Report Update: May 1, 2024

Lithuania - Draw-Benches For Bars, Tubes, Profiles, Wire Or The Like - Market Analysis, Forecast, Size, Trends And Insights

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Bar Draw-Bench Price in Lithuania - 2023

Bar Draw-Bench Price in Lithuania (CIF) - 2022

The average bar draw-bench import price stood at $32,503 per unit in 2022, surging by 56% against the previous year. Overall, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 739% against the previous year. As a result, import price reached the peak level of $60,768 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($44,205 per unit), while the price for the UK ($4,708 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+54.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Bar Draw-Bench Price in Lithuania (FOB) - 2022

In 2022, the average bar draw-bench export price amounted to $18,966 per unit, waning by -30.2% against the previous year. In general, the export price faced a abrupt contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 1,132% against the previous year. The export price peaked at $102,168 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($20,403 per unit), while the average price for exports to Switzerland totaled $285 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+96.6%), while the prices for the other major destinations experienced more modest paces of growth.

Bar Draw-Bench Imports in Lithuania

In 2022, supplies from abroad of draw-benches for bars, tubes, profiles, wire or the like decreased by -18.2% to 9 units, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 113% against the previous year. As a result, imports reached the peak of 32 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, bar draw-bench imports surged to $293K in 2022. Over the period under review, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 365%. As a result, imports reached the peak of $1M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Bar Draw-Bench in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	176	949	82.8	265	14.6%
Poland	10.8	30.0	69.3	16.1	14.2%
Estonia	N/A	N/A	N/A	6.5	0%
United Kingdom	N/A	N/A	0.4	4.7	1075.0%
Germany	31.8	36.2	N/A	N/A	13.8%
Others	0.2	2.9	76.6	N/A	1857.0%
Total	219	1,018	229	293	10.2%

Top Suppliers of Bar Draw-Bench to Lithuania in 2022:

Italy (6.0 units)
United Kingdom (1.0 units)
Poland (1.0 units)
Estonia (1.0 units)

Bar Draw-Bench Exports in Lithuania

Bar draw-bench exports from Lithuania surged to 14 units in 2022, growing by 250% compared with 2021 figures. Overall, exports, however, showed a deep slump. The exports peaked at 18 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, bar draw-bench exports skyrocketed to $266K in 2022. In general, exports enjoyed a slight increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Bar Draw-Bench in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Uzbekistan	N/A	N/A	N/A	265	0%
Switzerland	N/A	N/A	N/A	0.3	0%
Russia	241	86.9	108	N/A	-33.1%
Norway	0.4	0.3	0.6	N/A	22.5%
Latvia	0.7	N/A	N/A	N/A	0%
Estonia	0.7	0.7	N/A	N/A	0.0%
Belarus	12.2	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	255	87.9	109	266	1.4%

Top Export Markets for Bar Draw-Bench from Lithuania in 2022:

Uzbekistan (13.0 units)
Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bar draw-bench market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28413410 - Draw-benches for bars, tubes, profiles, wire or the like of metal, sintered metal carbides or cermets

Country coverage:

Lithuania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Lithuania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023