Lithuania: Copper Foil Market 2025

Copper Foil Market Size in Lithuania

The Lithuanian copper foil market reduced to $X in 2022, with a decrease of -5% against the previous year. Overall, consumption showed a deep downturn. Copper foil consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Copper Foil Production in Lithuania

In value terms, copper foil production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 15%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Copper Foil Exports

Exports from Lithuania

In 2022, approx. X tons of copper foil were exported from Lithuania; jumping by 82% against 2021. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 936%. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, copper foil exports dropped to $X in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 1,237%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X tons), Russia (X tons) and Kazakhstan (X kg) were the main destinations of copper foil exports from Lithuania, together accounting for 99% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +669.8%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for copper foil exports from Lithuania, comprising 50% of total exports. The second position in the ranking was held by Norway ($X), with a 24% share of total exports. It was followed by Kazakhstan, with a 22% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +42.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+1,887.2% per year) and Kazakhstan (+59.0% per year).

Export Prices by Country

The average copper foil export price stood at $X per ton in 2022, declining by -46.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 40%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Kazakhstan ($X per ton), while the average price for exports to Norway ($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 Norway (+158.2%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Foil Imports

Imports into Lithuania

Copper foil imports into Lithuania shrank notably to X tons in 2022, with a decrease of -36.4% against the previous year's figure. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 104%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, copper foil imports shrank rapidly to $X in 2022. In general, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2017 when imports increased by 161% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) constituted the largest copper foil supplier to Lithuania, accounting for a 66% share of total imports. Moreover, copper foil imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X kg), ninefold. China (X kg) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +72.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+17.8% per year) and China (+31.9% per year).

In value terms, Finland ($X), Italy ($X) and Slovakia ($X) constituted the largest copper foil suppliers to Lithuania, together accounting for 65% of total imports.

Italy, with a CAGR of +70.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average copper foil import price stood at $X per ton in 2022, with a decrease of -24% against the previous year. Over the period under review, the import price, however, showed a slight increase. The growth pace was the most rapid in 2017 when the average import price increased by 121% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+34.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform