Lithuania - Veneer Sheets - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Lithuania - Veneer Sheets - Market Analysis, Forecast, Size, Trends and Insights

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Veneer Sheets Price in Lithuania - 2023

Contents:

  1. Veneer Sheets Price in Lithuania (CIF) - 2023
  2. Veneer Sheets Price in Lithuania (FOB) - 2023
  3. Veneer Sheets Imports in Lithuania
  4. Veneer Sheets Exports in Lithuania

Veneer Sheets Price in Lithuania (CIF) - 2023

In September 2023, the average veneer sheets import price amounted to $1,245 per cubic meter, with an increase of 37% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 40% month-to-month. As a result, import price reached the peak level of $1,412 per cubic meter; afterwards, it flattened through to September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Ukraine ($3,816 per cubic meter), while the price for Sweden ($400 per cubic meter) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Croatia (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Veneer Sheets Price in Lithuania (FOB) - 2023

In September 2023, the average veneer sheets export price amounted to $417 per cubic meter, reducing by -3.3% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 29% m-o-m. Over the period under review, the average export prices attained the peak figure at $582 per cubic meter in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In September 2023, the country with the highest price was Croatia ($522 per cubic meter), while the average price for exports to Latvia amounted to $368 per cubic meter.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+2.4%).

Veneer Sheets Imports in Lithuania

In 2022, veneer sheets imports into Lithuania contracted to 41K cubic meters, which is down by -12.6% on 2021. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, imports attained the peak of 46K cubic meters, and then shrank in the following year.

In value terms, veneer sheets imports reached $57M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Veneer Sheets in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine13.58.915.120.715.3%
Croatia1.53.95.27.671.8%
Finland3.93.54.43.8-0.9%
Estonia2.01.83.43.621.6%
Romania2.22.43.13.112.1%
Latvia0.91.01.72.744.2%
Poland3.42.33.42.3-12.2%
Sweden1.11.31.82.124.1%
Russia8.17.96.81.4-44.3%
Belarus0.60.51.90.3-20.6%
Others7.24.76.69.28.5%
Total44.738.153.456.88.3%

Top Suppliers of Veneer Sheets to Lithuania in 2022:

  1. Croatia (8.4K cubic meters)
  2. Finland (7.0K cubic meters)
  3. Ukraine (5.5K cubic meters)
  4. Estonia (4.4K cubic meters)
  5. Latvia (4.3K cubic meters)
  6. Sweden (3.6K cubic meters)
  7. Belarus (1.3K cubic meters)
  8. Romania (1.0K cubic meters)
  9. Russia (0.7K cubic meters)
  10. Poland (0.6K cubic meters)

Veneer Sheets Exports in Lithuania

After three years of growth, shipments abroad of veneer sheets decreased by -4% to 115K cubic meters in 2022. The total export volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17%. Over the period under review, the exports reached the maximum at 120K cubic meters in 2021, and then dropped in the following year.

In value terms, veneer sheets exports surged to $38M in 2022. In general, exports, however, posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Veneer Sheets in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia13.615.418.321.616.7%
DenmarkN/AN/A0.36.92200.0%
Others7.94.77.89.25.2%
Total21.620.126.437.820.5%

Top Export Markets for Veneer Sheets from Lithuania in 2022:

  1. Latvia (108.0K cubic meters)
  2. Denmark (2.9K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the veneer sheets market 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 1634 - Veneer sheets

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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