Lithuania - Voiles, Webs, Mats And Other Articles Of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fiber Price in Lithuania - 2023
Contents:
- Glass Fiber Price in Lithuania (FOB) - 2022
- Glass Fiber Price in Lithuania (CIF) - 2022
- Glass Fiber Exports in Lithuania
- Glass Fiber Imports in Lithuania
Glass Fiber Price in Lithuania (FOB) - 2022
In 2022, the average glass fiber export price amounted to $4,493 per ton, surging by 81% against the previous year. In general, the export price continues to indicate a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($15,552 per ton), while the average price for exports to Hungary ($722 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 Denmark (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fiber Price in Lithuania (CIF) - 2022
The average glass fiber import price stood at $2,581 per ton in 2022, growing by 39% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,294 per ton), while the price for Russia ($1,348 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fiber Exports in Lithuania
In 2022, overseas shipments of voiles, webs, mats and other articles of glass fibers decreased by -77.5% to 2.8K tons, falling for the second year in a row after two years of growth. In general, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 13%. As a result, the exports reached the peak of 14K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, glass fiber exports declined markedly to $13M in 2022. Overall, exports recorded a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 6.9% against the previous year. As a result, the exports attained the peak of $37M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Glass Fiber in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.8 | 3.1 | 3.9 | 4.9 | 20.5% |
| Denmark | 0.8 | 3.1 | 3.0 | 2.7 | 50.0% |
| Germany | 2.3 | 6.9 | 7.0 | 1.7 | -9.6% |
| Russia | 4.2 | 2.1 | 1.3 | 0.5 | -50.8% |
| Spain | 5.8 | 6.4 | 2.6 | 0.4 | -59.0% |
| Estonia | 0.7 | 0.7 | 1.9 | 0.3 | -24.6% |
| Poland | 9.6 | 8.0 | 5.4 | 0.3 | -68.5% |
| Latvia | 0.8 | 0.7 | 1.0 | 0.3 | -27.9% |
| France | 1.4 | 1.1 | 0.7 | 0.1 | -58.5% |
| United Kingdom | 2.5 | 2.9 | 2.3 | 0.1 | -65.8% |
| Hungary | N/A | N/A | N/A | 0.1 | 0% |
| Turkey | 2.1 | 0.8 | N/A | N/A | -61.9% |
| Others | 1.7 | 1.1 | 2.2 | 1.4 | -6.3% |
| Total | 34.7 | 37.1 | 31.4 | 12.8 | -28.3% |
Top Export Markets for Glass Fiber from Lithuania in 2022:
- Germany (1305.7 tons)
- Norway (312.3 tons)
- Denmark (245.5 tons)
- Latvia (195.3 tons)
- Hungary (173.5 tons)
- Spain (162.7 tons)
- Poland (124.9 tons)
- Estonia (37.4 tons)
- Russia (28.5 tons)
- United Kingdom (19.6 tons)
- France (15.7 tons)
- Turkey (0.4 tons)
Glass Fiber Imports in Lithuania
In 2022, glass fiber imports into Lithuania reduced markedly to 4K tons, waning by -77.9% compared with the year before. Overall, imports saw a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of 18K tons, and then reduced dramatically in the following year.
In value terms, glass fiber imports contracted rapidly to $10M in 2022. In general, imports recorded a significant contraction. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, imports reached the peak of $34M, and then reduced rapidly in the following year.
| Import of Glass Fiber in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 3.6 | 2.8 | 3.6 | -12.1% |
| Poland | 2.1 | 1.5 | 3.1 | 2.4 | 4.6% |
| Germany | 5.1 | 2.6 | 3.0 | 1.3 | -36.6% |
| Latvia | 0.5 | 0.3 | 0.2 | 0.7 | 11.9% |
| Czech Republic | 6.3 | 6.5 | 8.0 | 0.4 | -60.1% |
| Romania | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Finland | 3.5 | 3.1 | 4.6 | 0.2 | -61.5% |
| Russia | 2.5 | 1.9 | 1.2 | N/A | -30.7% |
| Egypt | 0.5 | 0.2 | 0.6 | N/A | 9.5% |
| Others | 3.8 | 4.3 | 9.9 | 1.7 | -23.5% |
| Total | 29.5 | 24.2 | 33.7 | 10.4 | -29.4% |
Top Suppliers of Glass Fiber to Lithuania in 2022:
- China (2203.9 tons)
- Poland (1109.8 tons)
- Latvia (156.2 tons)
- Czech Republic (129.8 tons)
- Germany (113.5 tons)
- Romania (86.6 tons)
- Finland (30.6 tons)
- Russia (18.5 tons)
This report provides an in-depth analysis of the glass fiber 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 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
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
-
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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