Lithuania: Market for Pneumatic Or Hydraulic Hand Tools 2019

Market Size for Pneumatic Or Hydraulic Hand Tools in Lithuania

The revenue of the market for pneumatic or hydraulic hand tools in Lithuania amounted to $X in 2018, shrinking by -X% against the previous year. Over the period under review, consumption of pneumatic or hydraulic hand tools, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. In that year, the market for pneumatic or hydraulic hand tool reached its peak level of $X. From 2017 to 2018, the growth of the market for pneumatic or hydraulic hand tool failed to regain its momentum.

Production of Pneumatic Or Hydraulic Hand Tools in Lithuania

In value terms, production of pneumatic or hydraulic hand tools amounted to $X in 2018 estimated in export prices. Overall, production of pneumatic or hydraulic hand tools, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2009 when production volume increased by X% against the previous year. Over the period under review, production of pneumatic or hydraulic hand tools attained its maximum level at $X in 2017, and then declined slightly in the following year.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports from Lithuania

In 2018, the exports of pneumatic or hydraulic hand tools from Lithuania totaled X units, going up by X% against the previous year. Overall, exports of pneumatic or hydraulic hand tools, however, continue to indicate a moderate contraction. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Lithuania exports peaked at X units in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, exports of pneumatic or hydraulic hand tools stood at $X in 2018. Overall, exports of pneumatic or hydraulic hand tools, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports of pneumatic or hydraulic hand tools attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

China represented the key exporter of pneumatic or hydraulic hand tools in the world, with the volume of exports accounting for X units, which was approx. X% of total exports in 2018. Taiwan, Chinese (X units) ranks second in terms of the total exports with a X% share, followed by Singapore (X%), Italy (X%) and Germany (X%). The U.S. (X units), Mexico (X units), Japan (X units) and Sweden (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to pneumatic or hydraulic hand tool exports from China stood at +X%. At the same time, Singapore (+X%), Italy (+X%), Germany (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Sweden (-X%), the U.S. (-X%), Japan (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. China (+X p.p.), Singapore (+X p.p.) and Italy (+X p.p.) significantly strengthened its position in terms of the global exports, while Sweden, Japan, the U.S. and Taiwan, Chinese saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pneumatic or hydraulic hand tool markets from Lithuania were China ($X), Germany ($X) and Taiwan, Chinese ($X), with a combined X% share of total exports. The U.S., Sweden, Japan, Italy, Mexico, Singapore and Lithuania lagged somewhat behind, together comprising a further X the main exporting countries, Lithuania experienced 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 export price for pneumatic or hydraulic hand tools in Lithuania amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price for pneumatic or hydraulic hand tools continues to indicate prominent growth. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Lithuania export price peaked in 2018 and is likely to continue its growth in the immediate term.

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

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

Imports of Pneumatic Or Hydraulic Hand Tools

Imports into Lithuania

In 2018, the amount of pneumatic or hydraulic hand tools imported into Lithuania totaled X units, going up by X% against the previous year. Overall, imports of pneumatic or hydraulic hand tools, however, continue to indicate a drastic setback. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. In that year, imports of pneumatic or hydraulic hand tools reached their peak of X units. From 2017 to 2018, the growth of imports of pneumatic or hydraulic hand tools failed to regain its momentum.

In value terms, imports of pneumatic or hydraulic hand tools totaled $X in 2018. Overall, imports of pneumatic or hydraulic hand tools, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports of pneumatic or hydraulic hand tools reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

The U.S. represented the key importing country with an import of about X units, which recorded X% of total imports. Russia (X units) held the second position in the ranking, followed by Canada (X units) and Chile (X units). All these countries together held near X% share of total imports. The following importers - Australia (X units), France (X units), India (X units), Germany (X units), Brazil (X units), Mexico (X units), Singapore (X units) and New Zealand (X units) - together made up X% of total imports.

The U.S. experienced a relatively flat trend pattern of pneumatic or hydraulic hand tools imports. At the same time, Chile (+X%), India (+X%), New Zealand (+X%), Brazil (+X%), Russia (+X%), Singapore (+X%), Australia (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. France and Canada experienced a relatively flat trend pattern. By contrast, Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Chile, Russia, the U.S. and India increased by +X%, +X%, +X% and +X% percentage points, while Germany (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported pneumatic or hydraulic hand tools into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the U.S., imports of pneumatic or hydraulic hand tools increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2018, the import price for pneumatic or hydraulic hand tools in Lithuania amounted to $X per unit, going down by -X% against the previous year. Overall, the import price for pneumatic or hydraulic hand tools, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 when the import price increased by X% year-to-year. In that year, the import prices for pneumatic or hydraulic hand tools reached their peak level of $X per unit, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while Chile ($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.

Source: IndexBox Platform