Lithuania: Air Conditioning Machine Market 2020

Air Conditioning Machine Market Size in Lithuania

The revenue of the air conditioning machine market in Lithuania amounted to $X in 2018, picking up by X% against the previous year. In general, air conditioning machine consumption continues to indicate a strong expansion. The growth pace was the most rapid in 2014 when the market value increased by X% against the previous year. Lithuania air conditioning machine consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Air Conditioning Machine Production in Lithuania

In value terms, air conditioning machine production totaled $X in 2018 estimated in export prices. In general, air conditioning machine production continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2010 when production volume increased by X% against the previous year. Over the period under review, air conditioning machine production attained its peak figure level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Air Conditioning Machine Exports

Exports from Lithuania

In 2018, the amount of air conditioning machines exported from Lithuania totaled X units, picking up by X% against the previous year. Over the period under review, air conditioning machine exports, however, continue to indicate a mild deduction. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. In that year, air conditioning machine exports reached their peak of X units. From 2012 to 2018, the growth of air conditioning machine exports remained at a lower figure.

In value terms, air conditioning machine exports totaled $X in 2018. In general, air conditioning machine exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. In that year, air conditioning machine exports attained their peak of $X. From 2012 to 2018, the growth of air conditioning machine exports remained at a somewhat lower figure.

Exports by Country

China was the key exporter of air conditioning machines in the world, with the volume of exports resulting at X units, which was near X% of total exports in 2018. Thailand (X units) ranks second in terms of the total exports with a X% share, followed by Italy (X%). Malaysia (X units), Mexico (X units), South Korea (X units), Oman (X units), the U.S. (X units) and China, Hong Kong SAR (X units) held a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Oman, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by South Korea, the U.S., Mexico, Italy, China, Hong Kong SAR, Lithuania and Oman, which together accounted for a further X, Hong Kong SAR experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the air conditioning machine export price in Lithuania amounted to $X per unit, shrinking by -X% against the previous year. Overall, the export price indicated a resilient increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, air conditioning machine export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 an increase of X% against the previous year. In that year, the export prices for air conditioning machines attained their peak level of $X per unit, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Malaysia ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports into Lithuania

Air conditioning machine imports into Lithuania totaled X units in 2018, jumping by X% against the previous year. Over the period under review, air conditioning machine imports continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Lithuania imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, air conditioning machine imports totaled $X in 2018. In general, air conditioning machine imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Lithuania imports peaked in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, the U.S. (X units), followed by Japan (X units) and Cambodia (X units) were the major importers of air conditioning machines, together making up X% of total imports. Mexico (X units), Saudi Arabia (X units), India (X units), Vietnam (X units), the United Arab Emirates (X units), Spain (X units), Russia (X units), France (X units) and China, Hong Kong SAR (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Cambodia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. Vietnam, France, India, Mexico, Spain, Russia, China, Hong Kong SAR, the United Arab Emirates, Cambodia and Lithuania lagged somewhat behind, together accounting for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The air conditioning machine import price in Lithuania stood at $X per unit in 2018, going down by -X% against the previous year. Over the period under review, the air conditioning machine import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. Over the period under review, the import prices for air conditioning machines reached their peak figure at $X per unit in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform