Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Lithuania - 2023

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Lithuania (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Lithuania (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Lithuania
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Lithuania

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Lithuania (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $750 per unit, waning by -72.5% against the previous year. Overall, the import price recorded a drastic downturn. The growth pace was the most rapid in 2020 an increase of 1,434%. The import price peaked at $7,607 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Poland ($4,353 per unit), while the price for Belgium totaled $189 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+130.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Lithuania (FOB) - 2022

In 2021, the average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $847 per unit, with a decrease of -63.2% against the previous year. In general, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2013 an increase of 300%. As a result, the export price attained the peak level of $6,257 per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($909 per unit), while the average price for exports to Russia stood at $102 per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-17.3%), while the prices for the other major destinations experienced a decline.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Lithuania

For the fourth consecutive year, Lithuania recorded growth in overseas purchases of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, which increased by 311% to 156 units in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses rose rapidly to $117K in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 3,225% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Lithuania in 2022:

1. Belgium (135.0 units)
2. Poland (21.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Lithuania

In 2021, after two years of growth, there was significant decline in overseas shipments of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, when their volume decreased by -70.5% to 13 units. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,000% against the previous year. As a result, the exports attained the peak of 44 units, and then fell remarkably in the following year.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses dropped rapidly to $11K in 2021. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 3,245% against the previous year. As a result, the exports attained the peak of $101K, and then contracted remarkably in the following year.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Lithuania in 2022:

1. United Kingdom (12.0 units)
2. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform