Price for Machinery; Parts of the Machinery of Heading No. 8427 in Lithuania - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Lithuania (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Lithuania (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Lithuania
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Lithuania
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Lithuania (CIF) - 2022
The average import price for machinery; parts of the machinery of heading no. 8427 stood at $14,929 per ton in 2022, picking up by 15% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 28%. As a result, import price reached the peak level of $18,032 per ton. From 2019 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 Sweden ($50,755 per ton), while the price for the UK ($5,618 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Lithuania (FOB) - 2022
The average export price for machinery; parts of the machinery of heading no. 8427 stood at $25,857 per ton in 2022, rising by 48% against the previous year. In general, the export price enjoyed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Sweden ($322,602 per ton), while the average price for exports to Uzbekistan ($5,892 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 Sweden (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Lithuania
In 2022, after three years of growth, there was significant decline in overseas purchases of machinery; parts of the machinery of heading no. 8427, when their volume decreased by -41.2% to 454 tons. Over the period under review, imports saw a deep contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 5.8% against the previous year.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 shrank notably to $6.8M in 2022. In general, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of $10M, and then fell remarkably in the following year.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 483 | 536 | 2,032 | 1,296 | 39.0% |
| Germany | 1,291 | 2,113 | 2,277 | 993 | -8.4% |
| Czech Republic | 429 | 296 | 939 | 877 | 26.9% |
| Poland | 1,231 | 481 | 804 | 797 | -13.5% |
| Latvia | 747 | 1,421 | 684 | 625 | -5.8% |
| France | 1,316 | 550 | 840 | 466 | -29.3% |
| Sweden | 1,043 | 1,104 | 481 | 461 | -23.8% |
| Italy | 690 | 725 | 713 | 387 | -17.5% |
| United Kingdom | 874 | 668 | 30.3 | 52.7 | -60.8% |
| Others | 758 | 842 | 1,199 | 817 | 2.5% |
| Total | 8,863 | 8,736 | 9,998 | 6,771 | -8.6% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Lithuania in 2022:
- Poland (106.0 tons)
- Germany (72.8 tons)
- France (62.6 tons)
- Belgium (51.9 tons)
- Italy (36.1 tons)
- Czech Republic (35.5 tons)
- Latvia (27.8 tons)
- United Kingdom (9.4 tons)
- Sweden (9.1 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Lithuania
In 2022, after three years of growth, there was significant decline in shipments abroad of machinery; parts of the machinery of heading no. 8427, when their volume decreased by -62.1% to 176 tons. Overall, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 20%. As a result, the exports reached the peak of 464 tons, and then contracted markedly in the following year.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 declined remarkably to $4.6M in 2022. In general, exports saw a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 12% against the previous year.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 11.5 | 648 | 1,177 | 1,875 | 446.3% |
| Russia | 3,466 | 4,491 | 5,832 | 1,787 | -19.8% |
| Kazakhstan | 94.3 | 27.5 | 43.0 | 212 | 31.0% |
| Kyrgyzstan | N/A | N/A | N/A | 166 | 0% |
| Belarus | 1,257 | 934 | 645 | 107 | -56.0% |
| Uzbekistan | 99.1 | 12.9 | 21.3 | 69.6 | -11.1% |
| Latvia | 41.5 | 33.6 | 20.7 | 42.4 | 0.7% |
| Others | 2,118 | 1,819 | 383 | 299 | -47.9% |
| Total | 7,087 | 7,965 | 8,122 | 4,557 | -13.7% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Lithuania in 2022:
- Russia (115.5 tons)
- Kyrgyzstan (12.0 tons)
- Uzbekistan (11.8 tons)
- Kazakhstan (10.8 tons)
- Latvia (6.3 tons)
- Sweden (5.8 tons)
- Belarus (4.7 tons)
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