Lithuania: Aluminium Tube Market 2024

Aluminium Tube Market Size in Lithuania

The Lithuanian aluminium tube market reduced to $X in 2022, falling by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Aluminium tube consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Aluminium Tube Production in Lithuania

In value terms, aluminium tube production dropped to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Aluminium Tube Exports

Exports from Lithuania

In 2022, approx. X tons of aluminium tubes and pipes were exported from Lithuania; with a decrease of X% against 2021 figures. Overall, exports showed a deep reduction. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, aluminium tube exports dropped notably to $X in 2022. In general, exports saw a abrupt setback. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X kg), Estonia (X kg) and Poland (X kg) were the main destinations of aluminium tube exports from Lithuania, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Ireland ($X) and Poland ($X) constituted the largest markets for aluminium tube exported from Lithuania worldwide, together comprising X% of total exports. Serbia, Kazakhstan, Estonia and Latvia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average aluminium tube export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Estonia ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Tube Imports

Imports into Lithuania

In 2022, approx. X tons of aluminium tubes and pipes were imported into Lithuania; increasing by X% against the previous year's figure. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, aluminium tube imports shrank sharply to $X in 2022. In general, imports posted perceptible growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest aluminium tube supplier to Lithuania, with a X% share of total imports. Moreover, aluminium tube imports from Russia exceeded the figures recorded by the second-largest supplier, Poland (X tons), sixfold. The third position in this ranking was taken by Denmark (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Denmark (X% per year).

In value terms, Russia ($X) constituted the largest supplier of aluminium tubes and pipes to Lithuania, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average aluminium tube import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price recorded a deep downturn. The growth pace was the most rapid in 2015 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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