Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Lithuania - 2023
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Lithuania (FOB) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Lithuania (CIF) - 2022
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Lithuania
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Lithuania
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Lithuania (FOB) - 2022
The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $87,762 per unit in 2022, rising by 509% against the previous year. Overall, the export price recorded a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($95,402 per unit), while the average price for exports to Uzbekistan stood at $26,636 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+7.6%).
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Lithuania (CIF) - 2022
In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $84,896 per unit, growing by 46% against the previous year. Overall, import price indicated a temperate expansion from 2020 to 2022: its price increased at an average annual rate of +3.3% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Italy ($95,402 per unit), while the price for China totaled $847 per unit.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (-24.6%).
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Lithuania
In 2022, approx. 9 units of casting machines; of a kind used in metallurgy or in metal foundrieses were exported from Lithuania; which is down by -10% against the previous year. In general, exports faced a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 233% against the previous year. The exports peaked at 62 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses skyrocketed to $790K in 2022. Over the period under review, exports faced a dramatic setback. The exports peaked at $4.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,709 | 124 | 99.2 | 763 | -23.6% |
| Uzbekistan | 2,591 | N/A | N/A | 26.6 | -78.3% |
| Turkey | N/A | N/A | 44.9 | N/A | 0% |
| Others | 21.4 | N/A | N/A | N/A | 0% |
| Total | 4,322 | 124 | 144 | 790 | -43.2% |
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Lithuania in 2022:
- Russia (8.0 units)
- Uzbekistan (1.0 units)
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Lithuania
After three years of growth, purchases abroad of casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -57.1% to 9 units in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 250% against the previous year. As a result, imports reached the peak of 21 units, and then dropped notably in the following year.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses dropped notably to $764K in 2022. In general, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 156%. Imports peaked at $5.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Italy | N/A | N/A | 763 | 0% | |
| China | 1.5 | N/A | 0.8 | -27.0% | |
| Germany | 476 | 63.7 | N/A | -86.6% | |
| Austria | N/A | 1,110 | N/A | 0% | |
| United States | N/A | 1.4 | N/A | 0% | |
| Finland | N/A | 36.2 | N/A | 0% | |
| Poland | N/A | 11.8 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 478 | 1,223 | 764 | 26.4% | |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Lithuania in 2022:
- Italy (8.0 units)
- China (1.0 units)
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