Lithuania - Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for LCD or LED Indicator Panel in Lithuania - 2023
Contents:
- Price for LCD or LED Indicator Panel in Lithuania (CIF) - 2022
- Price for LCD or LED Indicator Panel in Lithuania (FOB) - 2022
- Imports of LCD or LED Indicator Panel in Lithuania
- Exports of LCD or LED Indicator Panel in Lithuania
Price for LCD or LED Indicator Panel in Lithuania (CIF) - 2022
In 2022, the average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) amounted to $6.6 per unit, surging by 15% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, LCD or LED indicator panel import price increased by +80.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57% against the previous year. Over the period under review, average import prices reached the maximum at $6.7 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 the Netherlands ($28 per unit), while the price for China ($2.7 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 (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for LCD or LED Indicator Panel in Lithuania (FOB) - 2022
In 2022, the average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) amounted to $7.4 per unit, surging by 62% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 159%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($34 per unit), while the average price for exports to Norway ($1.1 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 Faroe Islands (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of LCD or LED Indicator Panel in Lithuania
For the third year in a row, Lithuania recorded decline in supplies from abroad of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD), which decreased by -39.7% to 931K units in 2022. Over the period under review, imports recorded a sharp reduction. The smallest decline of -8% was in 2020. Over the period under review, imports reached the peak figure at 2.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, LCD or LED indicator panel imports dropped dramatically to $6.2M in 2022. In general, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.7%. Imports peaked at $9.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of LCD or LED Indicator Panel in Lithuania (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 206 | 324 | 443 | 1,641 | 99.7% |
Germany | 606 | 864 | 1,597 | 1,427 | 33.0% |
China | 2,201 | 2,017 | 1,874 | 1,353 | -15.0% |
Poland | 105 | 1,740 | 441 | 408 | 57.2% |
Latvia | 3,191 | 1,450 | 2,210 | 289 | -55.1% |
Finland | 734 | 509 | 571 | 226 | -32.5% |
France | 589 | 49.3 | 33.5 | 159 | -35.4% |
Others | 2,243 | 1,559 | 1,739 | 666 | -33.3% |
Total | 9,874 | 8,512 | 8,909 | 6,168 | -14.5% |
Top Suppliers of LCD or LED Indicator Panel to Lithuania in 2022:
- China (508.1K units)
- Poland (94.2K units)
- Germany (67.2K units)
- Netherlands (58.0K units)
- Latvia (45.2K units)
- France (42.0K units)
- Finland (37.8K units)
Exports of LCD or LED Indicator Panel in Lithuania
For the third year in a row, Lithuania recorded decline in overseas shipments of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD), which decreased by -60.9% to 234K units in 2022. Overall, exports saw a sharp setback. The smallest decline of -11.7% was in 2021. Over the period under review, the exports attained the maximum at 3.5M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, LCD or LED indicator panel exports dropped dramatically to $1.7M in 2022. Over the period under review, exports faced a sharp contraction. The smallest decline of -9.8% was in 2021. Over the period under review, the exports reached the maximum at $6.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of LCD or LED Indicator Panel in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1,134 | 832 | 1,103 | 288 | -36.7% |
Netherlands | 5.9 | 84.7 | 2.6 | 204 | 225.8% |
Kazakhstan | 8.1 | 26.7 | 16.1 | 204 | 193.1% |
Poland | 480 | 10.0 | 8.4 | 168 | -29.5% |
Estonia | 131 | 48.6 | 220 | 89.9 | -11.8% |
Finland | 9.3 | 15.3 | 9.9 | 75.9 | 101.3% |
Belarus | 268 | 469 | 641 | 73.7 | -35.0% |
Hong Kong SAR | N/A | N/A | N/A | 68.1 | 0% |
Latvia | 385 | 342 | 237 | 61.1 | -45.9% |
New Zealand | N/A | N/A | N/A | 43.4 | 0% |
Italy | 36.3 | 180 | 160 | 41.4 | 4.5% |
Faroe Islands | 10.0 | 15.3 | 10.1 | 11.0 | 3.2% |
Norway | 2,862 | 48.5 | 81.5 | 10.2 | -84.7% |
Others | 818 | 970 | 253 | 392 | -21.7% |
Total | 6,148 | 3,042 | 2,743 | 1,732 | -34.4% |
Top Export Markets for LCD or LED Indicator Panel from Lithuania in 2022:
- Russia (72.1K units)
- Netherlands (25.6K units)
- Italy (20.5K units)
- Latvia (13.8K units)
- New Zealand (13.5K units)
- Norway (9.7K units)
- Faroe Islands (9.4K units)
- Belarus (7.5K units)
- Hong Kong SAR (6.6K units)
- Poland (6.1K units)
- Estonia (6.0K units)
- Kazakhstan (6.0K units)
- Finland (5.0K units)
This report provides an in-depth analysis of the market for lcd or led indicator panel 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 27902020 - Indicator panels incorporating liquid crystal display (LCD)
- Prodcom 27902050 - Indicator panels incorporating light emitting diodes (LED)
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
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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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