Lithuania - Electro-Cardiographs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingECG Price in Lithuania - 2023
Contents:
- ECG Price in Lithuania (CIF) - 2022
- ECG Price in Lithuania (FOB) - 2022
- ECG Imports in Lithuania
- ECG Exports in Lithuania
ECG Price in Lithuania (CIF) - 2022
The average ECG import price stood at $680 per unit in 2022, declining by -25.5% against the previous year. Over the period under review, the import price, however, enjoyed measured growth. The growth pace was the most rapid in 2018 an increase of 95%. As a result, import price attained the peak level of $1,399 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
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 China ($1,833 per unit), while the price for Poland ($251 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+61.0%), while the prices for the other major suppliers experienced more modest paces of growth.
ECG Price in Lithuania (FOB) - 2022
In 2022, the average ECG export price amounted to $704 per unit, falling by -29.3% against the previous year. Overall, the export price, however, enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2017 an increase of 121% against the previous year. As a result, the export price attained the peak level of $1,568 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($3,199 per unit), while the average price for exports to Russia totaled $525 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+11.5%).
ECG Imports in Lithuania
ECG imports into Lithuania surged to 1.1K units in 2022, with an increase of 33% against the previous year. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ECG imports shrank to $721K in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 4.7%. Over the period under review, imports hit record highs at $725K in 2021, and then shrank modestly in the following year.
Import of ECG in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 48.0 | 79.2 | 82.3 | 220 | 66.1% |
Germany | 95.1 | 99.3 | 182 | 160 | 18.9% |
Switzerland | 134 | 195 | 174 | 145 | 2.7% |
China | 81.8 | 86.9 | 89.5 | 93.5 | 4.6% |
Japan | 66.9 | 42.5 | 44.3 | 21.2 | -31.8% |
Estonia | 16.9 | 12.3 | 26.2 | 19.2 | 4.3% |
Finland | 43.5 | 75.7 | 20.0 | 8.0 | -43.1% |
United Kingdom | 85.5 | N/A | 0.2 | 5.0 | -61.2% |
Poland | 21.2 | 11.3 | 2.9 | 4.0 | -42.6% |
Others | 91.7 | 115 | 104 | 45.4 | -20.9% |
Total | 685 | 717 | 725 | 721 | 1.7% |
Top Suppliers of ECG to Lithuania in 2022:
- Italy (620.0 units)
- Germany (200.0 units)
- Switzerland (87.0 units)
- China (51.0 units)
- Estonia (44.0 units)
- United Kingdom (17.0 units)
- Poland (16.0 units)
- Japan (8.0 units)
- Finland (3.0 units)
ECG Exports in Lithuania
For the fourth consecutive year, Lithuania recorded growth in overseas shipments of electro-cardiographs, which increased by 23% to 481 units in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 86%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, ECG exports dropped to $339K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 58%. Over the period under review, the exports hit record highs at $390K in 2021, and then declined in the following year.
Export of ECG in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 47.8 | 84.7 | 149 | 239 | 71.0% |
Estonia | 37.2 | 121 | 67.7 | 49.4 | 9.9% |
Latvia | 58.9 | 74.8 | 115 | 41.6 | -10.9% |
Kazakhstan | 21.7 | 1.7 | 2.2 | 4.0 | -43.1% |
Tajikistan | N/A | 4.7 | N/A | N/A | 0% |
Armenia | N/A | N/A | 25.7 | N/A | 0% |
Kyrgyzstan | N/A | N/A | 10.3 | N/A | 0% |
Others | 16.2 | N/A | 20.5 | 4.2 | -36.2% |
Total | 182 | 287 | 390 | 339 | 23.0% |
Top Export Markets for ECG from Lithuania in 2022:
- Russia (456.0 units)
- Latvia (13.0 units)
- Estonia (7.0 units)
- Kazakhstan (3.0 units)
This report provides an in-depth analysis of the ecg 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 26601230 - Electro-cardiographs
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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