Price for Music, Printed or in Manuscript in Lithuania - 2023

Contents:

1. Price for Music, Printed or in Manuscript in Lithuania (FOB) - 2022
2. Price for Music, Printed or in Manuscript in Lithuania (CIF) - 2022
3. Exports of Music, Printed or in Manuscript in Lithuania
4. Imports of Music, Printed or in Manuscript in Lithuania

Price for Music, Printed or in Manuscript in Lithuania (FOB) - 2022

The average export price for music, printed or in manuscript, whether or not bound or illustrated stood at $50,159 per ton in 2022, rising by 19% against the previous year. Over the period under review, the export price recorded significant growth. The pace of growth appeared the most rapid in 2020 an increase of 159% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2014 to 2022, the rate of growth in terms of prices for Russia amounted to +11.6% per year.

Price for Music, Printed or in Manuscript in Lithuania (CIF) - 2022

The average import price for music, printed or in manuscript, whether or not bound or illustrated stood at $38,214 per ton in 2022, picking up by 96% against the previous year. Over the period under review, the import price saw prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 153% against the previous year. Over the period under review, average import prices attained the peak figure at $65,369 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($167,750 per ton), while the price for Russia ($17,962 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Music, Printed or in Manuscript in Lithuania

For the third year in a row, Lithuania recorded decline in overseas shipments of music, printed or in manuscript, whether or not bound or illustrated, which decreased by -57.6% to 195 kg in 2022. Over the period under review, exports recorded a sharp descent. The smallest decline of -10.9% was in 2020.

In value terms, music, printed or in manuscript exports shrank markedly to $9.8K in 2022. Overall, exports, however, posted notable growth. The pace of growth was the most pronounced in 2020 with an increase of 130% against the previous year. As a result, the exports reached the peak of $20K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Music, Printed or in Manuscript from Lithuania in 2022:

1. Switzerland (72.0 kg)

Imports of Music, Printed or in Manuscript in Lithuania

In 2022, purchases abroad of music, printed or in manuscript, whether or not bound or illustrated decreased by -20.5% to 70 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a precipitous decline. The pace of growth was the most pronounced in 2020 when imports increased by 8.8%. As a result, imports attained the peak of 149 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, music, printed or in manuscript imports soared to $2.7K in 2022. Overall, imports showed a drastic downturn.

Top Suppliers of Music, Printed or in Manuscript to Lithuania in 2022:

1. Russia (52.0 kg)
2. United Kingdom (23.0 kg)
3. United States (4.0 kg)
4. Italy (2.0 kg)
5. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform