Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Lithuania - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Lithuania (CIF) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Lithuania (FOB) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Lithuania
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Lithuania
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Lithuania (CIF) - 2022
In 2022, the average import price for wood amounted to $8.8 per cubic meter, with an increase of 7.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 21%. As a result, import price reached the peak level of $11 per cubic meter. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belarus ($25 per cubic meter), while the price for Latvia ($7.1 per cubic meter) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+34.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Lithuania (FOB) - 2022
The average export price for wood stood at $11 per cubic meter in 2022, surging by 11% against the previous year. Over the period under review, the export price, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 18% against the previous year. As a result, the export price reached the peak level of $14 per cubic meter. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($40 per cubic meter), while the average price for exports to Latvia stood at $9.1 per cubic meter.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Lithuania
In 2022, overseas purchases of wood were finally on the rise to reach 817K cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a noticeable contraction. Over the period under review, imports of attained the maximum at 909K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of wood skyrocketed to $7.2M in 2022. In general, imports, however, continue to indicate a abrupt downturn. Imports peaked at $9.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 4.3 | 4.4 | 4.6 | 5.2 | 6.5% |
| Belarus | 4.7 | 2.5 | 1.1 | 1.3 | -34.8% |
| Ukraine | N/A | 0.6 | 0.2 | 0.4 | -18.4% |
| Norway | N/A | 0.3 | N/A | N/A | 0% |
| Others | 0.9 | 0.4 | 0.3 | 0.4 | -23.7% |
| Total | 9.9 | 8.2 | 6.2 | 7.2 | -10.1% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Lithuania in 2022:
- Latvia (728.6K cubic meters)
- Belarus (51.6K cubic meters)
- Ukraine (23.3K cubic meters)
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Lithuania
In 2022, shipments abroad of wood decreased by -7% to 384K cubic meters, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a slight decline. The growth pace was the most rapid in 2020 with an increase of 7.4%. As a result, the exports reached the peak of 433K cubic meters. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of wood rose modestly to $4.1M in 2022. In general, exports recorded a abrupt slump. The exports peaked at $5.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 2.4 | 1.3 | 1.6 | 3.4 | 12.3% |
| Finland | 1.3 | 1.1 | 0.3 | 0.6 | -22.7% |
| Poland | N/A | 1.1 | 2.1 | N/A | 90.9% |
| Others | 1.4 | 0.8 | 0.1 | 0.2 | -47.7% |
| Total | 5.1 | 4.3 | 4.0 | 4.1 | -7.0% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Lithuania in 2022:
- Latvia (366.9K cubic meters)
- Finland (14.5K cubic meters)
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