Lithuania: Fire Protection Market 2020

Fire Protection Market Size in Lithuania

The revenue of the fire protection market in Lithuania amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, the total market indicated significant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fire protection consumption increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the fire protection market attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Fire Protection Production in Lithuania

In value terms, fire protection production amounted to $X in 2018 estimated in export prices. Over the period under review, fire protection production, however, continues to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2010 when production volume increased by X% year-to-year. Lithuania fire protection production peaked in 2018 and is expected to retain its growth in the immediate term.

Fire Protection Exports

Exports from Lithuania

In 2018, approx. X units of electric burglar or fire alarms and similar apparatus were exported from Lithuania; reducing by -X% against the previous year. Over the period under review, fire protection exports, however, continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Lithuania exports peaked at X units in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, fire protection exports stood at $X in 2018. Over the period under review, fire protection exports, however, continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Lithuania exports peaked at $X in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

Exports by Country

China represented the main exporting country with an export of about X units, which recorded X% of total exports. Italy (X units) ranks second in terms of the total exports with a X% share, followed by Spain (X%). The UK (X units), Chile (X units), China, Hong Kong SAR (X units), Mexico (X units), India (X units), Germany (X units) and Taiwan, Chinese (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to fire protection exports from China stood at +X%. At the same time, Chile (+X%), Spain (+X%), India (+X%), Italy (+X%), Mexico (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, China, Hong Kong SAR (-X%), Taiwan, Chinese (-X%) and Germany (-X%) illustrated a downward trend over the same period. China (+X p.p.), Spain (+X p.p.), Italy (+X p.p.), Chile (+X p.p.), India (+X p.p.) and Mexico (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest fire protection supplier from Lithuania, comprising X% of global exports. The second position in the ranking was occupied by the UK ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, fire protection exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the UK (+X% per year) and Germany (+X% per year).

Export Prices by Country

The fire protection export price in Lithuania stood at $X per unit in 2018, surging by X% against the previous year. In general, the fire protection export price, however, continues to indicate a moderate shrinkage. The growth pace was the most rapid in 2012 an increase of X% year-to-year. In that year, the export prices for electric burglar or fire alarms and similar apparatus attained their peak level of $X per unit. From 2013 to 2018, the growth in terms of the export prices for electric burglar or fire alarms and similar apparatus failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while Chile ($X per unit) was amongst the lowest.

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

Fire Protection Imports

Imports into Lithuania

In 2018, the amount of electric burglar or fire alarms and similar apparatus imported into Lithuania totaled X units, increasing by X% against the previous year. In general, fire protection imports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, fire protection imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, fire protection imports amounted to $X in 2018. Over the period under review, fire protection imports continue to indicate a resilient increase. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. In that year, fire protection imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

Italy was the major importing country with an import of around X units, which finished at X% of total imports. The U.S. (X units) occupied the second position in the ranking, followed by Chile (X units), Spain (X units), Germany (X units), the UK (X units) and China (X units). All these countries together took near X% share of total imports. China, Hong Kong SAR (X units), the Netherlands (X units), Singapore (X units) and France (X units) followed a long way behind the leaders.

Imports into Italy increased at an average annual rate of +X% from 2007 to 2018. At the same time, China (+X%), Chile (+X%), Singapore (+X%), Spain (+X%), the U.S. (+X%), Germany (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, China, Hong Kong SAR (-X%), the UK (-X%) and France (-X%) illustrated a downward trend over the same period. Italy (+X p.p.), Chile (+X p.p.), Spain (+X p.p.), China (+X p.p.), the U.S. (+X p.p.) and Germany (+X p.p.) significantly strengthened its position in terms of the global imports, while China, Hong Kong SAR, France and the UK saw its share reduced by -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fire protection importing markets into Lithuania were the U.S. ($X), Germany ($X) and the UK ($X), together comprising X% of total imports. These countries were followed by China, Hong Kong SAR, France, Spain, the Netherlands, Italy, Singapore, China, Chile and Lithuania, which together accounted for a further X recorded 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 fire protection import price in Lithuania stood at $X per unit in 2018, surging by X% against the previous year. Over the period under review, the fire protection import price, however, continues to indicate a pronounced decline. The growth pace was the most rapid in 2016 when the import price increased by X% y-o-y. Lithuania import price peaked at $X per unit in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform