Lithuania - Dairy Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDairy Machinery Price in Lithuania - 2023
Contents:
- Dairy Machinery Price in Lithuania (CIF) - 2023
- Dairy Machinery Price in Lithuania (FOB) - 2022
- Dairy Machinery Imports in Lithuania
- Dairy Machinery Exports in Lithuania
Dairy Machinery Price in Lithuania (CIF) - 2023
In August 2023, the average dairy machinery import price amounted to $14,952 per unit, with a decrease of -20.8% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 147% m-o-m. As a result, import price reached the peak level of $37,993 per unit; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($29,677 per unit), while the price for France ($5,756 per unit) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Dairy Machinery Price in Lithuania (FOB) - 2022
The average dairy machinery export price stood at $10,611 per unit in 2022, declining by -51.1% against the previous year. Over the period under review, the export price saw a noticeable slump. The pace of growth was the most pronounced in 2014 an increase of 28% against the previous year. Over the period under review, the average export prices hit record highs at $29,879 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($33,766 per unit), while the average price for exports to Turkey ($584 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 (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.
Dairy Machinery Imports in Lithuania
Dairy machinery imports into Lithuania soared to 224 units in 2022, rising by 78% compared with 2021 figures. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 88% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, dairy machinery imports skyrocketed to $3.9M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 22%. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Dairy Machinery in Lithuania (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 99.6 | N/A | 77.3 | 1,244 | 132.0% |
France | 70.9 | 616 | 260 | 1,024 | 143.5% |
Italy | 1,305 | 979 | 2,349 | 610 | -22.4% |
Poland | 220 | 148 | 57.4 | 426 | 24.6% |
Czech Republic | 190 | 19.2 | 6.6 | 206 | 2.7% |
Denmark | 498 | 512 | 37.6 | 198 | -26.5% |
Netherlands | 123 | 1,479 | 36.2 | 30.8 | -37.0% |
Others | 689 | 139 | 497 | 162 | -38.3% |
Total | 3,195 | 3,892 | 3,320 | 3,901 | 6.9% |
Top Suppliers of Dairy Machinery to Lithuania in 2022:
- Germany (73.0 units)
- France (60.0 units)
- Poland (35.0 units)
- Italy (26.0 units)
- Czech Republic (15.0 units)
- Denmark (4.0 units)
- Netherlands (1.0 units)
Dairy Machinery Exports in Lithuania
In 2022, approx. 229 units of dairy machinery were exported from Lithuania; growing by 54% on the previous year's figure. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, dairy machinery exports shrank significantly to $2.4M in 2022. Overall, exports, however, faced a deep downturn. The smallest decline of -1.7% was in 2020. The exports peaked at $3.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Dairy Machinery in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 2,038 | 2,822 | 2,553 | 1,619 | -7.4% |
Belarus | 12.1 | 80.4 | 266 | 260 | 178.0% |
Georgia | N/A | N/A | N/A | 166 | 0% |
Kazakhstan | N/A | 154 | 331 | 98.6 | -20.0% |
Uzbekistan | 7.2 | 16.9 | 0.2 | 97.6 | 138.4% |
Turkey | N/A | N/A | N/A | 60.8 | 0% |
Latvia | 162 | 5.7 | 3.7 | 10.6 | -59.7% |
Kyrgyzstan | 539 | N/A | N/A | 5.3 | -78.6% |
United States | 630 | N/A | N/A | N/A | 0% |
Canada | N/A | 186 | N/A | N/A | 0% |
Others | 17.1 | 81.3 | 81.6 | 112 | 87.1% |
Total | 3,405 | 3,346 | 3,235 | 2,430 | -10.6% |
Top Export Markets for Dairy Machinery from Lithuania in 2022:
- Turkey (104.0 units)
- Russia (84.0 units)
- Georgia (13.0 units)
- Belarus (8.0 units)
- Kazakhstan (8.0 units)
- Uzbekistan (5.0 units)
- Kyrgyzstan (1.0 units)
- Latvia (1.0 units)
This report provides an in-depth analysis of the dairy machinery 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 28931200 - Dairy machinery (including homogenisers, irradiators, buttermaking machines, cheese-making machines)
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
This report provides an in-depth analysis of the dairy machinery market in Lithuania.
This report provides an in-depth analysis of the milking machine market in Lithuania.
This report provides an in-depth analysis of the global dairy machinery market.
This report provides an in-depth analysis of the global milking machine market.
This report provides an in-depth analysis of the dairy machinery market in Lithuania.
This report provides an in-depth analysis of the milking machine market in Lithuania.
This report provides an in-depth analysis of the global dairy machinery market.
This report provides an in-depth analysis of the global milking machine market.
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