Lithuania: Concrete-Mixer Lorry Market 2025

Concrete-Mixer Lorry Market Size in Lithuania

In 2022, the Lithuanian concrete-mixer lorry market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, recorded a pronounced decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Concrete-Mixer Lorry Production in Lithuania

In value terms, concrete-mixer lorry production stood at less than $X in 2022 estimated in export price. Over the period under review, production, however, saw a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 432% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Concrete-Mixer Lorry Exports

Exports from Lithuania

In 2022, after three years of growth, there was significant decline in shipments abroad of concrete-mixer lorries, when their volume decreased by -29.4% to X units. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 120% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, concrete-mixer lorry exports surged to $X in 2022. In general, exports saw a deep downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 85% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units), Poland (X units) and Kazakhstan (X units) were the main destinations of concrete-mixer lorry exports from Lithuania, with a combined 58% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +21.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Belarus ($X) were the largest markets for concrete-mixer lorry exported from Lithuania worldwide, together comprising 58% of total exports. Belgium, Kazakhstan, Egypt, Romania, Bulgaria, Latvia, Estonia and Spain lagged somewhat behind, together comprising a further 42%.

In terms of the main countries of destination, Latvia, with a CAGR of +553.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average concrete-mixer lorry export price amounted to $X per unit, surging by 65% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 67% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per unit), while the average price for exports to Spain ($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 Latvia (+553.9%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete-Mixer Lorry Imports

Imports into Lithuania

In 2022, the amount of concrete-mixer lorries imported into Lithuania skyrocketed to X units, jumping by 100% on 2021. Overall, imports showed a moderate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, concrete-mixer lorry imports soared to $X in 2022. In general, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 384%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

France (X units), Germany (X units) and Latvia (X units) were the main suppliers of concrete-mixer lorry imports to Lithuania, together accounting for 70% of total imports. Sweden, Norway, Estonia, Hungary, Poland, Finland and Ireland lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +100.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of concrete-mixer lorries to Lithuania, comprising 59% of total imports. The second position in the ranking was taken by Norway ($X), with an 11% share of total imports. It was followed by Sweden, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+6.1% per year) and Sweden (+195.8% per year).

Import Prices by Country

The average concrete-mixer lorry import price stood at $X per unit in 2022, reducing by -21.8% against the previous year. Overall, the import price, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 142% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Germany ($X per unit), while the price for Latvia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+47.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform