Lithuania - Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Continuous-Action Elevators and Conveyors in Lithuania - 2023
Contents:
- Price for Continuous-Action Elevators and Conveyors in Lithuania (FOB) - 2023
- Price for Continuous-Action Elevators and Conveyors in Lithuania (CIF) - 2022
- Exports of Continuous-Action Elevators and Conveyors in Lithuania
- Imports of Continuous-Action Elevators and Conveyors in Lithuania
Price for Continuous-Action Elevators and Conveyors in Lithuania (FOB) - 2023
The average continuous-action elevators and conveyors export price stood at $18,000 per unit in September 2023, reducing by -26.7% against the previous month. Over the period under review, the export price, however, continues to indicate noticeable growth. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 259% m-o-m. Over the period under review, the average export prices attained the peak figure at $28,839 per unit in June 2023; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Latvia ($54,955 per unit), while the average price for exports to Germany ($11,764 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Continuous-Action Elevators and Conveyors in Lithuania (CIF) - 2022
The average continuous-action elevators and conveyors import price stood at $53,004 per unit in 2022, falling by -24.7% against the previous year. Over the period under review, the import price faced a deep setback. The growth pace was the most rapid in 2018 an increase of 22%. Over the period under review, average import prices attained the maximum at $190,088 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($251,629 per unit), while the price for Austria ($8,231 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Continuous-Action Elevators and Conveyors in Lithuania
In 2022, overseas shipments of continuous-action elevators and conveyors decreased by -26.8% to 1.7K units, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 82%. As a result, the exports reached the peak of 2.6K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, continuous-action elevators and conveyors exports fell notably to $25M in 2022. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2020 when exports increased by 53%. As a result, the exports reached the peak of $48M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Continuous-Action Elevators and Conveyors in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 0.1 | 0.2 | N/A | 5.6 | 282.6% |
| Russia | 13.6 | 33.7 | 16.4 | 5.1 | -27.9% |
| Latvia | 2.6 | 1.3 | 2.0 | 3.9 | 14.5% |
| Poland | 0.2 | N/A | 1.0 | 2.1 | 119.0% |
| Norway | 1.4 | 1.9 | 1.6 | 1.0 | -10.6% |
| Finland | 0.2 | 3.1 | 1.1 | 0.9 | 65.1% |
| Kazakhstan | 1.2 | 2.0 | 1.1 | 0.7 | -16.4% |
| United Arab Emirates | N/A | N/A | N/A | 0.4 | 0% |
| Slovenia | N/A | N/A | N/A | 0.3 | 0% |
| Germany | 1.3 | 0.4 | N/A | 0.3 | -38.7% |
| Slovakia | N/A | N/A | N/A | N/A | 0% |
| Belarus | 4.8 | 1.2 | 1.3 | N/A | -48.0% |
| Others | 6.0 | 4.3 | 7.4 | 4.3 | -10.5% |
| Total | 31.4 | 48.1 | 31.9 | 24.5 | -7.9% |
Top Export Markets for Continuous-Action Elevators and Conveyors from Lithuania in 2022:
- Russia (376.0 units)
- Ukraine (347.0 units)
- Latvia (334.0 units)
- Poland (155.0 units)
- Kazakhstan (59.0 units)
- Finland (43.0 units)
- Norway (38.0 units)
- Germany (29.0 units)
- Slovenia (27.0 units)
- United Arab Emirates (26.0 units)
- Slovakia (26.0 units)
- Belarus (3.0 units)
Imports of Continuous-Action Elevators and Conveyors in Lithuania
In 2022, the amount of continuous-action elevators and conveyors imported into Lithuania expanded slightly to 422 units, picking up by 2.4% on the previous year. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, continuous-action elevators and conveyors imports shrank significantly to $22M in 2022. Over the period under review, imports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 7.2% against the previous year. As a result, imports reached the peak of $33M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Continuous-Action Elevators and Conveyors in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.5 | 2.9 | 2.1 | 4.9 | 48.4% |
| Germany | 4.5 | 12.1 | 9.2 | 3.9 | -4.7% |
| Denmark | 2.3 | 2.1 | 4.4 | 2.8 | 6.8% |
| France | 1.5 | 1.0 | 0.5 | 2.4 | 17.0% |
| Latvia | 2.3 | 0.6 | 1.5 | 1.5 | -13.3% |
| Finland | 0.8 | 0.1 | 0.1 | 0.9 | 4.0% |
| China | 0.2 | 0.7 | 0.5 | 0.5 | 35.7% |
| Netherlands | 3.0 | 3.4 | 2.5 | 0.4 | -48.9% |
| Austria | 0.8 | 0.8 | 0.3 | 0.3 | -27.9% |
| Sweden | 2.5 | 0.3 | 1.4 | 0.3 | -50.7% |
| Spain | 0.6 | 1.3 | 0.1 | 0.3 | -20.6% |
| Russia | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Norway | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 10.3 | 7.4 | 6.4 | 3.9 | -27.7% |
| Total | 30.4 | 32.6 | 29.0 | 22.4 | -9.7% |
Top Suppliers of Continuous-Action Elevators and Conveyors to Lithuania in 2022:
- Latvia (75.0 units)
- Poland (60.0 units)
- China (57.0 units)
- Finland (45.0 units)
- Austria (33.0 units)
- France (22.0 units)
- Germany (21.0 units)
- Russia (16.0 units)
- Netherlands (11.0 units)
- Denmark (11.0 units)
- Norway (11.0 units)
- Spain (10.0 units)
- Sweden (9.0 units)
This report provides an in-depth analysis of the market for continuous-action elevators and conveyors 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 28221740 - Pneumatic elevators and conveyors
- Prodcom 28221750 - Bucket type continuous-action elevators and conveyors for goods or materials
- Prodcom 28221770 - Belt type continuous-action elevators and conveyors for goods or materials
- Prodcom 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
- Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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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