Lithuania - Iron Or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Lithuania - Iron Or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights

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Metal Gas Appliances Price in Lithuania - 2023

Contents:

  1. Metal Gas Appliances Price in Lithuania (CIF) - 2022
  2. Metal Gas Appliances Price in Lithuania (FOB) - 2022
  3. Metal Gas Appliances Imports in Lithuania
  4. Metal Gas Appliances Exports in Lithuania

Metal Gas Appliances Price in Lithuania (CIF) - 2022

The average metal gas appliances import price stood at $7.4 per unit in 2022, shrinking by -18% against the previous year. Overall, the import price faced a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 71% against the previous year. The import price peaked at $74 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($68 per unit), while the price for the Czech Republic ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Gas Appliances Price in Lithuania (FOB) - 2022

The average metal gas appliances export price stood at $11 per unit in 2022, waning by -6.9% against the previous year. Overall, the export price continues to indicate a dramatic slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 79%. As a result, the export price reached the peak level of $417 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($292 per unit), while the average price for exports to Sweden ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-1.8%), while the prices for the other major destinations experienced a decline.

Metal Gas Appliances Imports in Lithuania

In 2022, approx. 160K units of iron or steel gas domestic appliances were imported into Lithuania; growing by 14% on the previous year. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 314%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, metal gas appliances imports reduced to $1.2M in 2022. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 133%. As a result, imports reached the peak of $1.3M, and then reduced in the following year.

Import of Metal Gas Appliances in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China41815362658311.7%
Poland189202305170-3.5%
Italy12.615.637.655.363.7%
Turkey12.03.721.244.354.6%
Germany8.410.124.843.472.9%
Latvia21.823.129.440.122.5%
Czech Republic16.09.18.78.1-20.3%
Austria7.5N/AN/A0.1-76.3%
Others52.112521023465.0%
Total7375421,2621,17816.9%

Top Suppliers of Metal Gas Appliances to Lithuania in 2022:

  1. China (17.7K units)
  2. Turkey (2.9K units)
  3. Poland (2.5K units)
  4. Italy (1.8K units)
  5. Latvia (0.8K units)
  6. Germany (0.7K units)
  7. Czech Republic (0.6K units)

Metal Gas Appliances Exports in Lithuania

In 2022, metal gas appliances exports from Lithuania surged to 16K units, jumping by 22% compared with the previous year. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 160% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, metal gas appliances exports rose rapidly to $188K in 2022. In general, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 35%. Over the period under review, the exports hit record highs at $275K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Metal Gas Appliances in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia10840.434.453.4-20.9%
UkraineN/AN/A0.839.74862.5%
Estonia11028.624.932.8-33.2%
United StatesN/AN/A15.213.6-10.5%
Russia31.325.260.610.1-31.4%
SwitzerlandN/A0.2N/A6.0447.7%
SwedenN/AN/A1.24.1241.7%
Uzbekistan17.911.4N/A0.2-77.6%
Others7.716.128.027.653.0%
Total275122165188-11.9%

Top Export Markets for Metal Gas Appliances from Lithuania in 2022:

  1. Latvia (1.1K units)
  2. Estonia (1.0K units)
  3. United States (0.4K units)
  4. Sweden (0.3K units)
  5. Switzerland (0.2K units)
  6. Ukraine (0.1K units)
  7. Russia (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal gas appliances market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (excluding cooking appliances and plate warmers )

Country coverage:

  • Lithuania

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Lithuania
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Iron Or Steel Gas Domestic Appliances - Lithuania