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Lithuania - Iron Or Steel Skid Chain - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Skid Chain Price in Lithuania - 2023
Contents:
- Metal Skid Chain Price in Lithuania (FOB) - 2022
- Metal Skid Chain Price in Lithuania (CIF) - 2023
- Metal Skid Chain Exports in Lithuania
- Metal Skid Chain Imports in Lithuania
Metal Skid Chain Price in Lithuania (FOB) - 2022
In 2022, the average metal skid chain export price amounted to $3,675 per ton, increasing by 3.5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 9.8% against the previous year. Over the period under review, the average export prices reached the maximum at $3,723 per ton in 2013; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($5,719 per ton), while the average price for exports to the United States ($3,172 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 Canada (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Skid Chain Price in Lithuania (CIF) - 2023
The average metal skid chain import price stood at $2,870 per ton in September 2023, picking up by 5.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in April 2023 an increase of 33% month-to-month. The import price peaked at $2,978 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($3,853 per ton), while the price for China ($2,028 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Skid Chain Exports in Lithuania
In 2022, approx. 4.4K tons of iron or steel skid chain were exported from Lithuania; picking up by 14% on the year before. The total export volume increased at an average annual rate of +3.0% 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 when exports increased by 22% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, metal skid chain exports soared to $16M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.1% 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 +57.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
Export of Metal Skid Chain in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 4.9 | 3.3 | 5.0 | 6.9 | 12.1% |
Norway | 4.4 | 4.4 | 4.8 | 5.4 | 7.1% |
United States | 1.0 | 0.8 | 0.7 | 1.3 | 9.1% |
Sweden | 0.5 | 0.6 | 1.0 | 0.7 | 11.9% |
Romania | 0.2 | 0.2 | 0.4 | 0.5 | 35.7% |
Latvia | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
Poland | 0.2 | 0.2 | 0.4 | 0.3 | 14.5% |
Russia | 0.3 | 0.2 | 0.4 | 0.1 | -30.7% |
Others | 0.7 | 0.5 | 0.7 | 0.6 | -5.0% |
Total | 12.5 | 10.3 | 13.8 | 16.2 | 9.0% |
Top Export Markets for Metal Skid Chain from Lithuania in 2022:
- Canada (1807.7 tons)
- Norway (1540.7 tons)
- United States (409.9 tons)
- Sweden (210.2 tons)
- Romania (136.2 tons)
- Latvia (78.0 tons)
- Poland (64.8 tons)
- Russia (14.9 tons)
Metal Skid Chain Imports in Lithuania
Metal skid chain imports into Lithuania surged to 2.9K tons in 2022, increasing by 18% on the year before. The total import volume increased at an average annual rate of +5.1% 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 29% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, metal skid chain imports soared to $6.9M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +80.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Metal Skid Chain in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 3.9 | 3.3 | 4.3 | 5.3 | 10.8% |
China | 0.3 | 0.2 | 0.4 | 0.7 | 32.6% |
Poland | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
Slovenia | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
Others | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
Total | 4.8 | 3.8 | 5.4 | 6.9 | 12.9% |
Top Suppliers of Metal Skid Chain to Lithuania in 2022:
- Sweden (2340.8 tons)
- China (281.0 tons)
- Poland (90.3 tons)
- Slovenia (69.1 tons)
This report provides an in-depth analysis of the metal skid chain 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 25931730 - Iron or steel skid chain excluding chains fitted with cutting, or other articles in which chains play a subsidiary role, door guards finished with chains - surveying chains
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
-
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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