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Wood and wood product manufacturing

From source to production with deep sence of tradition and knowledge 

In 2018 wood processing sector accounted for about 2.5% of GDP. At the beginning of 2020 this industry has employed around 28.3 thousand workers or 3.0% of total employment.

2,189 companies were active in the industry at the beginning of 2020 and 99.8% of them were small and medium sized enterprises (SMEs) with 1-249 persons employed.

In 2019 decrease of domestically produced wood processing sector exports was around 1.1% – the value of which reached 936.3 million EUR. In 2019 exports of domestically produced goods consisted mainly of builders’ joinery and carpentry (26.8%), wood sawn, chipped, sliced or peeled (16.3%), prefabricated buildings (15.6%), wood in the rough (14.0%) and wooden pallets, containers etc. (10.0%). The decrease in domestically produced exports in 2019 was mostly driven by the decrease of wood in the rough or roughly squared (decreased by 17.0 million euros or 11.5% to 130.9 million euros), whereas the largest growth in exports was recorded for builders’ joinery and carpentry of wood (increased by 20.8 million euros or 9.0% to 251.2 million euros).

In 2019 the most important export markets for the wood processing industry were Germany (13.0%), Norway (12.2%), Latvia (10.8%), the United Kingdom (8.8%) and Sweden (6.3%). In 2019 the export of domestically produced wood processing sector has decreased most significantly to Latvia (decreased by 17.5 million euros or 14.7% to 101.4 million euros), whereas the largest growth in exports was recorded for Germany (increased by 19.3 million euros or 18.8% to 122.2 million euros). Countries in the European Union accounted for 72.3% of exports by the wood processing industry in 2019.

Key products

  • Sawn timber
  • Prefabricated buildings
  • Practical boards and board of wood
  • Wooden windows and doors
  • Flooring panels
  • Exterior and interior planks

Industry’s key competitive advantages

  • Efficient application of modern technologies and innovative business solutions
  • Strategic proximity to major markets
  • Good availability of raw materials
  • High flexibility to handle non-standard orders

Overview of Lithuanian Wood and Wood Product Manufacturing Sector

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