Lithuania: Marble And Travertine Market 2020

Marble And Travertine Market Size in Lithuania

The revenue of the marble and travertine market in Lithuania amounted to $X in 2018, dropping by -X% against the previous year. In general, marble and travertine consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the market value increased by X% year-to-year. In that year, the marble and travertine market reached its peak level of $X. From 2013 to 2018, the growth of the marble and travertine market failed to regain its momentum.

Marble And Travertine Production in Lithuania

In value terms, marble and travertine production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 when production volume increased by X% year-to-year. Over the period under review, marble and travertine production reached its maximum level at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Marble And Travertine Exports

Exports from Lithuania

In 2018, the exports of marble and travertine from Lithuania amounted to X tons, remaining relatively unchanged against the previous year. In general, marble and travertine exports continue to indicate slight growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. In that year, marble and travertine exports reached their peak of X tons. From 2014 to 2018, the growth of marble and travertine exports failed to regain its momentum.

In value terms, marble and travertine exports stood at $X in 2018. Over the period under review, marble and travertine exports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, marble and travertine exports reached their peak figure at $X in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Turkey (X tons) was the largest exporter of marble and travertine, creating X% of total exports. Italy (X tons) held the second position in the ranking, followed by Egypt (X tons), Iran (X tons), Portugal (X tons) and Spain (X tons). All these countries together took near X% share of total exports. The following exporters - Greece (X tons) and India (X tons) - together made up X% of total exports.

Turkey was also the fastest-growing in terms of the marble and travertine exports, with a CAGR of +X% from 2007 to 2018. At the same time, Portugal (+X%), Egypt (+X%), Greece (+X%), Italy (+X%) and Iran (+X%) displayed positive paces of growth. India and Spain experienced a relatively flat trend pattern. From 2007 to 2018, the share of Turkey, Egypt, Italy, Portugal and Greece increased by +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest marble and travertine supplier from Lithuania, comprising X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by Iran, with a X% share.

In Turkey, marble and travertine exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+X% per year) and Iran (+X% per year).

Export Prices by Country

In 2018, the marble and travertine export price in Lithuania amounted to $X per ton, jumping by X% against the previous year. In general, the marble and travertine export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2008 an increase of 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 Italy ($X per ton), while Egypt ($X per ton) was amongst the lowest.

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

Marble And Travertine Imports

Imports into Lithuania

In 2018, the marble and travertine imports into Lithuania amounted to X tons, jumping by X% against the previous year. Over the period under review, marble and travertine imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Lithuania imports peaked at X tons in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, marble and travertine imports stood at $X in 2018. Over the period under review, marble and travertine imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Lithuania imports peaked at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

China prevails in marble and travertine imports structure, recording X tons, which was approx. X% of total imports in 2018. It was distantly followed by India (X tons), creating a X% share of total imports. Italy (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to marble and travertine imports into China stood at +X%. At the same time, India (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Italy (-X%) illustrated a downward trend over the same period. China (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the global imports, while Italy saw its share reduced by -X% from 2007 to 2018, respectively.

In value terms, China ($X) constitutes the largest market for imported marble and travertine into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by India ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In China, marble and travertine imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: India (+X% per year) and Italy (-X% per year).

Import Prices by Country

The marble and travertine import price in Lithuania stood at $X per ton in 2018, lowering by -X% against the previous year. In general, the marble and travertine import price, however, continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2011 when the import price increased by X% year-to-year. Lithuania import price peaked at $X per ton in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

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