Lithuania: Market for Lathes For Removing Metal 2019

Market Size for Lathes For Removing Metal in Lithuania

The revenue of the lathe for removing metal market in Lithuania amounted to $X in 2018, waning by -X% against the previous year. Over the period under review, lathe for removing metal consumption continues to indicate a moderate curtailment. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Lithuania lathe for removing metal consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Production of Lathes For Removing Metal in Lithuania

In value terms, lathe for removing metal production totaled $X in 2018 estimated in export prices. Over the period under review, lathe for removing metal production continues to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2009 when production volume increased by X% against the previous year. Over the period under review, lathe for removing metal production attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Exports of Lathes For Removing Metal

Exports from Lithuania

In 2018, approx. X units of lathes for removing metal were exported from Lithuania; surging by X% against the previous year. Overall, lathe for removing metal exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2017 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.

In value terms, lathe for removing metal exports amounted to $X in 2018. Over the period under review, lathe for removing metal exports continue to indicate a modest increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Lithuania exports peaked at $X in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, New Zealand (X units), distantly followed by Taiwan, Chinese (X units), India (X units), China (X units), Japan (X units), Portugal (X units) and South Korea (X units) were the key exporters of lathes for removing metal, together committing X% of total exports. The following exporters - the U.S. (X units), the UK (X units), Belgium (X units), Germany (X units) and Singapore (X units) - together made up X% of total exports.

New Zealand was also the fastest-growing in terms of the lathes for removing metal exports, with a CAGR of +X% from 2007 to 2018. At the same time, Portugal (+X%) and Belgium (+X%) displayed positive paces of growth. By contrast, South Korea (-X%), India (-X%), the U.S. (-X%), Singapore (-X%), Germany (-X%), the UK (-X%), Taiwan, Chinese (-X%), China (-X%) and Japan (-X%) illustrated a downward trend over the same period. New Zealand (+X p.p.), Portugal (+X p.p.) and Belgium (+X p.p.) significantly strengthened its position in terms of the global exports, while the U.S., India, Singapore, Germany, the UK, China, Taiwan, Chinese and Japan saw its share reduced by -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Germany ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Taiwan, Chinese, China, Belgium, the U.S., the UK, Singapore, India, Lithuania, Portugal and New Zealand lagged somewhat behind, together comprising a further X the main exporting countries, China recorded 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

In 2018, the lathe for removing metal export price in Lithuania amounted to $X per unit, going down by -X% against the previous year. Over the period under review, the lathe for removing metal export price continues to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. In that year, the export prices for lathes for removing metal reached their peak level of $X per unit. From 2016 to 2018, the growth in terms of the export prices for lathes for removing metal failed to regain its momentum.

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

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

Imports of Lathes For Removing Metal

Imports into Lithuania

In 2018, the lathe for removing metal imports into Lithuania amounted to X units, reducing by -X% against the previous year. Overall, lathe for removing metal imports continue to indicate an abrupt reduction. The pace of growth appeared the most rapid in 2012 when imports increased by X% year-to-year. Over the period under review, lathe for removing metal imports reached their peak figure at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, lathe for removing metal imports totaled $X in 2018. Over the period under review, lathe for removing metal imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2012 when imports increased by X% y-o-y. In that year, lathe for removing metal imports attained their peak of $X. From 2013 to 2018, the growth of lathe for removing metal imports remained at a somewhat lower figure.

Imports by Country

Saudi Arabia dominates lathe for removing metal imports structure, resulting at X units, which was near X% of total imports in 2018. It was distantly followed by the Philippines (X units), constituting a X% share of total imports. The following importers - Uganda (X units) and Germany (X units) - each amounted to a X% share of total imports.

From 2007 to 2018, average annual rates of growth with regard to lathe for removing metal imports into Saudi Arabia stood at +X%. At the same time, Uganda (+X%) and the Philippines (+X%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Germany (-X%) illustrated a downward trend over the same period. Saudi Arabia (+X p.p.), the Philippines (+X p.p.) and Uganda (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported lathes for removing metal into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global imports. It was followed by Saudi Arabia, with a X% share.

In Germany, lathe for removing metal imports declined by an average annual rate of -X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: the Philippines (+X% per year) and Saudi Arabia (+X% per year).

Import Prices by Country

The lathe for removing metal import price in Lithuania stood at $X per unit in 2018, falling by -X% against the previous year. Over the period under review, the lathe for removing metal import price, however, continues to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Lithuania import price peaked at $X per unit in 2017, and then declined slightly in the following year.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform