Lithuania: Special Vehicle Body Market 2025

Special Vehicle Body Market Size in Lithuania

The Lithuanian special vehicle body market contracted to $X in 2022, declining by X% against the previous year. Over the period under review, consumption showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Special Vehicle Body Production in Lithuania

In value terms, special vehicle body production shrank rapidly to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then shrank notably in the following year.

Special Vehicle Body Exports

Exports from Lithuania

Special vehicle body exports from Lithuania declined to X units in 2022, shrinking by X% against 2021 figures. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, special vehicle body exports surged to $X in 2022. In general, exports showed a noticeable decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), Kazakhstan (X units) and Belarus (X units) were the main destinations of special vehicle body exports from Lithuania, together comprising X% of total exports. Russia, the Netherlands, Uzbekistan, Kyrgyzstan, Turkmenistan, Egypt, Estonia, Sweden, the United Arab Emirates and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for bodies for special purpose motor vehicles exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Sweden (X% per year).

Export Prices by Country

The average special vehicle body export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price showed perceptible growth. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to the United Arab Emirates ($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 Turkmenistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Special Vehicle Body Imports

Imports into Lithuania

In 2022, the amount of bodies for special purpose motor vehicles imported into Lithuania shrank significantly to X units, with a decrease of X% compared with the previous year. Over the period under review, imports, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, special vehicle body imports dropped notably to $X in 2022. In general, imports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Poland (X units), the UK (X units) and Latvia (X units) were the main suppliers of special vehicle body imports to Lithuania, with a combined X% share of total imports. Russia, Turkey, Germany and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of bodies for special purpose motor vehicles to Lithuania, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and the UK (X% per year).

Import Prices by Country

The average special vehicle body import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average 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 Russia ($X per unit), while the price for Latvia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform