Lithuania: Market for Machine-Tools For Working Wood 2019

Market Size for Machine-Tools For Working Wood in Lithuania

The revenue of the machine-tool for working wood market in Lithuania amounted to $X in 2018, remaining constant against the previous year. In general, machine-tool for working wood consumption continues to indicate a temperate deduction. The pace of growth appeared 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 wood market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Production of Machine-Tools For Working Wood in Lithuania

In value terms, machine-tool for working wood production amounted to $X in 2018 estimated in export prices. Overall, machine-tool for working wood production, however, continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Lithuania machine-tool for working wood production peaked at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Exports of Machine-Tools For Working Wood

Exports from Lithuania

In 2018, the exports of machine-tools for working wood from Lithuania amounted to X units, jumping by X% against the previous year. Overall, machine-tool for working wood exports continue to indicate a resilient increase. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Lithuania exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, machine-tool for working wood exports stood at $X in 2018. In general, machine-tool for working wood exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Over the period under review, machine-tool for working wood exports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

China dominates machine-tool for working wood exports structure, finishing at X units, which was near X% of total exports in 2018. Taiwan, Chinese (X units) took the second position in the ranking, followed by Germany (X units). All these countries together occupied near X% share of total exports. The following exporters - Italy (X units), Belgium (X units), Slovakia (X units), Australia (X units) and Mexico (X units) - together made up X% of total exports.

China experienced a relatively flat trend pattern of machine-tools for working wood exports. At the same time, Slovakia (+X%), Australia (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Germany (-X%), Italy (-X%), Mexico (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of Slovakia (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Mexico (-X p.p.), Italy (-X p.p.), Germany (-X p.p.) and Taiwan, Chinese (-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 China ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. Taiwan, Chinese, Belgium, Mexico, Lithuania, Slovakia and Australia lagged somewhat behind, together comprising a further X recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The machine-tool for working wood export price in Lithuania stood at $X per unit in 2018, falling by -X% against the previous year. Overall, the machine-tool for working wood export price continues to indicate a significant contraction. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Lithuania export price peaked at $X per unit in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

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

Imports of Machine-Tools For Working Wood

Imports into Lithuania

Machine-tool for working wood imports into Lithuania amounted to X units in 2018, going down by -X% against the previous year. In general, machine-tool for working wood imports continue to indicate a slight drop. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, machine-tool for working wood imports reached their peak figure at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, machine-tool for working wood imports stood at $X in 2018. Overall, machine-tool for working wood imports continue to indicate a mild deduction. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Lithuania imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of machine-tool for working wood imports in 2018 were the UK (X units), Germany (X units) and Poland (X units), together finishing at X% of total import. China (X units) took the next position in the ranking, followed by France (X units), Egypt (X units) and Spain (X units). All these countries together took approx. X% share of total imports. Canada (X units), the Netherlands (X units), Russia (X units), Turkey (X units) and Austria (X units) held a minor 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 Egypt (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Russia ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by France, Poland, the UK, Canada, Austria, Spain, the Netherlands, Turkey, Lithuania and Egypt, which together accounted for a further X recorded the highest rates of growth with regard to 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 wood import price in Lithuania stood at $X per unit in 2018, jumping by X% against the previous year. In general, the machine-tool for working wood import price, however, continues to indicate a relatively flat trend pattern. 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 machine-tools for working wood reached their peak level of $X per unit. From 2009 to 2018, the growth in terms of the import prices for machine-tools for working wood failed to regain its momentum.

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

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

Source: IndexBox Platform