Lithuania: Market for Dentist And Barber Chairs 2024

Market Size for Dentist And Barber Chairs in Lithuania

The Lithuanian dentist or barber chair market shrank to $X in 2022, falling by -8.7% against the previous year. The market value increased at an average annual rate of +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Dentist And Barber Chairs in Lithuania

In value terms, dentist or barber chair production declined modestly to $X in 2022 estimated in export price. In general, production, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 323%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Dentist And Barber Chairs

Exports from Lithuania

Dentist or barber chair exports from Lithuania declined rapidly to X units in 2022, dropping by -59.8% against 2021 figures. Over the period under review, exports saw a slight reduction. The growth pace was the most rapid in 2021 with an increase of 82%. As a result, the exports reached the peak of X units, and then declined rapidly in the following year.

In value terms, dentist or barber chair exports dropped remarkably to $X in 2022. Overall, exports, however, saw a slight increase. The growth pace was the most rapid in 2021 with an increase of 213%. As a result, the exports attained the peak of $X, and then reduced markedly in the following year.

Exports by Country

Russia (X units), Kazakhstan (X units) and Armenia (X units) were the main destinations of dentist or barber chair exports from Lithuania, with a combined 89% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of +90.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dentist or barber chair exported from Lithuania were Russia ($X), Kazakhstan ($X) and Armenia ($X), together comprising 91% of total exports.

Among the main countries of destination, Kazakhstan, with a CAGR of +93.8%, 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

The average dentist or barber chair export price stood at $X per unit in 2022, which is down by -17.3% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dentist or barber chair export price increased by +42.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 72%. As a result, the export price attained the peak level of $X per unit, and then plummeted in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Ireland ($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 Ireland (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dentist And Barber Chairs

Imports into Lithuania

In 2022, after three years of growth, there was significant decline in purchases abroad of dentist and barber chairs, when their volume decreased by -46.1% to X units. Overall, imports, however, showed tangible growth. The most prominent rate of growth was recorded in 2019 with an increase of 115%. Imports peaked at X units in 2021, and then shrank significantly in the following year.

In value terms, dentist or barber chair imports shrank sharply to $X in 2022. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by 225%. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped notably in the following year.

Imports by Country

Poland (X units), Italy (X units) and Germany (X units) were the main suppliers of dentist or barber chair imports to Lithuania, with a combined 52% share of total imports. Turkey, Japan, China, the Czech Republic and the United States lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +62.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Italy ($X) were the largest dentist or barber chair suppliers to Lithuania, with a combined 55% share of total imports. Poland, the Czech Republic, Japan, Turkey and China lagged somewhat behind, together accounting for a further 34%.

The Czech Republic, with a CAGR of +58.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dentist or barber chair import price stood at $X per unit in 2022, declining by -26.3% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dentist or barber chair import price increased by +24.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 69%. As a result, import price attained the peak level of $X per unit, and then declined notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform