Price for Machinery; Parts of Machinery of Heading No. 8422 in Lithuania - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Lithuania (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Lithuania (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Lithuania
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Lithuania
Price for Machinery; Parts of Machinery of Heading No. 8422 in Lithuania (CIF) - 2022
The average import price for machinery; parts of machinery of heading no. 8422 stood at $77,629 per ton in 2022, jumping by 19% against the previous year. Over the period under review, the import price, however, showed a mild shrinkage. The import price peaked at $89,175 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 France ($448,034 per ton), while the price for the UK ($36,501 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Lithuania (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery of heading no. 8422 amounted to $94,514 per ton, with an increase of 9% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 machinery; parts of machinery of heading no. 8422 increased by +38.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 67% against the previous year. The export price peaked at $117,884 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($264,689 per ton), while the average price for exports to Canada ($44,586 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 Kyrgyzstan (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Lithuania
In 2022, imports of machinery; parts of machinery of heading no. 8422 into Lithuania plummeted to 161 tons, falling by -30.7% against the previous year's figure. Overall, imports saw a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of 233 tons, and then fell remarkably in the following year.
In value terms, imports of machinery; parts of machinery of heading no. 8422 fell significantly to $13M in 2022. In general, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, imports reached the peak of $15M, and then contracted dramatically in the following year.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.1 | 3.3 | 5.4 | 4.0 | -13.1% |
| Italy | 4.4 | 3.1 | 3.9 | 3.1 | -11.0% |
| Poland | 0.8 | 1.0 | 0.8 | 0.7 | -4.4% |
| Netherlands | 0.4 | 0.4 | 0.3 | 0.5 | 7.7% |
| United Kingdom | 0.7 | 0.7 | 1.3 | 0.5 | -10.6% |
| Estonia | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Finland | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Spain | 0.1 | 1.4 | 0.4 | 0.3 | 44.2% |
| Sweden | 0.2 | 0.4 | 0.4 | 0.2 | 0.0% |
| Latvia | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Others | 1.3 | 1.7 | 2.1 | 2.3 | 20.9% |
| Total | 14.7 | 12.4 | 15.2 | 12.5 | -5.3% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Lithuania in 2022:
- Italy (57.5 tons)
- Germany (34.9 tons)
- United Kingdom (13.9 tons)
- Poland (11.1 tons)
- Netherlands (7.2 tons)
- Finland (5.9 tons)
- Latvia (5.9 tons)
- Estonia (5.1 tons)
- Sweden (3.9 tons)
- Spain (3.6 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Lithuania
Exports of machinery; parts of machinery of heading no. 8422 from Lithuania shrank significantly to 99 tons in 2022, with a decrease of -33% against the previous year's figure. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 58% against the previous year.
In value terms, exports of machinery; parts of machinery of heading no. 8422 contracted notably to $9.3M in 2022. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of $13M, and then contracted sharply in the following year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 8.5 | 8.2 | 8.2 | 5.7 | -12.5% |
| Estonia | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Uzbekistan | N/A | 0.3 | 0.5 | 0.4 | 15.5% |
| Kyrgyzstan | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Belarus | 0.4 | 0.8 | 0.7 | 0.3 | -9.1% |
| Latvia | 0.3 | 0.4 | 0.8 | 0.3 | 0.0% |
| Kazakhstan | 0.6 | N/A | 0.5 | 0.3 | -20.6% |
| Ukraine | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
| Canada | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.8 | 0.7 | 1.8 | 1.4 | 20.5% |
| Total | 10.9 | 10.6 | 12.8 | 9.3 | -5.2% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Lithuania in 2022:
- Russia (65.7 tons)
- Kazakhstan (5.2 tons)
- Latvia (3.4 tons)
- Canada (3.2 tons)
- Estonia (2.6 tons)
- Belarus (2.5 tons)
- Kyrgyzstan (2.1 tons)
- Uzbekistan (1.6 tons)
- Ukraine (1.5 tons)
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