Lithuania: Test And Measurement Market 2020

Test And Measurement Market Size in Lithuania

The revenue of the test and measurement market in Lithuania amounted to $X in 2018, jumping by X% against the previous year. In general, the total market indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, test and measurement consumption increased by +X% against 2016 indices. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. Lithuania test and measurement consumption peaked in 2018 and is expected to retain its growth in the near future.

Test And Measurement Production in Lithuania

In value terms, test and measurement production amounted to $X in 2018 estimated in export prices. In general, test and measurement production continues to indicate extraordinary growth. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Lithuania test and measurement production peaked in 2018 and is likely to continue its growth in the near future.

Test And Measurement Exports

Exports from Lithuania

In 2018, the amount of instruments and apparatus for measuring or checking pressure of liquids or gasses exported from Lithuania stood at X units, remaining relatively unchanged against the previous year. Over the period under review, test and measurement exports, however, continue to indicate skyrocketing growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. In that year, test and measurement exports reached their peak of X units. From 2017 to 2018, the growth of test and measurement exports remained at a lower figure.

In value terms, test and measurement exports amounted to $X in 2018. Over the period under review, test and measurement exports, however, continue to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Lithuania exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

Mexico (X units), Malaysia (X units) and China (X units) represented roughly X% of total exports of instruments and apparatus for measuring or checking pressure of liquids or gasses in 2018. The UK (X units) occupied the next position in the ranking, followed by Germany (X units) and the U.S. (X units). All these countries together took near X% share of total exports. Japan (X units), the Netherlands (X units), Poland (X units), Taiwan, Chinese (X units), Switzerland (X units) and Italy (X units) followed a long way behind the leaders.

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

In value terms, the largest test and measurement markets from Lithuania were Germany ($X), the U.S. ($X) and China ($X), with a combined X% share of total exports. These countries were followed by Mexico, the UK, Switzerland, the Netherlands, Japan, Malaysia, Poland, Italy, Taiwan, Chinese and Lithuania, which together accounted for a further X the main exporting countries, Lithuania experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the test and measurement export price in Lithuania amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the test and measurement export price continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, the export prices for instruments and apparatus for measuring or checking pressure of liquids or gasses attained their peak figure at $X per unit in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while Malaysia ($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, while the other leaders experienced more modest paces of growth.

Test And Measurement Imports

Imports into Lithuania

In 2018, the test and measurement imports into Lithuania totaled X units, growing by X% against the previous year. Over the period under review, test and measurement imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Lithuania imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, test and measurement imports amounted to $X in 2018. Over the period under review, test and measurement imports continue to indicate strong growth. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Over the period under review, test and measurement imports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

The U.S. (X units) and Germany (X units) represented roughly X% of total imports of instruments and apparatus for measuring or checking pressure of liquids or gasses in 2018. China (X units) occupied an X% share (based on tons) of total imports, which put it in second place, followed by Mexico (X%), France (X%) and Japan (X%). Singapore (X units), Italy (X units), the Netherlands (X units), Spain (X units), Poland (X units) and the UK (X units) followed a long way behind the leaders.

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

In value terms, the U.S. ($X), China ($X) and Germany ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Japan, France, Mexico, the UK, the Netherlands, Italy, Singapore, Spain, Poland and Lithuania lagged somewhat behind, together comprising a further X terms of the main importing countries, Japan recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The test and measurement import price in Lithuania stood at $X per unit in 2018, going up by X% against the previous year. Overall, the import price indicated a remarkable expansion from 2007 to 2018: its price 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, test and measurement import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2013 when the import price increased by X% year-to-year. Over the period under review, the import prices for instruments and apparatus for measuring or checking pressure of liquids or gasses reached their peak figure in 2018 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform