Lithuania - Iron Or Steel Towers And Lattice Masts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Towers in Lithuania - 2023
Contents:
- Price for Iron or Steel Towers in Lithuania (CIF) - 2023
- Price for Iron or Steel Towers in Lithuania (FOB) - 2022
- Imports of Iron or Steel Towers in Lithuania
- Exports of Iron or Steel Towers in Lithuania
Price for Iron or Steel Towers in Lithuania (CIF) - 2023
The average iron or steel towers import price stood at $2,467 per ton in September 2023, rising by 45% against the previous month. In general, import price indicated a temperate expansion from September 2022 to September 2023: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, iron or steel towers import price increased by +46.1% against July 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 65% m-o-m. Over the period under review, average import prices reached the peak figure at $3,123 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Turkey ($2,850 per ton), while the price for India amounted to $1,468 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Towers in Lithuania (FOB) - 2022
The average iron or steel towers export price stood at $11,198 per ton in 2022, picking up by 203% against the previous year. Over the period under review, the export price showed a strong expansion. As a result, the export price reached 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 Turkey ($600,137 per ton), while the average price for exports to Germany ($484 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 Latvia (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Towers in Lithuania
In 2022, purchases abroad of iron or steel towers and lattice masts decreased by -38.3% to 13K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 743%. As a result, imports attained the peak of 21K tons, and then fell significantly in the following year.
In value terms, iron or steel towers imports declined significantly to $27M in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,150%. As a result, imports attained the peak of $43M, and then shrank dramatically in the following year.
Import of Iron or Steel Towers in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 2.6 | 2.8 | 15.7 | 23.9 | 109.5% |
Latvia | 0.1 | 0.1 | 0.1 | 1.4 | 141.0% |
Poland | 0.2 | 0.4 | 0.7 | 0.6 | 44.2% |
China | N/A | N/A | 17.2 | N/A | 0% |
India | N/A | N/A | 7.6 | N/A | 0% |
Others | 0.3 | 0.1 | 1.2 | 1.0 | 49.4% |
Total | 3.3 | 3.4 | 42.6 | 26.9 | 101.3% |
Top Suppliers of Iron or Steel Towers to Lithuania in 2022:
- Turkey (11.7K tons)
- Latvia (0.5K tons)
- Poland (0.3K tons)
Exports of Iron or Steel Towers in Lithuania
In 2022, approx. 438 tons of iron or steel towers and lattice masts were exported from Lithuania; jumping by 1,065% against 2021 figures. In general, 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, iron or steel towers exports skyrocketed to $4.9M in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Iron or Steel Towers in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | N/A | 4,067 | 0% |
Sweden | 7.7 | N/A | 102 | 479 | 296.2% |
Russia | N/A | 41.6 | 21.6 | 158 | 94.9% |
Germany | N/A | N/A | N/A | 112 | 0% |
Latvia | 81.6 | N/A | 15.7 | 0.2 | -86.5% |
Norway | 194 | N/A | N/A | N/A | 0% |
Others | 91.8 | 78.1 | N/A | 89.4 | -0.9% |
Total | 375 | 120 | 139 | 4,906 | 135.6% |
Top Export Markets for Iron or Steel Towers from Lithuania in 2022:
- Germany (231.2 tons)
- Sweden (134.7 tons)
- Russia (59.5 tons)
- Turkey (6.8 tons)
This report provides an in-depth analysis of the market for iron or steel towers 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 25112200 - Iron or steel towers and lattice masts
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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