Electric Rotary Converter Price in Lithuania - 2023

Contents:

  1. Electric Rotary Converter Price in Lithuania (CIF) - 2022
  2. Electric Rotary Converter Price in Lithuania (FOB) - 2022
  3. Electric Rotary Converter Imports in Lithuania
  4. Electric Rotary Converter Exports in Lithuania

Electric Rotary Converter Price in Lithuania (CIF) - 2022

In 2022, the average electric rotary converter import price amounted to $272 per unit, dropping by -65.7% against the previous year. In general, the import price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 280%. Over the period under review, average import prices hit record highs at $795 per unit in 2021, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($398 per unit), while the price for Germany ($199 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+47.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Rotary Converter Price in Lithuania (FOB) - 2022

In 2022, the average electric rotary converter export price amounted to $650 per unit, with an increase of 25% against the previous year. In general, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2016 an increase of 473% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,533 per unit in 2017; however, from 2018 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 Germany ($5,127 per unit), while the average price for exports to Russia ($428 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 Germany (+51.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Rotary Converter Imports in Lithuania

In 2022, the amount of electric rotary converters imported into Lithuania skyrocketed to 8.5K units, jumping by 3,196% on 2021. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric rotary converter imports soared to $2.3M in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Electric Rotary Converter in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/A0.7797113757.1%
ItalyN/AN/A29.45641818.4%
Czech Republic1.50.50.2537610.1%
Germany10159.686.834550.6%
Spain67.424.340.7N/A-22.3%
Others13.111.646.563.369.1%
Total18396.22042,307132.7%

Top Suppliers of Electric Rotary Converter to Lithuania in 2022:

  1. Poland (2.8K units)
  2. Czech Republic (2.4K units)
  3. Germany (1.7K units)
  4. Italy (1.4K units)

Electric Rotary Converter Exports in Lithuania

For the third year in a row, Lithuania recorded decline in shipments abroad of electric rotary converters, which decreased by -7.6% to 110 units in 2022. Over the period under review, exports continue to indicate a dramatic descent. Over the period under review, the exports hit record highs at 495 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, electric rotary converter exports surged to $71K in 2022. Overall, exports recorded a abrupt decrease. The exports peaked at $97K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Electric Rotary Converter in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/AN/A38.00%
NorwayN/AN/AN/A5.60%
Russia74.728.642.15.2-58.9%
Estonia8.41.90.35.0-15.9%
FinlandN/AN/AN/A2.70%
Belarus10.73.74.41.7-45.8%
China1.00.59.2N/A203.3%
KazakhstanN/A24.30.1N/A-99.6%
Others2.68.66.013.472.7%
Total97.467.562.171.5-9.8%

Top Export Markets for Electric Rotary Converter from Lithuania in 2022:

  1. Ukraine (77.0 units)
  2. Russia (12.0 units)
  3. Norway (8.0 units)
  4. Estonia (4.0 units)
  5. Belarus (2.0 units)
  6. Finland (2.0 units)

Source: IndexBox Market Intelligence Platform

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