Weaving Machines (Looms) Price in Lithuania - 2023

Contents:

  1. Weaving Machines (Looms) Price in Lithuania (CIF) - 2022
  2. Weaving Machines (Looms) Price in Lithuania (FOB) - 2022
  3. Weaving Machines (Looms) Imports in Lithuania
  4. Weaving Machines (Looms) Exports in Lithuania

Weaving Machines (Looms) Price in Lithuania (CIF) - 2022

The average weaving machines (looms) import price stood at $7,982 per unit in 2022, increasing by 146% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 448% against the previous year. Over the period under review, average import prices hit record highs at $37,733 per unit in 2015; however, from 2016 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 Italy ($16,108 per unit), while the price for China ($324 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.6%), while the prices for the other major suppliers experienced a decline.

Weaving Machines (Looms) Price in Lithuania (FOB) - 2022

The average weaving machines (looms) export price stood at $19,471 per unit in 2022, rising by 7.6% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 when the average export price increased by 684%. Over the period under review, the average export prices hit record highs at $34,682 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($306,038 per unit), while the average price for exports to Latvia ($1,148 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 Kyrgyzstan (+17,539.1%), while the prices for the other major destinations experienced more modest paces of growth.

Weaving Machines (Looms) Imports in Lithuania

Weaving machines (looms) imports into Lithuania surged to 313 units in 2022, growing by 37% compared with the year before. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 125%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, weaving machines (looms) imports skyrocketed to $2.5M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Weaving Machines (Looms) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy39.4N/A2871,772255.6%
Belgium571928285395-11.6%
FranceN/AN/AN/A3060%
China0.217.125.312.6297.9%
New Zealand12.76.410.210.1-7.4%
Germany659N/AN/AN/A0%
Taiwan (Chinese)N/AN/A50.3N/A0%
Others26.31.183.92.8-52.6%
Total1,3089527432,49924.1%

Top Suppliers of Weaving Machines (Looms) to Lithuania in 2022:

  1. France (114.0 units)
  2. Italy (110.0 units)
  3. China (39.0 units)
  4. Belgium (28.0 units)
  5. New Zealand (17.0 units)

Weaving Machines (Looms) Exports in Lithuania

In 2022, approx. 41 units of weaving machines (looms)s were exported from Lithuania; increasing by 128% against the year before. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, weaving machines (looms) exports skyrocketed to $798K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Weaving Machines (Looms) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan208N/AN/A44629.0%
ArmeniaN/AN/AN/A3060%
BulgariaN/AN/A19.327.442.0%
KyrgyzstanN/AN/AN/A16.20%
Latvia0.3N/AN/A2.397.2%
RussiaN/AN/A92.1N/A0%
Belarus11.2N/AN/AN/A0%
TurkeyN/AN/A214N/A0%
OthersN/AN/AN/AN/A0%
Total219N/A32679853.9%

Top Export Markets for Weaving Machines (Looms) from Lithuania in 2022:

  1. Uzbekistan (21.0 units)
  2. Bulgaria (13.0 units)
  3. Kyrgyzstan (4.0 units)
  4. Latvia (2.0 units)
  5. Armenia (1.0 units)

Source: IndexBox Market Intelligence Platform

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