Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Lithuania - 2023
Contents:
- Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Lithuania (CIF) - 2022
- Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Lithuania (FOB) - 2022
- Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Lithuania
- Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Lithuania
Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Lithuania (CIF) - 2022
The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $2,669 per unit in 2022, which is down by -8.5% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses increased by +2.0% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the peak figure at $4,021 per unit in 2018; however, from 2019 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 Germany ($5,674 per unit), while the price for Romania ($1,233 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Lithuania (FOB) - 2022
In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $2,331 per unit, increasing by 13% against the previous year. Over the period under review, the export price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2015 an increase of 75%. The export price peaked at $3,642 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($3,896 per unit), while the average price for exports to Georgia ($411 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 Belarus (+15.5%), while the prices for the other major destinations experienced a decline.
Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Lithuania
In 2022, the amount of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses imported into Lithuania rose to 568 units, growing by 2.2% compared with 2021. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 173% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses dropped to $1.5M in 2022. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 204% against the previous year. As a result, imports attained the peak of $1.6M, and then dropped in the following year.
Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 515 | 414 | 1,302 | 1,347 | 37.8% |
Poland | 115 | 20.6 | 218 | 106 | -2.7% |
Romania | N/A | N/A | N/A | 24.7 | 0% |
Bulgaria | N/A | 46.0 | 75.8 | N/A | 64.8% |
China | 20.1 | 41.5 | N/A | N/A | 106.5% |
Others | 115 | 11.5 | 26.2 | 38.4 | -30.6% |
Total | 766 | 534 | 1,622 | 1,516 | 25.6% |
Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Lithuania in 2022:
- Italy (489.0 units)
- Poland (50.0 units)
- Romania (20.0 units)
Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Lithuania
In 2022, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses from Lithuania dropped remarkably to 357 units, with a decrease of -35.1% compared with 2021 figures. Overall, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 162% against the previous year. As a result, the exports reached the peak of 550 units, and then contracted sharply in the following year.
In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses dropped markedly to $832K in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 210%. As a result, the exports attained the peak of $1.1M, and then contracted dramatically in the following year.
Export of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 307 | 225 | 900 | 696 | 31.4% |
Kazakhstan | 39.4 | 23.5 | 49.3 | 63.0 | 16.9% |
Latvia | 16.5 | N/A | N/A | 39.0 | 33.2% |
Estonia | 2.4 | N/A | N/A | 11.8 | 70.0% |
Georgia | N/A | N/A | N/A | 7.4 | 0% |
Belarus | 5.8 | 116 | 182 | N/A | 460.2% |
Others | 15.7 | N/A | N/A | 15.2 | -1.1% |
Total | 387 | 365 | 1,131 | 832 | 29.1% |
Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Lithuania in 2022:
- Russia (288.0 units)
- Kazakhstan (30.0 units)
- Georgia (18.0 units)
- Latvia (10.0 units)
- Estonia (6.0 units)
Global Automatic Goods-Vending Machine Market Report 2018. This report provides an in-depth analysis of the global automatic goods-vending machine market.
Global Automatic Goods-Vending Machine Market Report 2018. This report provides an in-depth analysis of the global automatic goods-vending machine market.
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