Lithuania: Office Supply Market 2024

Office Supply Market Size in Lithuania

In 2022, the Lithuanian office supply market decreased by -4.9% to $X, falling for the third consecutive year after two years of growth. In general, consumption, however, continues to indicate a mild increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Office Supply Production in Lithuania

In value terms, office supply production dropped rapidly to $X in 2022 estimated in export price. Overall, production showed a dramatic decrease. The most prominent rate of growth was recorded in 2015 with an increase of 31%. Office supply production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Office Supply Exports

Exports from Lithuania

In 2022, shipments abroad of office or school supplies of plastics increased by 21% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 23%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, office supply exports rose modestly to $X in 2022. In general, total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.2% against 2019 indices. The growth pace was the most rapid in 2015 when exports increased by 43%. The exports peaked at $X in 2018; afterwards, it flattened through to 2022.

Exports by Country

Poland (X tons), Latvia (X tons) and Russia (X tons) were the main destinations of office supply exports from Lithuania, together accounting for 67% of total exports. Sweden, Estonia, Bulgaria, Denmark and Belarus lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +92.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for office supply exported from Lithuania were Poland ($X), Latvia ($X) and Russia ($X), together accounting for 57% of total exports. Sweden, Estonia, Bulgaria, Denmark and Belarus lagged somewhat behind, together comprising a further 28%.

In terms of the main countries of destination, Sweden, with a CAGR of +101.8%, 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 office supply export price stood at $X per ton in 2022, shrinking by -14.4% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average export price increased by 26% against the previous year. The export price peaked at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Latvia ($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 Russia (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Office Supply Imports

Imports into Lithuania

In 2022, the amount of office or school supplies of plastics imported into Lithuania declined to X tons, with a decrease of -6.9% on 2021 figures. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, office supply imports rose significantly to $X in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 24% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Poland (X tons), Latvia (X tons) and China (X tons) were the main suppliers of office supply imports to Lithuania, with a combined 69% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +8.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest office supply suppliers to Lithuania were Latvia ($X), Poland ($X) and China ($X), with a combined 62% share of total imports.

China, with a CAGR of +6.4%, 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

The average office supply import price stood at $X per ton in 2022, growing by 14% against the previous year. In general, the import price, however, showed a mild downturn. The import price peaked at $X per ton in 2012; however, from 2013 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 Sweden ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform