Lithuania - Iron or Steel Cans For Food And Drink - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Iron or Steel Can in Lithuania - 2023
Contents:
- Price for Iron or Steel Can in Lithuania (CIF) - 2022
- Price for Iron or Steel Can in Lithuania (FOB) - 2022
- Imports of Iron or Steel Can in Lithuania
- Exports of Iron or Steel Can in Lithuania
Price for Iron or Steel Can in Lithuania (CIF) - 2022
The average iron or steel can import price stood at $0.3 per unit in 2022, growing by 13% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel can import price increased by +42.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 ($1.4 per unit), while the price for Germany ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Can in Lithuania (FOB) - 2022
The average iron or steel can export price stood at $0.3 per unit in 2022, picking up by 14% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel can export price decreased by -14.3% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 24% against the previous year. Over the period under review, the average export prices reached the peak figure at $0.4 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($0.8 per unit), while the average price for exports to Sweden ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Can in Lithuania
In 2022, the amount of iron or steel cans imported into Lithuania surged to 8.6M units, growing by 66% against 2021. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 increased by +75.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, iron or steel can imports surged to $2.9M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Iron or Steel Can in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 474 | 648 | 438 | 1,112 | 32.9% |
Poland | 193 | 219 | 264 | 741 | 56.6% |
China | 20.2 | 15.7 | 30.4 | 340 | 156.3% |
Italy | 4.5 | 26.1 | 330 | 249 | 281.1% |
Denmark | N/A | N/A | 0.5 | 159 | 31700.0% |
Russia | 59.3 | 160 | 166 | 156 | 38.0% |
Estonia | 125 | 79.1 | 110 | 77.5 | -14.7% |
Belarus | 58.4 | 60.7 | 26.1 | 27.2 | -22.5% |
Others | 257 | 244 | 212 | 87.7 | -30.1% |
Total | 1,191 | 1,453 | 1,575 | 2,949 | 35.3% |
Top Suppliers of Iron or Steel Can to Lithuania in 2022:
- Latvia (3954.2K units)
- Poland (2035.1K units)
- Russia (772.9K units)
- China (664.1K units)
- Denmark (365.1K units)
- Estonia (342.4K units)
- Italy (174.3K units)
- Belarus (108.7K units)
Exports of Iron or Steel Can in Lithuania
In 2022, shipments abroad of iron or steel cans decreased by -70.4% to 183K units for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 98% against the previous year. As a result, the exports attained the peak of 618K units, and then fell remarkably in the following year.
In value terms, iron or steel can exports reduced remarkably to $63K in 2022. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. Over the period under review, the exports hit record highs at $188K in 2021, and then reduced notably in the following year.
Export of Iron or Steel Can in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | N/A | N/A | N/A | 26.7 | 0% |
Latvia | 5.8 | 2.0 | 28.2 | 13.5 | 32.5% |
Estonia | 10.3 | 10.7 | 103 | 12.0 | 5.2% |
Belarus | 7.7 | 17.4 | 16.8 | 7.0 | -3.1% |
Russia | 47.9 | 63.6 | 17.6 | 3.0 | -60.3% |
Iceland | N/A | 15.8 | 10.5 | N/A | -33.5% |
Others | 5.6 | 16.5 | 11.5 | 1.3 | -38.5% |
Total | 77.3 | 126 | 188 | 63.5 | -6.3% |
Top Export Markets for Iron or Steel Can from Lithuania in 2022:
- Sweden (96.0K units)
- Latvia (36.4K units)
- Estonia (29.9K units)
- Russia (8.9K units)
- Belarus (8.3K units)
This report provides an in-depth analysis of the market for iron or steel can 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 25921133 - Cans used for preserving food and drink of iron or steel, < .50 l, food cans
- Prodcom 25921135 - Cans used for preserving food and drink of iron or steel, < .50 l, drinks
- Prodcom 25921150 - Cans other than for preserving food and drink of iron or steel, < .50 l
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
This report provides an in-depth analysis of the market for iron or steel can in Lithuania.
This report provides an in-depth analysis of the container market in Lithuania.
This report provides an in-depth analysis of the global market for iron or steel can.
This report provides an in-depth analysis of the global container market.
This report provides an in-depth analysis of the market for iron or steel can in Lithuania.
This report provides an in-depth analysis of the container market in Lithuania.
This report provides an in-depth analysis of the global market for iron or steel can.
This report provides an in-depth analysis of the global container market.
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