Cellular PU plates, sheets, film, foil and strip market in Lithuania

Earlier Report Observations

The market for cellular PU plates, sheets, film, foil and strip in Lithuania experienced notable fluctuations between 2018 and 2024. Market volume grew steadily from 15 939 tons in 2018 to a peak of 18 778 tons in 2021, representing an increase of nearly 18% over three years. This expansion was accompanied by a sharp rise in market value, which more than doubled from 52.1 million USD in 2018 to 74.6 million USD in 2021.

Following the 2021 peak, the market entered a period of sustained contraction. By 2024, the market volume had fallen to 12 206 tons, a decline of 35% from the high point, while the market value dropped to 43.1 million USD. This downward trajectory was driven by lower domestic production, which fell from 24 873 tons in 2020 to 21 563 tons in 2024, and a significant reduction in imports after their 2021 spike.

The post-2021 decline reshaped the market to a size smaller than its 2018 level. The contraction in market value was more pronounced than in volume, indicating underlying shifts in pricing or product composition during the period.

Production cellular PU plates, sheets, film, foil and strip in Lithuania

In value, 2018-2021, M $ US

Lithuania's production of cellular PU plates, sheets, film, foil, and strip increased for the second year in a row. In 2021, output reached 100.7 million US dollars, marking a 42.8% rise from 2020. Over the 2018-2021 period, production grew by 33.7%, with an average annual growth rate of 10.2%. The lowest value was recorded in 2019 at 67.6 million US dollars, which saw the largest decline of 10.3%.

Annual dynamics of production in Lithuania in value, 2018-2021, M $ US

In kind, 2018-2021, t

Following two years of growth, Lithuania's production volume of cellular PU plates, sheets, film, foil, and strip declined. In 2021, 24,583 tonnes were produced, representing a slight decrease of 1.2% compared to the previous year. From 2018 to 2021, overall production increased by 5.5%, with a compound annual growth rate of 1.8%. The peak was in 2020 at 24,873 tonnes, while the largest increase occurred in 2019 at 5.8%.

Annual dynamics of production in Lithuania in kind, 2018-2021, t

Exports cellular PU plates, sheets, film, foil and strip from Lithuania

Exports in kind, t

Lithuania exported 14,455 tonnes of cellular PU plates, sheets, film, foil, and strip in 2021, showing a strong year-on-year gain of 10.2%. Over the 2018-2021 period, exports rose by 8.5%, with an average annual growth rate of 2.8%. The lowest export volume was in 2020 at 13,116 tonnes, which also saw the largest decline of 5.0%.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, t

From 2018 to 2021, Poland, the United Kingdom, and Latvia remained the top buyers of cellular PU plates, sheets, film, foil, and strip from Lithuania. Poland accounted for 45.2% of exports in kind, the United Kingdom for 10.9%, and Latvia for 10.7%, together making up 66.8% of total exports.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Lithuania in kind, 2018-2021

Exports in value, K $ US

Lithuania's export value of cellular PU plates, sheets, film, foil, and strip increased for the second consecutive year. In 2021, exports totaled 57.202 million US dollars, equivalent to a sharp rise of 40.5% compared to 2020. Over the 2018-2021 period, exports grew by 35.5%, with a compound annual growth rate of 10.6%. The lowest value was recorded in 2019 at 38.841 million US dollars, which experienced the largest decline of 8.0%.

Annual dynamics of product's exports from Lithuania in value, 2018-2021, K $ US

Between 2018 and 2021, Poland, Latvia, and Estonia continued to be the main buyers in value terms for Lithuania's exports of cellular PU plates, sheets, film, foil, and strip. Poland represented 45.2% of export value, Latvia 12.0%, and Estonia 9.5%, collectively accounting for 66.7% of total exports.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Lithuania in value, 2018-2021

Imports cellular PU plates, sheets, film, foil and strip to Lithuania

Imports in kind, t

Lithuania's imports of cellular PU plates, sheets, film, foil, and strip increased for the second year in a row. In 2021, imports amounted to approximately 8,650 tonnes, up by 43.6% from 2020. From 2018 to 2021, imports grew by 45.2%, equating to an annualized rate of 13.2%. The lowest import volume was in 2019 at 5,157 tonnes, which saw the largest decline of 13.5%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, t

From 2018 to 2021, Russia, Poland, and Finland were the leading suppliers of cellular PU plates, sheets, film, foil, and strip to Lithuania. Russia accounted for 28.5% of imports in kind, Poland for 24.4%, and Finland for 12.0%, together making up 65.0% of total imports.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Lithuania in kind, 2018-2021

Imports in value, K $ US

The market displayed volatility during the observed period. Imports reached their lowest point in 2019 at 14.659 million US dollars, which saw the largest decline of 22.9%. By 2021, imports surged to 31.060 million US dollars, indicating a sharp rise of 80.8% compared to 2020, with a 2.1-fold difference between the trough in 2019 and the peak in 2021.

Annual dynamics of product's imports to Lithuania in value, 2018-2021, K $ US

Between 2018 and 2021, Poland, Russia, and Finland were the primary sources for imports in value terms of cellular PU plates, sheets, film, foil, and strip into Lithuania. Poland represented 25.5% of import value, Russia 25.1%, and Finland 12.4%, together accounting for 63.0% of total imports.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Lithuania in value, 2018-2021