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Lithuania - Endless Bands For Machinery, Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEndless Machinery Band Price in Lithuania - 2022
Contents:
- Endless Machinery Band Price in Lithuania (CIF) - 2022
- Endless Machinery Band Price in Lithuania (FOB) - 2022
- Endless Machinery Band Imports in Lithuania
- Endless Machinery Band Exports in Lithuania
Endless Machinery Band Price in Lithuania (CIF) - 2022
In 2022, the average endless machinery band import price amounted to $6.6 per square meter, reducing by -27.6% against the previous year. Over the period under review, the import price saw a deep slump. The pace of growth was the most pronounced in 2014 an increase of 98%. As a result, import price reached the peak level of $46 per square meter. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($70 per square meter), while the price for Italy ($4.4 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Endless Machinery Band Price in Lithuania (FOB) - 2022
The average endless machinery band export price stood at $12 per square meter in 2022, falling by -4.2% against the previous year. Overall, the export price showed a pronounced slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by 80%. Over the period under review, the average export prices hit record highs at $37 per square meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($11 per square meter), while the average price for exports to Latvia amounted to $3.6 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+57.9%), while the prices for the other major destinations experienced a decline.
Endless Machinery Band Imports in Lithuania
After three years of growth, purchases abroad of endless bands for machinery, of stainless steel decreased by -19% to 42K square meters in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 60%. As a result, imports attained the peak of 51K square meters, and then declined remarkably in the following year.
In value terms, endless machinery band imports declined dramatically to $275K in 2022. In general, imports, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of $469K, and then shrank markedly in the following year.
Import of Endless Machinery Band in Lithuania (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 123 | 120 | 125 | 165 | 10.3% |
Germany | 94.5 | 125 | 235 | 59.4 | -14.3% |
Netherlands | 26.8 | 60.0 | 100 | 48.4 | 21.8% |
Others | 12.6 | 23.2 | 9.1 | 2.3 | -43.3% |
Total | 257 | 328 | 469 | 275 | 2.3% |
Top Suppliers of Endless Machinery Band to Lithuania in 2022:
- Italy (37.7K square meters)
- Netherlands (3.0K square meters)
- Germany (0.8K square meters)
Endless Machinery Band Exports in Lithuania
In 2022, overseas shipments of endless bands for machinery, of stainless steel decreased by -84.8% to 2.8K square meters for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 510%. As a result, the exports attained the peak of 18K square meters, and then fell dramatically in the following year.
In value terms, endless machinery band exports declined rapidly to $34K in 2022. Over the period under review, exports showed a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 319%. As a result, the exports reached the peak of $234K, and then shrank rapidly in the following year.
Export of Endless Machinery Band in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 68.8 | 52.8 | 223 | 29.6 | -24.5% |
Latvia | 0.1 | 2.9 | 2.9 | 0.6 | 81.7% |
Others | 5.8 | N/A | 7.7 | 3.9 | -12.4% |
Total | 74.7 | 55.7 | 234 | 34.1 | -23.0% |
Top Export Markets for Endless Machinery Band from Lithuania in 2022:
- Russia (2.6K square meters)
- Latvia (0.2K square meters)
This report provides an in-depth analysis of the endless machinery band 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 25931313 - Endless bands for machinery, of stainless steel
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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