Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Lithuania - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Lithuania (FOB) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Lithuania (CIF) - 2022
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Lithuania
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Lithuania
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Lithuania (FOB) - 2022
The average export price for turbo-jets, turbo-propellers and other gas turbineses stood at $996 thousand per unit in 2022, rising by 376% against the previous year. In general, the export price enjoyed strong growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 492%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2.7 million per unit), while the average price for exports to Serbia ($1 thousand 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 Saudi Arabia (+2,383.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Lithuania (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $1.1 million per unit, increasing by 62% against the previous year. In general, the import price posted a strong increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 227% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($2.3 million per unit), while the price for Austria ($102 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+131.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Lithuania
In 2022, the amount of turbo-jets, turbo-propellers and other gas turbineses exported from Lithuania fell notably to 71 units, with a decrease of -18.4% on 2021. Over the period under review, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 123% against the previous year. Over the period under review, the exports of reached the maximum at 93 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $71M in 2022. In general, exports, however, enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 1.2 | 15.5 | 1191.7% |
| United Kingdom | N/A | N/A | 7.0 | 12.4 | 77.1% |
| United Arab Emirates | N/A | N/A | N/A | 8.0 | 0% |
| United States | 0.6 | 0.9 | 4.3 | 8.0 | 137.1% |
| Turkey | N/A | N/A | N/A | 6.4 | 0% |
| Ukraine | 0.1 | 0.1 | 0.1 | 4.1 | 244.8% |
| Norway | N/A | 2.7 | 0.2 | 3.9 | 20.2% |
| Saudi Arabia | N/A | N/A | 0.1 | 3.7 | 3600.0% |
| Russia | 1.6 | 1.1 | 4.4 | 0.1 | -60.3% |
| Kazakhstan | 2.0 | N/A | N/A | N/A | 0% |
| Serbia | 0.8 | 0.1 | N/A | N/A | -87.5% |
| Singapore | N/A | 11.1 | 0.1 | N/A | -99.1% |
| Australia | 0.7 | N/A | N/A | N/A | 0% |
| Others | 1.2 | 1.2 | 0.8 | 8.6 | 92.8% |
| Total | 7.0 | 17.3 | 18.2 | 70.7 | 116.2% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Lithuania in 2022:
- Ukraine (13.0 units)
- United Kingdom (13.0 units)
- United States (7.0 units)
- Switzerland (6.0 units)
- Turkey (4.0 units)
- Norway (4.0 units)
- United Arab Emirates (3.0 units)
- Saudi Arabia (2.0 units)
- Singapore (1.0 units)
- Serbia (1.0 units)
- Kazakhstan (1.0 units)
- Russia (1.0 units)
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Lithuania
In 2022, approx. 58 units of turbo-jets, turbo-propellers and other gas turbineses were imported into Lithuania; which is down by -14.7% on 2021. In general, imports recorded a slight reduction. The pace of growth appeared the most rapid in 2021 with an increase of 89%. As a result, imports reached the peak of 68 units, and then shrank in the following year.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses soared to $63M in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 153%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.6 | 14.7 | 32.9 | 52.0 | 36.2% |
| Switzerland | N/A | N/A | 1.3 | 4.6 | 253.8% |
| Ukraine | 0.6 | 1.1 | 0.4 | 3.9 | 86.6% |
| Mexico | N/A | N/A | N/A | 1.0 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 1.0 | 0% |
| Czech Republic | N/A | N/A | 0.3 | 0.1 | -66.7% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| Belgium | N/A | 0.1 | N/A | N/A | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Austria | N/A | N/A | N/A | N/A | 0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Germany | 3.8 | 0.2 | 4.1 | N/A | 3.9% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 4.0 | 2.1 | 6.9 | 0.7 | -44.1% |
| Total | 29.0 | 18.2 | 46.0 | 63.4 | 29.8% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Lithuania in 2022:
- United States (29.0 units)
- Ukraine (2.0 units)
- Mexico (2.0 units)
- United Arab Emirates (2.0 units)
- Switzerland (2.0 units)
- Canada (1.0 units)
- Czech Republic (1.0 units)
- India (1.0 units)
- Austria (1.0 units)
- China (1.0 units)
- Belgium (1.0 units)
- Japan (1.0 units)
- Germany (1.0 units)
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