Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Lithuania - 2024

Contents:

  1. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Lithuania (CIF) - 2024
  2. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Lithuania (FOB) - 2024
  3. Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Lithuania
  4. Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Lithuania

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Lithuania (CIF) - 2024

The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $1.2 per unit in March 2024, with a decrease of -6.5% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2024 when the average import price increased by 54% m-o-m. Over the period under review, average import prices attained the maximum at $1.4 per unit in December 2023; however, from January 2024 to March 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the Netherlands ($1.6 per unit), while the price for Bulgaria ($455 per thousand units) was amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Lithuania (FOB) - 2024

The average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $1.8 per unit in March 2024, growing by 7.1% against the previous month. Overall, the export price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 28% m-o-m. The export price peaked at $2.7 per unit in April 2023; however, from May 2023 to March 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In March 2024, the country with the highest price was Belarus ($55.6 per unit), while the average price for exports to Estonia ($804 per thousand units) was amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+35.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Lithuania

For the fourth year in a row, Lithuania recorded growth in purchases abroad of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, which increased by 8.6% to 3.5M units in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 127%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $4.1M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 52%. As a result, imports attained the peak of $4.1M; afterwards, it flattened through to 2022.

Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2263776831,03966.3%
China41247774055410.4%
Italy2531,71125141918.3%
Germany3812142423860.4%
Czech Republic12621310837944.4%
France3412794953440.3%
Turkey1921891932458.5%
Russia81.990.711514521.0%
Spain62.065.376.812727.0%
Others639522751455-10.7%
Total2,7164,1393,6554,09314.6%

Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Lithuania in 2022:

  1. Poland (747.2K units)
  2. China (592.0K units)
  3. Turkey (529.5K units)
  4. Italy (372.8K units)
  5. Germany (317.2K units)
  6. France (296.3K units)
  7. Czech Republic (152.3K units)
  8. Spain (136.1K units)
  9. Russia (133.3K units)

Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Lithuania

In 2022, overseas shipments of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses decreased by -27.1% to 902K units, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -34.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 74% against the previous year. As a result, the exports attained the peak of 1.4M units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses dropped to $1.5M in 2022. In general, exports saw a perceptible decrease. The growth pace was the most rapid in 2020 when exports increased by 65%. As a result, the exports reached the peak of $2.7M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia399237303396-0.3%
Russia5821,917719381-13.2%
Estonia1671431341731.2%
Kazakhstan27.583.862.517183.9%
Poland94.237.418115718.6%
Belarus17910465.777.3-24.4%
Azerbaijan1240.4N/A0.2-88.3%
Others62.016916313529.6%
Total1,6352,6911,6281,491-3.0%

Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Lithuania in 2022:

  1. Latvia (337.1K units)
  2. Russia (213.5K units)
  3. Estonia (120.2K units)
  4. Poland (119.5K units)
  5. Belarus (50.8K units)
  6. Kazakhstan (27.1K units)
  7. Azerbaijan (0.3K units)

Source: IndexBox Market Intelligence Platform

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