Price for Milking Machines and Dairy Machinery in Lithuania - 2023
Contents:
- Price for Milking Machines and Dairy Machinery in Lithuania (CIF) - 2022
- Price for Milking Machines and Dairy Machinery in Lithuania (FOB) - 2023
- Imports of Milking Machines and Dairy Machinery in Lithuania
- Exports of Milking Machines and Dairy Machinery in Lithuania
Price for Milking Machines and Dairy Machinery in Lithuania (CIF) - 2022
In 2022, the average import price for milking machines and dairy machineries amounted to $4,444 per unit, falling by -2.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 48%. The import price peaked at $4,747 per unit in 2014; however, from 2015 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 Denmark ($7,766 per unit), while the price for Poland ($3,533 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 (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in Lithuania (FOB) - 2023
In September 2023, the average export price for milking machines and dairy machineries amounted to $11,951 per unit, rising by 45% against the previous month. Overall, export price indicated a strong expansion from September 2022 to September 2023: its price increased at an average monthly rate of +6.5% 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, milking machines and dairy machinery export price increased by +135.4% against June 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 113% m-o-m. Over the period under review, the average export prices attained the maximum in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($18,137 per unit), while the average price for exports to Kazakhstan ($336 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Milking Machines and Dairy Machinery in Lithuania
In 2022, approx. 4.5K units of milking machines and dairy machineries were imported into Lithuania; with an increase of 25% on 2021. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, milking machines and dairy machinery imports soared to $20M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Milking Machines and Dairy Machinery in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.0 | 1.4 | 3.0 | 6.3 | 46.6% |
| France | 0.4 | 1.7 | 1.1 | 3.3 | 102.1% |
| Germany | 1.0 | 1.2 | 1.3 | 2.9 | 42.6% |
| Italy | 3.1 | 3.1 | 3.7 | 2.8 | -3.3% |
| Netherlands | 1.9 | 2.4 | 1.4 | 1.7 | -3.6% |
| Czech Republic | 0.2 | 0.2 | N/A | 0.6 | 44.2% |
| Ireland | 0.4 | 0.1 | 0.3 | 0.6 | 14.5% |
| Denmark | 1.4 | 1.6 | 2.3 | 0.5 | -29.1% |
| Greece | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
| Others | 1.4 | 1.6 | 2.9 | 0.9 | -13.7% |
| Total | 12.0 | 13.4 | 16.2 | 19.8 | 18.2% |
Top Suppliers of Milking Machines and Dairy Machinery to Lithuania in 2022:
- Poland (1794.0 units)
- Italy (706.0 units)
- Germany (686.0 units)
- France (473.0 units)
- Netherlands (251.0 units)
- Ireland (168.0 units)
- Czech Republic (93.0 units)
- Denmark (70.0 units)
- Greece (5.0 units)
Exports of Milking Machines and Dairy Machinery in Lithuania
In 2022, after two years of decline, there was significant growth in shipments abroad of milking machines and dairy machineries, when their volume increased by 45% to 2.8K units. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, milking machines and dairy machinery exports surged to $12M in 2022. In general, exports, however, continue to indicate a pronounced descent. Over the period under review, the exports attained the peak figure at $13M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Milking Machines and Dairy Machinery in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 7.0 | 8.2 | 7.5 | 5.4 | -8.3% |
| Belarus | 0.7 | 0.7 | 1.0 | 4.1 | 80.3% |
| Kazakhstan | 0.3 | 0.2 | 0.3 | 1.1 | 54.2% |
| Georgia | N/A | N/A | N/A | 0.2 | 0% |
| Switzerland | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Turkey | N/A | N/A | N/A | 0.1 | 0% |
| Kyrgyzstan | 0.5 | N/A | N/A | 0.1 | -41.5% |
| Netherlands | 2.5 | 0.1 | N/A | N/A | -96.0% |
| Others | 1.6 | 0.8 | 0.7 | 0.7 | -24.1% |
| Total | 12.7 | 10.0 | 9.6 | 11.8 | -2.4% |
Top Export Markets for Milking Machines and Dairy Machinery from Lithuania in 2022:
- Belarus (924.0 units)
- Russia (864.0 units)
- Turkey (277.0 units)
- Kazakhstan (250.0 units)
- Switzerland (163.0 units)
- Georgia (79.0 units)
- Kyrgyzstan (23.0 units)
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This report provides an in-depth analysis of the milking machine market in Lithuania.
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This report provides an in-depth analysis of the dairy machinery market in Lithuania.
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This report provides an in-depth analysis of the global milking machine market.
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This report provides an in-depth analysis of the global dairy machinery market.
355
This report provides an in-depth analysis of the milking machine market in Lithuania.
153
This report provides an in-depth analysis of the dairy machinery market in Lithuania.
1254
This report provides an in-depth analysis of the global milking machine market.
614
This report provides an in-depth analysis of the global dairy machinery market.
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