Illuminated Sign Price in Lithuania - 2022
Contents:
- Illuminated Sign Price in Lithuania (FOB) - 2022
- Illuminated Sign Price in Lithuania (CIF) - 2022
- Illuminated Sign Exports in Lithuania
- Illuminated Sign Imports in Lithuania
Illuminated Sign Price in Lithuania (FOB) - 2022
In 2022, the average illuminated sign export price amounted to $19,777 per ton, waning by -3.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices attained the peak figure at $27,620 per ton in 2014; however, from 2015 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 the Netherlands ($27,059 per ton), while the average price for exports to France ($13,885 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 Germany (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Illuminated Sign Price in Lithuania (CIF) - 2022
The average illuminated sign import price stood at $18,740 per ton in 2022, surging by 16% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, illuminated sign import price decreased by -10.7% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 64% against the previous year. As a result, import price reached the peak level of $27,384 per ton. From 2017 to 2022, the average 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 Latvia ($58,842 per ton), while the price for Sweden ($12,441 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Illuminated Sign Exports in Lithuania
In 2022, after three years of growth, there was significant decline in overseas shipments of illuminated signs and illuminated name-plates, when their volume decreased by -6.5% to 1.1K tons. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year.
In value terms, illuminated sign exports shrank to $22M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +38.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, the exports attained the peak of $24M, and then dropped in the following year.
| Export of Illuminated Sign in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.3 | 4.1 | 4.8 | 4.2 | 22.2% |
| Denmark | 2.4 | 2.6 | 3.9 | 3.5 | 13.4% |
| Sweden | 2.1 | 1.9 | 3.0 | 2.7 | 8.7% |
| Netherlands | 1.8 | 2.6 | 2.9 | 2.6 | 13.0% |
| Switzerland | 1.1 | 1.9 | 2.3 | 2.0 | 22.1% |
| Belgium | 1.4 | 1.4 | 1.8 | 1.6 | 4.6% |
| France | 0.5 | 1.3 | 1.3 | 1.2 | 33.9% |
| Germany | 1.5 | 1.3 | 1.2 | 1.2 | -7.2% |
| Others | 2.6 | 2.5 | 3.0 | 2.8 | 2.5% |
| Total | 15.7 | 19.5 | 24.2 | 21.9 | 11.7% |
Top Export Markets for Illuminated Sign from Lithuania in 2022:
- Denmark (208.2 tons)
- Norway (207.4 tons)
- Sweden (163.8 tons)
- Netherlands (96.4 tons)
- Switzerland (92.3 tons)
- France (83.9 tons)
- Belgium (77.6 tons)
- Germany (72.6 tons)
Illuminated Sign Imports in Lithuania
In 2022, after three years of growth, there was significant decline in purchases abroad of illuminated signs and illuminated name-plates, when their volume decreased by -12.6% to 131 tons. The total import volume increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of 150 tons, and then shrank in the following year.
In value terms, illuminated sign imports totaled $2.5M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports attained the peak of $2.5M; afterwards, it flattened through to 2022.
| Import of Illuminated Sign in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 769 | 1,331 | 941 | 926 | 6.4% |
| Latvia | 24.2 | 163 | 353 | 327 | 138.2% |
| China | 299 | 199 | 250 | 232 | -8.1% |
| France | 432 | 149 | 137 | 219 | -20.3% |
| Netherlands | 34.6 | 210 | 224 | 208 | 81.8% |
| Germany | 45.0 | 47.9 | 217 | 201 | 64.7% |
| Turkey | 74.5 | 40.5 | 21.5 | 41.6 | -17.7% |
| Others | 336 | 341 | 281 | 298 | -3.9% |
| Total | 2,013 | 2,481 | 2,425 | 2,453 | 6.8% |
Top Suppliers of Illuminated Sign to Lithuania in 2022:
- Poland (74.2 tons)
- Germany (14.9 tons)
- China (13.4 tons)
- France (6.0 tons)
- Latvia (5.6 tons)
- Netherlands (4.2 tons)
- Turkey (3.2 tons)
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