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Lithuania - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Container Price in Lithuania - 2023
Contents:
- Plastic Container Price in Lithuania (FOB) - 2022
- Plastic Container Price in Lithuania (CIF) - 2022
- Plastic Container Exports in Lithuania
- Plastic Container Imports in Lithuania
Plastic Container Price in Lithuania (FOB) - 2022
The average plastic container export price stood at $5,581 per ton in 2022, jumping by 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($7,374 per ton), while the average price for exports to Poland ($4,528 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 Russia (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Container Price in Lithuania (CIF) - 2022
In 2022, the average plastic container import price amounted to $3,649 per ton, which is down by -7.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 7.2% against the previous year. The import price peaked at $3,962 per ton in 2021, and then reduced in the following year.
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 Italy ($8,957 per ton), while the price for Slovakia ($1,709 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Container Exports in Lithuania
In 2022, after three years of growth, there was significant decline in shipments abroad of plastic containers, when their volume decreased by -17.4% to 6K tons. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 13%.
In value terms, plastic container exports declined modestly to $33M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, the exports attained the peak of $35M, and then fell in the following year.
Export of Plastic Container in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.0 | 3.3 | 4.6 | 4.5 | 31.0% |
Russia | 2.5 | 2.3 | 1.7 | 3.9 | 16.0% |
Sweden | 1.4 | 1.8 | 2.9 | 3.4 | 34.4% |
Netherlands | 3.0 | 3.4 | 4.5 | 3.0 | 0.0% |
United Kingdom | 1.6 | 1.9 | 3.0 | 2.9 | 21.9% |
Poland | 2.2 | 2.1 | 2.5 | 2.6 | 5.7% |
Latvia | 2.3 | 2.2 | 2.5 | 2.3 | 0.0% |
Slovakia | 1.0 | 1.5 | 2.2 | 1.9 | 23.9% |
Estonia | 1.2 | 1.1 | 1.6 | 1.5 | 7.7% |
Hungary | 1.2 | 1.3 | 1.5 | 1.2 | 0.0% |
Ireland | 1.0 | 1.2 | 1.5 | 0.9 | -3.5% |
Czech Republic | 2.0 | 1.6 | 2.0 | 0.8 | -26.3% |
Others | 2.3 | 3.0 | 4.5 | 4.5 | 25.1% |
Total | 23.6 | 26.7 | 35.0 | 33.4 | 12.3% |
Top Export Markets for Plastic Container from Lithuania in 2022:
- Germany (818.9 tons)
- Poland (577.5 tons)
- Netherlands (567.0 tons)
- Sweden (525.1 tons)
- Russia (524.7 tons)
- Latvia (489.3 tons)
- United Kingdom (463.7 tons)
- Slovakia (410.5 tons)
- Estonia (279.6 tons)
- Hungary (241.2 tons)
- Czech Republic (173.6 tons)
- Ireland (173.6 tons)
Plastic Container Imports in Lithuania
In 2022, the amount of plastic containers imported into Lithuania reached 2.6K tons, increasing by 6.4% on the previous year's figure. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 16%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, plastic container imports declined modestly to $9.7M 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 only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, imports attained the peak of $9.9M, and then reduced modestly in the following year.
Import of Plastic Container in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 3,210 | 2,934 | 2,514 | 3,019 | -2.0% |
Latvia | 813 | 1,057 | 1,333 | 1,478 | 22.0% |
Netherlands | 325 | 271 | 1,193 | 764 | 33.0% |
Germany | 557 | 821 | 1,211 | 732 | 9.5% |
Italy | 233 | 362 | 477 | 619 | 38.5% |
China | 273 | 239 | 509 | 454 | 18.5% |
Spain | 360 | 148 | 185 | 408 | 4.3% |
Belarus | 441 | 483 | 603 | 269 | -15.2% |
Estonia | 126 | 107 | 164 | 233 | 22.7% |
Denmark | 470 | 514 | 75.7 | 176 | -27.9% |
Finland | 52.6 | 84.1 | 235 | 116 | 30.2% |
Belgium | 163 | 141 | 133 | 98.7 | -15.4% |
Others | 1,302 | 1,083 | 1,229 | 1,295 | -0.2% |
Total | 8,325 | 8,245 | 9,860 | 9,664 | 5.1% |
Top Suppliers of Plastic Container to Lithuania in 2022:
- Poland (1095.0 tons)
- Latvia (537.8 tons)
- Netherlands (197.8 tons)
- Germany (106.1 tons)
- Belarus (101.8 tons)
- Spain (91.2 tons)
- Estonia (83.9 tons)
- Italy (69.1 tons)
- China (64.1 tons)
- Finland (57.2 tons)
- Denmark (30.3 tons)
- Belgium (28.5 tons)
This report provides an in-depth analysis of the plastic container 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 22221950 - Articles for the conveyance or packaging of goods, of plastics (excluding boxes, cases, crates and similar articles, sacks and bags, including cones, carboys, bottles, flasks and similar articles, spools, spindles, bobbins and similar supports, s toppers, lids, caps and other closures)
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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