# Lithuania Furniture: wooden, for kitchen use price positioning (HS 940340)

Canonical: https://www.yugalinks.com/trade/price-exporter/ltu/940340
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Lithuania has a median reported export price of $2.6K/t across 83 markets. Across the reported period, the highest observed price is $112.4K/t in Armenia; the lowest is $42.3/t in Tajikistan.

## Summary

- Price spread: 4,310.7%
- Total trade value: $705.3M
- Average quantity: 2,211 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Sweden | 2023 | $1.2K/t | -63.8% | +9.8% | +50.9% | $137.5M | 5 | Below |
| Norway | 2023 | $1.6K/t | -77.5% | +13% | +46.7% | $73.2M | 5 | Below |
| Spain | 2023 | $1.2K/t | -73.4% | +13.2% | +46.4% | $43.3M | 5 | Below |
| United Kingdom | 2023 | $1.6K/t | -74.2% | +40.2% | +80.4% | $49.7M | 5 | Below |
| Germany | 2023 | $1.6K/t | -61.1% | +18.9% | +105.4% | $59.3M | 5 | Below |
| France | 2023 | $1.3K/t | -73.5% | +28.1% | +32.9% | $32.2M | 5 | Below |
| Poland | 2023 | $878.3/t | -84% | +16% | +49.1% | $41.6M | 5 | Below |
| Denmark | 2023 | $1.7K/t | -70.5% | +10.2% | +39.1% | $36.9M | 5 | Below |
| Netherlands | 2023 | $7.3K/t | +37.9% | +403.7% | +491.2% | $27.2M | 5 | Above |
| USA, Puerto Rico and US Virgin Islands | 2023 | $5.0K/t | +18.8% | +16.6% | +47.7% | $16.7M | 5 | Mid |
| Czechia | 2023 | $1.4K/t | -64% | +51.4% | +52.6% | $20.1M | 5 | Below |
| Romania | 2023 | $1.3K/t | -64.9% | +15% | -64.4% | $9.1M | 5 | Below |
| Iceland | 2023 | $3.1K/t | -57.6% | +2.9% | +77.5% | $17.2M | 5 | Below |
| United Arab Emirates | 2023 | $1.5K/t | -68.8% | +20.8% | -25.4% | $17.9M | 5 | Below |
| Austria | 2023 | $999.1/t | -85.6% | +13.2% | +39.2% | $10.7M | 5 | Below |
| Armenia | 2023 | $112.4K/t | +1,343.8% | +651.6% | +3,182.7% | $202.7K | 3 | Above |
| Tajikistan | 2023 | $42.3/t | -98.6% | -86.6% | -99% | $5.4K | 4 | Below |

## Price history

- Sweden: 2017 $788.7/t, 2019 $809.6/t, 2020 $813.1/t, 2022 $1.1K/t, 2023 $1.2K/t
- Norway: 2017 $1.1K/t, 2019 $1.2K/t, 2020 $1.1K/t, 2022 $1.5K/t, 2023 $1.6K/t
- Spain: 2017 $847.5/t, 2019 $849.4/t, 2020 $838.4/t, 2022 $1.1K/t, 2023 $1.2K/t
- United Kingdom: 2017 $861.4/t, 2019 $871.8/t, 2020 $856.9/t, 2022 $1.1K/t, 2023 $1.6K/t
- Germany: 2017 $759.5/t, 2019 $745.3/t, 2020 $816.2/t, 2022 $1.3K/t, 2023 $1.6K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $911.7/t | Not reported | $115.0M | 50 |
| 2019 | $972.5/t | +6.7% | $139.4M | 57 |
| 2020 | $935.3/t | -3.8% | $132.4M | 54 |
| 2022 | $1.3K/t | +34.3% | $164.0M | 64 |
| 2023 | $1.5K/t | +21% | $154.5M | 66 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 83 importer markets; 291 reported market-year observations.

## FAQ

### What does Lithuania price positioning show for HS 940340?

It compares Lithuania's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Furniture: wooden, for kitchen use market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "LTU",
  "hs_code": "940340",
  "summary": {
    "num_markets": 83,
    "highest_price_importer_iso3": "ARM",
    "highest_price_usd_per_ton": 112370.76271186442,
    "lowest_price_importer_iso3": "TJK",
    "lowest_price_usd_per_ton": 42.30769230769231,
    "median_price_across_markets": 2605.826373831073,
    "price_spread_pct": 4310.6653669489115,
    "avg_quantity_metric_tons": 2210.624931271478,
    "total_trade_value_usd": 705330075
  },
  "marketRows": [
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      "price_vs_median_pct": -63.81014089129795,
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    },
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