Lithuania - Clutches And Shaft Couplings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Lithuania - Clutches And Shaft Couplings - Market Analysis, Forecast, Size, Trends And Insights

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Shaft Coupling Price in Lithuania - 2023

Contents:

  1. Shaft Coupling Price in Lithuania (FOB) - 2022
  2. Shaft Coupling Price in Lithuania (CIF) - 2022
  3. Shaft Coupling Exports in Lithuania
  4. Shaft Coupling Imports in Lithuania

Shaft Coupling Price in Lithuania (FOB) - 2022

In 2022, the average shaft coupling export price amounted to $30,229 per ton, surging by 23% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, shaft coupling export price decreased by -2.6% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 109%. As a result, the export price attained the peak level of $34,330 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($53,387 per ton), while the average price for exports to Kazakhstan ($10,297 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Shaft Coupling Price in Lithuania (CIF) - 2022

In 2022, the average shaft coupling import price amounted to $31,869 per ton, picking up by 27% against the previous year. In general, the import price showed a prominent expansion. The growth pace was the most rapid in 2016 an increase of 60%. Over the period under review, average import prices reached the peak figure at $35,175 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($56,841 per ton), while the price for Estonia ($8,716 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Shaft Coupling Exports in Lithuania

In 2022, the amount of clutches and shaft couplings exported from Lithuania declined dramatically to 362 tons, with a decrease of -41.3% against the previous year's figure. In general, exports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year.

In value terms, shaft coupling exports reduced sharply to $11M in 2022. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of $15M, and then contracted markedly in the following year.

Export of Shaft Coupling in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.53.02.03.511.9%
FranceN/A0.50.62.0100.0%
Russia8.87.711.61.7-42.2%
TurkeyN/AN/AN/A1.10%
Kazakhstan1.50.30.11.0-12.6%
GeorgiaN/AN/AN/A0.30%
United KingdomN/AN/AN/A0.30%
Belarus1.31.40.50.1-57.5%
Others0.70.70.41.116.3%
Total14.813.715.210.9-9.7%

Top Export Markets for Shaft Coupling from Lithuania in 2022:

  1. Kazakhstan (94.2 tons)
  2. Germany (71.9 tons)
  3. Russia (66.4 tons)
  4. France (37.1 tons)
  5. Georgia (23.2 tons)
  6. Turkey (21.4 tons)
  7. United Kingdom (17.4 tons)
  8. Belarus (1.8 tons)

Shaft Coupling Imports in Lithuania

In 2022, shaft coupling imports into Lithuania fell notably to 327 tons, with a decrease of -39% against 2021. In general, imports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year.

In value terms, shaft coupling imports declined sharply to $10M in 2022. Over the period under review, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 when imports increased by 0.6%. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Shaft Coupling in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.19.94.56.8-5.7%
Italy4.12.86.81.7-25.4%
Poland0.20.30.50.426.0%
United StatesN/A0.10.20.4100.0%
Belgium0.10.10.10.226.0%
Latvia0.80.40.10.1-50.0%
China0.10.10.10.10.0%
Russia0.20.10.10.1-20.6%
Spain0.5N/A0.4N/A-10.6%
Others1.11.20.70.8-10.1%
Total15.115.213.510.4-11.7%

Top Suppliers of Shaft Coupling to Lithuania in 2022:

  1. Germany (166.7 tons)
  2. Italy (90.8 tons)
  3. Poland (14.8 tons)
  4. Belgium (9.8 tons)
  5. China (6.8 tons)
  6. United States (6.4 tons)
  7. Russia (5.7 tons)
  8. Spain (1.5 tons)
  9. Latvia (1.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shaft coupling market 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 28152600 - Clutches and shaft couplings (including universal joints)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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