Iron or steel wool and scourers market in Lithuania

Earlier Report Observations

The Lithuanian market for iron or steel wool and scourers showed considerable volatility in value from 2018 to 2024. It contracted sharply in 2019 but then entered a phase of recovery and expansion, culminating in a peak value in 2023 before a slight correction the following year.

This trajectory was shaped by varying contributions from domestic production and international trade. The market's lowest point in 2019 aligned with a substantial rise in exports coupled with weaker production. The subsequent growth, particularly the strong performance in 2023, was fueled by a significant increase in domestic manufacturing output and a concurrent recovery in import values, while export activity remained subdued compared to earlier years.

Throughout the period, the value of domestic production demonstrated an overall upward trend despite yearly fluctuations, ending the period notably higher than its starting point. Import values generally increased over the long term, despite a temporary downturn, and exports experienced a surge in 2020 before settling at a lower level.

Production iron or steel wool and scourers in Lithuania

In value, 2018-2021, $ US

In 2021, the output of iron or steel wool and scourers in Lithuania was valued at 53,245 US dollars, marking a 10.1% decrease from the previous year. Looking at the period from 2018 to 2021, production grew by 14.9%, which translates to an average annual increase of 4.7%. The lowest value was recorded in 2019 at 41,261 US dollars, while the highest was in 2020 at 59,201 US dollars. The most significant decline occurred in 2019 with an 11.0% drop, and the largest increase was in 2020 with a 43.5% rise.

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

In kind, 2018-2021, kg

In 2021, Lithuania produced 3,910 kilograms of iron or steel wool and scourers, representing a sharp year-over-year decline of 28.8%. Over the 2018-2021 period, production fell by 29.7%, with a compound annual growth rate of -11.1%. The largest increase was recorded in 2020, with a 28.1% rise.

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

Exports iron or steel wool and scourers from Lithuania

Exports in kind, kg

Following a two-year uptick, exports of iron or steel wool and scourers from Lithuania declined in 2021. Exports totaled 25,042 kilograms, which is 3.7% lower than in 2020. From 2018 to 2021, exports increased by 51.1%, with a compound annual growth rate of 14.7%. The highest export volume was recorded in 2020 at 26,005 kilograms, and the largest increase occurred in 2019 with a 34.8% rise.

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

Between 2018 and 2021, the main destinations for Lithuania's exports of iron or steel wool and scourers in kind were Latvia, accounting for 33.2% of exports, Russia with 26.1%, and Estonia at 17.8%. Together, these three countries represented 77.1% 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

After a two-year increase, the export value of iron or steel wool and scourers from Lithuania fell in 2021. Export volume reached 154.7 thousand US dollars, showing a sharp decline of 40.6% compared to the previous year. Over the 2018-2021 period, exports grew by 13.7%, with a compound annual growth rate of 4.4%. The peak value was recorded in 2020 at 260.6 thousand US dollars, and the largest increase was in 2019 with a 57.0% rise.

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

From 2018 to 2021, Russia, Latvia, and Estonia remained the principal buyers of iron or steel wool and scourers from Lithuania in value terms. Russia accounted for 37.8% of exports, Latvia for 28.7%, and Estonia for 15.0%. Collectively, these three countries made up 81.6% of total export value.

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

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

Imports iron or steel wool and scourers to Lithuania

Imports in kind, kg

After a two-year gain, imports of iron or steel wool and scourers into Lithuania declined in 2021. Lithuania imported a total of 51,560 kilograms, showing a slight decrease of 3.0% compared to 2020. Over the 2018-2021 period, imports increased by 29.3%, with a compound annual growth rate of 9.0%. The highest import volume was recorded in 2020 at 53,136 kilograms, and the largest increase occurred in 2020 with a 21.2% rise.

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

Between 2018 and 2021, the main sources for Lithuania's imports of iron or steel wool and scourers in kind were China, Poland, and Czechia. China accounted for 30.4% of imports, Poland for 18.3%, and Czechia for 14.6%. Together, these three countries represented 63.3% 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

Following a two-year uptick, imports of iron or steel wool and scourers into Lithuania declined in 2021. Imports stood at 410.5 thousand US dollars, down by 5.8% year-over-year. Between 2018 and 2021, imports increased by 11.9%, equating to an average annual rate of 3.8%. The peak value was recorded in 2020 at 435.7 thousand US dollars, and the largest increase was in 2020 with a 15.6% rise.

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

From 2018 to 2021, Poland, China, and Germany continued to be the main suppliers of iron or steel wool and scourers to Lithuania in value terms. Poland accounted for 36.2% of imports, China for 15.5%, and Germany for 11.2%. Jointly, these three countries formed 62.9% of total import value.

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

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