Lithuania: Measuring Instrument Market 2020

Measuring Instrument Market Size in Lithuania

The revenue of the measuring instrument market in Lithuania amounted to $X in 2018, growing by X% against the previous year. In general, the total market indicated a prominent expansion from 2007 to 2018: its value decreased 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, measuring instrument consumption increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Lithuania measuring instrument consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Measuring Instrument Production in Lithuania

In value terms, measuring instrument production totaled $X in 2018 estimated in export prices. Over the period under review, measuring instrument production continues to indicate remarkable growth. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Lithuania measuring instrument production peaked in 2018 and is likely to continue its growth in the immediate term.

Measuring Instrument Exports

Exports from Lithuania

Measuring instrument exports from Lithuania totaled X units in 2018, surging by X% against the previous year. In general, measuring instrument exports continue to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, measuring instrument exports attained their peak figure at X units in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, measuring instrument exports stood at $X in 2018. In general, measuring instrument exports continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Lithuania exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

The countries with the highest levels of measuring instrument exports in 2018 were Germany (X units), China (X units), Japan (X units), Mexico (X units), Luxembourg (X units), the Czech Republic (X units) and Switzerland (X units), together recording X% of total export. Malaysia (X units), Italy (X units), South Korea (X units), the Philippines (X units) and the U.S. (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 Luxembourg (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest measuring instrument markets from Lithuania were Germany ($X), the U.S. ($X) and China ($X), together accounting for X% of total exports. These countries were followed by Japan, Italy, Mexico, Switzerland, the Czech Republic, Malaysia, South Korea, the Philippines, Luxembourg and Lithuania, which together accounted for a further X terms of the main exporting countries, Lithuania experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The measuring instrument export price in Lithuania stood at $X per unit in 2018, picking up by X% against the previous year. Overall, the measuring instrument export price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. Lithuania export price peaked in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per unit), while Luxembourg ($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.

Measuring Instrument Imports

Imports into Lithuania

In 2018, approx. X units of instruments and apparatus for measuring or checking the flow or level of liquids were imported into Lithuania; increasing by X% against the previous year. Overall, measuring instrument imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Lithuania imports peaked at X units in 2011; however, from 2012 to 2018, imports remained at a lower figure.

In value terms, measuring instrument imports stood at $X in 2018. Over the period under review, measuring instrument imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. In that year, measuring instrument imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

The U.S. (X units), China (X units), Germany (X units), Mozambique (X units), Poland (X units) and the Czech Republic (X units) represented roughly X% of total imports of instruments and apparatus for measuring or checking the flow or level of liquids in 2018. Hungary (X units), the UK (X units), Ukraine (X units), France (X units), Mexico (X units) and Canada (X units) held a little share 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 Mozambique (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest measuring instrument importing markets into Lithuania were the U.S. ($X), Germany ($X) and China ($X), together accounting for X% of total imports. France, the UK, Canada, Mexico, Poland, the Czech Republic, Hungary, Ukraine, Lithuania and Mozambique lagged somewhat behind, together accounting for a further X the main importing countries, Lithuania experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the measuring instrument import price in Lithuania amounted to $X per unit, increasing by X% against the previous year. In general, the measuring instrument import price continues to indicate strong growth. The growth pace was the most rapid 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 the flow or level of liquids reached their maximum in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while Mozambique ($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