Report Update: May 1, 2024

Lithuania - Non-Electric Bakery Ovens - Market Analysis, Forecast, Size, Trends And Insights

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Non-Electric Bakery Oven Price in Lithuania - 2023

Non-Electric Bakery Oven Price in Lithuania (FOB) - 2022

In 2022, the average non-electric bakery oven export price amounted to $7,117 per unit, rising by 32% against the previous year. In general, the export price enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices reached the peak figure at $12,564 per unit in 2018; however, from 2019 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 Russia ($8,618 per unit), while the average price for exports to Uzbekistan ($3,000 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 Moldova (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Bakery Oven Price in Lithuania (CIF) - 2022

In 2022, the average non-electric bakery oven import price amounted to $12,004 per unit, increasing by 62% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $12,261 per unit in 2012; however, from 2013 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 Spain ($17,842 per unit), while the price for France ($32 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Electric Bakery Oven Exports in Lithuania

After three years of growth, shipments abroad of non-electric bakery ovens decreased by -54% to 161 units in 2022. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 14%. Over the period under review, the exports reached the maximum at 350 units in 2021, and then reduced sharply in the following year.

In value terms, non-electric bakery oven exports contracted rapidly to $1.1M in 2022. Overall, exports recorded a sharp downturn. The smallest decline of -16.3% was in 2021. Over the period under review, the exports hit record highs at $2.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Non-Electric Bakery Oven in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	2,342	1,542	1,476	508	-39.9%
Kazakhstan	90.1	336	136	308	50.6%
Belarus	258	146	199	177	-11.8%
Uzbekistan	79.9	170	46.3	66.0	-6.2%
Kyrgyzstan	5.0	N/A	8.9	36.9	94.7%
Moldova	2.1	1.9	N/A	12.3	80.3%
Others	N/A	56.6	18.4	37.7	-18.4%
Total	2,777	2,252	1,885	1,146	-25.5%

Top Export Markets for Non-Electric Bakery Oven from Lithuania in 2022:

Russia (59.0 units)
Kazakhstan (41.0 units)
Belarus (28.0 units)
Uzbekistan (22.0 units)
Kyrgyzstan (7.0 units)
Moldova (3.0 units)

Non-Electric Bakery Oven Imports in Lithuania

In 2022, purchases abroad of non-electric bakery ovens decreased by -78.9% to 49 units for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 2.7% against the previous year. As a result, imports attained the peak of 232 units, and then fell significantly in the following year.

In value terms, non-electric bakery oven imports dropped remarkably to $588K in 2022. Over the period under review, imports recorded a precipitous contraction. The smallest decline of -8.2% was in 2021. Over the period under review, imports hit record highs at $2.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Non-Electric Bakery Oven in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	58.8	17.5	268	250	62.0%
Germany	1,505	1,239	949	204	-48.6%
Italy	708	389	384	91.1	-49.5%
Czech Republic	45.6	134	23.2	40.6	-3.8%
Poland	N/A	0.6	44.0	2.6	108.2%
Sweden	N/A	N/A	N/A	N/A	0%
France	209	79.2	N/A	N/A	-62.1%
Others	13.0	10.4	46.8	N/A	89.7%
Total	2,539	1,869	1,715	588	-38.6%

Top Suppliers of Non-Electric Bakery Oven to Lithuania in 2022:

Italy (15.0 units)
Germany (14.0 units)
Spain (14.0 units)
Czech Republic (3.0 units)
Poland (1.0 units)
France (1.0 units)
Sweden (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric bakery oven 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 28931530 - Bakery ovens, including biscuit ovens, non-electric

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023