Lithuania: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in Lithuania

In 2022, the Lithuanian market for clays for construction and industrial use increased by 20% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a noticeable downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Clays For Construction and Industrial Use in Lithuania

In value terms, production of clays for construction and industrial use expanded markedly to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +60.9% against 2016 indices. The pace of growth appeared the most rapid in 2018 with an increase of 22% against the previous year. Over the period under review, production of attained the peak level in 2022 and is expected to retain growth in the near future.

Exports of Clays For Construction and Industrial Use

Exports from Lithuania

In 2022, approx. X tons of clays for construction and industrial use were exported from Lithuania; growing by 136% against the previous year's figure. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 364% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of clays for construction and industrial use surged to $X in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 240%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Kazakhstan (X tons) was the main destination for exports of clays for construction and industrial use from Lithuania, with a 53% share of total exports. Moreover, exports of clays for construction and industrial use to Kazakhstan exceeded the volume sent to the second major destination, Russia (X tons), fivefold. The third position in this ranking was held by Kyrgyzstan (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan amounted to +68.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+3.2% per year) and Kyrgyzstan (0.0% per year).

In value terms, Russia ($X), Kazakhstan ($X) and Belarus ($X) appeared to be the largest markets for clays for construction and industrial use exported from Lithuania worldwide, with a combined 60% share of total exports. Latvia, Kyrgyzstan, the UK, Belgium and Estonia lagged somewhat behind, together comprising a further 23%.

Among the main countries of destination, Belgium, with a CAGR of +2,561.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for clays for construction and industrial use stood at $X per ton in 2022, waning by -22.2% against the previous year. In general, the export price, however, showed a temperate increase. The most prominent rate of growth was recorded in 2018 an increase of 69%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to the UK ($X 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 the UK (+45.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clays For Construction and Industrial Use

Imports into Lithuania

In 2022, the amount of clays for construction and industrial use imported into Lithuania declined to X tons, standing approx. at the previous year's figure. Over the period under review, imports showed a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 30%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of clays for construction and industrial use soared to $X in 2022. In general, total imports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +157.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

Sweden (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of imports of clays for construction and industrial use to Lithuania, together comprising 51% of total imports. Spain, Belgium, Austria, Slovenia and the Netherlands lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +100.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Austria ($X) and Spain ($X) were the largest clays for construction and industrial use suppliers to Lithuania, together accounting for 63% of total imports.

Spain, with a CAGR of +79.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for clays for construction and industrial use amounted to $X per ton, with an increase of 56% against the previous year. In general, the import price enjoyed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+52.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform