Lithuania - Blades For Construction Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingConstruction Equipment Blade Price in Lithuania - 2023
Contents:
- Construction Equipment Blade Price in Lithuania (FOB) - 2022
- Construction Equipment Blade Price in Lithuania (CIF) - 2022
- Construction Equipment Blade Exports in Lithuania
- Construction Equipment Blade Imports in Lithuania
Construction Equipment Blade Price in Lithuania (FOB) - 2022
The average construction equipment blade export price stood at $15 per unit in 2022, growing by 44% against the previous year. In general, the export price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 82%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($66 per unit), while the average price for exports to Denmark ($1.8 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 Norway (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.
Construction Equipment Blade Price in Lithuania (CIF) - 2022
The average construction equipment blade import price stood at $12 per unit in 2022, growing by 9% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 96% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($20 per unit), while the price for Ukraine ($3.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+69.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Construction Equipment Blade Exports in Lithuania
In 2022, after three years of growth, there was significant decline in overseas shipments of blades for construction equipment, when their volume decreased by -49.2% to 59K units. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of 116K units, and then reduced sharply in the following year.
In value terms, construction equipment blade exports dropped dramatically to $865K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 52%. As a result, the exports reached the peak of $1.2M, and then dropped dramatically in the following year.
Export of Construction Equipment Blade in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | N/A | 38.5 | 346 | 444 | 239.6% |
Russia | 539 | 658 | 650 | 137 | -36.7% |
Sweden | 4.8 | 2.1 | 8.8 | 82.2 | 157.8% |
Latvia | 63.2 | 16.7 | 52.9 | 78.7 | 7.6% |
Finland | 29.8 | N/A | 2.4 | 74.5 | 35.7% |
Estonia | 10.1 | 4.1 | 3.8 | 34.2 | 50.2% |
Poland | 5.2 | 37.5 | 85.3 | 6.4 | 7.2% |
Denmark | N/A | 2.0 | 8.2 | 1.9 | -2.5% |
Others | 27.8 | 21.0 | 26.0 | 6.8 | -37.5% |
Total | 680 | 780 | 1,183 | 865 | 8.4% |
Top Export Markets for Construction Equipment Blade from Lithuania in 2022:
- Russia (24.4K units)
- Estonia (8.1K units)
- Norway (6.7K units)
- Sweden (6.6K units)
- Finland (6.3K units)
- Latvia (5.0K units)
- Denmark (1.1K units)
- Poland (0.6K units)
Construction Equipment Blade Imports in Lithuania
In 2022, imports of blades for construction equipment into Lithuania skyrocketed to 66K units, growing by 34% on 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, construction equipment blade imports soared to $807K in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Construction Equipment Blade in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 59.2 | 52.1 | 206 | 310 | 73.7% |
Sweden | 64.5 | 16.1 | 28.7 | 285 | 64.1% |
Latvia | 0.7 | 4.4 | 68.3 | 119 | 454.0% |
Belgium | 13.2 | 0.8 | 5.5 | 44.4 | 49.8% |
Finland | N/A | N/A | 102 | 9.8 | -90.4% |
Estonia | 20.5 | 1.0 | 21.4 | 7.6 | -28.2% |
Belarus | 6.5 | 0.2 | 5.6 | 2.6 | -26.3% |
Spain | 155 | N/A | N/A | N/A | 0% |
Slovakia | 44.3 | 7.1 | 70.6 | N/A | 26.2% |
France | N/A | 171 | N/A | N/A | 0% |
Others | 18.5 | 142 | 45.7 | 28.9 | 16.0% |
Total | 382 | 395 | 553 | 807 | 28.3% |
Top Suppliers of Construction Equipment Blade to Lithuania in 2022:
- Poland (29.4K units)
- Sweden (17.6K units)
- Latvia (10.9K units)
- Belgium (2.9K units)
- Finland (1.5K units)
- Estonia (0.5K units)
- Belarus (0.4K units)
This report provides an in-depth analysis of the construction equipment blade 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 28922800 - Blades for all types of construction equipment
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
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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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