Lithuania: Motor Grader Market 2024

Motor Grader Market Size in Lithuania

The Lithuanian motor grader market declined rapidly to $X in 2022, falling by -94.7% against the previous year. Over the period under review, consumption faced a significant contraction. Motor grader consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Motor Grader Production in Lithuania

In value terms, motor grader production surged to $X in 2022 estimated in export price. Overall, production showed a perceptible downturn. The growth pace was the most rapid in 2017 when the production volume increased by 75,408,800%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Motor Grader Exports

Exports from Lithuania

In 2022, shipments abroad of motor graders and levellers decreased by -21% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed pronounced growth. The pace of growth appeared the most rapid in 2021 with an increase of 153%. As a result, the exports attained the peak of X units, and then reduced sharply in the following year.

In value terms, motor grader exports surged to $X in 2022. Over the period under review, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 193% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

Sweden (X units) was the main destination for motor grader exports from Lithuania, with a 72% share of total exports. Moreover, motor grader exports to Sweden exceeded the volume sent to the second major destination, Latvia (X units), more than tenfold. The third position in this ranking was taken by the Netherlands (X units), with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden amounted to +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+3.7% per year) and the Netherlands (+20.1% per year).

In value terms, the largest markets for motor grader exported from Lithuania were Latvia ($X), Finland ($X) and the Netherlands ($X), with a combined 57% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +33.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average motor grader export price amounted to $X per unit, surging by 126% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Grader Imports

Imports into Lithuania

In 2022, after two years of growth, there was significant decline in purchases abroad of motor graders and levellers, when their volume decreased by -37.8% to X units. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 300% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, motor grader imports fell notably to $X in 2022. In general, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,219% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then fell sharply in the following year.

Imports by Country

The Czech Republic (X units), Germany (X units) and Brazil (X units) were the main suppliers of motor grader imports to Lithuania, together comprising 74% of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +41.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest motor grader suppliers to Lithuania were Germany ($X), Brazil ($X) and Spain ($X), with a combined 89% share of total imports.

In terms of the main suppliers, Brazil, with a CAGR of +49.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average motor grader import price amounted to $X per unit, shrinking by -26.5% against the previous year. In general, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 680%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then contracted rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+42.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform