Lithuania - Non-Numerically Controlled Drilling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Lithuania - Non-Numerically Controlled Drilling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Numerically Controlled Drilling Machine in Lithuania - 2023

Contents:

  1. Price for Non-Numerically Controlled Drilling Machine in Lithuania (CIF) - 2022
  2. Price for Non-Numerically Controlled Drilling Machine in Lithuania (FOB) - 2022
  3. Imports of Non-Numerically Controlled Drilling Machine in Lithuania
  4. Exports of Non-Numerically Controlled Drilling Machine in Lithuania

Price for Non-Numerically Controlled Drilling Machine in Lithuania (CIF) - 2022

In 2022, the average non-numerically controlled drilling machine import price amounted to $438 per unit, declining by -51.4% against the previous year. Overall, the import price, however, continues to indicate a mild expansion. The growth pace was the most rapid in 2017 an increase of 149% against the previous year. As a result, import price attained the peak level of $1,012 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($2,737 per unit), while the price for China ($127 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+36.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Numerically Controlled Drilling Machine in Lithuania (FOB) - 2022

In 2022, the average non-numerically controlled drilling machine export price amounted to $1,027 per unit, with a decrease of -40.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 45%. The export price peaked at $1,809 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($2,698 per unit), while the average price for exports to Estonia ($552 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 the UK (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Drilling Machine in Lithuania

In 2022, purchases abroad of non-numerically controlled drilling machines for working metal was finally on the rise to reach 3.5K units for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled drilling machine imports reduced to $1.5M in 2022. Over the period under review, imports, however, showed a mild setback. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Non-Numerically Controlled Drilling Machine in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland9321,089645460-21.0%
Germany33763.92343783.9%
China39.7151106322100.9%
Italy45.015947.023573.5%
Czech Republic13112841647.8-28.5%
Estonia22.826.630.536.216.7%
Denmark27.623.743.021.9-7.4%
Latvia74.815.825.412.7-44.6%
Others9.561914834.954.3%
Total1,6202,2751,6961,548-1.5%

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

  1. China (2534.0 units)
  2. Germany (521.0 units)
  3. Poland (168.0 units)
  4. Italy (109.0 units)
  5. Estonia (105.0 units)
  6. Denmark (39.0 units)
  7. Latvia (28.0 units)
  8. Czech Republic (6.0 units)

Exports of Non-Numerically Controlled Drilling Machine in Lithuania

In 2022, shipments abroad of non-numerically controlled drilling machines for working metal decreased by -19.3% to 616 units, falling for the second year in a row after two years of growth. Overall, exports, however, showed a notable increase. The most prominent rate of growth was recorded in 2020 with an increase of 98% against the previous year. As a result, the exports attained the peak of 1.1K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-numerically controlled drilling machine exports fell significantly to $633K in 2022. In general, exports recorded a deep setback. The growth pace was the most rapid in 2020 when exports increased by 103% against the previous year. As a result, the exports reached the peak of $1.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Non-Numerically Controlled Drilling Machine in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia9.1261137247200.5%
Latvia17.423361711688.2%
Russia4391,047408100-38.9%
SerbiaN/AN/AN/A53.60%
United KingdomN/AN/A0.917.01788.9%
United StatesN/AN/A33.27.2-78.3%
Finland1191.724.31.8-75.3%
Poland188N/AN/AN/A0%
Others53.313797.490.219.2%
Total8261,6791,317633-8.5%

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

  1. Estonia (447.0 units)
  2. Latvia (43.0 units)
  3. Russia (42.0 units)
  4. Serbia (39.0 units)
  5. United Kingdom (16.0 units)
  6. Finland (5.0 units)
  7. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-numerically controlled drilling machine 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 28412235 - Non-numerically controlled drilling machines for working metal (excluding way-type unit head machines)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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