Lithuania - Overhead Travelling Cranes On Fixed Support - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Lithuania - Overhead Travelling Cranes On Fixed Support - Market Analysis, Forecast, Size, Trends And Insights

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Overhead Travelling Crane Price in Lithuania - 2023

Contents:

  1. Overhead Travelling Crane Price in Lithuania (FOB) - 2023
  2. Overhead Travelling Crane Price in Lithuania (CIF) - 2022
  3. Overhead Travelling Crane Exports in Lithuania
  4. Overhead Travelling Crane Imports in Lithuania

Overhead Travelling Crane Price in Lithuania (FOB) - 2023

In September 2023, the average overhead travelling crane export price amounted to $108K per unit, reducing by -47.4% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 93% against the previous month. As a result, the export price reached the peak level of $273K per unit. From May 2023 to September 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Norway ($361K per unit), while the average price for exports to Finland ($52,925 per unit) was amongst the lowest.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+40.7%), while the prices for the other major destinations experienced more modest paces of growth.

Overhead Travelling Crane Price in Lithuania (CIF) - 2022

The average overhead travelling crane import price stood at $115,591 per unit in 2022, with a decrease of -5.7% against the previous year. In general, the import price saw a slight decline. The growth pace was the most rapid in 2015 when the average import price increased by 144% against the previous year. As a result, import price reached the peak level of $290,209 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($158,252 per unit), while the price for Belgium ($215 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Overhead Travelling Crane Exports in Lithuania

In 2022, the amount of overhead travelling cranes on fixed support exported from Lithuania reached 34 units, increasing by 3% on the previous year. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 124%. As a result, the exports attained the peak of 65 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, overhead travelling crane exports expanded modestly to $5M in 2022. Overall, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 134%. As a result, the exports attained the peak of $9.2M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Overhead Travelling Crane in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/A239N/A1,120116.5%
HungaryN/AN/AN/A1,1010%
Latvia8879071,1901,0917.1%
Estonia2732,82885469336.4%
KazakhstanN/A24.7N/A341271.6%
Russia1,0544,4311,014279-35.8%
CroatiaN/AN/AN/A1380%
FinlandN/AN/A34268.7-79.9%
Norway111N/AN/A34.3-32.4%
IcelandN/AN/AN/A20.10%
Belarus1,430351585N/A-36.0%
Others16540587296.3-16.4%
Total3,9219,1864,8564,9818.3%

Top Export Markets for Overhead Travelling Crane from Lithuania in 2022:

  1. Denmark (9.0 units)
  2. Hungary (7.0 units)
  3. Latvia (5.0 units)
  4. Estonia (4.0 units)
  5. Kazakhstan (2.0 units)
  6. Russia (2.0 units)
  7. Iceland (1.0 units)
  8. Finland (1.0 units)
  9. Croatia (1.0 units)
  10. Norway (1.0 units)

Overhead Travelling Crane Imports in Lithuania

In 2022, purchases abroad of overhead travelling cranes on fixed support was finally on the rise to reach 15 units after two years of decline. In general, imports, however, recorded a abrupt shrinkage. Imports peaked at 27 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, overhead travelling crane imports reached $1.7M in 2022. Overall, imports, however, saw a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. As a result, imports reached the peak of $5M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Overhead Travelling Crane in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland2,0878941,455950-23.1%
ItalyN/A3,428N/A341-68.5%
Spain607N/AN/A211-29.7%
Germany1,212592199130-52.5%
TurkeyN/AN/A46.878.567.7%
Bulgaria37.1N/AN/A23.8-13.8%
BelgiumN/AN/AN/A0.20%
Others15990.815.0N/A-69.3%
Total4,1025,0051,7171,734-24.9%

Top Suppliers of Overhead Travelling Crane to Lithuania in 2022:

  1. Finland (6.0 units)
  2. Italy (3.0 units)
  3. Spain (2.0 units)
  4. Turkey (1.0 units)
  5. Germany (1.0 units)
  6. Belgium (1.0 units)
  7. Bulgaria (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the overhead travelling crane 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 28221420 - Overhead travelling cranes on fixed support

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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