Dies for drawing or extruding metal market in Lithuania

Earlier Report Observations

In 2018, the Lithuanian market for dies for drawing or extruding metal stood at 2.3 million US dollars, supported by a robust metalworking sector that was one of the country's largest producers and employers, with strong export growth to developed industrial markets. By 2020, however, the market size had contracted sharply to 0.8 million US dollars.

A recovery began in 2021, lifting the market to 1.3 million US dollars, though it dipped again in 2022 to 0.8 million. From 2023, technological advances and sustainability requirements started to affect import and production processes, helping drive the market to 1.2 million US dollars. The following year, shifts in consumer preferences within the construction sector—where demand grew for durable and reliable metal solutions—provided additional momentum, pushing the market size to 1.5 million US dollars in 2024.

Production dies for drawing or extruding metal in Lithuania

In value, 2018-2021, K $ US

Following two consecutive years of decline, Lithuania's production of dies for drawing or extruding metal rebounded in 2021. The output was valued at 2 343 K $ US, marking a significant 33.7% increase compared to 2020. However, looking at the broader period from 2018 to 2021, overall production decreased by 26.4%, with an average annual decline of 9.7%. The lowest point was recorded in 2020 at 1 753 K $ US, while the most substantial drop occurred in 2019, with a decline of 34.3%.

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

In kind, 2018-2021, kg

In 2021, Lithuania produced 63 057 kg of dies for drawing or extruding metal, showing a slight decrease of 0.8% from the previous year. Over the four-year span from 2018 to 2021, production grew by 13.1%, averaging an annual increase of 4.2%. The minimum output was in 2019 at 40 692 kg, and the peak was reached in 2020 with 63 548 kg. The largest decline took place in 2019, falling by 27.0%, while the most significant surge occurred in 2020, jumping by 56.2%.

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

Exports dies for drawing or extruding metal from Lithuania

Exports in kind, kg

The market displayed notable volatility during the observed period. Export volumes reached their lowest point in 2019 at 38 895 kg and peaked in 2020 at 75 239 kg, resulting in a 1.9-fold difference between these years. In 2021, exports from Lithuania amounted to 56 291 kg, which represents a 25.2% decrease compared to the previous year. The most substantial decline was recorded in 2019, dropping by 31.5%, while the largest increase happened in 2020, soaring by 93.4%.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, kg

From 2018 to 2021, the key destinations for Lithuania's exports of dies for drawing or extruding metal in kind were Russia, Belarus, and Sweden. Russia accounted for 58.3% of exports, Belarus for 16.9%, and Sweden for 9.6%. Together, these three countries made up 84.8% of total export flows.

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

The market experienced an unstable trend throughout the timeframe. Export values hit their lowest point in 2019 at 1 176 K $ US and reached their maximum in 2020 at 2 189 K $ US, showing a 1.9-fold variation. In 2021, Lithuania exported dies for drawing or extruding metal worth 1 910 K $ US, indicating a robust decrease of 12.7% year-over-year. The largest decline occurred in 2019, falling by 20.9%, while the most significant increase was in 2020, rising by 86.1%.

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

During the period from 2018 to 2021, the main markets for Lithuania's exports of dies for drawing or extruding metal in value terms were Russia, Belarus, and Latvia. Russia held a 62.2% share, Belarus accounted for 16.9%, and Latvia made up 8.1%. Collectively, these three countries represented 87.2% of total export flows.

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

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

Imports dies for drawing or extruding metal to Lithuania

Imports in kind, kg

Imports of foreign dies for drawing or extruding metal into Lithuania declined for the second year in a row. In 2021, imports totaled 18 116 kg, reflecting a sharp drop of 45.3% from 2020. Over the period from 2018 to 2021, imports decreased by 10.7%, equivalent to an average annual decline of 3.7%. The highest import volume was recorded in 2019 at 33 170 kg, with the largest increase occurring that same year, surging by 63.5%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, kg

From 2018 to 2021, the largest sources of imports in kind for dies for drawing or extruding metal into Lithuania were Italy, Czechia, and Sweden. Italy contributed 53.4% of imports, Czechia accounted for 12.1%, and Sweden made up 11.9%. Together, these three countries comprised 77.4% of total import flows.

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 showed an unstable trend over the timeframe. Import values reached their lowest point in 2018 and peaked in 2020, with a two-fold variation between these years. In 2021, the volume of dies for drawing or extruding metal imports into Lithuania came to 826 K $ US, indicating a decline of 32.5% compared to the previous year. The maximum value was recorded in 2020 at 1 223 K $ US, and the largest increase occurred in 2019, rising by 76.4%.

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

Over the period from 2018 to 2021, the primary suppliers of dies for drawing or extruding metal to Lithuania in value terms were Italy, Czechia, and Spain. Italy held a 37.0% share, Czechia accounted for 17.3%, and Spain made up 16.3%. Jointly, these three countries represented 70.5% of total imports in value terms.

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

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