Lithuania: Market for Flat-Rolled Products Of Silicon-Electrical Steel 2019

Market Size for Flat-Rolled Products Of Silicon-Electrical Steel in Lithuania

The revenue of the silicon-electrical steel flat-rolled product market in Lithuania amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, silicon-electrical steel flat-rolled product consumption, however, continues to indicate a deep decline. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. Over the period under review, the silicon-electrical steel flat-rolled product market reached its maximum level at $X in 2010; however, from 2011 to 2018, consumption remained at a lower figure.

Exports of Flat-Rolled Products Of Silicon-Electrical Steel

Exports from Lithuania

In 2018, the amount of flat-rolled products of silicon-electrical steel exported from Lithuania amounted to X tons, lowering by -X% against the previous year. Overall, silicon-electrical steel flat-rolled product exports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Lithuania exports peaked at X tons in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

In value terms, silicon-electrical steel flat-rolled product exports amounted to $X in 2018. Over the period under review, silicon-electrical steel flat-rolled product exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. In that year, silicon-electrical steel flat-rolled product exports attained their peak of $X. From 2015 to 2018, the growth of silicon-electrical steel flat-rolled product exports remained at a lower figure.

Exports by Country

The countries with the highest levels of silicon-electrical steel flat-rolled product exports in 2018 were Japan (X tons), South Korea (X tons), Russia (X tons), Germany (X tons), China (X tons) and Taiwan, Chinese (X tons), together accounting for X% of total export. The following exporters - France (X tons), Turkey (X tons), Poland (X tons), Austria (X tons), India (X tons) and Slovakia (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 India, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and Russia ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Germany, China, Taiwan, Chinese, France, Poland, Austria, Slovakia, Turkey, India and Lithuania lagged somewhat behind, together accounting for a further X the main exporting countries, India experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the silicon-electrical steel flat-rolled product export price in Lithuania amounted to $X per ton, going up by X% against the previous year. Over the period under review, the silicon-electrical steel flat-rolled product export price continues to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the export prices for flat-rolled products of silicon-electrical steel reached their peak figure in 2018 and is likely to see steady growth in the immediate term.

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

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

Imports of Flat-Rolled Products Of Silicon-Electrical Steel

Imports into Lithuania

In 2018, the amount of flat-rolled products of silicon-electrical steel imported into Lithuania totaled X tons, going up by X% against the previous year. In general, silicon-electrical steel flat-rolled product imports, however, continue to indicate an abrupt drop. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, silicon-electrical steel flat-rolled product imports attained their peak figure at X tons in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

In value terms, silicon-electrical steel flat-rolled product imports stood at $X in 2018. In general, silicon-electrical steel flat-rolled product imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Lithuania imports peaked at $X in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

Imports by Country

India (X tons) and Italy (X tons) represented the largest importers of flat-rolled products of silicon-electrical steel in 2018, recording approx. X% and X% of total imports, respectively. It was distantly followed by China (X tons), comprising an X% share of total imports. Turkey (X tons), Thailand (X tons), Mexico (X tons), France (X tons), Romania (X tons), Malaysia (X tons), the U.S. (X tons), the Czech Republic (X tons) and Canada (X tons) held a little share of total imports.

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

In value terms, the largest silicon-electrical steel flat-rolled product importing markets into Lithuania were India ($X), Italy ($X) and China ($X), together comprising X% of total imports.

India recorded the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the silicon-electrical steel flat-rolled product import price in Lithuania amounted to $X per ton, increasing by X% against the previous year. Overall, the silicon-electrical steel flat-rolled product import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X% year-to-year. Lithuania import price peaked at $X per ton in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while Romania ($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 Czech Republic, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform