Price for Prefabricated Buildings of Wood in Lithuania - 2024
Contents:
- Price for Prefabricated Buildings of Wood in Lithuania (FOB) - 2024
- Price for Prefabricated Buildings of Wood in Lithuania (CIF) - 2024
- Exports of Prefabricated Buildings of Wood in Lithuania
- Imports of Prefabricated Buildings of Wood in Lithuania
Price for Prefabricated Buildings of Wood in Lithuania (FOB) - 2024
In March 2024, the average prefabricated buildings of wood export price amounted to $24,008 per unit, increasing by 1.5% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 15% m-o-m. As a result, the export price attained the peak level of $25,502 per unit; afterwards, it flattened through to March 2024.
Prices varied noticeably by the country of destination: the country with the highest price was Iceland ($45,292 per unit), while the average price for exports to Latvia ($9,916 per unit) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Prefabricated Buildings of Wood in Lithuania (CIF) - 2024
The average prefabricated buildings of wood import price stood at $11,229 per unit in March 2024, growing by 28% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average import price increased by 36% against the previous month. Over the period under review, average import prices reached the peak figure at $14,696 per unit in October 2023; afterwards, it flattened through to March 2024.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Poland ($74,910 per unit), while the price for Ukraine ($4,772 per unit) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Latvia (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Prefabricated Buildings of Wood in Lithuania
In 2022, after three years of growth, there was significant decline in shipments abroad of prefabricated buildings of wood, when their volume decreased by -14.7% to 11K units. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 14% against the previous year. Over the period under review, the exports reached the maximum at 12K units in 2021, and then fell in the following year.
In value terms, prefabricated buildings of wood exports declined to $251M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, the exports reached the peak of $257M, and then declined slightly in the following year.
| Export of Prefabricated Buildings of Wood in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 67.1 | 57.8 | 66.0 | 72.2 | 2.5% |
| Sweden | 16.4 | 23.7 | 25.8 | 34.1 | 27.6% |
| Germany | 11.8 | 21.5 | 35.1 | 33.1 | 41.0% |
| United Kingdom | 20.3 | 24.0 | 36.7 | 26.8 | 9.7% |
| France | 13.1 | 14.3 | 21.6 | 17.5 | 10.1% |
| Ireland | 5.2 | 6.1 | 8.9 | 9.2 | 20.9% |
| Spain | 3.3 | 3.7 | 7.4 | 7.1 | 29.1% |
| Iceland | 2.1 | 2.4 | 3.9 | 6.4 | 45.0% |
| Austria | 1.2 | 2.7 | 4.5 | 6.3 | 73.8% |
| Italy | 3.6 | 3.9 | 5.9 | 5.9 | 17.9% |
| Portugal | 1.9 | 2.0 | 4.4 | 5.1 | 39.0% |
| Netherlands | 5.9 | 6.0 | 6.3 | 4.9 | -6.0% |
| Estonia | 4.7 | 4.8 | 11.0 | 4.9 | 1.4% |
| Others | 6.1 | 14.7 | 19.6 | 17.7 | 42.6% |
| Total | 163 | 188 | 257 | 251 | 15.5% |
Top Export Markets for Prefabricated Buildings of Wood from Lithuania in 2022:
- Norway (2670.0 units)
- Germany (1700.0 units)
- United Kingdom (1156.0 units)
- Sweden (1000.0 units)
- France (840.0 units)
- Ireland (480.0 units)
- Spain (418.0 units)
- Austria (316.0 units)
- Portugal (307.0 units)
- Italy (299.0 units)
- Estonia (293.0 units)
- Iceland (239.0 units)
- Netherlands (200.0 units)
Imports of Prefabricated Buildings of Wood in Lithuania
For the fourth consecutive year, Lithuania recorded growth in supplies from abroad of prefabricated buildings of wood, which increased by 21% to 835 units in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% 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 +57.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, prefabricated buildings of wood imports surged to $11M in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 45% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Prefabricated Buildings of Wood in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 3.7 | 3.7 | 6.5 | 7.3 | 25.4% |
| Estonia | 1.1 | 3.7 | 0.7 | 1.4 | 8.4% |
| Ukraine | 0.1 | 0.1 | 0.4 | 1.1 | 122.4% |
| Russia | 0.2 | 0.2 | 0.7 | 0.2 | 0.0% |
| Others | 0.3 | 0.2 | 0.5 | 1.4 | 67.1% |
| Total | 5.4 | 7.8 | 8.9 | 11.2 | 27.5% |
Top Suppliers of Prefabricated Buildings of Wood to Lithuania in 2022:
- Belarus (649.0 units)
- Ukraine (92.0 units)
- Estonia (38.0 units)
- Russia (21.0 units)
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