Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Lithuania - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Lithuania (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Lithuania (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Lithuania
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Lithuania
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Lithuania (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.1 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, continues to indicate a slight slump. The pace of growth appeared the most rapid in 2014 an increase of 23% against the previous year. As a result, import price attained the peak level of $0.1 per unit. 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 France ($0.1 per unit), while the price for Italy (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Lithuania (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.2 per unit in 2022, surging by 16% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by +38.4% against 2019 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 18% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($0.4 per unit), while the average price for exports to Kazakhstan ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Lithuania
In 2022, purchases abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by 8.3% to 850M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at 873M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $72M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 26.5 | 18.0 | 24.3 | 24.0 | -3.2% |
| Poland | 2.8 | 3.1 | 5.3 | 7.1 | 36.4% |
| Sweden | 6.2 | 5.3 | 5.8 | 5.5 | -3.9% |
| France | 1.8 | 4.3 | 3.7 | 3.7 | 27.1% |
| Italy | 3.4 | 2.4 | 3.2 | 2.8 | -6.3% |
| China | 1.9 | 1.8 | 3.2 | 2.7 | 12.4% |
| Netherlands | 1.0 | 0.9 | 1.2 | 2.5 | 35.7% |
| Czech Republic | 2.5 | 2.5 | 1.8 | 2.5 | 0.0% |
| Finland | 2.5 | 2.2 | 2.4 | 2.5 | 0.0% |
| Belgium | 3.1 | 1.9 | 3.0 | 2.5 | -6.9% |
| Latvia | 1.4 | 1.7 | 1.6 | 2.3 | 18.0% |
| Estonia | 1.1 | 1.1 | 1.2 | 1.4 | 8.4% |
| Romania | 3.3 | 1.1 | 0.1 | 0.1 | -68.8% |
| Others | 9.5 | 12.4 | 8.9 | 11.8 | 7.5% |
| Total | 67.2 | 58.8 | 65.8 | 71.5 | 2.1% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Lithuania in 2022:
- Germany (265.8M units)
- Poland (128.1M units)
- Sweden (106.4M units)
- Italy (59.6M units)
- Belgium (47.6M units)
- Latvia (41.0M units)
- Finland (32.6M units)
- China (27.6M units)
- Netherlands (27.5M units)
- France (24.5M units)
- Czech Republic (19.2M units)
- Estonia (17.5M units)
- Romania (1.2M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Lithuania
Exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Lithuania reached 225M units in 2022, increasing by 4.9% on 2021. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 9.4%. As a result, the exports attained the peak of 240M units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment skyrocketed to $36M in 2022. The total export value increased at an average annual rate of +12.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.2 | 1.3 | 1.6 | 6.4 | 42.8% |
| Netherlands | 0.1 | 2.1 | 2.5 | 2.6 | 196.2% |
| Russia | 5.8 | 7.3 | 6.5 | 2.4 | -25.5% |
| Kazakhstan | 1.8 | 1.9 | 0.2 | 2.0 | 3.6% |
| Brazil | 0.4 | 1.1 | 1.7 | 1.9 | 68.1% |
| Poland | 0.7 | 0.7 | 1.0 | 1.9 | 39.5% |
| Latvia | 0.8 | 0.9 | 1.4 | 1.9 | 33.4% |
| United Kingdom | 0.5 | 0.9 | 0.5 | 1.8 | 53.3% |
| Finland | 4.3 | 2.7 | 3.1 | 1.6 | -28.1% |
| France | 0.4 | 0.2 | 0.7 | 1.4 | 51.8% |
| Czech Republic | 0.1 | 0.1 | N/A | 0.9 | 108.0% |
| Estonia | 0.3 | 0.5 | 0.5 | 0.8 | 38.7% |
| Kyrgyzstan | N/A | N/A | N/A | 0.7 | 0% |
| Others | 7.9 | 8.6 | 9.9 | 9.9 | 7.8% |
| Total | 25.4 | 28.4 | 29.7 | 36.1 | 12.4% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Lithuania in 2022:
- Kazakhstan (25.8M units)
- Latvia (24.0M units)
- Brazil (22.4M units)
- Russia (22.2M units)
- Germany (18.4M units)
- Poland (12.7M units)
- Finland (10.8M units)
- Netherlands (10.7M units)
- Estonia (7.4M units)
- United Kingdom (7.3M units)
- France (6.8M units)
- Czech Republic (5.9M units)
- Kyrgyzstan (4.6M units)
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