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Lithuania - Table, Kitchen Or Household Articles And Parts Of Iron - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIron Household Articles Price in Lithuania - 2023
Contents:
- Iron Household Articles Price in Lithuania (CIF) - 2023
- Iron Household Articles Price in Lithuania (FOB) - 2022
- Iron Household Articles Imports in Lithuania
- Iron Household Articles Exports in Lithuania
Iron Household Articles Price in Lithuania (CIF) - 2023
In October 2023, the average iron household articles import price amounted to $6,201 per ton, growing by 4.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in December 2022 an increase of 18% against the previous month. The import price peaked at $6,732 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($13,176 per ton), while the price for Sweden ($726 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Iron Household Articles Price in Lithuania (FOB) - 2022
The average iron household articles export price stood at $7,097 per ton in 2022, surging by 13% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron household articles export price increased by +14.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 47%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($15,124 per ton), while the average price for exports to Azerbaijan ($2,310 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 Uzbekistan (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Iron Household Articles Imports in Lithuania
In 2022, purchases abroad of table, kitchen or household articles and parts of iron was finally on the rise to reach 1.2K tons after two years of decline. Overall, imports, however, recorded a noticeable setback.
In value terms, iron household articles imports expanded slightly to $6.6M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Iron Household Articles in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,261 | 1,185 | 1,432 | 1,415 | 3.9% |
Germany | 1,052 | 890 | 1,301 | 1,403 | 10.1% |
Poland | 530 | 821 | 839 | 1,031 | 24.8% |
Italy | 939 | 931 | 885 | 877 | -2.3% |
Latvia | 374 | 322 | 370 | 568 | 14.9% |
Ukraine | 536 | 430 | 350 | 385 | -10.4% |
Turkey | 20.6 | 107 | 113 | 159 | 97.6% |
France | 327 | 53.7 | 103 | 74.2 | -39.0% |
Others | 638 | 608 | 989 | 683 | 2.3% |
Total | 5,678 | 5,347 | 6,382 | 6,594 | 5.1% |
Top Suppliers of Iron Household Articles to Lithuania in 2022:
- Germany (240.0 tons)
- China (239.3 tons)
- Poland (191.0 tons)
- Italy (138.3 tons)
- Ukraine (125.7 tons)
- Latvia (104.4 tons)
- Turkey (49.6 tons)
- France (9.6 tons)
Iron Household Articles Exports in Lithuania
In 2022, exports of table, kitchen or household articles and parts of iron from Lithuania fell sharply to 347 tons, which is down by -31.3% on 2021. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 4.1% against the previous year.
In value terms, iron household articles exports fell dramatically to $2.5M in 2022. In general, exports recorded a abrupt decline. The smallest decline of less than 0.1% was in 2020.
Export of Iron Household Articles in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 694 | 655 | 623 | 714 | 1.0% |
Russia | 859 | 986 | 1,080 | 496 | -16.7% |
Finland | 673 | 744 | 841 | 461 | -11.8% |
Estonia | 448 | 355 | 232 | 307 | -11.8% |
Kazakhstan | 54.6 | 43.1 | 51.0 | 98.3 | 21.7% |
Belarus | 246 | 249 | 173 | 65.5 | -35.7% |
Kyrgyzstan | 4.1 | 0.3 | 0.1 | 43.2 | 119.2% |
Others | 241 | 189 | 180 | 274 | 4.4% |
Total | 3,221 | 3,221 | 3,180 | 2,459 | -8.6% |
Top Export Markets for Iron Household Articles from Lithuania in 2022:
- Latvia (130.8 tons)
- Russia (72.8 tons)
- Estonia (51.5 tons)
- Finland (39.5 tons)
- Belarus (7.5 tons)
- Kazakhstan (6.5 tons)
- Kyrgyzstan (6.4 tons)
This report provides an in-depth analysis of the iron household articles 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 25991245 - Table, kitchen or household articles and parts thereof of iron other than cast iron, or steel other than stainless (excl. enamelled)
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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