Lamps; Arc-Lamps Price in Lithuania - 2023

Contents:

1. Lamps; Arc-Lamps Price in Lithuania (CIF) - 2022
2. Lamps; Arc-Lamps Price in Lithuania (FOB) - 2023
3. Lamps; Arc-Lamps Imports in Lithuania
4. Lamps; Arc-Lamps Exports in Lithuania

Lamps; Arc-Lamps Price in Lithuania (CIF) - 2022

In 2022, the average lamps; arc-lamps import price amounted to $27 per unit, picking up by 10% against the previous year. In general, the import price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of 35% against the previous year. Over the period under review, average import prices attained the peak figure at $59 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($178 per unit), while the price for Poland ($18 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Lamps; Arc-Lamps Price in Lithuania (FOB) - 2023

In October 2023, the average lamps; arc-lamps export price amounted to $33.9 per unit, surging by 15% against the previous month. Overall, export price indicated modest growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, lamps; arc-lamps export price decreased by -0.2% against August 2023 indices. The growth pace was the most rapid in November 2022 an increase of 48% against the previous month. Over the period under review, the average export prices reached the maximum at $44.7 per unit in January 2023; however, from February 2023 to October 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In October 2023, the highest price was recorded for prices to Poland ($32.0 per unit) and the United States ($29.4 per unit), while the average price for exports to Latvia ($23.6 per unit) and Estonia ($24.2 per unit) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Lamps; Arc-Lamps Imports in Lithuania

Lamps; arc-lamps imports into Lithuania totaled 45K units in 2022, picking up by 2.7% compared with the previous year. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 31%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, lamps; arc-lamps imports rose sharply to $1.2M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Lamps; Arc-Lamps to Lithuania in 2022:

1. Finland (17.1K units)
2. Poland (16.0K units)
3. Germany (6.1K units)
4. Slovakia (2.3K units)
5. Latvia (0.8K units)
6. Netherlands (0.7K units)
7. Estonia (0.7K units)

Lamps; Arc-Lamps Exports in Lithuania

In 2022, approx. 19K units of lamps; arc-lampses were exported from Lithuania; surging by 60% against the previous year. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lamps; arc-lamps exports skyrocketed to $846K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 decreased by -12.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 89% against the previous year. As a result, the exports attained the peak of $963K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Lamps; Arc-Lamps from Lithuania in 2022:

1. Latvia (5.9K units)
2. Estonia (5.3K units)
3. Russia (3.6K units)
4. Finland (2.3K units)
5. United States (0.5K units)
6. Canada (0.4K units)

Source: IndexBox Market Intelligence Platform