Lithuania: Monitors And Projectors Market 2025

Monitors And Projectors Market Size in Lithuania

The Lithuanian monitors and projectors market dropped rapidly to $X in 2022, declining by -33.1% against the previous year. In general, consumption saw a abrupt decline. Monitors and projectors consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Monitors And Projectors Production in Lithuania

In value terms, monitors and projectors production amounted to $X in 2022 estimated in export price. Overall, production saw a dramatic decrease. The growth pace was the most rapid in 2014 when the production volume increased by 82% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Monitors And Projectors Exports

Exports from Lithuania

In 2016, after two years of decline, there was significant growth in overseas shipments of monitors and projectors, when their volume increased by 21% to X units. The total export volume increased at an average annual rate of +1.6% from 2012 to 2016; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2016, the exports remained at a lower figure.

In value terms, monitors and projectors exports skyrocketed to $X in 2016. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2016; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 29%. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports remained at a lower figure.

Exports by Country

Belarus (X units), Latvia (X units) and Estonia (X units) were the main destinations of monitors and projectors exports from Lithuania, with a combined 59% share of total exports. Georgia, Poland, Russia, Tajikistan and Armenia lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2016, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tajikistan (with a CAGR of +397.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for monitors and projectors exported from Lithuania were Latvia ($X), Belarus ($X) and Estonia ($X), with a combined 56% share of total exports. Russia, Poland, Georgia, Tajikistan and Armenia lagged somewhat behind, together comprising a further 34%.

Tajikistan, with a CAGR of +262.2%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2016, the average monitors and projectors export price amounted to $X per unit, surging by 1.5% against the previous year. Over the period from 2012 to 2016, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 11%. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2016, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Belarus ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Monitors And Projectors Imports

Imports into Lithuania

In 2016, the amount of monitors and projectors imported into Lithuania dropped slightly to X units, waning by -3.1% against 2015. In general, imports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 18%. As a result, imports attained the peak of X units. From 2014 to 2016, the growth of imports remained at a somewhat lower figure.

In value terms, monitors and projectors imports dropped modestly to $X in 2016. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 25% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports remained at a lower figure.

Imports by Country

The UK (X units), the Czech Republic (X units) and Austria (X units) were the main suppliers of monitors and projectors imports to Lithuania, together accounting for 65% of total imports. The Netherlands, Latvia, Germany, Ireland, China and Poland lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (with a CAGR of +157.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of monitors and projectors to Lithuania, comprising 40% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by the Czech Republic, with a 9.4% share.

From 2012 to 2016, the average annual growth rate of value from the UK amounted to +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.4% per year) and the Czech Republic (-16.0% per year).

Import Prices by Country

In 2016, the average monitors and projectors import price amounted to $X per unit, increasing by 2.2% against the previous year. Over the period from 2012 to 2016, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 7.1%. As a result, import price attained the peak level of $X per unit. From 2015 to 2016, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by China (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform