Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Lithuania - 2023

Contents:

  1. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Lithuania (FOB) - 2022
  2. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Lithuania (CIF) - 2022
  3. Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Lithuania
  4. Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Lithuania

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Lithuania (FOB) - 2022

In 2022, the average export price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $198 per unit, with a decrease of -39.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 175%. Over the period under review, the average export prices hit record highs at $1,297 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($769 per unit), while the average price for exports to Faroe Islands ($17 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 the UK (+182.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Lithuania (CIF) - 2022

In 2022, the average import price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $113 per unit, with an increase of 16% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 73% against the previous year. As a result, import price attained the peak level of $427 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($382 per unit), while the price for Spain ($9.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+14,733.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Lithuania

In 2022, the amount of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses exported from Lithuania soared to 9.8K units, increasing by 15% against the year before. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 243%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses fell remarkably to $2M in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 195%. As a result, the exports reached the peak of $2.8M, and then contracted rapidly in the following year.

Export of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom41.92081,1371,589236.0%
Faroe Islands9.914.958.6131136.5%
Kazakhstan3.51.123917.270.0%
GermanyN/AN/A1,2300.4-100.0%
Russia41968240.70.2-92.2%
Norway20.2N/AN/AN/A0%
Others81.134.070.321237.8%
Total5759402,7761,95050.2%

Top Export Markets for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons from Lithuania in 2022:

  1. Faroe Islands (7.5K units)
  2. United Kingdom (2.1K units)
  3. Kazakhstan (0.1K units)

Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Lithuania

In 2022, the amount of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses imported into Lithuania soared to 11K units, growing by 27% compared with 2021. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 148%. As a result, imports reached the peak of 11K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses soared to $1.2M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 152%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia4.320.60.6429363.8%
Norway85.242116937764.2%
EstoniaN/A2.946.6289898.3%
Hungary0.3N/A223111617.9%
Netherlands1.10.913.211.0115.4%
Denmark2832342437.5-70.2%
Italy2.536.48.54.218.9%
Spain9.77.7N/A1.1-51.6%
IrelandN/A94.612.2N/A-87.1%
Others10241212912.8-49.9%
Total4881,2308451,24336.6%

Top Suppliers of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons to Lithuania in 2022:

  1. Estonia (5.9K units)
  2. Norway (2.0K units)
  3. Hungary (1.2K units)
  4. Latvia (1.1K units)
  5. Netherlands (0.2K units)
  6. Denmark (0.2K units)
  7. Italy (0.1K units)
  8. Spain (0.1K units)

Source: IndexBox Market Intelligence Platform

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