Lithuania: Static Converter Market 2020

Static Converter Market Size in Lithuania

The revenue of the static converter market in Lithuania amounted to $X in 2018, surging by X% against the previous year. Overall, static converter consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Over the period under review, the static converter market reached its peak figure level at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Static Converter Production in Lithuania

In value terms, static converter production stood at $X in 2018 estimated in export prices. In general, static converter production continues to indicate an abrupt decrease. The growth pace was the most rapid in 2011 when production volume increased by X% against the previous year. In that year, static converter production attained its peak level of $X. From 2012 to 2018, static converter production growth remained at a somewhat lower figure.

Static Converter Exports

Exports from Lithuania

In 2018, the static converter exports from Lithuania amounted to X units, going up by X% against the previous year. In general, static converter exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, static converter exports reached their maximum at X units in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, static converter exports totaled $X in 2018. In general, static converter exports continue to indicate resilient growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, static converter exports reached their peak figure at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

China represented the main exporter of static converters in the world, with the volume of exports resulting at X units, which was approx. X% of total exports in 2018. It was distantly followed by China, Hong Kong SAR (X units), constituting a X% share of total exports. Singapore (X units), Taiwan, Chinese (X units), Japan (X units), Vietnam (X units), the Philippines (X units) and Malaysia (X units) occupied a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest static converter supplier from Lithuania, comprising X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China, Hong Kong SAR (+X% per year) and Japan (+X% per year).

Export Prices by Country

The static converter export price in Lithuania stood at $X per unit in 2018, going up by X% against the previous year. Over the period under review, the static converter export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Lithuania export price peaked at $X per unit in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Philippines ($X per unit), while China, Hong Kong SAR ($X per unit) was amongst the lowest.

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

Static Converter Imports

Imports into Lithuania

In 2018, the static converter imports into Lithuania stood at X units, jumping by X% against the previous year. In general, static converter imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, static converter imports attained their maximum at X units in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, static converter imports totaled $X in 2018. In general, static converter imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, static converter imports attained their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

China, Hong Kong SAR (X units) and China (X units) represented the main importers of static converters in 2018, recording near X% and X% of total imports, respectively. It was distantly followed by the U.S. (X units), Singapore (X units), India (X units) and Mozambique (X units), together comprising a X% share of total imports. Mexico (X units), Brazil (X units) and Malaysia (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 Mozambique (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported static converters into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

In the U.S., static converter imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: China (+X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

In 2018, the static converter import price in Lithuania amounted to $X per unit, reducing by -X% against the previous year. In general, the static converter import price, however, continues to indicate moderate growth. The most prominent rate of growth was recorded in 2008 when the import price increased by X% against the previous year. Lithuania import price peaked at $X per unit in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while Mozambique ($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 U.S., while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform