Price for Wood; Shingles and Shakes in Lithuania - 2023

Contents:

1. Price for Wood; Shingles and Shakes in Lithuania (CIF) - 2022
2. Price for Wood; Shingles and Shakes in Lithuania (FOB) - 2022
3. Imports of Wood; Shingles and Shakes in Lithuania
4. Exports of Wood; Shingles and Shakes in Lithuania

Price for Wood; Shingles and Shakes in Lithuania (CIF) - 2022

In 2022, the average wood; shingles and shakes import price amounted to $10,080 per ton, jumping by 75% against the previous year. Over the period under review, the import price recorded a strong increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 92%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($53,299 per ton), while the price for Canada ($8,215 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+23.3%).

Price for Wood; Shingles and Shakes in Lithuania (FOB) - 2022

The average wood; shingles and shakes export price stood at $11,682 per ton in 2022, with an increase of 428% against the previous year. In general, the export price enjoyed a remarkable increase. As a result, the export price attained 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 Belarus ($19,455 per ton), while the average price for exports to the UK ($1,520 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Shingles and Shakes in Lithuania

In 2022, approx. 113 tons of wood; shingles and shakeses were imported into Lithuania; with an increase of 6.4% compared with the year before. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 186%. As a result, imports attained the peak of 117 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood; shingles and shakes imports soared to $1.1M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 193% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Wood; Shingles and Shakes to Lithuania in 2022:

1. Canada (105.9 tons)
2. Poland (3.7 tons)
3. Estonia (2.4 tons)

Exports of Wood; Shingles and Shakes in Lithuania

In 2022, overseas shipments of wood; shingles and shakeses decreased by -61% to 4 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a dramatic decline. The growth pace was the most rapid in 2020 when exports increased by 284% against the previous year. As a result, the exports reached the peak of 125 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wood; shingles and shakes exports soared to $47K in 2022. Overall, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 144% against the previous year. As a result, the exports attained the peak of $232K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Wood; Shingles and Shakes from Lithuania in 2022:

1. Belarus (1.5 tons)
2. Latvia (0.9 tons)
3. United Kingdom (0.8 tons)
4. Norway (0.7 tons)

Source: IndexBox Market Intelligence Platform