Rangefinders Price in Lithuania - 2023

Contents:

  1. Rangefinders Price in Lithuania (CIF) - 2022
  2. Rangefinders Price in Lithuania (FOB) - 2022
  3. Rangefinders Imports in Lithuania
  4. Rangefinders Exports in Lithuania

Rangefinders Price in Lithuania (CIF) - 2022

In 2022, the average rangefinders import price amounted to $28 per unit, waning by -4.3% against the previous year. Over the last two-year period, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2021 when the average import price increased by 12%. As a result, import price reached the peak level of $29 per unit, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($44 per unit), while the price for the Netherlands ($3 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+154.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Rangefinders Price in Lithuania (FOB) - 2022

The average rangefinders export price stood at $99 per unit in 2022, reducing by -61.8% against the previous year. Over the period under review, the export price showed a sharp descent. The growth pace was the most rapid in 2021 a decrease of -44.3%. Over the period under review, the average export prices attained the peak figure at $464 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($517 per unit), while the average price for exports to Russia ($79 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+29.8%), while the prices for the other major destinations experienced mixed trend patterns.

Rangefinders Imports in Lithuania

In 2022, rangefinders imports into Lithuania skyrocketed to 23K units, increasing by 26% compared with the previous year. Over the period under review, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, rangefinders imports surged to $657K in 2022. The total import value increased at an average annual rate of +15.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 29%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Rangefinders in Lithuania (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Latvia11814218324.5%
Germany87.717017240.0%
China24.224.157.053.5%
Estonia36.554.140.55.3%
Poland43.946.026.8-21.9%
Austria9.110.822.456.9%
Netherlands14.322.621.021.2%
Slovakia106N/AN/A0%
Others11575.11347.9%
Total5555466578.8%

Top Suppliers of Rangefinders to Lithuania in 2022:

  1. Netherlands (7.0K units)
  2. Germany (6.1K units)
  3. Latvia (5.6K units)
  4. China (1.6K units)
  5. Estonia (1.0K units)
  6. Poland (1.0K units)
  7. Austria (0.5K units)

Rangefinders Exports in Lithuania

In 2022, the amount of rangefinderses exported from Lithuania skyrocketed to 1.4K units, growing by 85% compared with the previous year. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, rangefinders exports contracted remarkably to $134K in 2022. Overall, exports, however, recorded a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $363K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Rangefinders in Lithuania (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
KyrgyzstanN/A0.670.011566.7%
Armenia106N/A21.7-54.8%
Estonia5.42.610.841.4%
Latvia5.710.99.126.4%
Switzerland3.2N/A6.946.8%
Finland1.10.13.475.8%
Russia14769.22.1-88.0%
Sweden52.372.8N/A39.2%
Others43.133.210.2-51.4%
Total363189134-39.2%

Top Export Markets for Rangefinders from Lithuania in 2022:

  1. Kyrgyzstan (845.0 units)
  2. Estonia (131.0 units)
  3. Latvia (108.0 units)
  4. Switzerland (78.0 units)
  5. Finland (42.0 units)
  6. Armenia (42.0 units)
  7. Russia (27.0 units)

Source: IndexBox Market Intelligence Platform

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