Lithuania: Ceramic Tile Market 2024

Ceramic Tile Market Size in Lithuania

In 2023, after two years of growth, there was decline in the Lithuanian ceramic tile market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2022, and then shrank modestly in the following year.

Ceramic Tile Production in Lithuania

In value terms, ceramic tile production amounted to $X in 2023 estimated in export price. In general, production, however, faced a dramatic curtailment. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Ceramic tile production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Ceramic Tile Exports

Exports from Lithuania

In 2023, after three years of growth, there was decline in overseas shipments of ceramic tiles, when their volume decreased by X% to X square meters. In general, exports saw a noticeable downturn. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X square meters in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, ceramic tile exports contracted to $X in 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Latvia (X square meters) was the main destination for ceramic tile exports from Lithuania, accounting for a X% share of total exports. Moreover, ceramic tile exports to Latvia exceeded the volume sent to the second major destination, Denmark (X square meters), more than tenfold. The Netherlands (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Latvia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and the Netherlands (X% per year).

In value terms, Latvia ($X) remains the key foreign market for ceramic tiles exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by Denmark ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Latvia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2023, the average ceramic tile export price amounted to $X per square meter, flattening at the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, ceramic tile export price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2016 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per square meter), while the average price for exports to Estonia ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Tile Imports

Imports into Lithuania

In 2023, ceramic tile imports into Lithuania surged to X square meters, with an increase of X% on 2022. In general, total imports indicated a resilient expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to continue growth in the immediate term.

In value terms, ceramic tile imports dropped to $X in 2023. Over the period under review, total imports indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2022, and then dropped modestly in the following year.

Imports by Country

In 2023, Poland (X square meters) constituted the largest ceramic tile supplier to Lithuania, with a X% share of total imports. Moreover, ceramic tile imports from Poland exceeded the figures recorded by the second-largest supplier, Spain (X square meters), fivefold. Italy (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Italy (X% per year).

In value terms, the largest ceramic tile suppliers to Lithuania were Poland ($X), Italy ($X) and Spain ($X), together accounting for X% of total imports. Germany, India and Latvia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, India, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average ceramic tile import price amounted to $X per square meter, shrinking by X% against the previous year. In general, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2022 an increase of X%. The import price peaked at $X per square meter in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Poland ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform