Lithuania - Machinery For Public Works And Building - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPublic Works Machinery Price in Lithuania - 2023
Contents:
- Public Works Machinery Price in Lithuania (CIF) - 2022
- Public Works Machinery Price in Lithuania (FOB) - 2022
- Public Works Machinery Imports in Lithuania
- Public Works Machinery Exports in Lithuania
Public Works Machinery Price in Lithuania (CIF) - 2022
In 2022, the average public works machinery import price amounted to $16,427 per unit, growing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2016 an increase of 41% against the previous year. The import price peaked at $17,018 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Sweden ($49,934 per unit), while the price for Norway ($2,476 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Public Works Machinery Price in Lithuania (FOB) - 2022
In 2022, the average public works machinery export price amounted to $13,548 per unit, increasing by 1.9% against the previous year. Over the period under review, the export price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 44%. Over the period under review, the average export prices attained the peak figure at $24,970 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($40,568 per unit), while the average price for exports to Austria ($76 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 Turkmenistan (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Public Works Machinery Imports in Lithuania
In 2022, after three years of growth, there was significant decline in supplies from abroad of machinery for public works and building, when their volume decreased by -17.9% to 563 units. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 68%. Over the period under review, imports attained the maximum at 686 units in 2021, and then plummeted in the following year.
In value terms, public works machinery imports shrank to $9.2M in 2022. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 121% against the previous year. Over the period under review, imports reached the peak figure at $9.9M in 2021, and then fell in the following year.
| Import of Public Works Machinery in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,306 | 3,924 | 6,266 | 4,452 | 50.5% |
| Sweden | 181 | 75.2 | 13.4 | 1,348 | 95.3% |
| Denmark | 382 | 508 | 553 | 679 | 21.1% |
| Italy | 474 | 652 | 845 | 405 | -5.1% |
| Czech Republic | 256 | 184 | 421 | 363 | 12.3% |
| Latvia | 37.5 | 1,232 | 21.1 | 355 | 111.5% |
| Estonia | 513 | 213 | 206 | 292 | -17.1% |
| Turkey | N/A | 9.3 | N/A | 177 | 336.3% |
| Poland | 143 | 491 | 92.0 | 161 | 4.0% |
| China | 35.1 | 65.7 | 106 | 161 | 66.2% |
| United Kingdom | 225 | 176 | 31.5 | 130 | -16.7% |
| Netherlands | 260 | 595 | 517 | 126 | -21.5% |
| Norway | N/A | 19.7 | 70.2 | 27.2 | 17.5% |
| Others | 601 | 1,607 | 726 | 572 | -1.6% |
| Total | 4,413 | 9,751 | 9,869 | 9,248 | 28.0% |
Top Suppliers of Public Works Machinery to Lithuania in 2022:
- Germany (237.0 units)
- Turkey (52.0 units)
- Italy (31.0 units)
- Estonia (29.0 units)
- China (29.0 units)
- Sweden (27.0 units)
- Latvia (25.0 units)
- Czech Republic (24.0 units)
- Poland (21.0 units)
- Denmark (18.0 units)
- United Kingdom (17.0 units)
- Netherlands (12.0 units)
- Norway (11.0 units)
Public Works Machinery Exports in Lithuania
After three years of growth, shipments abroad of machinery for public works and building decreased by -25.4% to 203 units in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 19%. Over the period under review, the exports reached the maximum at 272 units in 2021, and then shrank sharply in the following year.
In value terms, public works machinery exports declined notably to $2.8M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. As a result, the exports reached the peak of $3.6M, and then declined markedly in the following year.
| Export of Public Works Machinery in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,346 | 1,553 | 1,549 | 1,648 | 7.0% |
| Uzbekistan | 6.1 | 12.7 | 40.6 | 406 | 305.3% |
| United Kingdom | N/A | 104 | 5.0 | 136 | 14.4% |
| Kazakhstan | 111 | 223 | 231 | 105 | -1.8% |
| Estonia | 26.4 | 17.2 | 0.9 | 104 | 57.9% |
| Norway | 14.2 | 37.1 | 52.2 | 65.2 | 66.2% |
| Latvia | 353 | 678 | 458 | 57.7 | -45.3% |
| Romania | N/A | 15.5 | N/A | 37.3 | 55.1% |
| Kyrgyzstan | 14.6 | 8.4 | 0.4 | 32.6 | 30.7% |
| Nigeria | 22.2 | N/A | N/A | 8.1 | -28.5% |
| Netherlands | 133 | 254 | 0.3 | 3.0 | -71.7% |
| Austria | N/A | N/A | 1,028 | 0.1 | -100.0% |
| Malaysia | 140 | N/A | N/A | N/A | 0% |
| Others | 352 | 103 | 252 | 148 | -25.1% |
| Total | 2,519 | 3,006 | 3,617 | 2,750 | 3.0% |
Top Export Markets for Public Works Machinery from Lithuania in 2022:
- Russia (55.0 units)
- Estonia (54.0 units)
- United Kingdom (19.0 units)
- Kazakhstan (13.0 units)
- Uzbekistan (10.0 units)
- Norway (8.0 units)
- Kyrgyzstan (6.0 units)
- Nigeria (6.0 units)
- Romania (5.0 units)
- Latvia (5.0 units)
- Netherlands (1.0 units)
- Austria (1.0 units)
This report provides an in-depth analysis of the public works machinery 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 28923090 - Machinery for public works, building..., having individual functions
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
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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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