Lithuania - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Cutting Shear Price in Lithuania - 2023
Contents:
- Metal Cutting Shear Price in Lithuania (CIF) - 2022
- Metal Cutting Shear Price in Lithuania (FOB) - 2022
- Metal Cutting Shear Imports in Lithuania
- Metal Cutting Shear Exports in Lithuania
Metal Cutting Shear Price in Lithuania (CIF) - 2022
The average metal cutting shear import price stood at $13,389 per ton in 2022, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2013 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $14,912 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($39,427 per ton), while the price for China ($6,438 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Cutting Shear Price in Lithuania (FOB) - 2022
The average metal cutting shear export price stood at $19,925 per ton in 2022, rising by 14% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 43%. The export price peaked at $27,915 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 Georgia ($52,676 per ton), while the average price for exports to Belarus ($7,200 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Cutting Shear Imports in Lithuania
In 2022, the amount of metal cutting shears and similar hand tools imported into Lithuania declined slightly to 39 tons, stabilizing at 2021 figures. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 5.2% against the previous year. As a result, imports reached the peak of 40 tons, and then declined slightly in the following year.
In value terms, metal cutting shear imports totaled $525K in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 17% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Metal Cutting Shear in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 108 | 138 | 158 | 148 | 11.1% |
| Germany | 62.7 | 113 | 120 | 130 | 27.5% |
| China | 72.7 | 87.3 | 48.8 | 103 | 12.3% |
| Belgium | 29.1 | 29.4 | 39.8 | 33.2 | 4.5% |
| Estonia | 46.8 | 26.2 | 25.4 | 23.6 | -20.4% |
| Latvia | 15.1 | 21.4 | 24.7 | 23.6 | 16.0% |
| Taiwan (Chinese) | 6.7 | 4.6 | 4.3 | 19.5 | 42.8% |
| Others | 62.2 | 51.4 | 55.6 | 43.2 | -11.4% |
| Total | 404 | 471 | 476 | 525 | 9.1% |
Top Suppliers of Metal Cutting Shear to Lithuania in 2022:
- China (16.1 tons)
- Poland (9.6 tons)
- Germany (6.2 tons)
- Latvia (1.9 tons)
- Belgium (1.9 tons)
- Taiwan (Chinese) (1.3 tons)
- Estonia (0.6 tons)
Metal Cutting Shear Exports in Lithuania
In 2022, approx. 6.5 tons of metal cutting shears and similar hand tools were exported from Lithuania; declining by -9.9% compared with 2021 figures. Over the period under review, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 20%.
In value terms, metal cutting shear exports rose slightly to $129K in 2022. Overall, exports saw a deep setback.
| Export of Metal Cutting Shear in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 58.7 | 92.6 | 67.4 | 51.4 | -4.3% |
| Latvia | 21.1 | 21.8 | 24.6 | 26.7 | 8.2% |
| Georgia | N/A | N/A | N/A | 13.5 | 0% |
| Estonia | 15.0 | 12.8 | 11.7 | 13.1 | -4.4% |
| Belarus | 32.0 | 19.2 | 16.3 | 5.1 | -45.8% |
| Norway | 2.7 | N/A | 0.6 | 4.4 | 17.7% |
| Germany | 18.8 | 0.3 | 0.2 | 2.9 | -46.4% |
| Others | 2.9 | 1.4 | 4.5 | 11.5 | 58.3% |
| Total | 151 | 148 | 125 | 129 | -5.1% |
Top Export Markets for Metal Cutting Shear from Lithuania in 2022:
- Latvia (2397.0 kg)
- Estonia (1392.0 kg)
- Russia (1126.0 kg)
- Belarus (715.0 kg)
- Georgia (256.0 kg)
- Germany (115.0 kg)
- Norway (101.0 kg)
This report provides an in-depth analysis of the metal cutting shear 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 25733023 - Metal cutting shears and similar hand tools
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
-
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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