Lithuania: Industrial Brewery Machinery Market 2024

Industrial Brewery Machinery Market Size in Lithuania

The Lithuanian industrial brewery machinery market contracted to $X in 2022, falling by X% against the previous year. In general, consumption saw a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Industrial Brewery Machinery Production in Lithuania

In value terms, industrial brewery machinery production shrank to $X in 2022 estimated in export price. Overall, production showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Industrial brewery machinery production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Industrial Brewery Machinery Exports

Exports from Lithuania

In 2022, shipments abroad of industrial brewery machinery was finally on the rise to reach X units after two years of decline. Over the period under review, exports posted mild growth. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, industrial brewery machinery exports skyrocketed to $X in 2022. In general, exports, however, showed a abrupt decline. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X units) was the main destination for industrial brewery machinery exports from Lithuania, with a X% share of total exports. Moreover, industrial brewery machinery exports to Switzerland exceeded the volume sent to the second major destination, Kazakhstan (X units), threefold. Russia (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Switzerland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Russia (X% per year).

In value terms, the largest markets for industrial brewery machinery exported from Lithuania were Switzerland ($X), Kazakhstan ($X) and Russia ($X), together accounting for X% of total exports.

Kazakhstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average industrial brewery machinery export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X 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 Kazakhstan ($X per unit), while the average price for exports to Kosovo ($X 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 Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Industrial Brewery Machinery Imports

Imports into Lithuania

In 2022, overseas purchases of industrial brewery machinery increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports recorded a strong expansion. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, industrial brewery machinery imports dropped markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Austria (X units) constituted the largest supplier of industrial brewery machinery to Lithuania, with a X% share of total imports. Moreover, industrial brewery machinery imports from Austria exceeded the figures recorded by the second-largest supplier, Norway (X units), sevenfold. The third position in this ranking was taken by Ukraine (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Austria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (X% per year) and Ukraine (X% per year).

In value terms, Austria ($X) constituted the largest supplier of industrial brewery machinery to Lithuania, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports. It was followed by Finland, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Austria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Finland (X% per year).

Import Prices by Country

The average industrial brewery machinery import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price faced a abrupt slump. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X 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 Ukraine ($X per unit), while the price for the UK ($X 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform