Lithuania - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lift, Elevator, Stairway and Dragline in Lithuania - 2023
Contents:
- Price for Lift, Elevator, Stairway and Dragline in Lithuania (FOB) - 2023
- Price for Lift, Elevator, Stairway and Dragline in Lithuania (CIF) - 2023
- Exports of Lift, Elevator, Stairway and Dragline in Lithuania
- Imports of Lift, Elevator, Stairway and Dragline in Lithuania
Price for Lift, Elevator, Stairway and Dragline in Lithuania (FOB) - 2023
The average export price for lifts, elevators, moving stairways and draglines stood at $26,829 per unit in November 2023, with an increase of 21% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 60% month-to-month. The export price peaked at $55,838 per unit in August 2023; however, from September 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Australia ($72,326 per unit), while the average price for exports to Sweden ($9,760 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Lift, Elevator, Stairway and Dragline in Lithuania (CIF) - 2023
The average import price for lifts, elevators, moving stairways and draglines stood at $19,694 per unit in November 2023, shrinking by -18.6% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in September 2023 an increase of 85% m-o-m. As a result, import price attained the peak level of $26,044 per unit; afterwards, it flattened through to November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Austria ($44,071 per unit), while the price for the UK ($3,505 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lift, Elevator, Stairway and Dragline in Lithuania
In 2022, the amount of lifts, elevators, moving stairways and draglines exported from Lithuania skyrocketed to 718 units, picking up by 43% against the previous year's figure. In general, exports, however, saw a deep downturn. Over the period under review, the exports attained the peak figure at 1.5K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, lift, elevator, stairway and dragline exports expanded to $18M in 2022. Over the period under review, exports, however, continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2020 with an increase of 107% against the previous year. As a result, the exports attained the peak of $41M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Lift, Elevator, Stairway and Dragline in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.6 | 3.8 | 3.9 | 3.5 | -0.9% |
| Sweden | 0.1 | N/A | 0.1 | 2.7 | 200.0% |
| France | 1.6 | 1.6 | 2.4 | 2.0 | 7.7% |
| Russia | 6.9 | 29.0 | 3.9 | 1.8 | -36.1% |
| Netherlands | 1.0 | 1.0 | 1.2 | 1.6 | 17.0% |
| Belgium | 0.8 | 0.8 | 1.0 | 1.3 | 17.6% |
| United Kingdom | 0.8 | 0.7 | 0.6 | 0.9 | 4.0% |
| Estonia | 0.5 | 0.6 | 0.9 | 0.5 | 0.0% |
| Spain | 0.1 | 0.3 | 0.6 | 0.5 | 71.0% |
| Latvia | 0.1 | 0.2 | 0.1 | 0.4 | 58.7% |
| Kazakhstan | 0.8 | 0.2 | 0.4 | 0.3 | -27.9% |
| Austria | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Belarus | 0.8 | 0.6 | 0.4 | 0.1 | -50.0% |
| Others | 2.4 | 2.1 | 1.9 | 2.5 | 1.4% |
| Total | 19.9 | 41.2 | 17.7 | 18.2 | -2.9% |
Top Export Markets for Lift, Elevator, Stairway and Dragline from Lithuania in 2022:
- Sweden (272.0 units)
- Russia (77.0 units)
- Germany (74.0 units)
- Netherlands (48.0 units)
- France (39.0 units)
- Belgium (28.0 units)
- Estonia (27.0 units)
- Latvia (16.0 units)
- Kazakhstan (16.0 units)
- United Kingdom (15.0 units)
- Spain (13.0 units)
- Austria (12.0 units)
- Belarus (11.0 units)
Imports of Lift, Elevator, Stairway and Dragline in Lithuania
In 2022, overseas purchases of lifts, elevators, moving stairways and draglines decreased by -16.6% to 920 units, falling for the second year in a row after two years of growth. In general, imports saw a perceptible decrease. The pace of growth appeared the most rapid in 2020 with an increase of 9.2%. As a result, imports reached the peak of 1.1K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, lift, elevator, stairway and dragline imports declined sharply to $15M in 2022. Overall, imports faced a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 3.7% against the previous year. As a result, imports reached the peak of $23M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Lift, Elevator, Stairway and Dragline in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 6.6 | 5.4 | 5.1 | 3.9 | -16.1% |
| Spain | 4.3 | 2.8 | 3.2 | 3.5 | -6.6% |
| Poland | 1.1 | 1.5 | 1.3 | 2.2 | 26.0% |
| Germany | 1.1 | 3.0 | 1.2 | 1.8 | 17.8% |
| Austria | 0.9 | 1.1 | 1.4 | 1.0 | 3.6% |
| Greece | 0.4 | 0.4 | 0.7 | 0.7 | 20.5% |
| Sweden | 1.9 | 1.0 | 1.1 | 0.6 | -31.9% |
| Italy | 1.5 | 1.9 | 2.0 | 0.4 | -35.6% |
| Finland | 2.1 | 0.8 | 1.0 | 0.1 | -63.8% |
| United States | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 2.6 | 5.2 | 2.1 | 0.7 | -35.4% |
| Total | 22.4 | 23.2 | 19.2 | 15.1 | -12.3% |
Top Suppliers of Lift, Elevator, Stairway and Dragline to Lithuania in 2022:
- Spain (272.0 units)
- Slovakia (254.0 units)
- Germany (120.0 units)
- Poland (72.0 units)
- Austria (48.0 units)
- Greece (44.0 units)
- United States (26.0 units)
- Sweden (22.0 units)
- Italy (11.0 units)
- Finland (10.0 units)
This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
- Prodcom 28221670 - Escalators and moving walkways
- Prodcom 28221740 - Pneumatic elevators and conveyors
- Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars
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
-
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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