Lithuania: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Lithuania

The Lithuanian marble and travertine blocks market dropped slightly to $X in 2022, reducing by -4% against the previous year. Overall, consumption showed a abrupt setback. Marble and travertine blocks consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Marble And Travertine Blocks And Slabs in Lithuania

In value terms, marble and travertine blocks production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of 62% against the previous year. Marble and travertine blocks production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Marble And Travertine Blocks And Slabs

Exports from Lithuania

In 2022, exports of marble and travertine blocks and slabs from Lithuania dropped sharply to X tons, reducing by -74% against the year before. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 871% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, marble and travertine blocks exports reduced sharply to $X in 2022. Overall, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2018 when exports increased by 817% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Uzbekistan (X tons) was the main destination for marble and travertine blocks exports from Lithuania, with a 82% share of total exports. Moreover, marble and travertine blocks exports to Uzbekistan exceeded the volume sent to the second major destination, Belarus (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+19.4% per year) and Kazakhstan (-11.9% per year).

In value terms, Uzbekistan ($X) emerged as the key foreign market for marble and travertine blocks and slabs exports from Lithuania, comprising 97% of total exports. The second position in the ranking was taken by Belarus ($X), with a 2.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+5.7% per year) and Kazakhstan (+0.1% per year).

Export Prices by Country

In 2022, the average marble and travertine blocks export price amounted to $X per ton, growing by 221% against the previous year. In general, the export price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 an increase of 423% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Belarus ($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 Kazakhstan (+13.6%), while the prices for the other major destinations experienced a decline.

Imports of Marble And Travertine Blocks And Slabs

Imports into Lithuania

In 2022, overseas purchases of marble and travertine blocks and slabs decreased by -58.8% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 158%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, marble and travertine blocks imports soared to $X in 2022. In general, imports, however, saw strong growth. The pace of growth was the most pronounced in 2020 when imports increased by 1,307% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) was the main supplier of marble and travertine blocks to Lithuania, with a 220% share of total imports. Moreover, marble and travertine blocks imports from Italy exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+192.6% per year) and Spain (-36.5% per year).

In value terms, Italy ($X) constituted the largest supplier of marble and travertine blocks and slabs to Lithuania, comprising 91% of total imports. The second position in the ranking was taken by Egypt ($X), with a 7.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-19.8% per year) and Spain (-34.4% per year).

Import Prices by Country

In 2022, the average marble and travertine blocks import price amounted to $X per ton, with an increase of 358% against the previous year. In general, the import price enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 445%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform