Lithuania: Market for Road Tractors For Semi-Trailers 2019

Market Size for Road Tractors For Semi-Trailers in Lithuania

The revenue of the road tractor for semi-trailer market in Lithuania amounted to $X in 2018, surging by X% against the previous year. In general, road tractor for semi-trailer consumption continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2009 when the market value increased by X% against the previous year. Lithuania road tractor for semi-trailer consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Production of Road Tractors For Semi-Trailers in Lithuania

In value terms, road tractor for semi-trailer production stood at $X in 2018 estimated in export prices. In general, road tractor for semi-trailer production, however, continues to indicate a precipitous decrease. The growth pace was the most rapid in 2018 when production volume decreased by -X% y-o-y. Over the period under review, road tractor for semi-trailer production attained its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Exports of Road Tractors For Semi-Trailers

Exports from Lithuania

In 2018, approx. X units of road tractors for semi-trailers were exported from Lithuania; rising by X% against the previous year. Overall, road tractor for semi-trailer exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. In that year, road tractor for semi-trailer exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, road tractor for semi-trailer exports stood at $X in 2018. Overall, road tractor for semi-trailer exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Lithuania exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Mexico represented the major exporting country with an export of around X units, which accounted for X% of total exports. It was distantly followed by the Netherlands (X units), Germany (X units), Belgium (X units), the U.S. (X units) and France (X units), together committing a X% share of total exports. Spain (X units), Poland (X units), Sweden (X units), China (X units) and Brazil (X units) occupied a minor share of total exports.

Mexico was also the fastest-growing in terms of the road tractors for semi-trailers exports, with a CAGR of +X% from 2007 to 2018. At the same time, Poland (+X%), Spain (+X%), the U.S. (+X%), China (+X%), Brazil (+X%) and France (+X%) displayed positive paces of growth. Belgium and the Netherlands experienced a relatively flat trend pattern. By contrast, Sweden (-X%) and Germany (-X%) illustrated a downward trend over the same period. Mexico (+X p.p.), the U.S. (+X p.p.), Spain (+X p.p.) and Poland (+X p.p.) significantly strengthened its position in terms of the global exports, while Germany saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), the Netherlands ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

Among the main exporting countries, Mexico recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the road tractor for semi-trailer export price in Lithuania amounted to $X per unit, lowering by -X% against the previous year. Over the period under review, the road tractor for semi-trailer export price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2010 when the export price increased by X% against the previous year. Lithuania export price peaked at $X per unit in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Imports of Road Tractors For Semi-Trailers

Imports into Lithuania

In 2018, the amount of road tractors for semi-trailers imported into Lithuania amounted to X units, jumping by X% against the previous year. In general, road tractor for semi-trailer imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Lithuania imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, road tractor for semi-trailer imports totaled $X in 2018. Overall, road tractor for semi-trailer imports continue to indicate pronounced growth. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, road tractor for semi-trailer imports reached their maximum in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

The U.S. represented the major importing country with an import of about X units, which recorded X% of total imports. It was distantly followed by Canada (X units), mixing up an X% share of total imports. Poland (X units), Spain (X units), Italy (X units), Germany (X units), France (X units), Russia (X units), the Netherlands (X units), Belgium (X units), the UK (X units) and Ukraine (X units) held a minor share of total imports.

From 2007 to 2018, average annual rates of growth with regard to road tractor for semi-trailer imports into the U.S. stood at +X%. At the same time, Canada (+X%), Ukraine (+X%), the Netherlands (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Spain experienced a relatively flat trend pattern. By contrast, the UK (-X%), Italy (-X%), Germany (-X%), France (-X%), Belgium (-X%) and Russia (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.) and Canada (+X p.p.) significantly strengthened its position in terms of the global imports, while Russia saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported road tractors for semi-trailers into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. totaled +X%. In the other countries, the average annual rates were as follows: Canada (+X% per year) and Germany (+X% per year).

Import Prices by Country

The road tractor for semi-trailer import price in Lithuania stood at $X per unit in 2018, going down by -X% against the previous year. Over the period under review, the road tractor for semi-trailer import price continues to indicate a moderate reduction. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Lithuania import price peaked at $X per unit in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the UK ($X per unit), while Ukraine ($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 more modest paces of growth.

Source: IndexBox Platform