Lithuania: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Lithuania

The Lithuanian market for spray guns and similar appliances dropped to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, enjoyed strong growth. Spray guns and similar appliances consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Spray Guns And Similar Appliances in Lithuania

In value terms, spray guns and similar appliances production fell to $X in 2022 estimated in export price. Overall, production faced a sharp contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Spray Guns And Similar Appliances

Exports from Lithuania

After two years of growth, shipments abroad of spray guns and similar appliances decreased by X% to X units in 2022. Overall, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, spray guns and similar appliances exports reduced remarkably to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Germany (X units), Latvia (X units) and Russia (X units) were the main destinations of spray guns and similar appliances exports from Lithuania, together comprising X% 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 Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spray guns and similar appliances exported from Lithuania were Germany ($X), Russia ($X) and Kazakhstan ($X), together comprising X% of total exports.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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 export price for spray guns and similar appliances stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Kyrgyzstan ($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 Kyrgyzstan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Spray Guns And Similar Appliances

Imports into Lithuania

Spray guns and similar appliances imports into Lithuania contracted notably to X units in 2022, reducing by X% on the previous year's figure. Overall, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, spray guns and similar appliances imports declined markedly to $X in 2022. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2013 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 remained at a lower figure.

Imports by Country

China (X units), Poland (X units) and Germany (X units) were the main suppliers of spray guns and similar appliances imports to Lithuania, together accounting for X% of total imports. Latvia, Italy, the Czech Republic, Belgium and Denmark lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X), Latvia ($X) and China ($X) appeared to be the largest spray guns and similar appliances suppliers to Lithuania, together accounting for X% of total imports. Italy, Poland, Belgium, the Czech Republic and Denmark lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for spray guns and similar appliances amounted to $X per unit, reducing by X% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spray guns and similar appliances import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :