Report Update: May 1, 2024

Lithuania - Non-Numerically Controlled Horizontal Lathes, For Removing Metal - Market Analysis, Forecast, Size, Trends And Insights

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Non-Numerically Controlled Lathe Price in Lithuania - 2023

Non-Numerically Controlled Lathe Price in Lithuania (FOB) - 2022

In 2022, the average non-numerically controlled lathe export price amounted to $20,441 per unit, growing by 195% against the previous year. Overall, the export price posted a moderate expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($57,381 per unit), while the average price for exports to Ukraine ($2,249 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Numerically Controlled Lathe Price in Lithuania (CIF) - 2022

In 2022, the average non-numerically controlled lathe import price amounted to $17,047 per unit, rising by 34% against the previous year. Overall, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 224%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($49,082 per unit), while the price for Ireland ($421 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+277.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Numerically Controlled Lathe Exports in Lithuania

Non-numerically controlled lathe exports from Lithuania skyrocketed to 39 units in 2022, with an increase of 22% against the year before. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 106%. Over the period under review, the non-numerically controlled laexports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, non-numerically controlled lathe exports surged to $797K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Non-Numerically Controlled Lathe in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Serbia	N/A	N/A	N/A	222	0%
Turkey	N/A	N/A	N/A	205	0%
Kazakhstan	N/A	0.2	N/A	177	2874.9%
Armenia	N/A	N/A	N/A	115	0%
Kyrgyzstan	N/A	N/A	N/A	39.7	0%
Russia	238	154	78.7	25.0	-52.8%
Latvia	13.0	12.1	44.8	11.5	-4.0%
Ukraine	N/A	32.2	16.8	2.2	-73.9%
Uzbekistan	N/A	N/A	50.9	N/A	0%
Mexico	4.3	N/A	N/A	N/A	0%
Estonia	N/A	23.2	N/A	N/A	0%
Iran	N/A	N/A	9.6	N/A	0%
Belarus	10.1	14.7	5.9	N/A	-23.6%
Others	8.9	17.8	14.7	N/A	28.5%
Total	275	254	221	797	42.6%

Top Export Markets for Non-Numerically Controlled Lathe from Lithuania in 2022:

Turkey (15.0 units)
Serbia (11.0 units)
Kazakhstan (4.0 units)
Kyrgyzstan (3.0 units)
Latvia (2.0 units)
Armenia (2.0 units)
Ukraine (1.0 units)
Russia (1.0 units)

Non-Numerically Controlled Lathe Imports in Lithuania

In 2022, the amount of non-numerically controlled horizontal lathes, for removing metal imported into Lithuania contracted rapidly to 31 units, waning by -16.2% against the previous year. Over the period under review, imports showed a pronounced decrease. The pace of growth was the most pronounced in 2021 when imports increased by 95%. As a result, imports reached the peak of 37 units, and then declined dramatically in the following year.

In value terms, non-numerically controlled lathe imports rose significantly to $528K in 2022. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 83% against the previous year. Over the period under review, non-numerically controlled laimports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Non-Numerically Controlled Lathe in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	0.3	166	221	269	864.3%
Italy	N/A	N/A	N/A	147	0%
Taiwan (Chinese)	N/A	N/A	9.4	30.9	228.7%
Poland	10.1	0.5	4.5	29.0	42.1%
Austria	9.2	2.3	17.9	19.2	27.8%
Switzerland	N/A	11.0	4.8	15.8	19.8%
Estonia	15.6	19.0	22.0	5.3	-30.2%
Sweden	5.7	N/A	1.1	3.2	-17.5%
United Kingdom	N/A	N/A	63.0	3.1	-95.1%
Czech Republic	114	N/A	N/A	2.8	-70.9%
Netherlands	N/A	N/A	N/A	2.4	0%
Ireland	N/A	N/A	N/A	0.4	0%
Russia	129	19.1	78.6	N/A	-21.9%
Others	75.8	40.4	49.4	N/A	-19.3%
Total	360	258	471	528	13.6%

Top Suppliers of Non-Numerically Controlled Lathe to Lithuania in 2022:

Germany (14.0 units)
Poland (4.0 units)
Italy (3.0 units)
Austria (2.0 units)
Netherlands (1.0 units)
Estonia (1.0 units)
Taiwan (Chinese) (1.0 units)
Sweden (1.0 units)
United Kingdom (1.0 units)
Ireland (1.0 units)
Switzerland (1.0 units)
Czech Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-numerically controlled lathe 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 28412140 - Non-numerically controlled horizontal lathes, for removing metal

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