Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Lithuania - 2023

Contents:

  1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Lithuania (FOB) - 2022
  2. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Lithuania (CIF) - 2022
  3. Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Lithuania
  4. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Lithuania

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Lithuania (FOB) - 2022

In 2022, the average export price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $1,720,315 per unit, shrinking by -56% against the previous year. Over the period under review, the export price recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 251,866% against the previous year. The export price peaked at $25,151,012 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,977,694 per unit), while the average price for exports to India ($11,847 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 Kazakhstan (+17.3%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Lithuania (CIF) - 2022

In 2022, the average import price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $171,405 per unit, jumping by 721% against the previous year. In general, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 3,248% against the previous year. As a result, import price attained the peak level of $2,289,294 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +7.5% per year.

Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Lithuania

Exports of vessels; other, including warships and lifeboats, other than rowing boatses from Lithuania stood at 3 units in 2022, remaining relatively unchanged against 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 50%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses contracted dramatically to $5.2M in 2022. Over the period under review, exports showed a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 29% against the previous year. As a result, the exports attained the peak of $15M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A5.55.0-9.1%
KazakhstanN/AN/AN/A0.20%
Norway2.1N/AN/AN/A0%
SwedenN/AN/A6.3N/A0%
IndiaN/AN/AN/AN/A0%
DenmarkN/A15.0N/AN/A0%
Faroe Islands9.5N/AN/AN/A0%
BelarusN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total11.615.011.75.2-23.5%

Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from Lithuania in 2022:

  1. Germany (1.0 units)
  2. Kazakhstan (1.0 units)
  3. India (1.0 units)

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Lithuania

In 2022, the amount of vessels; other, including warships and lifeboats, other than rowing boatses imported into Lithuania shrank rapidly to 1 units, reducing by -50% on the previous year's figure. Over the period under review, imports saw a dramatic contraction. Over the period under review, imports of hit record highs at 2 units in 2021, and then reduced remarkably in the following year.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses surged to $171K in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 840%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A1710%
SpainN/A3.1N/AN/A0%
China62.71.339.3N/A-20.8%
United KingdomN/AN/A2.4N/A0%
United States10.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total73.04.441.817132.8%

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to Lithuania in 2022:

  1. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform

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