Lithuania: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2019

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Lithuania

The revenue of the market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) in Lithuania amounted to $X in 2018, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total market indicated a mild 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, consumption of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by +X% against 2015 indices. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Lithuania consumption of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) peaked at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports from Lithuania

Exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from Lithuania amounted to X units in 2018, increasing by X% against the previous year. In general, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) attained their peak figure at X units in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X in 2018. In general, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) continue to indicate strong growth. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) reached their maximum at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China (X units) and the U.S. (X units) represented the major exporters of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) in 2018, recording near X% and X% of total exports, respectively. It was distantly followed by Japan (X units), constituting a X% share of total exports. Thailand (X units), Italy (X units) and Belgium (X units) held a relatively small share of total exports.

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 mixed trends in the exports figures.

In value terms, Japan ($X) remains the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) supplier from Lithuania, comprising X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

In Japan, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) 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: China (+X% per year) and the U.S. (-X% per year).

Export Prices by Country

In 2018, the export price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) in Lithuania amounted to $X per unit, increasing by X% against the previous year. Overall, the export price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), however, continues to indicate a slight deduction. The growth pace was the most rapid in 2010 when the export price increased by X% y-o-y. Lithuania export price peaked at $X per unit in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

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

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

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports into Lithuania

In 2018, the imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) into Lithuania stood at X units, going up by X% against the previous year. In general, the total imports indicated measured growth from 2007 to 2018: its volume 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, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by +X% against 2010 indices. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Lithuania imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) stood at $X in 2018. Over the period under review, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) continue to indicate moderate growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) attained their maximum at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Mexico (X units), followed by Slovakia (X units), Italy (X units), China (X units) and Russia (X units) represented the main importers of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), together constituting X% of total imports. The U.S. (X units), Hungary (X units), Brazil (X units), Australia (X units), Poland (X units), Belgium (X units) and Canada (X units) occupied 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 Poland, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Canada (-X% per year) and China (+X% per year).

Import Prices by Country

In 2018, the import price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) in Lithuania amounted to $X per unit, remaining constant against the previous year. In general, the import price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. Over the period under review, the import prices for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) attained their maximum at $X per unit in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while Hungary ($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 U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform