Lithuania - Casks, Barrels, Vats, Tubs, And Coopers Products Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Barrel Price in Lithuania - 2023
Contents:
- Wood Barrel Price in Lithuania (FOB) - 2023
- Wood Barrel Price in Lithuania (CIF) - 2022
- Wood Barrel Exports in Lithuania
- Wood Barrel Imports in Lithuania
Wood Barrel Price in Lithuania (FOB) - 2023
In September 2023, the average wood barrel export price amounted to $152 per unit, rising by 2.1% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 17% month-to-month. Over the period under review, the average export prices attained the maximum at $166 per unit in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($227 per unit), while the average price for exports to Sweden ($89.8 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Barrel Price in Lithuania (CIF) - 2022
The average wood barrel import price stood at $46 per unit in 2022, shrinking by -23.4% against the previous year. Over the period under review, the import price, however, showed significant growth. The pace of growth was the most pronounced in 2020 an increase of 919% against the previous year. The import price peaked at $60 per unit in 2021, and then plummeted in the following year.
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 Latvia ($132 per unit), while the price for Spain ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+64.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Barrel Exports in Lithuania
In 2022, after three years of growth, there was decline in shipments abroad of casks, barrels, vats, tubs, and coopers products of wood, when their volume decreased by -3.3% to 6.4M units. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 145% against the previous year. As a result, the exports reached the peak of 6.6M units, and then contracted in the following year.
In value terms, wood barrel exports reduced dramatically to $21M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 108% against the previous year. As a result, the exports reached the peak of $32M, and then declined significantly in the following year.
Export of Wood Barrel in Lithuania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.5 | 5.4 | 11.7 | 6.9 | 40.3% |
Netherlands | 0.5 | 1.6 | 4.8 | 2.7 | 75.4% |
France | 1.2 | 1.1 | 2.2 | 1.4 | 5.3% |
United Kingdom | 1.1 | 1.0 | 2.6 | 1.3 | 5.7% |
Denmark | 1.1 | 1.3 | 2.9 | 1.2 | 2.9% |
Russia | 0.5 | 0.9 | 0.8 | 1.1 | 30.1% |
Poland | 0.2 | 0.3 | 1.1 | 0.9 | 65.1% |
Belgium | 0.2 | 0.6 | 1.0 | 0.8 | 58.7% |
Romania | N/A | N/A | 0.6 | 0.6 | 0.0% |
Sweden | 0.8 | 0.5 | 0.5 | 0.5 | -14.5% |
Czech Republic | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
Latvia | N/A | 0.2 | 0.4 | 0.4 | 41.4% |
Italy | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
Others | 0.9 | 1.9 | 2.9 | 2.5 | 40.6% |
Total | 9.5 | 15.3 | 31.8 | 21.1 | 30.5% |
Top Export Markets for Wood Barrel from Lithuania in 2022:
- Germany (2065.7K units)
- United Kingdom (1366.5K units)
- Netherlands (589.1K units)
- Denmark (258.5K units)
- Latvia (253.8K units)
- France (238.9K units)
- Russia (225.1K units)
- Italy (206.5K units)
- Poland (185.8K units)
- Belgium (182.6K units)
- Romania (125.5K units)
- Sweden (122.0K units)
- Czech Republic (114.6K units)
Wood Barrel Imports in Lithuania
In 2022, purchases abroad of casks, barrels, vats, tubs, and coopers products of wood increased by 41% to 44K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a significant contraction. Over the period under review, imports hit record highs at 712K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, wood barrel imports expanded markedly to $2.1M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 9.4% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Wood Barrel in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 82.0 | 167 | 117 | 637 | 98.1% |
Ukraine | 943 | 999 | 909 | 394 | -25.2% |
Spain | 1.9 | 5.9 | 3.1 | 394 | 491.9% |
Netherlands | N/A | N/A | 211 | 132 | -37.4% |
Italy | 84.0 | 2.1 | N/A | 124 | 13.9% |
Latvia | 8.3 | 107 | 207 | 98.5 | 128.1% |
United Kingdom | 0.1 | 42.6 | 63.3 | 41.3 | 644.7% |
Russia | 660 | 584 | 183 | 4.7 | -80.8% |
Others | 55.1 | 100 | 211 | 225 | 59.8% |
Total | 1,835 | 2,007 | 1,905 | 2,051 | 3.8% |
Top Suppliers of Wood Barrel to Lithuania in 2022:
- Spain (25.5K units)
- France (9.0K units)
- Ukraine (4.3K units)
- Netherlands (1.3K units)
- Italy (1.1K units)
- United Kingdom (0.8K units)
- Latvia (0.7K units)
- Russia (0.1K units)
This report provides an in-depth analysis of the wood barrel 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:
- Prodcom 16241200 - Casks, barrels, vats, tubs, and coopers products and parts thereof of wood (including staves)
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
This report provides an in-depth analysis of the wood barrel market in Lithuania.
This report provides an in-depth analysis of the market for wooden case and box in Lithuania.
This report provides an in-depth analysis of the global wood barrel market.
This report provides an in-depth analysis of the global market for wooden case and box.
This report provides an in-depth analysis of the wood barrel market in Lithuania.
This report provides an in-depth analysis of the global wood barrel market.
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