Lithuania: Aluminium Bar Market 2020

Aluminium Bar Market Size in Lithuania

The revenue of the aluminium bar market in Lithuania amounted to $X in 2018, growing by X% against the previous year. In general, aluminium bar consumption continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, the aluminium bar market reached its maximum level in 2018 and is likely to see steady growth in the near future.

Aluminium Bar Production in Lithuania

In value terms, aluminium bar production totaled $X in 2018 estimated in export prices. In general, aluminium bar production, however, continues to indicate outstanding growth. The most prominent rate of growth was recorded in 2008 when production volume increased by X% against the previous year. Lithuania aluminium bar production peaked in 2018 and is expected to retain its growth in the near future.

Aluminium Bar Exports

Exports from Lithuania

In 2018, the amount of aluminium bars, rods and profiles exported from Lithuania amounted to X tons, jumping by X% against the previous year. Over the period under review, aluminium bar exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Lithuania exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, aluminium bar exports amounted to $X in 2018. Overall, aluminium bar exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, aluminium bar exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, China (X tons) and Mozambique (X tons) were the largest exporters of aluminium bars, rods and profilesacross the globe, together recording approx. X% of total exports. Germany (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Spain (X%) and Italy (X%). The following exporters - Turkey (X tons), the U.S. (X tons), Austria (X tons), Greece (X tons), Belgium (X tons), the Netherlands (X tons) and Malaysia (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Mozambique (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Mozambique ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

In terms of the main exporting countries, Mozambique (+X% per year) experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The aluminium bar export price in Lithuania stood at $X per ton in 2018, going up by X% against the previous year. In general, the aluminium bar export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X% year-to-year. Lithuania export price peaked at $X per ton in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the other leaders experienced more modest paces of growth.

Aluminium Bar Imports

Imports into Lithuania

In 2018, approx. X tons of aluminium bars, rods and profiles were imported into Lithuania; surging by X% against the previous year. Overall, aluminium bar imports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, aluminium bar imports attained their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, aluminium bar imports stood at $X in 2018. In general, aluminium bar imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, aluminium bar imports attained their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, Germany (X tons), distantly followed by France (X tons) and the U.S. (X tons) represented the largest importers of aluminium bars, rods and profiles, together mixing up X% of total imports. The following importers - the UK (X tons), Spain (X tons), Belgium (X tons), Mexico (X tons), the Czech Republic (X tons), Vietnam (X tons), the Netherlands (X tons), Poland (X tons) and Austria (X tons) - together made up X% of total imports.

Imports into Germany increased at an average annual rate of +X% from 2007 to 2018. At the same time, Vietnam (+X%), Spain (+X%), Mexico (+X%), Poland (+X%), the Czech Republic (+X%) and Austria (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The U.S., France, the Netherlands, the UK and Belgium experienced a relatively flat trend pattern. While the share of Germany (+X p.p.), Vietnam (+X p.p.), Spain (+X p.p.) and Mexico (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest aluminium bar importing markets into Lithuania were Germany ($X), France ($X) and the U.S. ($X), with a combined X% share of total imports. These countries were followed by the UK, the Czech Republic, the Netherlands, Poland, Mexico, Belgium, Austria, Spain, Vietnam and Lithuania, which together accounted for a further X Nam recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The aluminium bar import price in Lithuania stood at $X per ton in 2018, jumping by X% against the previous year. In general, the aluminium bar import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the import price increased by X% year-to-year. In that year, the import prices for aluminium bars, rods and profiles reached their peak level of $X per ton. From 2012 to 2018, the growth in terms of the import prices for aluminium bars, rods and profiles remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform