Lithuania: Seeder And Planter Market 2020

Seeder And Planter Market Size in Lithuania

The revenue of the seeder and planter market in Lithuania amounted to $X in 2018, jumping by X% against the previous year. In general, seeder and planter consumption continues to indicate remarkable growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. In that year, the seeder and planter market attained its peak level of $X. From 2009 to 2018, the growth of the seeder and planter market remained at a lower figure.

Seeder And Planter Production in Lithuania

In value terms, seeder and planter production totaled $X in 2018 estimated in export prices. In general, seeder and planter production continues to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2012 when production volume increased by X% against the previous year. Lithuania seeder and planter production peaked in 2018 and is expected to retain its growth in the immediate term.

Seeder And Planter Exports

Exports from Lithuania

Seeder and planter exports from Lithuania stood at X units in 2018, lowering by -X% against the previous year. Overall, seeder and planter exports, however, continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, seeder and planter exports reached their peak figure at X units in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, seeder and planter exports totaled $X in 2018. Overall, seeder and planter exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Lithuania exports peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

China represented the major exporting country with an export of about X units, which accounted for X% of total exports. Germany (X units) occupied an X% share (based on tons) of total exports, which put it in second place, followed by the U.S. (X%). Italy (X units), France (X units), Mexico (X units), Canada (X units), Poland (X units), South Africa (X units), Taiwan, Chinese (X units), Sweden (X units) and Ukraine (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to seeder and planter exports from China stood at +X%. At the same time, Taiwan, Chinese (+X%), South Africa (+X%), France (+X%), Germany (+X%), Sweden (+X%), Ukraine (+X%), Italy (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Taiwan, Chinese emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Poland experienced a relatively flat trend pattern. By contrast, Canada (-X%) and Mexico (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Germany, France, Taiwan, Chinese and South Africa increased by +X%, +X%, +X%, +X% and +X% percentage points, while Canada (-X p.p.) and Mexico (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest seeder and planter markets from Lithuania were Germany ($X), the U.S. ($X) and Italy ($X), together comprising X% of total exports. These countries were followed by China, Sweden, France, Canada, Ukraine, Mexico, Poland, Lithuania, Taiwan, Chinese and South Africa, which together accounted for a further X terms of the main exporting countries, China experienced 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

The seeder and planter export price in Lithuania stood at $X per unit in 2018, coming down by -X% against the previous year. Over the period under review, the seeder and planter export price continues to indicate a deep descent. The pace of growth appeared the most rapid in 2008 when the export price increased by X% year-to-year. Over the period under review, the export prices for seeders, planters, transplanters attained their maximum at $X per unit in 2014; however, from 2015 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 the U.S. ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced mixed trends in the export price figures.

Seeder And Planter Imports

Imports into Lithuania

Seeder and planter imports into Lithuania stood at X units in 2018, growing by X% against the previous year. In general, seeder and planter imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. In that year, seeder and planter imports attained their peak of X units. From 2009 to 2018, the growth of seeder and planter imports remained at a lower figure.

In value terms, seeder and planter imports totaled $X in 2018. Overall, seeder and planter imports continue to indicate a dramatic deduction. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. In that year, seeder and planter imports attained their peak of $X. From 2009 to 2018, the growth of seeder and planter imports failed to regain its momentum.

Imports by Country

In 2018, the U.S. (X units), distantly followed by the UK (X units), Poland (X units), India (X units) and Canada (X units) represented the major importers of seeders, planters, transplanters, together achieving X% of total imports. The Czech Republic (X units), Guatemala (X units), Uruguay (X units), France (X units), Russia (X units), Sweden (X units) and Italy (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest seeder and planter importing markets into Lithuania were Canada ($X), Uruguay ($X) and Russia ($X), with a combined X% share of total imports.

Uruguay recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the seeder and planter import price in Lithuania amounted to $X per unit, declining by -X% against the previous year. In general, the seeder and planter import price continues to indicate a dramatic decline. The growth pace was the most rapid in 2013 an increase of X% year-to-year. Over the period under review, the import prices for seeders, planters, transplanters reached their maximum at $X per unit in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Uruguay ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform