Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Lithuania - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Lithuania (CIF) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Lithuania (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Lithuania
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Lithuania
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Lithuania (CIF) - 2023
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $137 per unit in December 2023, shrinking by -21.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 57% against the previous month. As a result, import price attained the peak level of $218 per unit. From April 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($684 per unit), while the price for China ($44.4 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Lithuania (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $141 per unit, shrinking by -20.2% against the previous year. In general, the export price saw a abrupt downturn. The growth pace was the most rapid in 2019 an increase of 14%. Over the period under review, the average export prices reached the peak figure at $293 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($549 per unit), while the average price for exports to Mongolia ($29 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 Germany (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Lithuania
In 2022, supplies from abroad of tools; for working in the hand, pneumatic, other than rotary type decreased by -36.6% to 18K units for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a slight contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of 28K units, and then fell dramatically in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type dropped remarkably to $2.7M in 2022. Overall, imports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 62%. As a result, imports reached the peak of $4.5M, and then contracted dramatically in the following year.
Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Poland | 771 | 720 | 619 | -10.4% | |
Netherlands | 853 | 1,149 | 331 | -37.7% | |
Czech Republic | 0.9 | 716 | 324 | 1797.4% | |
Germany | 215 | 167 | 237 | 5.0% | |
Estonia | 124 | 172 | 213 | 31.1% | |
Italy | 180 | 319 | 185 | 1.4% | |
China | 103 | 114 | 148 | 19.9% | |
Others | 525 | 1,123 | 683 | 14.1% | |
Total | 2,771 | 4,481 | 2,740 | -0.6% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Lithuania in 2022:
- Poland (5.5K units)
- China (2.6K units)
- Czech Republic (2.5K units)
- Germany (1.8K units)
- Italy (1.3K units)
- Netherlands (1.1K units)
- Estonia (1.0K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Lithuania
In 2022, shipments abroad of tools; for working in the hand, pneumatic, other than rotary type decreased by -28.4% to 9.1K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 339%. As a result, the exports reached the peak of 13K units, and then contracted markedly in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type shrank notably to $1.3M in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 165% against the previous year. As a result, the exports attained the peak of $2.2M, and then reduced remarkably in the following year.
Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 20.0 | 7.3 | 1,107 | 516 | 195.5% |
Latvia | 124 | 218 | 284 | 305 | 35.0% |
Estonia | 31.7 | 37.3 | 37.7 | 85.5 | 39.2% |
Russia | 186 | 265 | 255 | 66.4 | -29.1% |
Germany | 27.8 | 22.8 | 170 | 53.1 | 24.1% |
Kazakhstan | 46.5 | 36.7 | 68.1 | 44.5 | -1.5% |
Mongolia | N/A | N/A | N/A | 18.7 | 0% |
Belarus | 79.3 | 65.7 | 108 | 10.9 | -48.4% |
Others | 79.2 | 193 | 209 | 179 | 31.2% |
Total | 595 | 846 | 2,238 | 1,279 | 29.1% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Lithuania in 2022:
- France (3.8K units)
- Latvia (3.0K units)
- Estonia (0.7K units)
- Mongolia (0.7K units)
- Kazakhstan (0.2K units)
- Germany (0.1K units)
- Russia (0.1K units)
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