Lithuania - Wood Chips and Particles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLithuania: Market for Wood Chips And Particles 2024
Market Size for Wood Chips And Particles in Lithuania
The Lithuanian wood chips and particles market shrank remarkably to $X in 2022, which is down by -45.3% against the previous year. Overall, consumption, however, continues to indicate a perceptible expansion. Wood chips and particles consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.
Production of Wood Chips And Particles in Lithuania
In value terms, wood chips and particles production fell to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 47% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.
Exports of Wood Chips And Particles
Exports from Lithuania
Wood chips and particles exports from Lithuania soared to X cubic meters in 2022, jumping by 28% compared with the previous year. In general, exports recorded a strong increase. The growth pace was the most rapid in 2020 when exports increased by 186%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, wood chips and particles exports soared to $X in 2022. Over the period under review, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Poland (X cubic meters) was the main destination for wood chips and particles exports from Lithuania, accounting for a 73% share of total exports. Moreover, wood chips and particles exports to Poland exceeded the volume sent to the second major destination, Denmark (X cubic meters), threefold. The third position in this ranking was held by Finland (X cubic meters), with a 1.3% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+41.0% per year) and Finland (-21.4% per year).
In value terms, Poland ($X) remains the key foreign market for wood chips and particles exports from Lithuania, comprising 78% of total exports. The second position in the ranking was taken by Denmark ($X), with a 10% share of total exports. It was followed by Finland, with a 0.8% share.
From 2012 to 2022, the average annual growth rate of value to Poland totaled +20.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+28.2% per year) and Finland (-19.6% per year).
Export Prices by Country
The average wood chips and particles export price stood at $X per cubic meter in 2022, jumping by 84% against the previous year. In general, the export price posted a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per cubic meter), while the average price for exports to Denmark ($X per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+12.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wood Chips And Particles
Imports into Lithuania
In 2022, purchases abroad of wood chips and particles decreased by -71.2% to X cubic meters, falling for the third year in a row after four years of growth. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 134%. Imports peaked at X cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, wood chips and particles imports reduced to $X in 2022. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 111% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.
Imports by Country
Belarus (X cubic meters) and Latvia (X cubic meters) were the main suppliers of wood chips and particles imports to Lithuania.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +5.8%).
In value terms, Latvia ($X) and Belarus ($X) constituted the largest wood chips and particles suppliers to Lithuania.
Among the main suppliers, Latvia, with a CAGR of +17.4%, saw the highest rates of growth with regard to the value of imports, over the period under review.
Import Prices by Country
The average wood chips and particles import price stood at $X per cubic meter in 2022, surging by 216% against the previous year. Over the period under review, the import price showed a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($X per cubic meter), while the price for Belarus amounted to $X per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+11.8%).
Source: IndexBox Platform
This report provides an in-depth analysis of the market for wood chips and particles in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1619 - Wood chips and particles
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023