Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Lithuania - 2024

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Lithuania (CIF) - 2022
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Lithuania (FOB) - 2022
Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Lithuania
Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Lithuania

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Lithuania (CIF) - 2022

In 2022, the average import price for sanitary ware and parts thereof, of iron or steel amounted to $17 per unit, reducing by -8.4% against the previous year. Over the period under review, the import price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 64%. Over the period under review, average import prices attained the peak figure at $18 per unit in 2021, and then dropped 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 the Czech Republic ($29 per unit), while the price for Portugal ($4.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Lithuania (FOB) - 2022

In 2022, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $24 per unit, with a decrease of -14% against the previous year. Overall, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 48% against the previous year. Over the period under review, the average export prices attained the peak figure at $27 per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($49 per unit), while the average price for exports to Belarus ($7.7 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 Estonia (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Lithuania

In 2022, imports of sanitary ware and parts thereof, of iron or steel into Lithuania stood at 802K units, approximately equating the previous year. Overall, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 9.7%. Imports peaked at 1M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of sanitary ware and parts thereof, of iron or steel fell to $14M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 increased by +46.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports attained the peak of $15M, and then reduced in the following year.

Import of Sanitary Ware and Parts Thereof, of Iron or Steel in Lithuania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4.4	4.7	6.2	5.4	7.1%
China	1.0	1.0	1.7	1.9	23.9%
Poland	0.9	1.2	1.7	1.6	21.1%
Italy	1.2	1.0	1.4	1.4	5.3%
Latvia	0.6	0.5	0.6	0.6	0.0%
Spain	0.1	0.1	0.1	0.4	58.7%
Portugal	N/A	0.1	N/A	0.1	0.0%
Russia	0.1	0.2	0.3	0.1	0.0%
Others	0.9	1.7	2.6	2.0	30.5%
Total	9.2	10.6	14.6	13.6	13.9%

Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to Lithuania in 2022:

Germany (288.9K units)
China (129.5K units)
Italy (79.7K units)
Poland (79.5K units)
Spain (59.1K units)
Latvia (50.0K units)
Portugal (20.8K units)
Russia (11.9K units)

Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Lithuania

In 2022, approx. 522K units of sanitary ware and parts thereof, of iron or steel were exported from Lithuania; growing by 6.7% against 2021 figures. Over the period under review, exports, however, continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Over the period under review, the exports of hit record highs at 603K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of sanitary ware and parts thereof, of iron or steel fell to $12M in 2022. The total export value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. As a result, the exports reached the peak of $13M, and then fell in the following year.

Export of Sanitary Ware and Parts Thereof, of Iron or Steel in Lithuania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	5.3	5.5	7.4	6.7	8.1%
Russia	1.5	2.0	2.8	1.7	4.3%
Norway	0.3	0.1	0.5	0.6	26.0%
Belarus	0.2	0.1	0.2	0.5	35.7%
Kazakhstan	0.1	0.3	N/A	0.5	71.0%
Denmark	0.4	0.6	0.4	0.3	-9.1%
Uzbekistan	N/A	0.1	0.2	0.3	73.2%
Latvia	0.4	0.4	0.4	0.3	-9.1%
Estonia	0.3	0.2	0.2	0.2	-12.6%
Finland	0.2	0.2	0.3	0.1	-20.6%
Others	1.0	0.7	0.9	1.0	0.0%
Total	9.7	10.3	13.4	12.3	8.2%