Lithuania - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ship Derrick Buckets and Shovels in Lithuania - 2023
Contents:
- Price for Ship Derrick Buckets and Shovels in Lithuania (CIF) - 2022
- Price for Ship Derrick Buckets and Shovels in Lithuania (FOB) - 2023
- Imports of Ship Derrick Buckets and Shovels in Lithuania
- Exports of Ship Derrick Buckets and Shovels in Lithuania
Price for Ship Derrick Buckets and Shovels in Lithuania (CIF) - 2022
The average import price for buckets, shovels, grabs and grips for ships derricks and cranes stood at $11 per unit in 2022, waning by -36.8% against the previous year. Overall, the import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 63%. As a result, import price attained the peak level of $18 per unit, and then shrank remarkably in the following year.
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 ($53 per unit), while the price for Norway ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ship Derrick Buckets and Shovels in Lithuania (FOB) - 2023
In September 2023, the average export price for buckets, shovels, grabs and grips for ships’ derricks and cranes amounted to $269 per unit, jumping by 35% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in April 2023 an increase of 40% against the previous month. Over the period under review, the average export prices attained the peak figure in September 2023.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Austria ($366 per unit), while the average price for exports to Romania ($63.3 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ship Derrick Buckets and Shovels in Lithuania
In 2022, purchases abroad of buckets, shovels, grabs and grips for ships derricks and cranes was finally on the rise to reach 472K units after two years of decline. Over the period under review, imports, however, recorded a abrupt curtailment. Over the period under review, imports attained the maximum at 661K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, ship derrick buckets and shovels imports dropped markedly to $5.2M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of $7M, and then dropped dramatically in the following year.
Import of Ship Derrick Buckets and Shovels in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,244 | 1,214 | 1,471 | 973 | -7.9% |
Italy | 588 | 457 | 1,140 | 752 | 8.5% |
Poland | 515 | 524 | 666 | 692 | 10.3% |
Estonia | 112 | 186 | 355 | 404 | 53.4% |
France | 534 | 631 | 1,092 | 404 | -8.9% |
Netherlands | 236 | 156 | 526 | 347 | 13.7% |
Norway | 12.7 | 18.3 | 20.2 | 316 | 191.9% |
Czech Republic | 67.3 | 73.5 | 252 | 262 | 57.3% |
Belgium | 174 | 84.4 | 166 | 255 | 13.6% |
Sweden | 335 | 176 | 295 | 165 | -21.0% |
Russia | 10.1 | 13.0 | 226 | 116 | 125.6% |
Latvia | 40.9 | 64.2 | 174 | 72.0 | 20.7% |
United Kingdom | 114 | 136 | 93.4 | 51.3 | -23.4% |
Others | 411 | 579 | 527 | 432 | 1.7% |
Total | 4,393 | 4,311 | 7,005 | 5,240 | 6.1% |
Top Suppliers of Ship Derrick Buckets and Shovels to Lithuania in 2022:
- Norway (209.4K units)
- Poland (72.6K units)
- Germany (32.6K units)
- Italy (25.8K units)
- Estonia (21.0K units)
- Czech Republic (16.0K units)
- Netherlands (15.4K units)
- France (13.8K units)
- Latvia (13.5K units)
- Belgium (13.3K units)
- United Kingdom (10.1K units)
- Russia (8.6K units)
- Sweden (3.1K units)
Exports of Ship Derrick Buckets and Shovels in Lithuania
Ship derrick buckets and shovels exports from Lithuania was estimated at 914K units in 2022, remaining stable against 2021 figures. Overall, exports showed a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 76% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, ship derrick buckets and shovels exports contracted dramatically to $3.6M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, the exports attained the peak of $6.4M, and then fell sharply in the following year.
Export of Ship Derrick Buckets and Shovels in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 2,656 | 2,670 | 3,564 | 991 | -28.0% |
United States | 5.2 | 505 | 1,743 | 701 | 412.7% |
Sweden | 20.2 | 41.4 | 158 | 286 | 141.9% |
Germany | 7.8 | 13.0 | 77.5 | 275 | 227.9% |
Austria | N/A | N/A | N/A | 260 | 0% |
Finland | 330 | 64.9 | 39.0 | 234 | -10.8% |
Latvia | 134 | 130 | 96.3 | 231 | 19.9% |
Norway | 106 | 74.6 | 150 | 192 | 21.9% |
Kazakhstan | 38.9 | 20.6 | 56.5 | 154 | 58.2% |
Belarus | 210 | 259 | 228 | 81.6 | -27.0% |
France | N/A | 1.9 | 9.6 | 47.4 | 399.5% |
Others | 155 | 347 | 276 | 167 | 2.5% |
Total | 3,663 | 4,127 | 6,398 | 3,621 | -0.4% |
Top Export Markets for Ship Derrick Buckets and Shovels from Lithuania in 2022:
- United States (203.1K units)
- Sweden (113.3K units)
- Russia (100.4K units)
- Finland (94.1K units)
- Latvia (57.9K units)
- Norway (57.4K units)
- Austria (52.5K units)
- Kazakhstan (46.5K units)
- Germany (44.2K units)
- France (42.6K units)
- Belarus (11.0K units)
This report provides an in-depth analysis of the market for ship derrick buckets and shovels 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 28222000 - Buckets, shovels, grabs and grips for ships
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.
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