Lithuania: Video Monitor Market 2020

Video Monitor Market Size in Lithuania

The revenue of the video monitor market in Lithuania amounted to $X in 2018, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, video monitor consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Lithuania video monitor consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Video Monitor Exports

Exports from Lithuania

Video monitor exports from Lithuania amounted to X units in 2018, reducing by -X% against the previous year. Overall, video monitor exports continue to indicate a deep decrease. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Lithuania exports peaked at X units in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, video monitor exports amounted to $X in 2018. Overall, video monitor exports continue to indicate a drastic descent. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, video monitor exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, China (X units) was the key exporter of video monitors, comprising X% of total exports. Japan (X units) occupied the second position in the ranking, followed by Mexico (X units), Hungary (X units) and the U.S. (X units). All these countries together took approx. X% share of total exports. South Korea (X units), the Netherlands (X units), the Czech Republic (X units), Singapore (X units), Thailand (X units), Vietnam (X units) and Ireland (X units) held a little share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Vietnam (+X%), Hungary (+X%), Ireland (+X%), Japan (+X%), Mexico (+X%), the U.S. (+X%), Singapore (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. South Korea experienced a relatively flat trend pattern. By contrast, Thailand (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. While the share of Japan (+X p.p.), Hungary (+X p.p.), Mexico (+X p.p.), Vietnam (+X p.p.) and the U.S. (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Thailand (-X p.p.), the Netherlands (-X p.p.) and China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in China stood at -X%. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Japan (+X% per year).

Export Prices by Country

The video monitor export price in Lithuania stood at $X per unit in 2018, increasing by X% against the previous year. Overall, the export price indicated prominent growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, video monitor export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. In that year, the export prices for video monitors reached 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 exporting countries. In 2018, the country with the highest price was Vietnam ($X per unit), while Ireland ($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 (+X% per year), while the other leaders experienced more modest paces of growth.

Video Monitor Imports

Imports into Lithuania

Video monitor imports into Lithuania stood at X units in 2018, shrinking by -X% against the previous year. Overall, video monitor imports continue to indicate a measured contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, video monitor imports reached their peak figure at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, video monitor imports stood at $X in 2018. Over the period under review, video monitor imports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Lithuania imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Mexico (X units), distantly followed by China (X units), the U.S. (X units), Russia (X units), Japan (X units), the Netherlands (X units) and Germany (X units) were the major importers of video monitors, together comprising X% of total imports. China, Hong Kong SAR (X units), Malaysia (X units), Thailand (X units), Turkey (X units) and India (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 Russia, while the other leaders experienced more modest paces of growth.

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

In the U.S., video monitor imports plunged by 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 Russia (+X% per year).

Import Prices by Country

In 2018, the video monitor import price in Lithuania amounted to $X per unit, growing by X% against the previous year. Over the period under review, the video monitor import price, however, continues to indicate a drastic setback. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. Lithuania import price peaked at $X per unit in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while China ($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 more modest paces of growth.

Source: IndexBox Platform