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Lithuania - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
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Lithuania: Spark Plug Market Overview 2020

Spark Plug Market Size in Lithuania

The revenue of the spark plug market in Lithuania amounted to $X in 2018, declining by -X% against the previous year. In general, the total market indicated a prominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, spark plug consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the spark plug market reached its maximum level at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Spark Plug Production in Lithuania

In value terms, spark plug production amounted to $X in 2018 estimated in export prices. In general, spark plug production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. Over the period under review, spark plug production reached its peak figure level at $X in 2013; however, from 2014 to 2018, production failed to regain its momentum.

Spark Plug Exports

Exports from Lithuania

In 2018, the spark plug exports from Lithuania amounted to X units, jumping by X% against the previous year. Over the period under review, spark plug exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. In that year, spark plug exports attained their peak of X units. From 2014 to 2018, the growth of spark plug exports remained at a lower figure.

In value terms, spark plug exports amounted to $X in 2018. Overall, spark plug exports continue to indicate remarkable growth. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, spark plug exports attained their peak figure at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Japan (X units), distantly followed by Germany (X units), China (X units) and Mexico (X units) represented the main exporters of sparking plugs, together creating X% of total exports. France (X units), the Netherlands (X units), Indonesia (X units), Russia (X units), Belgium (X units) and the UK (X units) 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 Russia, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. France, China, the Netherlands, Belgium, the UK, Indonesia, Russia and Lithuania lagged somewhat behind, together comprising a further X the main exporting countries, Russia recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The spark plug export price in Lithuania stood at $X per unit in 2018, dropping by -X% against the previous year. Overall, the spark plug export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 an increase of X% against the previous year. In that year, the export prices for sparking plugs reached their peak level of $X per unit. From 2013 to 2018, the growth in terms of the export prices for sparking plugs remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was France ($X per unit), while China ($X per unit) was amongst the lowest.

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

Spark Plug Imports

Imports into Lithuania

In 2018, approx. X units of sparking plugs were imported into Lithuania; shrinking by -X% against the previous year. In general, spark plug imports continue to indicate an abrupt deduction. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. In that year, spark plug imports attained their peak of X units. From 2014 to 2018, the growth of spark plug imports failed to regain its momentum.

In value terms, spark plug imports amounted to $X in 2018. In general, spark plug imports continue to indicate moderate growth. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. In that year, spark plug imports reached their peak of $X. From 2014 to 2018, the growth of spark plug imports failed to regain its momentum.

Imports by Country

The U.S. represented the largest importer of sparking plugs in the world, with the volume of imports amounting to X units, which was approx. X% of total imports in 2018. Germany (X units) ranks second in terms of the total imports with a X% share, followed by the United Arab Emirates (X%), China (X%) and Mexico (X%). The following importers - Russia (X units), India (X units), Australia (X units), Thailand (X units), the UK (X units) and the Netherlands (X units) - together made up X% of total imports.

The U.S. experienced a relatively flat trend pattern of sparking plugs imports. At the same time, the United Arab Emirates (+X%), India (+X%), China (+X%), Thailand (+X%), Australia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Mexico and Russia experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%) and the UK (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+X p.p.), China (+X p.p.), India (+X p.p.) and the U.S. (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the UK (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and China ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Mexico, the United Arab Emirates, the UK, Russia, the Netherlands, Australia, Thailand, India and Lithuania lagged somewhat behind, together accounting for a further X United Arab Emirates experienced the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The spark plug import price in Lithuania stood at $X per unit in 2018, surging by X% against the previous year. Overall, the spark plug import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2009 when the import price increased by X% year-to-year. Lithuania import price peaked in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the UK ($X per unit), while India ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 29312130 - Sparking plugs

This report provides an in-depth analysis of the spark plug 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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