Price for Iron or Steel Window and Door in Lithuania - 2023
Contents:
- Price for Iron or Steel Window and Door in Lithuania (FOB) - 2023
- Price for Iron or Steel Window and Door in Lithuania (CIF) - 2023
- Exports of Iron or Steel Window and Door in Lithuania
- Imports of Iron or Steel Window and Door in Lithuania
Price for Iron or Steel Window and Door in Lithuania (FOB) - 2023
The average export price for iron or steel doors, thresholds for doors and windows stood at $314 per unit in July 2023, shrinking by -15.7% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 60% against the previous month. The export price peaked at $372 per unit in June 2023, and then contracted notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($846 per unit), while the average price for exports to Faroe Islands ($176 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Window and Door in Lithuania (CIF) - 2023
The average import price for iron or steel doors, thresholds for doors and windows stood at $204 per unit in July 2023, jumping by 17% against the previous month. Overall, import price indicated a perceptible increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, import price for iron or steel doors, thresholds for doors and windows increased by +35.7% against April 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 38% against the previous month. As a result, import price reached the peak level of $232 per unit. From April 2023 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Estonia ($261 per unit), while the price for China ($74.4 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Latvia (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel Window and Door in Lithuania
In 2022, approx. 117K units of iron or steel doors, thresholds for doors and windows were exported from Lithuania; picking up by 46% on the previous year. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel doors, thresholds for doors and windows surged to $30M in 2022. The total export value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iron or Steel Window and Door in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.8 | 2.9 | 3.8 | 3.7 | 9.7% |
| Norway | 2.2 | 2.1 | 2.7 | 3.2 | 13.3% |
| Latvia | 3.6 | 2.9 | 2.3 | 2.9 | -7.0% |
| Poland | 0.8 | 0.1 | 0.2 | 2.2 | 40.1% |
| United Kingdom | 2.4 | 1.0 | 1.9 | 1.9 | -7.5% |
| Germany | 0.8 | 1.0 | 0.8 | 1.7 | 28.6% |
| Belgium | 0.4 | 0.4 | 0.7 | 1.4 | 51.8% |
| Italy | 0.5 | 0.3 | 0.4 | 1.2 | 33.9% |
| Denmark | 1.4 | 1.2 | 0.8 | 1.1 | -7.7% |
| Russia | 2.0 | 2.5 | 2.8 | 1.1 | -18.1% |
| France | 0.3 | 0.4 | 0.4 | 0.9 | 44.2% |
| Netherlands | 0.1 | 0.2 | 0.2 | 0.8 | 100.0% |
| Faroe Islands | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Others | 5.7 | 5.7 | 6.2 | 7.3 | 8.6% |
| Total | 23.2 | 20.7 | 23.3 | 29.9 | 8.8% |
Top Export Markets for Iron or Steel Window and Door from Lithuania in 2022:
- Sweden (16.3K units)
- Poland (15.0K units)
- Latvia (12.7K units)
- Norway (8.8K units)
- Germany (7.5K units)
- Belgium (6.4K units)
- United Kingdom (4.8K units)
- Italy (4.5K units)
- Denmark (4.5K units)
- Netherlands (3.7K units)
- France (3.2K units)
- Russia (3.1K units)
- Faroe Islands (3.0K units)
Imports of Iron or Steel Window and Door in Lithuania
In 2022, purchases abroad of iron or steel doors, thresholds for doors and windows decreased by -14.3% to 204K units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 9.4%. Over the period under review, imports of reached the maximum at 238K units in 2021, and then contracted in the following year.
In value terms, imports of iron or steel doors, thresholds for doors and windows fell dramatically to $30M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. Imports peaked at $35M in 2021, and then contracted notably in the following year.
| Import of Iron or Steel Window and Door in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.1 | 6.0 | 8.0 | 7.7 | 2.7% |
| Russia | 0.3 | 0.1 | 0.2 | 7.5 | 192.4% |
| Belarus | 12.5 | 15.9 | 17.0 | 4.8 | -27.3% |
| Poland | 1.0 | 0.9 | 1.3 | 2.1 | 28.1% |
| Estonia | 0.8 | 1.3 | 1.3 | 1.7 | 28.6% |
| Ukraine | 1.3 | 1.9 | 2.2 | 1.3 | 0.0% |
| China | 1.3 | 1.0 | 1.4 | 1.1 | -5.4% |
| Others | 3.6 | 4.2 | 3.5 | 3.4 | -1.9% |
| Total | 27.9 | 31.3 | 34.9 | 29.6 | 2.0% |
Top Suppliers of Iron or Steel Window and Door to Lithuania in 2022:
- Russia (68.4K units)
- Germany (43.1K units)
- Belarus (32.2K units)
- Poland (12.8K units)
- Ukraine (11.8K units)
- Estonia (9.5K units)
- China (9.2K units)
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