Files and Rasps Price in Lithuania - 2023
Contents:
- Files and Rasps Price in Lithuania (CIF) - 2022
- Files and Rasps Price in Lithuania (FOB) - 2022
- Files and Rasps Imports in Lithuania
- Files and Rasps Exports in Lithuania
Files and Rasps Price in Lithuania (CIF) - 2022
The average files and rasps import price stood at $4.3 per unit in 2022, shrinking by -16.5% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 8.3% against the previous year. Over the period under review, average import prices reached the maximum at $14 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Sweden ($9.9 per unit), while the price for the Czech Republic ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-6.9%), while the prices for the other major suppliers experienced a decline.
Files and Rasps Price in Lithuania (FOB) - 2022
In 2022, the average files and rasps export price amounted to $5.9 per unit, with an increase of 8.3% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 59% against the previous year. The export price peaked at $22 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($11 per unit), while the average price for exports to Denmark ($1.9 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 Russia (-3.4%), while the prices for the other major destinations experienced a decline.
Files and Rasps Imports in Lithuania
In 2022, the amount of files, rasps and similar tools imported into Lithuania skyrocketed to 148K units, growing by 36% on 2021 figures. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 64% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, files and rasps imports rose notably to $643K in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Files and Rasps in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 171 | 175 | 220 | 272 | 16.7% |
| Sweden | 77.8 | 70.9 | 75.2 | 88.9 | 4.5% |
| China | 71.7 | 74.2 | 41.2 | 84.0 | 5.4% |
| Poland | 65.7 | 62.9 | 62.5 | 53.1 | -6.9% |
| Belgium | 34.2 | 38.9 | 31.3 | 36.1 | 1.8% |
| Estonia | 23.4 | 22.7 | 23.2 | 31.7 | 10.6% |
| Latvia | 14.7 | 25.4 | 22.5 | 20.6 | 11.9% |
| Italy | 35.2 | 14.9 | 26.3 | 8.7 | -37.2% |
| Others | 66.0 | 31.6 | 64.9 | 48.2 | -9.9% |
| Total | 559 | 516 | 567 | 643 | 4.8% |
Top Suppliers of Files and Rasps to Lithuania in 2022:
- Germany (44.1K units)
- China (41.8K units)
- Poland (17.4K units)
- Latvia (10.4K units)
- Sweden (9.0K units)
- Estonia (8.7K units)
- Belgium (5.6K units)
- Italy (1.3K units)
Files and Rasps Exports in Lithuania
In 2022, approx. 52K units of files, rasps and similar tools were exported from Lithuania; jumping by 32% compared with 2021. In general, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 64% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, files and rasps exports surged to $307K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Files and Rasps in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 11.5 | 8.8 | 14.4 | 97.5 | 103.9% |
| Russia | 119 | 93.6 | 102 | 84.8 | -10.7% |
| Latvia | 66.5 | 65.2 | 74.1 | 76.6 | 4.8% |
| Kazakhstan | 0.9 | 0.3 | 8.8 | 16.0 | 161.0% |
| Estonia | 17.5 | 13.5 | 8.8 | 8.6 | -21.1% |
| Denmark | 0.1 | 0.2 | 1.0 | 4.8 | 263.4% |
| Germany | 9.3 | 18.4 | 0.2 | 0.2 | -72.2% |
| Others | 9.3 | 5.2 | 5.1 | 18.3 | 25.3% |
| Total | 234 | 205 | 215 | 307 | 9.5% |
Top Export Markets for Files and Rasps from Lithuania in 2022:
- Latvia (21.9K units)
- Russia (12.3K units)
- Belarus (8.9K units)
- Denmark (2.5K units)
- Kazakhstan (1.8K units)
- Estonia (1.4K units)
- Germany (0.1K units)
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