Report Update Apr 1, 2024

Lithuania - Ships’ or Boats’ Propellers and Blades Therefor - Market Analysis, Forecast, Size, Trends and Insights

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Lithuania: Ship Propeller Market 2024

Ship Propeller Market Size in Lithuania

In 2022, after two years of growth, there was significant decline in the Lithuanian ship propeller market, when its value decreased by X% to $X. In general, consumption recorded a deep reduction. Ship propeller consumption peaked at $X in 2021, and then declined remarkably in the following year.

Ship Propeller Production in Lithuania

In value terms, ship propeller production surged to $X in 2022 estimated in export price. Overall, production saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Ship Propeller Exports

Exports from Lithuania

In 2022, overseas shipments of ships or boats propellers and blades therefor decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2021, and then declined notably in the following year.

In value terms, ship propeller exports declined notably to $X in 2022. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked at $X in 2021, and then fell notably in the following year.

Exports by Country

Georgia (X units), Belarus (X units) and Kyrgyzstan (X units) were the main destinations of ship propeller exports from Lithuania, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belarus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Kyrgyzstan ($X), Kazakhstan ($X) and Belarus ($X) constituted the largest markets for ship propeller exported from Lithuania worldwide, with a combined X% share of total exports.

Among the main countries of destination, Belarus, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average ship propeller export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Georgia ($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 mixed trend patterns.

Ship Propeller Imports

Imports into Lithuania

In 2022, after two years of growth, there was significant decline in overseas purchases of ships or boats propellers and blades therefor, when their volume decreased by X% to X units. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then declined rapidly in the following year.

In value terms, ship propeller imports contracted rapidly to $X in 2022. Over the period under review, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then declined markedly in the following year.

Imports by Country

Belgium (X units), Hungary (X units) and Sweden (X units) were the main suppliers of ship propeller imports to Lithuania, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Sweden ($X) and Italy ($X) were the largest ship propeller suppliers to Lithuania, together comprising X% of total imports.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ship propeller import price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price posted strong growth. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 Norway ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ships’ or boats’ propellers and blades therefor in the world?

The countries with the highest volumes of consumption in 2023 were China, South Korea and Japan, with a combined 79% share of global consumption. The Philippines, Nigeria and the Netherlands lagged somewhat behind, together comprising a further 7.2%.

What are the largest producers of ships’ or boats’ propellers and blades therefor in the world?

The countries with the highest volumes of production in 2022 were China, South Korea and Japan, together accounting for 82% of global production. Germany and Spain lagged somewhat behind, together comprising a further 6.9%.

What are the leading suppliers of ships’ or boats’ propellers and blades therefor to Lithuania?

In value terms, Belgium, Sweden and Italy were the largest ship propeller suppliers to Lithuania, with a combined 64% share of total imports.

What are the leading importers of ships’ or boats’ propellers and blades therefor from Lithuania?

In value terms, the largest markets for ship propeller exported from Lithuania were Kyrgyzstan, Kazakhstan and Belarus, with a combined 63% share of total exports.

What is the average export price for ships’ or boats’ propellers and blades therefor in Lithuania?

The average ship propeller export price stood at $4.1 per unit in 2022, waning by -75.5% against the previous year.

What is the average import price for ships’ or boats’ propellers and blades therefor in Lithuania?

In 2022, the average ship propeller import price amounted to $40 per unit, growing by 7.3% against the previous year.

This report provides an in-depth analysis of the ship propeller 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 25992600 - Shipsu2019 or boatsu2019 propellers and blades therefor

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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