Lithuania: Laser Market 2020

Laser Market Size in Lithuania

The revenue of the laser market in Lithuania amounted to $X in 2018, growing by X% against the previous year. Over the period under review, the total market indicated a strong increase from 2007 to 2018: its value decreased 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, laser consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. In that year, the laser market attained its peak level of $X. From 2015 to 2018, the growth of the laser market failed to regain its momentum.

Laser Production in Lithuania

In value terms, laser production totaled $X in 2018 estimated in export prices. In general, laser production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Lithuania laser production peaked in 2018 and is likely to continue its growth in the near future.

Laser Exports

Exports from Lithuania

Laser exports from Lithuania amounted to X units in 2018, waning by -X% against the previous year. In general, laser exports, however, continue to indicate an outstanding increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, laser exports reached their peak figure at X units in 2017, and then declined slightly in the following year.

In value terms, laser exports amounted to $X in 2018. Overall, laser exports, however, continue to indicate an outstanding expansion. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, laser exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, China, Hong Kong SAR (X units) and China (X units) represented the major exporters of lasers, other than laser diodesaround the world, together generating X% of total exports. It was distantly followed by Taiwan, Chinese (X units) and Japan (X units), together mixing up a X% 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 Japan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest laser markets from Lithuania were China, Hong Kong SAR ($X), China ($X) and Japan ($X), with a combined X% share of total exports. Taiwan, Chinese and Lithuania lagged somewhat behind, together accounting for a further X, Chinese experienced the highest growth rate of exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The laser export price in Lithuania stood at $X per unit in 2018, increasing by X% against the previous year. Overall, the laser export price, however, continues to indicate a deep drop. The growth pace was the most rapid in 2008 when the export price increased by X% against the previous year. In that year, the export prices for lasers, other than laser diodes attained their peak level of $X per unit. From 2009 to 2018, the growth in terms of the export prices for lasers, other than laser diodes remained 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 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 China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Laser Imports

Imports into Lithuania

In 2018, approx. X units of lasers, other than laser diodes were imported into Lithuania; going down by -X% against the previous year. In general, laser imports continue to indicate a drastic reduction. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Lithuania imports peaked at X units in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, laser imports stood at $X in 2018. Overall, laser imports continue to indicate a resilient increase. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, laser imports reached their maximum at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

China (X units), China, Hong Kong SAR (X units) and Vietnam (X units) represented roughly X% of total imports of lasers, other than laser diodes in 2018. It was distantly followed by the U.S. (X units) and Luxembourg (X units), together generating a X% share of total imports. Argentina (X units) and Japan (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 Luxembourg (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported lasers, other than laser diodes into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

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

Import Prices by Country

The laser import price in Lithuania stood at $X per unit in 2018, increasing by X% against the previous year. In general, the laser import price continues to indicate an outstanding increase. The pace of growth was the most pronounced in 2008 when the import price increased by X% y-o-y. In that year, the import prices for lasers, other than laser diodes attained their peak level of $X per unit. From 2009 to 2018, the growth in terms of the import prices for lasers, other than laser diodes remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform