Lithuania - Handtools, Hydraulic Or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Motor Handtools Price in Lithuania - 2023
Contents:
- Non-Electric Motor Handtools Price in Lithuania (CIF) - 2022
- Non-Electric Motor Handtools Price in Lithuania (FOB) - 2022
- Non-Electric Motor Handtools Imports in Lithuania
- Non-Electric Motor Handtools Exports in Lithuania
Non-Electric Motor Handtools Price in Lithuania (CIF) - 2022
In 2022, the average non-electric motor handtools import price amounted to $231 per unit, surging by 5.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 10%. As a result, import price attained the peak level of $268 per unit. From 2014 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 the Netherlands ($522 per unit), while the price for China ($115 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electric Motor Handtools Price in Lithuania (FOB) - 2022
The average non-electric motor handtools export price stood at $273 per unit in 2022, shrinking by -36.9% against the previous year. Overall, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2019 an increase of 57%. The export price peaked at $491 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
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 Belarus ($1,286 per unit), while the average price for exports to Iceland ($48 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 (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Motor Handtools Imports in Lithuania
In 2022, the amount of handtools, hydraulic or with a self-contained non-electric motor imported into Lithuania surged to 55K units, with an increase of 24% on 2021 figures. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 57%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, non-electric motor handtools imports soared to $13M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 38%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
Import of Non-Electric Motor Handtools in Lithuania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.5 | 1.9 | 2.5 | 4.4 | 43.1% |
China | 0.7 | 1.4 | 2.3 | 3.0 | 62.4% |
Netherlands | 0.5 | 1.3 | 0.2 | 1.1 | 30.1% |
United States | 0.6 | 0.4 | 0.6 | 1.1 | 22.4% |
Sweden | 0.8 | 1.2 | 1.2 | 1.1 | 11.2% |
Estonia | 0.4 | 0.4 | 0.7 | 0.8 | 26.0% |
Poland | 0.1 | 0.3 | 0.5 | 0.3 | 44.2% |
Latvia | 0.1 | 0.3 | 0.3 | 0.3 | 44.2% |
Others | 1.5 | 1.4 | 1.5 | 0.7 | -22.4% |
Total | 6.3 | 8.6 | 9.7 | 12.7 | 26.3% |
Top Suppliers of Non-Electric Motor Handtools to Lithuania in 2022:
- China (25.9K units)
- Germany (11.0K units)
- Estonia (3.3K units)
- United States (3.2K units)
- Sweden (2.5K units)
- Latvia (2.3K units)
- Netherlands (2.2K units)
- Poland (1.9K units)
Non-Electric Motor Handtools Exports in Lithuania
In 2022, approx. 18K units of handtools, hydraulic or with a self-contained non-electric motor were exported from Lithuania; growing by 99% compared with the previous year. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-electric motor handtools exports skyrocketed to $5M in 2022. The total export value increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 27%. The exports peaked in 2022 and are likely to continue growth in the near future.
Export of Non-Electric Motor Handtools in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1,160 | 1,915 | 1,912 | 1,497 | 8.9% |
Latvia | 941 | 964 | 1,333 | 1,434 | 15.1% |
Norway | 31.4 | 68.9 | 101 | 1,067 | 223.9% |
Kazakhstan | 933 | 103 | 43.5 | 134 | -47.6% |
Estonia | 137 | 32.5 | 59.9 | 126 | -2.8% |
Finland | 4.4 | 5.1 | 5.0 | 73.8 | 156.0% |
Belarus | 393 | 1,109 | 343 | 66.9 | -44.6% |
Poland | 1.0 | 73.6 | 2.3 | 35.0 | 227.1% |
Iceland | 0.1 | 0.8 | 4.3 | 13.2 | 409.2% |
Others | 70.3 | 383 | 178 | 559 | 99.6% |
Total | 3,671 | 4,655 | 3,981 | 5,007 | 10.9% |
Top Export Markets for Non-Electric Motor Handtools from Lithuania in 2022:
- Norway (8.0K units)
- Latvia (5.6K units)
- Russia (1.7K units)
- Estonia (1.0K units)
- Poland (0.4K units)
- Finland (0.4K units)
- Iceland (0.3K units)
- Belarus (0.1K units)
- Kazakhstan (0.1K units)
This report provides an in-depth analysis of the non-electric motor handtools 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 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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