Lithuania - Lasers, Other Than Laser Diodes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLaser Price in Lithuania - 2023
Contents:
- Laser Price in Lithuania (FOB) - 2022
- Laser Price in Lithuania (CIF) - 2022
- Laser Exports in Lithuania
- Laser Imports in Lithuania
Laser Price in Lithuania (FOB) - 2022
In 2022, the average laser export price amounted to $233 per unit, surging by 4.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2018 when the average export price increased by 23%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($327 per unit), while the average price for exports to the Czech Republic ($120 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 Switzerland (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Laser Price in Lithuania (CIF) - 2022
The average laser import price stood at $36 per unit in 2022, reducing by -34.1% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of 60% against the previous year. Over the period under review, average import prices attained the peak figure at $120 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($109 per unit), while the price for Poland ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Laser Exports in Lithuania
In 2022, overseas shipments of lasers, other than laser diodes decreased by -8.2% to 328K units, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 364K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, laser exports fell to $77M in 2022. The total export value increased at an average annual rate of +10.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. The exports peaked at $80M in 2021, and then dropped slightly in the following year.
| Export of Laser in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.5 | 9.3 | 11.5 | 14.2 | 37.2% |
| United States | 9.4 | 11.4 | 9.5 | 13.4 | 12.5% |
| South Korea | 4.8 | 4.8 | 7.9 | 12.5 | 37.6% |
| Japan | 7.4 | 6.4 | 6.4 | 7.4 | 0.0% |
| Switzerland | 1.9 | 2.4 | 5.9 | 7.1 | 55.2% |
| China | 14.2 | 23.1 | 16.6 | 3.8 | -35.6% |
| United Kingdom | 1.9 | 0.7 | 2.3 | 2.7 | 12.4% |
| France | 1.2 | 1.6 | 1.1 | 2.5 | 27.7% |
| Taiwan (Chinese) | 1.2 | 1.5 | 2.5 | 2.0 | 18.6% |
| Netherlands | 0.4 | 0.4 | 0.7 | 1.7 | 62.0% |
| Belgium | N/A | 0.5 | 0.4 | 1.3 | 61.2% |
| Italy | 2.3 | 3.6 | 0.6 | 1.2 | -19.5% |
| Czech Republic | 0.8 | 0.5 | 1.4 | 0.9 | 4.0% |
| Others | 5.8 | 8.0 | 12.9 | 5.7 | -0.6% |
| Total | 56.9 | 74.4 | 79.5 | 76.5 | 10.4% |
Top Export Markets for Laser from Lithuania in 2022:
- Germany (53.9K units)
- South Korea (50.2K units)
- United States (50.0K units)
- Japan (35.7K units)
- Switzerland (21.8K units)
- China (21.5K units)
- France (13.8K units)
- United Kingdom (12.8K units)
- Netherlands (9.3K units)
- Taiwan (Chinese) (8.2K units)
- Czech Republic (7.4K units)
- Italy (6.3K units)
- Belgium (5.0K units)
Laser Imports in Lithuania
In 2022, approx. 69K units of lasers, other than laser diodes were imported into Lithuania; growing by 82% on the year before. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, laser imports skyrocketed to $2.5M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Laser in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 97.2 | 87.2 | 98.9 | 596 | 83.0% |
| Switzerland | N/A | 80.6 | 37.1 | 406 | 124.4% |
| Poland | 90.8 | 198 | 151 | 307 | 50.1% |
| Germany | 499 | 534 | 373 | 199 | -26.4% |
| France | 130 | 29.4 | 243 | 161 | 7.4% |
| United States | 506 | 62.0 | 115 | 143 | -34.4% |
| Japan | 0.2 | 119 | N/A | 74.5 | 619.5% |
| Italy | 6.7 | 136 | 16.6 | 73.7 | 122.4% |
| South Korea | 8.1 | 1.2 | 51.0 | 65.9 | 101.1% |
| Others | 336 | 542 | 972 | 435 | 9.0% |
| Total | 1,674 | 1,791 | 2,057 | 2,461 | 13.7% |
Top Suppliers of Laser to Lithuania in 2022:
- Poland (25.5K units)
- China (22.9K units)
- Switzerland (5.4K units)
- Italy (2.9K units)
- Germany (2.7K units)
- United States (2.6K units)
- Japan (1.5K units)
- France (1.5K units)
- South Korea (1.4K units)
This report provides an in-depth analysis of the laser 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 26702330 - Lasers (excluding laser diodes, machines and appliances incorporating lasers)
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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