Price for Wood; Statuettes and Other Ornaments of Wood in Lithuania - 2022

Contents:

  1. Price for Wood; Statuettes and Other Ornaments of Wood in Lithuania (CIF) - 2022
  2. Price for Wood; Statuettes and Other Ornaments of Wood in Lithuania (FOB) - 2022
  3. Imports of Wood; Statuettes and Other Ornaments of Wood in Lithuania
  4. Exports of Wood; Statuettes and Other Ornaments of Wood in Lithuania

Price for Wood; Statuettes and Other Ornaments of Wood in Lithuania (CIF) - 2022

The average import price for wood; statuettes and other ornaments of wood stood at $9,011 per ton in 2022, approximately reflecting the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wood; statuettes and other ornaments of wood increased by +1.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. As a result, import price reached the peak level of $10,744 per ton. From 2019 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 China ($10,126 per ton), while the price for the Czech Republic ($3,294 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Statuettes and Other Ornaments of Wood in Lithuania (FOB) - 2022

The average export price for wood; statuettes and other ornaments of wood stood at $23,758 per ton in 2022, increasing by 13% against the previous year. In general, the export price recorded a prominent increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 56%. The export price peaked at $26,463 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($49,361 per ton), while the average price for exports to Estonia ($6,388 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+38.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Statuettes and Other Ornaments of Wood in Lithuania

In 2022, imports of wood; statuettes and other ornaments of wood into Lithuania contracted to 49 tons, falling by -6.1% on the previous year's figure. In general, imports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of 53 tons, and then contracted in the following year.

In value terms, imports of wood; statuettes and other ornaments of wood contracted to $445K in 2022. Over the period under review, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year.

Import of Wood; Statuettes and Other Ornaments of Wood in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13511469.283.3-14.9%
Germany38.248.979.263.318.3%
Poland63.550.667.453.8-5.4%
Netherlands34.336.440.832.6-1.7%
Spain9.45.432.425.940.2%
Latvia17.345.223.722.69.3%
Russia47.45.38.916.2-30.1%
Indonesia14.612.418.614.90.7%
Others15892.8138132-5.8%
Total517411478445-4.9%

Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Lithuania in 2022:

  1. Germany (8.8 tons)
  2. China (8.2 tons)
  3. Poland (6.2 tons)
  4. Netherlands (5.0 tons)
  5. Spain (3.3 tons)
  6. Indonesia (3.2 tons)
  7. Russia (2.9 tons)
  8. Latvia (2.8 tons)

Exports of Wood; Statuettes and Other Ornaments of Wood in Lithuania

In 2022, approx. 11 tons of wood; statuettes and other ornaments of wood were exported from Lithuania; stabilizing at 2021. Overall, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 1.4% against the previous year.

In value terms, exports of wood; statuettes and other ornaments of wood expanded notably to $264K in 2022. In general, exports continue to indicate a deep setback.

Export of Wood; Statuettes and Other Ornaments of Wood in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia27718068.3128-22.7%
Germany1.817.650.837.5175.2%
Japan30.125.428.421.0-11.3%
Kazakhstan7.94.416.512.215.6%
Uzbekistan0.10.115.711.6387.7%
United Kingdom0.10.611.28.3336.2%
Latvia12.211.59.48.0-13.1%
Switzerland6.620.14.97.64.8%
Belarus3.06.39.57.133.3%
United States19.13.15.66.7-29.5%
Norway25.31.70.56.7-35.8%
Estonia5.87.33.34.0-11.6%
Bulgaria6.13.31.42.6-24.7%
Others13.810.810.53.2-38.6%
Total409293236264-13.6%

Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Lithuania in 2022:

  1. Russia (5994.0 kg)
  2. Latvia (1097.0 kg)
  3. Germany (760.0 kg)
  4. Estonia (626.0 kg)
  5. Belarus (553.0 kg)
  6. United Kingdom (313.0 kg)
  7. Kazakhstan (302.0 kg)
  8. Uzbekistan (241.0 kg)
  9. Switzerland (231.0 kg)
  10. United States (227.0 kg)
  11. Norway (215.0 kg)
  12. Bulgaria (184.0 kg)
  13. Japan (169.0 kg)

Source: IndexBox Market Intelligence Platform

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