Lithuania: Market for Machine Tools For Working Metal 2019

Market Size for Machine Tools For Working Metal in Lithuania

The revenue of the machine-tool for working metal market in Lithuania amounted to $X in 2018, waning by -X% against the previous year. Overall, machine-tool for working metal consumption continues to indicate a slight deduction. The growth pace was the most rapid in 2017 when the market value increased by X% year-to-year. Over the period under review, the machine-tool for working metal market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Production of Machine Tools For Working Metal in Lithuania

In value terms, machine-tool for working metal production amounted to $X in 2018 estimated in export prices. In general, machine-tool for working metal production continues to indicate strong growth. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, machine-tool for working metal production attained its maximum level in 2018 and is expected to retain its growth in the near future.

Exports of Machine Tools For Working Metal

Exports from Lithuania

Machine-tool for working metal exports from Lithuania amounted to X units in 2018, jumping by X% against the previous year. Over the period under review, machine-tool for working metal exports continue to indicate remarkable growth. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, machine-tool for working metal exports attained their maximum at X units in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, machine-tool for working metal exports stood at $X in 2018. Overall, machine-tool for working metal exports continue to indicate a moderate increase. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. In that year, machine-tool for working metal exports attained their peak of $X. From 2013 to 2018, the growth of machine-tool for working metal exports remained at a somewhat lower figure.

Exports by Country

China represented the major exporting country with an export of around X units, which finished at X% of total exports. It was distantly followed by Yemen (X units) and the United Arab Emirates (X units), together generating a X% share of total exports. Italy (X units), Oman (X units), Japan (X units), Jordan (X units), Taiwan, Chinese (X units), the UK (X units), Germany (X units), the U.S. (X units) and Slovakia (X units) occupied a minor share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Oman (+X%), Jordan (+X%), Yemen (+X%), the United Arab Emirates (+X%), Slovakia (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Italy and the U.S. experienced a relatively flat trend pattern. By contrast, the UK (-X%), Germany (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Yemen (+X p.p.), the United Arab Emirates (+X p.p.), Oman (+X p.p.), Jordan (+X p.p.), Slovakia (+X p.p.) and Taiwan, Chinese (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of the UK (-X p.p.), Germany (-X p.p.) and Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and Japan ($X) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports. China, the U.S., Taiwan, Chinese, the UK, Slovakia, Lithuania, the United Arab Emirates, Yemen, Jordan and Oman lagged somewhat behind, together comprising a further X terms of the main exporting countries, Oman 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 machine-tool for working metal export price in Lithuania amounted to $X per unit, lowering by -X% against the previous year. Over the period under review, the machine-tool for working metal export price continues to indicate a deep decrease. The growth pace was the most rapid in 2008 when the export price increased by X% y-o-y. In that year, the export prices for machine tools for working metal attained their peak level of $X per unit. From 2009 to 2018, the growth in terms of the export prices for machine tools for working metal remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while Oman ($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 Machine Tools For Working Metal

Imports into Lithuania

Machine-tool for working metal imports into Lithuania stood at X units in 2018, leveling off at the previous year. Over the period under review, machine-tool for working metal imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Lithuania imports peaked at X units in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, machine-tool for working metal imports amounted to $X in 2018. In general, machine-tool for working metal imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, machine-tool for working metal imports attained their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

The Philippines dominates machine-tool for working metal imports structure, recording X units, which was near X% of total imports in 2018. The following importers - the U.S. (X units), China (X units), Canada (X units), the UK (X units) and Thailand (X units) - together made up X% of total imports.

The Philippines was also the fastest-growing in terms of the machine tools for working metal imports, with a CAGR of +X% from 2007 to 2018. At the same time, China (+X%), the U.S. (+X%) and Canada (+X%) displayed positive paces of growth. Thailand experienced a relatively flat trend pattern. By contrast, the UK (-X%) illustrated a downward trend over the same period. While the share of the Philippines (+X p.p.), China (+X p.p.) and the U.S. (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the UK (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest machine-tool for working metal importing markets into Lithuania were China ($X), the U.S. ($X) and Thailand ($X), with a combined X% share of total imports. These countries were followed by Canada, the UK, the Philippines and Lithuania, which together accounted for a further X Philippines experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The machine-tool for working metal import price in Lithuania stood at $X per unit in 2018, shrinking by -X% against the previous year. In general, the machine-tool for working metal import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. In that year, the import prices for machine tools for working metal attained their peak level of $X per unit, and then declined slightly in the following year.

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

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

Source: IndexBox Platform