.0 | 47.1 | 51.7 | 47.9 | 68.6% |
Total | 633 | 597 | 656 | 2,129 | 49.8% |
Top Suppliers of Expanded Metal to Lithuania in 2022:
- Poland (524.3 tons)
- Italy (379.6 tons)
- Germany (115.1 tons)
- Latvia (56.6 tons)
- Czech Republic (35.5 tons)
- Finland (35.2 tons)
- Netherlands (23.9 tons)
- Ukraine (21.5 tons)
Expanded Metal Exports in Lithuania
In 2022, overseas shipments of iron or steel expanded metal decreased by -57.5% to 15 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 37% against the previous year. As a result, the exports reached the peak of 39 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, expanded metal exports dropped dramatically to $69K in 2022. Overall, exports showed a mild decrease. The pace of growth appeared the most rapid in 2020 with an increase of 27%. As a result, the exports attained the peak of $92K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Expanded Metal in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 30.8 | 53.2 | 57.3 | 34.8 | 4.2% |
Russia | 20.6 | 19.6 | 6.0 | 28.1 | 10.9% |
Estonia | 2.8 | 2.8 | 20.6 | 2.0 | -10.6% |
Belarus | 5.9 | N/A | N/A | 1.4 | -38.1% |
Kazakhstan | 1.1 | 13.9 | N/A | N/A | 1163.6% |
Others | 10.8 | 2.0 | 2.4 | 2.7 | -37.0% |
Total | 72.2 | 91.5 | 86.3 | 69.1 | -1.5% |
Top Export Markets for Expanded Metal from Lithuania in 2022:
- Latvia (11.1 tons)
- Russia (3.2 tons)
- Estonia (0.3 tons)
- Belarus (0.2 tons)
This report provides an in-depth analysis of the expanded metal market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25931350 - Iron or steel expanded metal
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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