Latest Report Update: Dec 27, 2019

Lithuania - Ships, Vessels, Ferry-Boats For The Transport Of Persons - Market Analysis, Forecast, Size, Trends and Insights
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Lithuania: Shipping Market Overview 2020

Shipping Market Size in Lithuania

The revenue of the shipping market in Lithuania amounted to $X in 2018, growing by X% against the previous year. Over the period under review, shipping consumption continues to indicate a buoyant increase. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Lithuania shipping consumption peaked at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Shipping Production in Lithuania

In value terms, shipping production totaled $X in 2018 estimated in export prices. Over the period under review, shipping production continues to indicate outstanding growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Lithuania shipping production peaked in 2018 and is likely to see steady growth in the immediate term.

Shipping Exports

Exports from Lithuania

In 2018, approx. X kg of ships, vessels, ferry-boats for the transport of persons were exported from Lithuania; going down by -X% against the previous year. Over the period under review, shipping exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, shipping exports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, shipping exports amounted to $X in 2018. Over the period under review, shipping exports continue to indicate an abrupt downturn. The pace of growth was the most pronounced in 2012 with a decrease of -X% y-o-y. Lithuania exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Italy (X tonnes), distantly followed by France (X tonnes), Germany (X tonnes), Finland (X tonnes) and Australia (X tonnes) were the main exporters of ships, vessels, ferry-boats for the transport of persons, together constituting X% of total exports. Poland (X tonnes), Norway (X tonnes), the Philippines (X tonnes), Bahamas (X tonnes), Japan (X tonnes) and Turkey (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Australia, while the other leaders experienced more modest paces of growth.

In value terms, the largest shipping markets from Lithuania were Italy ($X), France ($X) and Germany ($X), with a combined X% share of total exports.

France recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the shipping export price in Lithuania amounted to $X per tonne, reducing by -X% against the previous year. Overall, the shipping export price, however, continues to indicate moderate growth. The pace of growth was the most pronounced in 2015 when the export price increased by X% y-o-y. In that year, the export prices for ships, vessels, ferry-boats for the transport of persons attained their peak level of $X per tonne. From 2016 to 2018, the growth in terms of the export prices for ships, vessels, ferry-boats for the transport of persons remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while Japan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Norway, while the other leaders experienced more modest paces of growth.

Shipping Imports

Imports into Lithuania

In 2018, the shipping imports into Lithuania amounted to X tonnes, coming down by -X% against the previous year. Overall, shipping imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, shipping imports attained their maximum at X tonnes in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, shipping imports stood at $X in 2018. Over the period under review, shipping imports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. In that year, shipping imports reached their peak of $X. From 2011 to 2018, the growth of shipping imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tonnes) represented the main importer of ships, vessels, ferry-boats for the transport of persons, creating X% of total imports. It was distantly followed by Italy (X tonnes), Germany (X tonnes) and Norway (X tonnes), together creating a X% share of total imports. Liberia (X tonnes), France (X tonnes), Bahamas (X tonnes), Switzerland (X tonnes) and Sweden (X tonnes) took a minor share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Sweden (+X%), Liberia (+X%), Switzerland (+X%), Germany (+X%) and France (+X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Italy experienced a relatively flat trend pattern. By contrast, Norway (-X%) and Bahamas (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Germany (+X p.p.), Liberia (+X p.p.), France (+X p.p.), Sweden (+X p.p.) and Switzerland (+X p.p.) significantly strengthened its position in terms of the global imports, while Norway and Bahamas saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported ships, vessels, ferry-boats for the transport of persons into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., shipping imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Italy (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2018, the shipping import price in Lithuania amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the shipping import price continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2015 when the import price increased by X% y-o-y. Lithuania import price peaked in 2018 and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while Liberia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 30112130 - Cruise vessels
• Prodcom 30112150 - Ferries

This report provides an in-depth analysis of the shipping 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.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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