Report Update: May 1, 2024

Lithuania - Non-Domestic Heat Exchange Units - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Domestic Heat Exchange Unit in Lithuania - 2023

Price for Non-Domestic Heat Exchange Unit in Lithuania (CIF) - 2023

In October 2023, the average non-domestic heat exchange unit import price amounted to $1,800 per unit, which is down by -11.6% against the previous month. Over the period under review, import price indicated mild growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, non-domestic heat exchange unit import price decreased by -20.8% against July 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 80% m-o-m. As a result, import price attained the peak level of $2,508 per unit; afterwards, it flattened through to October 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($2,783 per unit), while the price for Estonia ($741 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Domestic Heat Exchange Unit in Lithuania (FOB) - 2023

In October 2023, the average non-domestic heat exchange unit export price amounted to $5,880 per unit, picking up by 70% against the previous month. Overall, the export price posted a buoyant increase. The pace of growth was the most pronounced in February 2023 an increase of 122% m-o-m. Over the period under review, the average export prices attained the maximum in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($146K per unit), while the average price for exports to France ($1,204 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Heat Exchange Unit in Lithuania

In 2022, after three years of growth, there was significant decline in purchases abroad of non-domestic heat exchange units, when their volume decreased by -12.7% to 13K units. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of 14K units, and then declined in the following year.

In value terms, non-domestic heat exchange unit imports fell to $22M in 2022. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.5% against the previous year. Over the period under review, imports attained the peak figure at $28M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Non-Domestic Heat Exchange Unit in Lithuania (Million USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Italy	3.5	4.7	3.4	-1.4%
Germany	1.7	1.6	2.6	23.7%
Austria	0.9	N/A	2.2	56.3%
Sweden	1.9	2.1	1.7	-5.4%
Czech Republic	1.2	1.4	1.6	15.5%
Poland	1.0	1.2	1.4	18.3%
Hungary	0.3	0.4	1.2	100.0%
Ukraine	0.6	0.9	0.9	22.5%
Netherlands	0.7	0.9	0.9	13.4%
Denmark	1.1	1.9	0.9	-9.5%
France	1.5	2.1	0.6	-36.8%
Slovakia	0.3	0.5	0.4	15.5%
Turkey	N/A	0.1	0.3	200.0%
Others	7.0	5.4	3.4	-30.3%
Total	21.6	23.4	21.6	0.0%

Top Suppliers of Non-Domestic Heat Exchange Unit to Lithuania in 2022:

Italy (2567.0 units)
Czech Republic (1747.0 units)
Sweden (1102.0 units)
Austria (942.0 units)
Hungary (859.0 units)
Germany (827.0 units)
Netherlands (775.0 units)
Poland (616.0 units)
Ukraine (577.0 units)
Denmark (490.0 units)
France (269.0 units)
Slovakia (261.0 units)
Turkey (243.0 units)

Exports of Non-Domestic Heat Exchange Unit in Lithuania

In 2022, exports of non-domestic heat exchange units from Lithuania fell dramatically to 3.6K units, shrinking by -47.6% compared with the year before. In general, exports showed a precipitous setback. The smallest decline of -17.9% was in 2021. Over the period under review, the exports hit record highs at 8.3K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, non-domestic heat exchange unit exports shrank dramatically to $6.6M in 2022. Over the period under review, exports recorded a precipitous setback. The smallest decline of -24% was in 2021. The exports peaked at $24M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Non-Domestic Heat Exchange Unit in Lithuania (Million USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Russia	10.4	10.3	2.3	-53.0%
Kyrgyzstan	N/A	N/A	0.6	0%
Kazakhstan	2.4	0.3	0.6	-50.0%
Latvia	0.6	0.2	0.5	-8.7%
Turkey	N/A	N/A	0.3	0%
United States	0.5	0.1	0.3	-22.5%
Belarus	2.6	1.1	0.3	-66.0%
Norway	0.1	0.1	0.3	73.2%
Poland	0.1	0.1	0.2	41.4%
France	0.1	0.1	0.1	0.0%
Uzbekistan	N/A	0.3	0.1	-66.7%
Belgium	0.1	0.1	0.1	0.0%
Others	1.3	1.1	0.8	-21.6%
Total	18.1	13.8	6.6	-39.6%

Top Export Markets for Non-Domestic Heat Exchange Unit from Lithuania in 2022:

Russia (1107.0 units)
Latvia (590.0 units)
Kazakhstan (314.0 units)
Kyrgyzstan (286.0 units)
Turkey (160.0 units)
Belarus (141.0 units)
Poland (122.0 units)
United States (119.0 units)
Norway (115.0 units)
Uzbekistan (110.0 units)
Belgium (105.0 units)
France (63.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-domestic heat exchange unit 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 28251130 - Heat exchange units

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023