Lithuania: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Lithuania

For the eleventh year in a row, the Lithuanian telephonic switching apparatus market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption posted significant growth. Telephonic switching apparatus consumption peaked in 2022 and is likely to see steady growth in years to come.

Telephonic Switching Apparatus Production in Lithuania

In value terms, telephonic switching apparatus production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded significant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs in 2022 and is likely to see gradual growth in years to come.

Telephonic Switching Apparatus Exports

Exports from Lithuania

For the fourth consecutive year, Lithuania recorded growth in shipments abroad of telephonic or telegraphic switching apparatus, which increased by X% to X units in 2022. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, telephonic switching apparatus exports surged to $X in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

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

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

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

Among the main countries of destination, the United States, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average telephonic switching apparatus export price stood at $X per unit in 2022, standing approx. at the previous year. In general, export price indicated a tangible increase 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, telephonic switching apparatus export price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas 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.

Telephonic Switching Apparatus Imports

Imports into Lithuania

In 2022, after ten years of growth, there was decline in purchases abroad of telephonic or telegraphic switching apparatus, when their volume decreased by X% to X units. In general, imports, however, posted a prominent increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X units, leveling off in the following year.

In value terms, telephonic switching apparatus imports rose remarkably to $X in 2022. Overall, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Sweden (X units) constituted the largest supplier of telephonic switching apparatus to Lithuania, accounting for a X% share of total imports. Moreover, telephonic switching apparatus imports from Sweden exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), fourfold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2020 to 2022, the average annual growth rate of volume from Sweden amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and the Netherlands (X% per year).

In value terms, the largest telephonic switching apparatus suppliers to Lithuania were the Czech Republic ($X), Sweden ($X) and China ($X), with a combined X% share of total imports.

Among the main suppliers, Sweden, 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 telephonic switching apparatus import price amounted to $X per unit, growing by X% against the previous year. Over the last two years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain 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 the Czech Republic ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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