Lithuania - Continuous And Discontinuous Totalisers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 13, 2024

Lithuania - Continuous And Discontinuous Totalisers - Market Analysis, Forecast, Size, Trends And Insights

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Totaliser Price in Lithuania - 2023

Contents:

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

Totaliser Price in Lithuania (CIF) - 2022

The average totaliser import price stood at $14,102 per unit in 2022, shrinking by -34.3% against the previous year. Over the period under review, the import price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 150%. The import price peaked at $21,478 per unit in 2021, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($31,822 per unit), while the price for Estonia ($1,552 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+48.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Totaliser Price in Lithuania (FOB) - 2022

The average totaliser export price stood at $4,800 per unit in 2022, declining by -78.7% against the previous year. Over the period under review, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2020 an increase of 113%. As a result, the export price attained the peak level of $27,195 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($24,133 per unit), while the average price for exports to Latvia ($2,430 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+57.7%), while the prices for the other major destinations experienced more modest paces of growth.

Totaliser Imports in Lithuania

For the third consecutive year, Lithuania recorded decline in purchases abroad of continuous and discontinuous totalisers, which decreased by -37.9% to 18 units in 2022. In general, imports faced a sharp descent. The smallest decline of -12.1% was in 2021. Over the period under review, imports reached the maximum at 40 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, totaliser imports shrank significantly to $254K in 2022. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of $623K, and then shrank remarkably in the following year.

Import of Totaliser in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany95.913817213111.0%
United Kingdom11425628.948.4-24.8%
FranceN/AN/A1.631.81887.5%
NetherlandsN/AN/A51.825.3-51.2%
Poland12610.80.112.3-54.0%
EstoniaN/AN/AN/A3.10%
FinlandN/A53.97.82.1-80.3%
China12.8N/A5.4N/A-35.0%
IcelandN/AN/A320N/A0%
Others80.84.635.7N/A-33.5%
Total429463623254-16.0%

Top Suppliers of Totaliser to Lithuania in 2022:

  1. Germany (9.0 units)
  2. Netherlands (2.0 units)
  3. Estonia (2.0 units)
  4. United Kingdom (2.0 units)
  5. Poland (1.0 units)
  6. Finland (1.0 units)
  7. France (1.0 units)

Totaliser Exports in Lithuania

In 2022, after two years of decline, there was significant growth in shipments abroad of continuous and discontinuous totalisers, when their volume increased by 167% to 24 units. Overall, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, totaliser exports dropped notably to $115K in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 68% against the previous year. As a result, the exports attained the peak of $299K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Totaliser in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia0.5N/A0.851.0367.2%
Russia17129965.148.3-34.4%
CanadaN/AN/AN/A15.90%
PolandN/AN/A135N/A0%
Egypt6.9N/AN/AN/A0%
BelarusN/AN/A2.4N/A0%
OthersN/AN/AN/AN/A0%
Total178299203115-13.6%

Top Export Markets for Totaliser from Lithuania in 2022:

  1. Latvia (21.0 units)
  2. Russia (2.0 units)
  3. Canada (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the totaliser 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 28293130 - Continuous and discontinuous totalisers

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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