Lithuania - Polishes And Creams For Wooden Furniture And Floors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWooden Furniture Treatments Price in Lithuania - 2023
Contents:
- Wooden Furniture Treatments Price in Lithuania (FOB) - 2023
- Wooden Furniture Treatments Price in Lithuania (CIF) - 2022
- Wooden Furniture Treatments Exports in Lithuania
- Wooden Furniture Treatments Imports in Lithuania
Wooden Furniture Treatments Price in Lithuania (FOB) - 2023
In August 2023, the average wooden furniture treatments export price amounted to $8,734 per ton, dropping by -11.2% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 306% against the previous month. The export price peaked at $13,479 per ton in June 2023; however, from July 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Russia ($15,647 per ton), while the average price for exports to Latvia ($906 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Wooden Furniture Treatments Price in Lithuania (CIF) - 2022
In 2022, the average wooden furniture treatments import price amounted to $4,571 per ton, surging by 22% against the previous year. Overall, the import price, however, saw a mild shrinkage. The growth pace was the most rapid in 2021 an increase of 45%. Over the period under review, average import prices hit record highs at $7,413 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($15,045 per ton), while the price for Latvia ($780 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Wooden Furniture Treatments Exports in Lithuania
Wooden furniture treatments exports from Lithuania amounted to 155 tons in 2022, increasing by 15% on the year before. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, wooden furniture treatments exports skyrocketed to $958K in 2022. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
Export of Wooden Furniture Treatments in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 70.7 | 85.0 | 148 | 392 | 77.0% |
Russia | 310 | 118 | 256 | 316 | 0.6% |
Kazakhstan | 38.7 | 69.5 | 78.9 | 116 | 44.2% |
Latvia | 39.4 | 36.6 | 41.7 | 36.4 | -2.6% |
Ukraine | 97.7 | 110 | 158 | 33.8 | -29.8% |
Germany | 0.1 | 0.2 | 0.1 | 20.0 | 484.8% |
Estonia | 1.2 | 2.8 | 2.3 | 3.6 | 44.2% |
Others | 19.8 | 12.2 | 16.5 | 39.5 | 25.9% |
Total | 578 | 435 | 702 | 958 | 18.3% |
Top Export Markets for Wooden Furniture Treatments from Lithuania in 2022:
- Belarus (54.1 tons)
- Russia (47.8 tons)
- Latvia (26.2 tons)
- Kazakhstan (12.6 tons)
- Ukraine (5.6 tons)
- Estonia (2.9 tons)
- Germany (2.8 tons)
Wooden Furniture Treatments Imports in Lithuania
In 2022, purchases abroad of polishes and creams for wooden furniture and floors decreased by -5% to 191 tons, falling for the second consecutive year after two years of growth. In general, imports saw a mild contraction. The most prominent rate of growth was recorded in 2020 with an increase of 1.3% against the previous year. As a result, imports attained the peak of 202 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, wooden furniture treatments imports soared to $873K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Wooden Furniture Treatments in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 297 | 246 | 428 | 425 | 12.7% |
Belgium | 66.9 | 18.8 | 48.6 | 173 | 37.3% |
Germany | 61.1 | 59.4 | 66.5 | 97.9 | 17.0% |
Latvia | 71.0 | 110 | 86.3 | 55.1 | -8.1% |
Poland | 52.2 | 38.7 | 31.8 | 42.4 | -6.7% |
Others | 49.1 | 46.8 | 90.8 | 78.9 | 17.1% |
Total | 598 | 519 | 752 | 873 | 13.4% |
Top Suppliers of Wooden Furniture Treatments to Lithuania in 2022:
- Latvia (70.7 tons)
- Italy (63.0 tons)
- Germany (21.4 tons)
- Poland (16.7 tons)
- Belgium (11.5 tons)
This report provides an in-depth analysis of the wooden furniture treatments 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 20414350 - Polishes, creams and similar preparations, for the maintenance of wooden furniture, floors or other woodwork (excluding artificial and prepared waxes)
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
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In value terms, polishes, creams, scouring pastes and powders imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
In value terms, polishes, creams, scouring pastes and powders exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
In value terms, polishes, creams, scouring pastes and powders imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
In value terms, polishes, creams, scouring pastes and powders exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...