Lithuania - Hydraulic Jacks And Hoists For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydraulic Jack Price in Lithuania - 2023
Contents:
- Hydraulic Jack Price in Lithuania (CIF) - 2022
- Hydraulic Jack Price in Lithuania (FOB) - 2022
- Hydraulic Jack Imports in Lithuania
- Hydraulic Jack Exports in Lithuania
Hydraulic Jack Price in Lithuania (CIF) - 2022
In 2022, the average hydraulic jack import price amounted to $102 per unit, jumping by 44% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2015 an increase of 84%. As a result, import price attained the peak level of $106 per unit. From 2016 to 2022, the average 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 Ireland ($882 per unit), while the price for Latvia ($62 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Hydraulic Jack Price in Lithuania (FOB) - 2022
In 2022, the average hydraulic jack export price amounted to $180 per unit, surging by 16% against the previous year. In general, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of 142% against the previous year. As a result, the export price attained the peak level of $198 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($639 per unit), while the average price for exports to Tajikistan ($6.1 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 Denmark (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.
Hydraulic Jack Imports in Lithuania
In 2022, hydraulic jack imports into Lithuania dropped notably to 41K units, with a decrease of -25.6% on 2021 figures. In general, imports faced a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 21% against the previous year. Imports peaked at 65K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, hydraulic jack imports rose rapidly to $4.2M in 2022. The total import value increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Hydraulic Jack in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 981 | 817 | 1,151 | 1,117 | 4.4% |
| Germany | 365 | 403 | 168 | 430 | 5.6% |
| Ireland | 105 | 107 | 172 | 426 | 59.5% |
| France | 279 | 80.2 | 414 | 397 | 12.5% |
| Poland | 149 | 266 | 519 | 391 | 37.9% |
| Latvia | 63.5 | 34.4 | 63.3 | 179 | 41.3% |
| Italy | 312 | 979 | 343 | 124 | -26.5% |
| Austria | 88.0 | 8.6 | 96.9 | 13.3 | -46.7% |
| Others | 632 | 897 | 958 | 1,083 | 19.7% |
| Total | 2,974 | 3,592 | 3,884 | 4,160 | 11.8% |
Top Suppliers of Hydraulic Jack to Lithuania in 2022:
- China (16.1K units)
- Poland (4.5K units)
- Latvia (2.9K units)
- Germany (2.1K units)
- Ireland (0.5K units)
- Italy (0.3K units)
- France (0.3K units)
- Austria (0.1K units)
Hydraulic Jack Exports in Lithuania
In 2022, overseas shipments of hydraulic jacks and hoists for raising vehicles decreased by -26.7% to 12K units, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 7% against the previous year. As a result, the exports reached the peak of 17K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, hydraulic jack exports fell to $2.1M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.8% 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 decreased by -22.0% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 70% against the previous year. As a result, the exports reached the peak of $2.7M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Hydraulic Jack in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1.0 | 86.3 | 434 | 507 | 697.4% |
| Russia | 1,067 | 1,062 | 1,149 | 301 | -34.4% |
| Kyrgyzstan | 0.1 | 0.3 | 0.1 | 257 | 1269.8% |
| Kazakhstan | 92.6 | 122 | 69.8 | 230 | 35.4% |
| Latvia | 192 | 197 | 304 | 211 | 3.2% |
| Estonia | 50.0 | 69.1 | 74.3 | 126 | 36.1% |
| Finland | 2.9 | 18.6 | 133 | 119 | 244.9% |
| Turkey | N/A | N/A | N/A | 79.6 | 0% |
| Sweden | 1.0 | 2.0 | 4.8 | 42.2 | 248.2% |
| Poland | 24.5 | 26.3 | 26.1 | 35.9 | 13.6% |
| Ukraine | 13.7 | 6.1 | 34.4 | 13.0 | -1.7% |
| Romania | 14.2 | 17.9 | 23.7 | 12.9 | -3.1% |
| Tajikistan | 0.1 | 0.7 | 0.6 | 3.4 | 224.0% |
| Others | 114 | 1,063 | 189 | 144 | 8.1% |
| Total | 1,573 | 2,670 | 2,441 | 2,083 | 9.8% |
Top Export Markets for Hydraulic Jack from Lithuania in 2022:
- Latvia (2380.0 units)
- Estonia (2322.0 units)
- Finland (2170.0 units)
- Kyrgyzstan (1122.0 units)
- Kazakhstan (954.0 units)
- Denmark (793.0 units)
- Tajikistan (557.0 units)
- Poland (502.0 units)
- Russia (489.0 units)
- Sweden (447.0 units)
- Ukraine (313.0 units)
- Turkey (300.0 units)
- Romania (272.0 units)
This report provides an in-depth analysis of the hydraulic jack 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 28221350 - Hydraulic jacks and hoists for raising vehicles (excluding those for use in garages)
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
-
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
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Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
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Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
