Lithuania - Bumpers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBumper Price in Lithuania - 2023
Contents:
- Bumper Price in Lithuania (CIF) - 2023
- Bumper Price in Lithuania (FOB) - 2022
- Bumper Imports in Lithuania
- Bumper Exports in Lithuania
Bumper Price in Lithuania (CIF) - 2023
The average bumper import price stood at $18,158 per ton in October 2023, waning by -13.8% against the previous month. Overall, the import price, however, saw a modest increase. The pace of growth appeared the most rapid in February 2023 an increase of 30% against the previous month. The import price peaked at $24,627 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Latvia ($77,140 per ton), while the price for Norway ($1,470 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Bumper Price in Lithuania (FOB) - 2022
The average bumper export price stood at $13,038 per ton in 2022, picking up by 8.6% against the previous year. Over the period under review, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 45%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($68,472 per ton), while the average price for exports to Tajikistan ($1,031 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.
Bumper Imports in Lithuania
In 2022, bumper imports into Lithuania reduced dramatically to 2.3K tons, which is down by -26.4% on the previous year. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, imports reached the peak of 3.1K tons, and then dropped sharply in the following year.
In value terms, bumper imports declined remarkably to $23M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of $28M, and then dropped dramatically in the following year.
Import of Bumper in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 10.2 | 7.9 | 12.1 | 8.3 | -6.6% |
China | 1.2 | 2.2 | 3.4 | 2.9 | 34.2% |
Poland | 2.0 | 1.6 | 2.0 | 2.6 | 9.1% |
Taiwan (Chinese) | 2.1 | 2.3 | 2.9 | 2.1 | 0.0% |
Latvia | 1.5 | 1.2 | 1.4 | 1.4 | -2.3% |
Italy | 0.7 | 0.5 | 0.6 | 0.4 | -17.0% |
Netherlands | 0.3 | 0.2 | 0.7 | 0.2 | -12.6% |
United Kingdom | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
Others | 4.7 | 4.3 | 5.0 | 5.0 | 2.1% |
Total | 22.9 | 20.3 | 28.3 | 23.2 | 0.4% |
Top Suppliers of Bumper to Lithuania in 2022:
- Germany (1329.1 tons)
- Poland (411.1 tons)
- China (155.3 tons)
- Taiwan (Chinese) (94.9 tons)
- Latvia (54.7 tons)
- United Kingdom (53.3 tons)
- Italy (35.5 tons)
- Netherlands (16.4 tons)
Bumper Exports in Lithuania
In 2022, the amount of bumpers exported from Lithuania reduced to 1K tons, which is down by -10.9% on the previous year's figure. Overall, exports recorded a deep setback. The smallest decline of -0.8% was in 2021.
In value terms, bumper exports declined to $13M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, the exports attained the peak of $14M, and then fell in the following year.
Export of Bumper in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Armenia | N/A | 3.7 | 0.3 | 2,466 | 2481.6% |
Poland | 1,144 | 1,696 | 2,568 | 2,295 | 26.1% |
United Kingdom | 345 | 695 | 1,926 | 1,776 | 72.7% |
Germany | 858 | 1,013 | 1,450 | 1,056 | 7.2% |
Estonia | 304 | 549 | 773 | 775 | 36.6% |
Latvia | 1,649 | 436 | 565 | 505 | -32.6% |
Kazakhstan | 145 | 164 | 159 | 360 | 35.4% |
Russia | 1,554 | 1,515 | 2,130 | 291 | -42.8% |
Belarus | 826 | 639 | 497 | 280 | -30.3% |
Kyrgyzstan | 27.4 | 23.6 | 27.0 | 235 | 104.7% |
France | 98.5 | 142 | 161 | 140 | 12.4% |
Tajikistan | 68.4 | 80.3 | 56.1 | 48.9 | -10.6% |
Uzbekistan | 0.6 | 53.6 | 3.5 | 35.7 | 290.4% |
Others | 704 | 2,501 | 3,367 | 2,974 | 61.7% |
Total | 7,724 | 9,511 | 13,683 | 13,239 | 19.7% |
Top Export Markets for Bumper from Lithuania in 2022:
- Kazakhstan (205.9 tons)
- Kyrgyzstan (194.6 tons)
- Belarus (118.5 tons)
- Armenia (81.0 tons)
- Poland (69.5 tons)
- Estonia (57.5 tons)
- Tajikistan (47.4 tons)
- Latvia (33.6 tons)
- United Kingdom (25.9 tons)
- Germany (23.3 tons)
- Russia (21.6 tons)
- Uzbekistan (16.0 tons)
- France (15.2 tons)
This report provides an in-depth analysis of the bumper 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 29323010 - Bumpers and parts thereof (including plastic bumpers)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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