Way-Type Unit Head Price in Lithuania - 2023

Contents:

  1. Way-Type Unit Head Price in Lithuania (FOB) - 2022
  2. Way-Type Unit Head Price in Lithuania (CIF) - 2022
  3. Way-Type Unit Head Exports in Lithuania
  4. Way-Type Unit Head Imports in Lithuania

Way-Type Unit Head Price in Lithuania (FOB) - 2022

The average way-type unit head export price stood at $6,351 per unit in 2022, with an increase of 580% against the previous year. In general, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 961% against the previous year. The export price peaked at $19,310 per unit in 2020; however, from 2021 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 ($35,342 per unit), while the average price for exports to France ($70 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 (+1,021.7%), while the prices for the other major destinations experienced more modest paces of growth.

Way-Type Unit Head Price in Lithuania (CIF) - 2022

In 2022, the average way-type unit head import price amounted to $2,728 per unit, jumping by 108% against the previous year. Overall, the import price showed prominent growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 200% against the previous year. As a result, import price attained the peak level of $8,027 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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 Italy ($3,073 per unit), while the price for Austria ($92 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+33.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Way-Type Unit Head Exports in Lithuania

After three years of growth, overseas shipments of way-type unit heads for working metal decreased by -53.8% to 12 units in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 767% against the previous year. As a result, the exports reached the peak of 26 units, and then reduced markedly in the following year.

In value terms, way-type unit head exports soared to $76K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 728% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Way-Type Unit Head in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A70.70%
UzbekistanN/AN/AN/A4.80%
NetherlandsN/AN/AN/A0.50%
FranceN/AN/A0.60.2-66.7%
RussiaN/A53.120.9N/A-60.6%
GermanyN/AN/A1.8N/A0%
Latvia6.0N/AN/AN/A0%
PolandN/AN/A0.3N/A0%
Estonia0.9N/AN/AN/A0%
ItalyN/AN/A0.7N/A0%
BelarusN/A4.8N/AN/A0%
Ukraine0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total7.057.924.376.2121.6%

Top Export Markets for Way-Type Unit Head from Lithuania in 2022:

  1. Netherlands (6.0 units)
  2. France (3.0 units)
  3. Kazakhstan (2.0 units)
  4. Uzbekistan (1.0 units)

Way-Type Unit Head Imports in Lithuania

In 2022, supplies from abroad of way-type unit heads for working metal increased by 440% to 27 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a sharp contraction. Imports peaked at 61 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, way-type unit head imports soared to $74K in 2022. In general, imports, however, faced a precipitous setback. Imports peaked at $167K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Way-Type Unit Head in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.4N/AN/A70.7208.8%
Poland1404.42.62.3-74.6%
Estonia16.63.80.70.6-66.9%
Austria5.20.2N/A0.1-73.2%
GermanyN/A38.0N/AN/A0%
SwedenN/A2.93.2N/A10.3%
Others3.6N/AN/AN/A0%
Total16749.36.573.7-23.9%

Top Suppliers of Way-Type Unit Head to Lithuania in 2022:

  1. Italy (23.0 units)
  2. Estonia (2.0 units)
  3. Austria (1.0 units)
  4. Poland (1.0 units)

Source: IndexBox Market Intelligence Platform

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