Lithuania: Market for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) 2019

Market Size for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) in Lithuania

The revenue of the market for indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) in Lithuania amounted to $X in 2018, coming down by -X% against the previous year. In general, consumption of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Lithuania consumption of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Production of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) in Lithuania

In value terms, production of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) stood at $X in 2018 estimated in export prices. Over the period under review, production of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd), however, continues to indicate a dramatic decrease. The growth pace was the most rapid in 2012 when production volume increased by X% against the previous year. Over the period under review, production of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) reached its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Exports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Exports from Lithuania

In 2018, the exports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) from Lithuania totaled X tons, rising by X% against the previous year. In general, exports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, exports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) reached their peak figure at X tons in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, exports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) stood at $X in 2018. In general, exports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. In that year, exports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) attained their peak of $X. From 2016 to 2018, the growth of exports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) failed to regain its momentum.

Exports by Country

China prevails in exports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) structure, amounting to X tons, which was near X% of total exports in 2018. It was distantly followed by Taiwan, Chinese (X tons), mixing up a X% share of total exports. Germany (X tons), the U.S. (X tons), Thailand (X tons), Singapore (X tons), Italy (X tons), France (X tons), China, Hong Kong SAR (X tons), Malaysia (X tons), Vietnam (X tons) and Portugal (X tons) took a minor share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Vietnam (+X%), Portugal (+X%), Thailand (+X%), France (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Malaysia (-X%), China, Hong Kong SAR (-X%), Germany (-X%), Singapore (-X%), the U.S. (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Vietnam (+X p.p.) and Thailand (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Germany (-X p.p.), Singapore (-X p.p.), the U.S. (-X p.p.) and Taiwan, Chinese (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest lcd or led indicator panel supplier from Lithuania, comprising X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, exports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Taiwan, Chinese (-X% per year) and Germany (-X% per year).

Export Prices by Country

In 2018, the export price for indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) in Lithuania amounted to $X per ton, surging by X% against the previous year. Overall, the export price for indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd), however, continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. Over the period under review, the export prices for indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) attained their peak figure at $X per ton in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

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

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

Imports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Imports into Lithuania

In 2018, the imports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) into Lithuania stood at X tons, increasing by X% against the previous year. Over the period under review, imports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. In that year, imports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) attained their peak and are likely to continue its growth in the immediate term.

In value terms, imports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) stood at $X in 2018. In general, imports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, imports of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) attained their peak figure at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

China (X tons) and the U.S. (X tons) represented the main importers of indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) in 2018, finishing at near X% and X% of total imports, respectively. Germany (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Spain (X%) and South Korea (X%). The following importers - Mexico (X tons), France (X tons), Brazil (X tons), the UK (X tons), Turkey (X tons), Taiwan, Chinese (X tons) and China, Hong Kong SAR (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Lithuania, while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China totaled +X%. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the import price for indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) in Lithuania amounted to $X per ton, lowering by -X% against the previous year. Overall, the import price for indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. Over the period under review, the import prices for indicator panels incorporating liquid crystal devices (lcd) or light emitting diodes (lcd) reached their peak figure at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform