Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Lithuania - 2023

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Lithuania (CIF) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Lithuania (FOB) - 2023
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Lithuania
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Lithuania

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Lithuania (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $16,595 per ton, jumping by 65% against the previous year. Overall, the import price, however, continues to indicate a abrupt decline. The growth pace was the most rapid in 2015 when the average import price increased by 195%. The import price peaked at $31,555 per ton in 2012; however, from 2013 to 2022, 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 Spain ($46,946 per ton), while the price for Italy ($3,043 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.5%), while the prices for the other major suppliers experienced a decline.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Lithuania (FOB) - 2023

In September 2023, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $17,744 per ton, declining by -37.5% against the previous month. Overall, the export price continues to indicate a slight decrease. The growth pace was the most rapid in November 2022 when the average export price increased by 236% month-to-month. As a result, the export price attained the peak level of $130K per ton. From December 2022 to September 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Russia ($39,278 per ton), while the average price for exports to Turkey totaled $17,405 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Lithuania

In 2022, imports of machinery; parts of machinery for making or finishing paper or paperboard into Lithuania amounted to 275 tons, with an increase of 2.7% compared with the previous year. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 7.8% against the previous year.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard soared to $4.6M in 2022. Overall, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2911012472,20496.4%
Germany4913838175302.6%
Italy780681661459-16.2%
Poland34911173.5240-11.7%
Austria61.516795.217541.7%
Finland10014322916618.4%
Czech Republic1501051151561.3%
Russia80.685.791.734.1-24.9%
Others4635293705968.8%
Total2,7672,3042,7004,56118.1%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Lithuania in 2022:

  1. Italy (150.7 tons)
  2. Spain (46.9 tons)
  3. Poland (24.7 tons)
  4. Germany (15.3 tons)
  5. Czech Republic (9.7 tons)
  6. Austria (6.6 tons)
  7. Russia (4.5 tons)
  8. Finland (3.3 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Lithuania

In 2022, exports of machinery; parts of machinery for making or finishing paper or paperboard from Lithuania was estimated at 57 tons, surging by 7.7% against 2021 figures. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard surged to $2.8M in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,1948101,2882,71331.5%
Turkey44.860.8N/A33.1-9.6%
Belarus15.611113916.51.9%
NorwayN/A112N/AN/A0%
Others16668.654.518.3-52.1%
Total1,4201,1621,4822,78125.1%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Lithuania in 2022:

  1. Russia (55.5 tons)
  2. Belarus (0.6 tons)
  3. Turkey (0.1 tons)

Source: IndexBox Market Intelligence Platform

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