Price for Non-Furniture Refrigerating or Freezing Equipment in Lithuania - 2023
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in Lithuania (CIF) - 2022
- Price for Non-Furniture Refrigerating or Freezing Equipment in Lithuania (FOB) - 2022
- Imports of Non-Furniture Refrigerating or Freezing Equipment in Lithuania
- Exports of Non-Furniture Refrigerating or Freezing Equipment in Lithuania
Price for Non-Furniture Refrigerating or Freezing Equipment in Lithuania (CIF) - 2022
In 2022, the average import price for non-furniture refrigerating or freezing equipment amounted to $244 per unit, reducing by -7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2018 an increase of 29%. The import price peaked at $262 per unit in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($285 per unit), while the price for Latvia ($134 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Furniture Refrigerating or Freezing Equipment in Lithuania (FOB) - 2022
In 2022, the average export price for non-furniture refrigerating or freezing equipment amounted to $240 per unit, which is down by -3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2018 when the average export price increased by 22% against the previous year. The export price peaked at $247 per unit in 2021, and then declined slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($353 per unit), while the average price for exports to Turkey ($136 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 Poland (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Furniture Refrigerating or Freezing Equipment in Lithuania
In 2022, the amount of non-furniture refrigerating or freezing equipment imported into Lithuania dropped rapidly to 123K units, declining by -22.2% against 2021 figures. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports attained the peak of 158K units, and then reduced notably in the following year.
In value terms, non-furniture refrigerating or freezing equipment imports fell rapidly to $30M in 2022. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports reached the peak of $42M, and then declined dramatically in the following year.
| Import of Non-Furniture Refrigerating or Freezing Equipment in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.6 | 7.2 | 6.2 | 7.0 | 15.0% |
| Italy | 6.8 | 6.1 | 6.8 | 5.6 | -6.3% |
| Ireland | 9.5 | 9.9 | 16.5 | 5.6 | -16.2% |
| Netherlands | 2.0 | 1.1 | 1.1 | 3.7 | 22.8% |
| Poland | 0.3 | 0.2 | 0.6 | 1.2 | 58.7% |
| Denmark | 1.4 | 1.9 | 2.4 | 1.1 | -7.7% |
| Belgium | 0.8 | 1.4 | 1.8 | 1.1 | 11.2% |
| Croatia | 0.2 | 0.1 | N/A | 0.8 | 58.7% |
| United Kingdom | 0.3 | 0.6 | 0.3 | 0.7 | 32.6% |
| Hungary | 0.6 | 0.2 | 1.0 | 0.5 | -5.9% |
| France | 3.2 | 1.5 | 1.0 | 0.5 | -46.1% |
| Others | 5.6 | 2.4 | 4.0 | 2.3 | -25.7% |
| Total | 35.3 | 32.6 | 41.5 | 30.0 | -5.3% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Lithuania in 2022:
- Italy (27.0K units)
- Germany (25.5K units)
- Ireland (19.8K units)
- Netherlands (13.7K units)
- Poland (6.1K units)
- Croatia (5.3K units)
- United Kingdom (5.2K units)
- Denmark (4.6K units)
- Belgium (3.9K units)
- Hungary (2.1K units)
- France (1.7K units)
Exports of Non-Furniture Refrigerating or Freezing Equipment in Lithuania
In 2022, approx. 90K units of non-furniture refrigerating or freezing equipment were exported from Lithuania; declining by -9.7% on 2021 figures. Overall, exports showed a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 3.9%. Over the period under review, the exports reached the maximum at 156K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-furniture refrigerating or freezing equipment exports declined to $22M in 2022. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 12%. Over the period under review, the exports attained the peak figure at $31M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Non-Furniture Refrigerating or Freezing Equipment in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 1.6 | 0.7 | 0.9 | 6.2 | 57.1% |
| Russia | 19.6 | 12.7 | 12.9 | 3.3 | -44.8% |
| Turkey | N/A | 0.2 | 0.3 | 1.8 | 200.0% |
| United Kingdom | N/A | 0.1 | 0.6 | 1.3 | 260.6% |
| Germany | 0.1 | 0.4 | 1.2 | 1.3 | 135.1% |
| Uzbekistan | 3.1 | 1.7 | 0.8 | 1.1 | -29.2% |
| Norway | 0.6 | 0.2 | 0.3 | 1.1 | 22.4% |
| Poland | 0.5 | N/A | 0.9 | 0.7 | 11.9% |
| Saudi Arabia | N/A | 0.1 | 0.3 | 0.6 | 144.9% |
| Denmark | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Belarus | 2.7 | 2.7 | 1.5 | 0.3 | -51.9% |
| Latvia | 1.0 | 1.1 | 1.0 | 0.3 | -33.1% |
| Others | 2.0 | 2.0 | 3.7 | 3.2 | 17.0% |
| Total | 31.3 | 21.9 | 24.7 | 21.6 | -11.6% |
Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Lithuania in 2022:
- Kazakhstan (26.0K units)
- Turkey (13.4K units)
- Russia (12.7K units)
- Germany (6.1K units)
- Norway (4.2K units)
- United Kingdom (3.8K units)
- Uzbekistan (3.1K units)
- Saudi Arabia (2.8K units)
- Poland (2.3K units)
- Denmark (1.7K units)
- Belarus (1.0K units)
- Latvia (0.8K units)
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