Lithuania: Threshing Machinery Market 2020

Threshing Machinery Market Size in Lithuania

The revenue of the threshing machinery market in Lithuania amounted to $X in 2018, falling by -X% against the previous year. Over the period under review, threshing machinery consumption continues to indicate a mild descent. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. In that year, the threshing machinery market attained its peak level of $X. From 2015 to 2018, the growth of the threshing machinery market failed to regain its momentum.

Threshing Machinery Production in Lithuania

In value terms, threshing machinery production stood at $X in 2018 estimated in export prices. Over the period under review, threshing machinery production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when production volume increased by X% y-o-y. In that year, threshing machinery production attained its peak level of $X. From 2015 to 2018, threshing machinery production growth remained at a somewhat lower figure.

Threshing Machinery Exports

Exports from Lithuania

Threshing machinery exports from Lithuania stood at X units in 2018, falling by -X% against the previous year. In general, threshing machinery exports continue to indicate a drastic slump. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. Lithuania exports peaked at X units in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, threshing machinery exports amounted to $X in 2018. Over the period under review, threshing machinery exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Lithuania exports peaked at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

Exports by Country

Brazil represented the key exporting country with an export of about X units, which finished at X% of total exports. China (X units) took the second position in the ranking, distantly followed by Italy (X units) and India (X units). All these countries together occupied approx. X% share of total exports. The following exporters - Turkey (X units), Belarus (X units) and Uganda (X units) - together made up X% 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 Uganda (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest threshing machinery markets from Lithuania were Belarus ($X), Italy ($X) and Brazil ($X), with a combined X% share of total exports. These countries were followed by Turkey, China, India, Lithuania and Uganda, which together accounted for a further X terms of the main exporting countries, Uganda recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the threshing machinery export price in Lithuania amounted to $X per unit, going up by X% against the previous year. Overall, the threshing machinery export price continues to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. Lithuania export price peaked in 2018 and is expected to retain its growth in the immediate term.

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

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

Threshing Machinery Imports

Imports into Lithuania

Threshing machinery imports into Lithuania totaled X units in 2018, shrinking by -X% against the previous year. Overall, threshing machinery imports continue to indicate a drastic contraction. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. In that year, threshing machinery imports attained their peak of X units. From 2014 to 2018, the growth of threshing machinery imports remained at a lower figure.

In value terms, threshing machinery imports totaled $X in 2018. Over the period under review, threshing machinery imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. In that year, threshing machinery imports reached their peak of $X. From 2014 to 2018, the growth of threshing machinery imports remained at a somewhat lower figure.

Imports by Country

Nepal was the major importing country with an import of about X units, which finished at X% of total imports. Russia (X units) held the second position in the ranking, followed by Panama (X units). All these countries together took approx. X% share of total imports. Ethiopia (X units), Djibouti (X units), Lao People's Democratic Republic (X units), Thailand (X units), Ukraine (X units) and Democratic People's Republic of Korea (X units) followed a long way behind the leaders.

Imports into Nepal increased at an average annual rate of +X% from 2007 to 2018. At the same time, Panama (+X%), Ethiopia (+X%), Djibouti (+X%), Thailand (+X%), Russia (+X%), Lao People's Democratic Republic (+X%), Democratic People's Republic of Korea (+X%) and Ukraine (+X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Nepal (+X p.p.), Russia (+X p.p.), Panama (+X p.p.), Ethiopia (+X p.p.), Djibouti (+X p.p.), Lao People's Democratic Republic (+X p.p.) and Thailand (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ukraine ($X), Russia ($X) and Nepal ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

Nepal recorded the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The threshing machinery import price in Lithuania stood at $X per unit in 2018, jumping by X% against the previous year. In general, the threshing machinery import price continues to indicate a skyrocketing expansion. The growth pace was the most rapid in 2018 an increase of X% y-o-y. In that year, the import prices for threshing machinery except combine harvester-threshers attained their peak level and is likely to continue its growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform