Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Lithuania - 2023

Contents:

1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Lithuania (CIF) - 2023
2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Lithuania (FOB) - 2023
3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Lithuania
4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Lithuania

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Lithuania (CIF) - 2023

In November 2023, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $80,978 per ton, increasing by 4.1% against the previous month. Overall, import price indicated a pronounced expansion from December 2022 to November 2023: its price increased at an average monthly rate of +2.5% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -21.7% against September 2023 indices. The pace of growth was the most pronounced in January 2023 when the average import price increased by 66% against the previous month. Over the period under review, average import prices hit record highs at $106K per ton in May 2023; however, from June 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($339K per ton), while the price for China ($3,931 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Lithuania (FOB) - 2023

In November 2023, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $54,018 per ton, shrinking by -42.6% against the previous month. In general, the export price showed a perceptible downturn. The growth pace was the most rapid in June 2023 when the average export price increased by 77% m-o-m. As a result, the export price attained the peak level of $171K per ton. From July 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Canada ($742K per ton), while the average price for exports to Ukraine ($6,930 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Lithuania

For the third consecutive year, Lithuania recorded decline in supplies from abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses, which decreased by -10.6% to 41 tons in 2022. In general, imports continue to indicate a abrupt descent. The smallest decline of -1% was in 2020.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses reduced modestly to $3.1M in 2022. Over the period under review, imports recorded a pronounced decline. The pace of growth was the most pronounced in 2020 when imports increased by 7.3%. As a result, imports reached the peak of $3.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Lithuania in 2022:

1. Germany (14.3 tons)
2. China (5.9 tons)
3. Italy (5.2 tons)
4. Poland (4.6 tons)
5. Latvia (1.9 tons)
6. Estonia (1.5 tons)
7. Netherlands (1.4 tons)
8. Sweden (1.4 tons)
9. Denmark (1.1 tons)
10. Belgium (1.0 tons)
11. Finland (0.7 tons)
12. Czech Republic (0.5 tons)
13. Slovakia (0.2 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Lithuania

In 2022, overseas shipments of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -31.9% to 35 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of 53 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses declined sharply to $2.7M in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 26%. As a result, the exports attained the peak of $4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Lithuania in 2022:

1. Kazakhstan (11.9 tons)
2. Russia (6.8 tons)
3. Latvia (3.5 tons)
4. Kyrgyzstan (2.3 tons)
5. Belarus (1.8 tons)
6. Turkey (1.7 tons)
7. Poland (1.5 tons)
8. Georgia (1.0 tons)
9. Estonia (1.0 tons)
10. Armenia (0.7 tons)

Source: IndexBox Market Intelligence Platform