Lithuania - Seals Of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVulcanised Rubber Seal Price in Lithuania - 2023
Contents:
- Vulcanised Rubber Seal Price in Lithuania (CIF) - 2022
- Vulcanised Rubber Seal Price in Lithuania (FOB) - 2022
- Vulcanised Rubber Seal Imports in Lithuania
- Vulcanised Rubber Seal Exports in Lithuania
Vulcanised Rubber Seal Price in Lithuania (CIF) - 2022
The average vulcanised rubber seal import price stood at $25,471 per ton in 2022, surging by 8.3% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vulcanised rubber seal import price decreased by -21.6% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 52% against the previous year. The import price peaked at $32,478 per ton in 2019; however, from 2020 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 Estonia ($50,678 per ton), while the price for Turkey ($6,462 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Vulcanised Rubber Seal Price in Lithuania (FOB) - 2022
In 2022, the average vulcanised rubber seal export price amounted to $52,302 per ton, surging by 30% against the previous year. In general, the export price continues to indicate prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($123,716 per ton), while the average price for exports to Sweden ($9,871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Vulcanised Rubber Seal Imports in Lithuania
In 2022, approx. 758 tons of seals of vulcanised rubber were imported into Lithuania; waning by -33.4% compared with the year before. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 14%.
In value terms, vulcanised rubber seal imports fell dramatically to $19M in 2022. In general, imports recorded a dramatic descent. The smallest decline of -3.7% was in 2021.
Import of Vulcanised Rubber Seal in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.8 | 3.6 | 5.2 | 5.2 | 11.0% |
Poland | 2.7 | 2.7 | 3.4 | 3.0 | 3.6% |
Sweden | 4.7 | 3.9 | 4.6 | 2.0 | -24.8% |
Italy | 1.6 | 2.2 | 1.9 | 0.8 | -20.6% |
Denmark | 17.8 | 7.4 | 3.5 | 0.7 | -66.0% |
China | 0.4 | 0.7 | 1.1 | 0.7 | 20.5% |
Latvia | 0.7 | 0.5 | 0.6 | 0.6 | -5.0% |
Netherlands | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
United Kingdom | 1.1 | 0.9 | 0.5 | 0.4 | -28.6% |
Belgium | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
Turkey | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
Ukraine | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
Others | 5.1 | 4.9 | 5.1 | 4.8 | -2.0% |
Total | 38.9 | 27.8 | 26.7 | 19.3 | -20.8% |
Top Suppliers of Vulcanised Rubber Seal to Lithuania in 2022:
- Poland (254.4 tons)
- Germany (162.5 tons)
- Sweden (64.5 tons)
- Turkey (45.8 tons)
- China (36.8 tons)
- Italy (32.3 tons)
- Denmark (26.0 tons)
- Latvia (22.1 tons)
- Netherlands (14.2 tons)
- Belgium (11.9 tons)
- Ukraine (5.5 tons)
- United Kingdom (4.9 tons)
Vulcanised Rubber Seal Exports in Lithuania
In 2022, shipments abroad of seals of vulcanised rubber decreased by -21.1% to 358 tons, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 4.7%. As a result, the exports reached the peak of 480 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, vulcanised rubber seal exports amounted to $19M in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Vulcanised Rubber Seal in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 0.6 | 0.4 | 1.1 | 5.2 | 105.4% |
Russia | 9.9 | 9.6 | 9.7 | 1.9 | -42.3% |
Kazakhstan | 0.1 | 0.2 | 0.1 | 1.4 | 141.0% |
Kyrgyzstan | N/A | N/A | N/A | 0.8 | 0% |
Germany | 0.6 | 0.4 | 0.8 | 0.8 | 10.1% |
Ukraine | 0.1 | 0.2 | 0.1 | 0.7 | 91.3% |
Latvia | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
Poland | 0.4 | 0.2 | 0.4 | 0.5 | 7.7% |
United Kingdom | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
United States | 0.8 | N/A | N/A | 0.4 | -20.6% |
Estonia | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
Serbia | N/A | 0.1 | 0.3 | 0.2 | 41.4% |
Sweden | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Others | 3.8 | 3.5 | 4.2 | 5.2 | 11.0% |
Total | 17.2 | 15.8 | 18.2 | 18.7 | 2.8% |
Top Export Markets for Vulcanised Rubber Seal from Lithuania in 2022:
- Denmark (42.0 tons)
- Latvia (40.7 tons)
- Russia (39.3 tons)
- Ukraine (29.4 tons)
- Kazakhstan (23.4 tons)
- Poland (19.6 tons)
- Sweden (17.9 tons)
- United States (17.7 tons)
- Estonia (17.1 tons)
- United Kingdom (16.1 tons)
- Kyrgyzstan (14.6 tons)
- Germany (9.1 tons)
- Serbia (8.6 tons)
This report provides an in-depth analysis of the vulcanised rubber seal 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.
Product coverage:
- Prodcom 22197323 - Seals, of vulcanised rubber
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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