Lithuania: Cement Plate Market 2020

Cement Plate Market Size in Lithuania

The revenue of the cement plate market in Lithuania amounted to $X in 2018, declining by -X% against the previous year. Overall, cement plate consumption, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. In that year, the cement plate market attained its peak level of $X. From 2017 to 2018, the growth of the cement plate market remained at a somewhat lower figure.

Cement Plate Production in Lithuania

In value terms, cement plate production amounted to $X in 2018 estimated in export prices. Over the period under review, cement plate production continues to indicate a dramatic decrease. The pace of growth was the most pronounced in 2008 when production volume increased by X% y-o-y. In that year, cement plate production reached its peak level of $X. From 2009 to 2018, cement plate production growth remained at a lower figure.

Cement Plate Exports

Exports from Lithuania

In 2018, approx. X tons of cement plates, sticks, tips and the like for tools were exported from Lithuania; growing by X% against the previous year. Overall, cement plate exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Lithuania exports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, cement plate exports amounted to $X in 2018. Overall, cement plate exports continue to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Lithuania exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, China (X tons), distantly followed by Japan (X tons), Germany (X tons), Luxembourg (X tons), the U.S. (X tons), Israel (X tons), Sweden (X tons) and South Korea (X tons) represented the largest exporters of cement plates, sticks, tips and the like for tools, together achieving X% of total exports. Austria (X tons), Belgium (X tons), Singapore (X tons) and Italy (X tons) held a little share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Italy (+X%), Luxembourg (+X%), Japan (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. South Korea and Sweden experienced a relatively flat trend pattern. By contrast, the U.S. (-X%), Austria (-X%), Israel (-X%), Germany (-X%) and Singapore (-X%) illustrated a downward trend over the same period. China (+X p.p.), Japan (+X p.p.), Luxembourg (+X p.p.) and Italy (+X p.p.) significantly strengthened its position in terms of the global exports, while Austria, Singapore, Israel and Germany saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Israel ($X) and Japan ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Sweden, China, the U.S., Belgium, Singapore, South Korea, Austria, Luxembourg, Italy and Lithuania lagged somewhat behind, together comprising a further X terms of the main exporting countries, Lithuania experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The cement plate export price in Lithuania stood at $X per ton in 2018, going down by -X% against the previous year. Over the period under review, the cement plate export price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2008 when the export price increased by X% y-o-y. Lithuania export price peaked at $X per ton in 2015; however, from 2016 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

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

Cement Plate Imports

Imports into Lithuania

In 2018, approx. X tons of cement plates, sticks, tips and the like for tools were imported into Lithuania; going down by -X% against the previous year. Over the period under review, cement plate imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. In that year, cement plate imports attained their peak of X tons. From 2017 to 2018, the growth of cement plate imports failed to regain its momentum.

In value terms, cement plate imports amounted to $X in 2018. Overall, cement plate imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, cement plate imports reached their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

The countries with the highest levels of cement plate imports in 2018 were the Netherlands (X tons), India (X tons), the U.S. (X tons), Germany (X tons) and Belgium (X tons), together reaching X% of total import. China (X tons), South Korea (X tons), the Czech Republic (X tons), France (X tons), Taiwan, Chinese (X tons), Spain (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Lithuania, while the other leaders experienced more modest paces of growth.

In value terms, the largest cement plate importing markets into Lithuania were the U.S. ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total imports. Belgium, France, Italy, China, India, South Korea, Taiwan, Chinese, the Czech Republic, Spain and Lithuania lagged somewhat behind, together accounting for a further X terms of the main importing countries, Lithuania recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The cement plate import price in Lithuania stood at $X per ton in 2018, rising by X% against the previous year. Over the period under review, the cement plate import price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2017 when the import price increased by X% y-o-y. Lithuania import price peaked at $X per ton in 2015; however, from 2016 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was France ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform