Wood and wood product manufacturing
From source to production with deep sence of tradition and knowledge
The wood processing sector accounts for about 2.0 % of GDP, employing around 32.2 thousand workers or 3.5 percent of total employment. 2257 companies were active in the sector at the beginning of 2016, 99.8 percent of them were SMEs.
In 2015 production of the wood processing sector (at current prices excl. taxes) amounted to 973 million EUR, which was a 10.4 % increase compared to 2014. Around 2/3 of production is exported to more than 90 countries around the world.
The most important export markets for the wood processing sector in 2015 were Germany, followed by Norway, Latvia and the United Kingdom. European Union countries accounted for almost 70 percent of exports by the wood processing sector.
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 products manufacturing industry
