Lithuania: Beverage Manufacturing Press Market 2024

Beverage Manufacturing Press Market Size in Lithuania

In 2022, the Lithuanian beverage manufacturing press market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Beverage Manufacturing Press Production in Lithuania

In value terms, beverage manufacturing press production fell to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Beverage manufacturing press production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Beverage Manufacturing Press Exports

Exports from Lithuania

In 2022, overseas shipments of presses and crushers for beverages manufacturing decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, beverage manufacturing press exports fell markedly to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Armenia (X tons), Spain (X tons) and Russia (X tons) were the main destinations of beverage manufacturing press exports from Lithuania, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Armenia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Armenia ($X) emerged as the key foreign market for presses and crushers for beverages manufacturing exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Armenia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Spain (X% per year).

Export Prices by Country

The average beverage manufacturing press export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Kazakhstan ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

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

Beverage Manufacturing Press Imports

Imports into Lithuania

In 2022, approx. X tons of presses and crushers for beverages manufacturing were imported into Lithuania; rising by X% against 2021 figures. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, beverage manufacturing press imports dropped significantly to $X in 2022. Overall, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Denmark (X tons) constituted the largest beverage manufacturing press supplier to Lithuania, with a X% share of total imports. Moreover, beverage manufacturing press imports from Denmark exceeded the figures recorded by the second-largest supplier, Italy (X tons), sevenfold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Poland (X% per year).

In value terms, Italy ($X) constituted the largest supplier of presses and crushers for beverages manufacturing to Lithuania, comprising X% of total imports. The second position in the ranking was taken by Denmark ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average beverage manufacturing press import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform