Lithuania: Industrial Brewery Machinery Market 2024

Industrial Brewery Machinery Market Size in Lithuania

The Lithuanian industrial brewery machinery market contracted rapidly to $X in 2022, with a decrease of X% against the previous year. In general, consumption continues to indicate a abrupt shrinkage. Industrial brewery machinery consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Industrial Brewery Machinery Production in Lithuania

In value terms, industrial brewery machinery production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Industrial Brewery Machinery Exports

Exports from Lithuania

In 2022, overseas shipments of industrial brewery machinery increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a slight slump. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, industrial brewery machinery exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a abrupt shrinkage. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X units) was the main destination for industrial brewery machinery exports from Lithuania, with a X% share of total exports. Moreover, industrial brewery machinery exports to Switzerland exceeded the volume sent to the second major destination, Russia (X units), threefold. The third position in this ranking was held by Kazakhstan (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Switzerland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Kazakhstan (X% per year).

In value terms, Switzerland ($X), Kazakhstan ($X) and Russia ($X) appeared to be the largest markets for industrial brewery machinery exported from Lithuania worldwide, together comprising X% of total exports.

Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average industrial brewery machinery export price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Serbia ($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 Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Industrial Brewery Machinery Imports

Imports into Lithuania

In 2022, the amount of industrial brewery machinery imported into Lithuania contracted to X units, waning by X% on the previous year. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial brewery machinery imports contracted sharply to $X in 2022. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Norway (X units), Ukraine (X units) and Austria (X units) were the main suppliers of industrial brewery machinery imports to Lithuania, with a combined X% share of total imports.

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

In value terms, Austria ($X) constituted the largest supplier of industrial brewery machinery to Lithuania, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total imports. It was followed by Finland, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Austria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the average industrial brewery machinery import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price saw a abrupt contraction. The growth pace was the most rapid in 2016 when the average import price increased by X% 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.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per unit), while the price for the UK ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform