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Lithuania - Electrical Insulators of Ceramics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLithuania: Ceramic Electrical Insulator Market 2024
Ceramic Electrical Insulator Market Size in Lithuania
In 2023, after two years of decline, there was significant growth in the Lithuanian ceramic electrical insulator market, when its value increased by X% to $X. Overall, consumption recorded a strong expansion. As a result, consumption reached the peak level of $X. From 2016 to 2023, the growth of the market remained at a somewhat lower figure.
Ceramic Electrical Insulator Exports
Exports from Lithuania
For the fifth consecutive year, Lithuania recorded decline in shipments abroad of electrical insulators of ceramics, which decreased by X% to X units in 2023. In general, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2023, the exports failed to regain momentum.
In value terms, ceramic electrical insulator exports contracted rapidly to $X in 2023. Over the period under review, exports faced a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Russia (X units), Ukraine (X units) and Latvia (X units) were the main destinations of ceramic electrical insulator exports from Lithuania, together comprising X% of total exports.
From 2012 to 2023, the biggest increases were recorded for Latvia (with a CAGR of X%), while shipments for the other leaders experienced a decline.
In value terms, Russia ($X) remains the key foreign market for electrical insulators of ceramics exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports. It was followed by Ukraine, with an X% share.
From 2012 to 2023, the average annual growth rate of value to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Ukraine (X% per year).
Export Prices by Country
The average ceramic electrical insulator export price stood at $X per unit in 2023, waning by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2023, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Belarus ($X per unit), while the average price for exports to Latvia ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced a decline.
Ceramic Electrical Insulator Imports
Imports into Lithuania
After two years of decline, supplies from abroad of electrical insulators of ceramics increased by X% to X units in 2023. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.
In value terms, ceramic electrical insulator imports skyrocketed to $X in 2023. Overall, imports continue to indicate mild growth. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2023, the growth of imports remained at a lower figure.
Imports by Country
In 2023, Ukraine (X units) constituted the largest supplier of ceramic electrical insulator to Lithuania, accounting for a X% share of total imports. Moreover, ceramic electrical insulator imports from Ukraine exceeded the figures recorded by the second-largest supplier, Estonia (X units), threefold. Hungary (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from Ukraine totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (X% per year) and Hungary (X% per year).
In value terms, Ukraine ($X), China ($X) and Hungary ($X) were the largest ceramic electrical insulator suppliers to Lithuania, with a combined X% share of total imports.
Among the main suppliers, Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average ceramic electrical insulator import price stood at $X per unit in 2023, leveling off at the previous year. Over the period under review, the import price saw a noticeable slump. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the ceramic electrical insulator market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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