Lithuania: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Lithuania

In 2022, after seven years of growth, there was significant decline in the Lithuanian telephone apparatus market, when its value decreased by X% to $X. In general, consumption, however, continues to indicate a prominent expansion. As a result, consumption attained the peak level of $X, and then plummeted in the following year.

Telephone Apparatus Production in Lithuania

In value terms, telephone apparatus production surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded buoyant growth. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Telephone Apparatus Exports

Exports from Lithuania

In 2022, shipments abroad of telephone apparatus increased by X% to X units, rising for the third consecutive year after two years of decline. In general, total exports indicated a prominent expansion from 2012 to 2022: its volume 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, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, telephone apparatus exports rose rapidly to $X in 2022. Over the period under review, exports recorded prominent growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Latvia (X units), Estonia (X units) and Germany (X units) were the main destinations of telephone apparatus exports from Lithuania, with a combined X% share of total exports. France, Kazakhstan, the UK, Italy, Spain, the United Arab Emirates, Poland, Sweden, the United States and the Netherlands lagged somewhat behind, together comprising a further X%.

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

In value terms, Latvia ($X), Estonia ($X) and Germany ($X) constituted the largest markets for telephone apparatus exported from Lithuania worldwide, together accounting for X% of total exports. France, the UK, Italy, Sweden, Spain, the Netherlands, Poland, the United Arab Emirates, the United States and Kazakhstan lagged somewhat behind, together comprising a further X%.

France, with a CAGR of X%, recorded 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

In 2022, the average telephone apparatus export price amounted to $X per unit, declining by X% against the previous year. Overall, export price indicated strong 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. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Latvia ($X per unit), while the average price for exports to Kazakhstan ($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 Latvia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Lithuania

In 2022, purchases abroad of telephone apparatus increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, total imports indicated prominent growth from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, telephone apparatus imports totaled $X in 2022. Over the period under review, imports showed a remarkable increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Latvia (X units), the Czech Republic (X units) and Sweden (X units) were the main suppliers of telephone apparatus imports to Lithuania, together accounting for X% of total imports. China, Germany, Poland, the Netherlands and Finland lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest telephone apparatus suppliers to Lithuania were the Czech Republic ($X), Latvia ($X) and Germany ($X), with a combined X% share of total imports.

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

The average telephone apparatus import price stood at $X per unit in 2022, rising by X% against the previous year. In general, import price indicated a strong expansion 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. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, average import prices attained the peak figure 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 the Czech Republic ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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