Concrete Mixer Price in Lithuania - 2023

Contents:

  1. Concrete Mixer Price in Lithuania (CIF) - 2022
  2. Concrete Mixer Price in Lithuania (FOB) - 2022
  3. Concrete Mixer Imports in Lithuania
  4. Concrete Mixer Exports in Lithuania

Concrete Mixer Price in Lithuania (CIF) - 2022

The average concrete mixer import price stood at $636 per unit in 2022, dropping by -5.3% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete mixer import price decreased by -11.8% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 69%. As a result, import price reached the peak level of $899 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($933 per unit), while the price for Belarus ($202 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Concrete Mixer Price in Lithuania (FOB) - 2022

In 2022, the average concrete mixer export price amounted to $558 per unit, reducing by -13.3% against the previous year. Overall, the export price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2015 an increase of 18% against the previous year. The export price peaked at $1,090 per unit in 2016; however, from 2017 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 Russia ($992 per unit), while the average price for exports to Kyrgyzstan ($79 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 Estonia (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Mixer Imports in Lithuania

Concrete mixer imports into Lithuania expanded notably to 6.5K units in 2022, increasing by 14% on the previous year's figure. In general, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 103%. As a result, imports reached the peak of 9.5K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, concrete mixer imports rose rapidly to $4.1M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 220% against the previous year. As a result, imports attained the peak of $6.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Concrete Mixer in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6124,5141,4641,46133.6%
Poland1762532951,16587.8%
China5075188315683.9%
Latvia33324117245911.3%
Italy4.5850303179241.4%
Estonia10.714.018.0173152.9%
BelarusN/AN/A0.841.25050.0%
Turkey3822375.5N/A-88.0%
Others12223273071.5-16.3%
Total2,1476,8593,8194,11724.2%

Top Suppliers of Concrete Mixer to Lithuania in 2022:

  1. Germany (1902.0 units)
  2. Poland (1692.0 units)
  3. China (1430.0 units)
  4. Latvia (724.0 units)
  5. Estonia (216.0 units)
  6. Belarus (204.0 units)
  7. Italy (192.0 units)

Concrete Mixer Exports in Lithuania

In 2022, overseas shipments of concrete or mortar mixers decreased by -32.6% to 1.5K units, falling for the second consecutive year after two years of growth. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 292%. As a result, the exports reached the peak of 2.2K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, concrete mixer exports shrank rapidly to $818K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 290%. As a result, the exports reached the peak of $1.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Concrete Mixer in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia17550342830019.7%
Russia16490364829121.1%
Latvia21.456.510686.059.0%
Belarus23.018678.030.29.5%
KazakhstanN/A32.210.329.2-4.8%
Kyrgyzstan0.1N/A1.520.4488.7%
Others69.485.312761.5-3.9%
Total4531,7651,39981821.8%

Top Export Markets for Concrete Mixer from Lithuania in 2022:

  1. Estonia (350.0 units)
  2. Russia (293.0 units)
  3. Kyrgyzstan (258.0 units)
  4. Latvia (190.0 units)
  5. Belarus (183.0 units)
  6. Kazakhstan (112.0 units)

Source: IndexBox Market Intelligence Platform

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