Price for Mower for Lawns, Parks or Sports Grounds in Lithuania - 2024

Contents:

  1. Price for Mower for Lawns, Parks or Sports Grounds in Lithuania (CIF) - 2024
  2. Price for Mower for Lawns, Parks or Sports Grounds in Lithuania (FOB) - 2024
  3. Imports of Mower for Lawns, Parks or Sports Grounds in Lithuania
  4. Exports of Mower for Lawns, Parks or Sports Grounds in Lithuania

Price for Mower for Lawns, Parks or Sports Grounds in Lithuania (CIF) - 2024

The average import price for mowers for lawns, parks or sports grounds stood at $828 per unit in July 2023, jumping by 46% against the previous month. Over the period under review, import price indicated resilient growth from January 2023 to July 2023: its price increased at an average monthly rate of +7.0% over the last six-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, import price for mowers for lawns, parks or sports grounds increased by +46.4% against June 2023 indices. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 86% m-o-m. The import price peaked in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($2,272 per unit), while the price for the United States ($241 per unit) was amongst the lowest.

From January 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mower for Lawns, Parks or Sports Grounds in Lithuania (FOB) - 2024

The average export price for mowers for lawns, parks or sports grounds stood at $330 per unit in July 2023, falling by -18.8% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 15% month-to-month. The export price peaked at $443 per unit in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Poland ($2,288 per unit), while the average price for exports to Finland ($516 per unit) was amongst the lowest.

From January 2023 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+45.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mower for Lawns, Parks or Sports Grounds in Lithuania

In 2022, supplies from abroad of mowers for lawns, parks or sports grounds decreased by -9% to 93K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports reached the peak of 103K units, and then declined in the following year.

In value terms, imports of mowers for lawns, parks or sports grounds rose sharply to $42M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 89%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Mower for Lawns, Parks or Sports Grounds in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden3.94.77.47.423.8%
China1.82.56.07.359.5%
Austria2.12.75.96.747.2%
Estonia2.53.05.45.832.4%
Italy1.82.13.63.727.1%
Latvia1.31.72.62.727.6%
Germany0.80.71.81.728.6%
Poland0.20.41.31.176.5%
Others2.22.64.25.535.7%
Total16.620.338.341.836.0%

Top Suppliers of Mower for Lawns, Parks or Sports Grounds to Lithuania in 2022:

  1. China (24.8K units)
  2. Estonia (16.2K units)
  3. Austria (10.2K units)
  4. Latvia (9.5K units)
  5. Italy (8.2K units)
  6. Sweden (8.2K units)
  7. Germany (5.5K units)
  8. Poland (2.4K units)

Exports of Mower for Lawns, Parks or Sports Grounds in Lithuania

In 2022, approx. 9.6K units of mowers for lawns, parks or sports grounds were exported from Lithuania; surging by 2.1% compared with the previous year. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 126% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of mowers for lawns, parks or sports grounds reached $3.4M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Mower for Lawns, Parks or Sports Grounds in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia7461,3592,0212,01939.4%
Estonia57.0243540520109.0%
Belarus238123279215-3.3%
France4.411135.1165234.7%
Finland8.93.616.3137148.8%
Germany4.126.029.969.3156.6%
Denmark12.914.530.047.654.5%
Russia69253535823.2-67.8%
Others90.522056.622435.3%
Total1,8542,6353,3653,42022.6%

Top Export Markets for Mower for Lawns, Parks or Sports Grounds from Lithuania in 2022:

  1. Latvia (4.9K units)
  2. Estonia (2.1K units)
  3. France (0.6K units)
  4. Belarus (0.5K units)
  5. Finland (0.5K units)
  6. Denmark (0.3K units)
  7. Germany (0.2K units)

Source: IndexBox Market Intelligence Platform

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