Lithuania - Amplifiers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLithuania: Amplifier Market 2024
Amplifier Market Size in Lithuania
The Lithuanian amplifier market expanded remarkably to $X in 2022, growing by 9.8% against the previous year. Over the period under review, consumption, however, recorded a perceptible setback. Amplifier consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
Amplifier Production in Lithuania
In value terms, amplifier production rose rapidly to $X in 2022 estimated in export price. In general, production, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 33% against the previous year. Amplifier production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.
Amplifier Exports
Exports from Lithuania
In 2022, overseas shipments of amplifiers increased by 12% to X units, rising for the sixth year in a row after three years of decline. Over the period under review, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 175% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.
In value terms, amplifier exports dropped to $X in 2022. In general, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 76% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
Armenia (X units), Poland (X units) and Hong Kong SAR (X units) were the main destinations of amplifier exports from Lithuania, together accounting for 32% of total exports.
From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +189.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Kyrgyzstan ($X), Kazakhstan ($X) and Norway ($X) were the largest markets for amplifier exported from Lithuania worldwide, with a combined 38% share of total exports. Russia, Hong Kong SAR, Poland, Turkey, Belarus, Latvia, Armenia, Switzerland, Estonia and Cambodia lagged somewhat behind, together accounting for a further 42%.
Hong Kong SAR, with a CAGR of +236.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average amplifier export price stood at $X per unit in 2022, falling by -11% against the previous year. Overall, the export price, however, saw temperate growth. The pace of growth was the most pronounced in 2018 an increase of 51%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Cambodia ($X 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 Hong Kong SAR (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.
Amplifier Imports
Imports into Lithuania
In 2022, the amount of amplifiers imported into Lithuania soared to X units, rising by 15% compared with 2021. Over the period under review, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 71% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, amplifier imports expanded rapidly to $X in 2022. In general, imports posted a strong increase. The growth pace was the most rapid in 2013 with an increase of 123%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Imports by Country
Germany (X units), China (X units) and Poland (X units) were the main suppliers of amplifier imports to Lithuania, together accounting for 66% of total imports. Latvia, Sweden, Belgium, the Netherlands, Estonia, the UK, Finland and Italy lagged somewhat behind, together comprising a further 26%.
From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +40.7%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X) constituted the largest supplier of amplifiers to Lithuania, comprising 30% of total imports. The second position in the ranking was held by Latvia ($X), with an 11% share of total imports. It was followed by China, with a 9.6% share.
From 2012 to 2022, the average annual growth rate of value from Germany totaled +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+42.5% per year) and China (+12.8% per year).
Import Prices by Country
In 2022, the average amplifier import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, amplifier import price decreased by -24.6% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 44% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), 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 amplifier 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 26404355 - Telephonic and measurement amplifiers (excluding high or intermediate frequency amplifiers)
- Prodcom 26404359 - Audio-frequency electric amplifiers (including hi-fi amplifiers) (excluding high or intermediate frequency amplifiers, t elephonic and measurement amplifiers)
- Prodcom 26404370 - Electric sound amplifier sets (including public address systems with microphone and speaker)
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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