Lithuania - Tractors - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingTractor Price in Lithuania - 2023
Contents:
- Tractor Price in Lithuania (CIF) - 2022
- Tractor Price in Lithuania (FOB) - 2022
- Tractor Imports in Lithuania
- Tractor Exports in Lithuania
Tractor Price in Lithuania (CIF) - 2022
In 2022, the average tractor import price amounted to $35,019 per unit, dropping by -28.1% against the previous year. Overall, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39% against the previous year. The import price peaked at $49,733 per unit in 2018; however, from 2019 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 Germany ($71,542 per unit), while the price for Slovenia ($1,409 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Tractor Price in Lithuania (FOB) - 2022
In 2022, the average tractor export price amounted to $27,913 per unit, waning by -14.7% against the previous year. Over the period under review, the export price showed a mild slump. The growth pace was the most rapid in 2021 an increase of 49%. The export price peaked at $33,539 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($58,253 per unit), while the average price for exports to Tajikistan ($4,591 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 Turkey (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Tractor Imports in Lithuania
In 2022, tractor imports into Lithuania expanded rapidly to 21K units, surging by 8.2% against 2021. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, tractor imports contracted significantly to $743M in 2022. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 131%. As a result, imports attained the peak of $956M, and then reduced markedly in the following year.
| Import of Tractor in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 244 | 94.4 | 418 | 301 | 7.2% |
| Netherlands | 110 | 50.0 | 130 | 90.5 | -6.3% |
| France | 26.3 | 36.0 | 61.4 | 55.5 | 28.3% |
| Sweden | 67.8 | 41.2 | 68.8 | 51.4 | -8.8% |
| Belgium | 60.2 | 59.9 | 59.9 | 39.7 | -13.0% |
| Poland | 24.4 | 29.2 | 43.0 | 32.8 | 10.4% |
| Austria | 14.2 | 21.9 | 32.3 | 27.6 | 24.8% |
| Belarus | 3.5 | 5.5 | 8.8 | 17.0 | 69.4% |
| Estonia | 7.5 | 8.2 | 16.5 | 12.0 | 17.0% |
| Japan | 6.6 | 7.0 | 9.4 | 9.8 | 14.1% |
| China | 2.9 | 2.6 | 7.7 | 9.0 | 45.9% |
| Czech Republic | 3.1 | 3.9 | 3.8 | 4.4 | 12.4% |
| Slovenia | 0.9 | 0.8 | 1.4 | 2.0 | 30.5% |
| Others | 34.2 | 53.7 | 94.7 | 90.7 | 38.4% |
| Total | 606 | 414 | 956 | 743 | 7.0% |
Top Suppliers of Tractor to Lithuania in 2022:
- Germany (4.2K units)
- Japan (2.7K units)
- Poland (1.7K units)
- Netherlands (1.5K units)
- Slovenia (1.5K units)
- China (1.2K units)
- Sweden (1.1K units)
- France (0.9K units)
- Estonia (0.7K units)
- Belarus (0.7K units)
- Czech Republic (0.6K units)
- Austria (0.6K units)
- Belgium (0.6K units)
Tractor Exports in Lithuania
In 2022, exports of tractors from Lithuania contracted to 11K units, shrinking by -10.7% on the previous year. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. As a result, the exports attained the peak of 13K units, and then dropped in the following year.
In value terms, tractor exports dropped notably to $316M in 2022. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 130% against the previous year. As a result, the exports reached the peak of $415M, and then shrank sharply in the following year.
| Export of Tractor in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 57.1 | 23.2 | 102 | 73.4 | 8.7% |
| Latvia | 23.4 | 19.3 | 36.4 | 37.9 | 17.4% |
| Turkey | N/A | 1.3 | 41.2 | 28.0 | 364.1% |
| Netherlands | 11.9 | 16.3 | 34.7 | 24.0 | 26.3% |
| Germany | 3.8 | 6.3 | 24.5 | 18.1 | 68.3% |
| Kazakhstan | 22.4 | 30.3 | 22.7 | 17.6 | -7.7% |
| Uzbekistan | 20.6 | 3.7 | 25.7 | 17.4 | -5.5% |
| Russia | 8.6 | 4.7 | 20.4 | 11.6 | 10.5% |
| Estonia | 14.0 | 4.5 | 8.9 | 9.1 | -13.4% |
| Ukraine | 8.7 | 9.3 | 12.2 | 7.4 | -5.3% |
| Kyrgyzstan | 14.3 | 7.9 | 6.3 | 6.6 | -22.7% |
| France | 1.2 | 1.7 | 7.7 | 4.9 | 59.8% |
| Tajikistan | 1.4 | 1.3 | 2.3 | 3.0 | 28.9% |
| Others | 45.8 | 50.4 | 70.4 | 57.2 | 7.7% |
| Total | 233 | 180 | 415 | 316 | 10.7% |
Top Export Markets for Tractor from Lithuania in 2022:
- Kazakhstan (1912.0 units)
- Poland (1614.0 units)
- Latvia (923.0 units)
- Uzbekistan (653.0 units)
- Tajikistan (653.0 units)
- Netherlands (650.0 units)
- Kyrgyzstan (582.0 units)
- Ukraine (484.0 units)
- Turkey (481.0 units)
- Germany (411.0 units)
- France (378.0 units)
- Estonia (324.0 units)
- Russia (239.0 units)
This report provides an in-depth analysis of the tractor 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 28301000 - Pedestrian-controlled tractors
- Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
- Prodcom 28925000 - (Crawler tractors) Track-laying tractors
- Prodcom 29104300 - Road tractors for semi-trailers
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
527
This report provides an in-depth analysis of the tractor market in Lithuania.
406
This report provides an in-depth analysis of the market for road tractor for semi-trailer in Lithuania.
48
This report provides an in-depth analysis of the crawler tractor market in Lithuania.
42
This report provides an in-depth analysis of the pedestrian-controlled tractor market in Lithuania.
56
This report provides an in-depth analysis of the market for agricultural and forestry tractor in Lithuania.
3420
This report provides an in-depth analysis of the global tractor market.
857
This report provides an in-depth analysis of the global market for road tractor for semi-trailer.
1215
This report provides an in-depth analysis of the global crawler tractor market.
487
This report provides an in-depth analysis of the global pedestrian-controlled tractor market.
247
This report provides an in-depth analysis of the global market for agricultural and forestry tractor.
939
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
684
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1351
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
207
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
939
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
684
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1351
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
207
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
