Lithuania: Market for Machine-Tools For Working Any Material By Removal Of Material 2019

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Lithuania

The revenue of the machine-tool for removing material market in Lithuania amounted to $X in 2018, declining by -X% against the previous year. Over the period under review, machine-tool for removing material consumption continues to indicate a temperate downturn. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. Over the period under review, the machine-tool for removing material market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Production of Machine-Tools For Working Any Material By Removal Of Material in Lithuania

In value terms, machine-tool for removing material production amounted to $X in 2018 estimated in export prices. Overall, machine-tool for removing material production, however, continues to indicate a dramatic slump. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Lithuania machine-tool for removing material production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Lithuania

In 2018, approx. X units of machine-tools for working any material by removal of material were exported from Lithuania; increasing by X% against the previous year. Over the period under review, machine-tool for removing material exports continue to indicate outstanding growth. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. In that year, machine-tool for removing material exports attained their peak of X units. From 2012 to 2018, the growth of machine-tool for removing material exports failed to regain its momentum.

In value terms, machine-tool for removing material exports stood at $X in 2018. Overall, machine-tool for removing material exports continue to indicate a resilient increase. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, machine-tool for removing material exports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

New Zealand (X units) and China (X units) represented roughly X% of total exports of machine-tools for working any material by removal of material in 2018. It was distantly followed by the UK (X units), the U.S. (X units) and South Africa (X units), together committing a X% share of total exports. The following exporters - Japan (X units), South Korea (X units), Germany (X units), Mexico (X units), Italy (X units) and Israel (X units) - together made up X% 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 New Zealand (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Japan ($X) and China ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by the U.S., Italy, South Korea, the UK, Mexico, New Zealand, Israel, Lithuania and South Africa, which together accounted for a further X 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

In 2018, the machine-tool for removing material export price in Lithuania amounted to $X per unit, declining by -X% against the previous year. Over the period under review, the machine-tool for removing material export price continues to indicate a drastic setback. The most prominent rate of growth was recorded in 2012 when the export price increased by X% y-o-y. Over the period under review, the export prices for machine-tools for working any material by removal of material reached their peak figure at $X per unit in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

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

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Lithuania

In 2018, the amount of machine-tools for working any material by removal of material imported into Lithuania totaled X units, growing by X% against the previous year. In general, machine-tool for removing material imports continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Lithuania imports peaked at X units in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, machine-tool for removing material imports stood at $X in 2018. In general, machine-tool for removing material imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, machine-tool for removing material imports attained their peak figure at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

Mexico was the largest importer of machine-tools for working any material by removal of material in the world, with the volume of imports finishing at X units, which was near X% of total imports in 2018. The Philippines (X units) occupied a X% share (based on tons) of total imports, which put it in second place, followed by the U.S. (X%) and Indonesia (X%). Canada (X units), Taiwan, Chinese (X units) and Thailand (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 the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported machine-tools for working any material by removal of material into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by Taiwan, Chinese, with a X% share.

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

Import Prices by Country

In 2018, the machine-tool for removing material import price in Lithuania amounted to $X per unit, increasing by X% against the previous year. In general, the machine-tool for removing material import price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. Over the period under review, the import prices for machine-tools for working any material by removal of material attained their maximum at $X per unit in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Taiwan, Chinese ($X per unit), while the Philippines ($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 a decline in the import price figures.

Source: IndexBox Platform