Lithuania - Numerically Controlled Knee-Type Milling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Lithuania - Numerically Controlled Knee-Type Milling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Numerically Controlled Knee-Type Milling Machine in Lithuania - 2023

Contents:

  1. Price for Numerically Controlled Knee-Type Milling Machine in Lithuania (CIF) - 2022
  2. Price for Numerically Controlled Knee-Type Milling Machine in Lithuania (FOB) - 2022
  3. Imports of Numerically Controlled Knee-Type Milling Machine in Lithuania
  4. Exports of Numerically Controlled Knee-Type Milling Machine in Lithuania

Price for Numerically Controlled Knee-Type Milling Machine in Lithuania (CIF) - 2022

In 2022, the average import price for numerically controlled knee-type milling machines for working metal amounted to $82,550 per unit, which is down by -10.2% against the previous year. Overall, the import price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 an increase of 352%. As a result, import price reached the peak level of $232,591 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Estonia.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +48.3% per year.

Price for Numerically Controlled Knee-Type Milling Machine in Lithuania (FOB) - 2022

The average export price for numerically controlled knee-type milling machines for working metal stood at $8,407 per unit in 2021, shrinking by -22.1% against the previous year. In general, the export price, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 16%. The export price peaked at $25,701 per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Belarus amounted to +32.8% per year.

Imports of Numerically Controlled Knee-Type Milling Machine in Lithuania

After two years of decline, supplies from abroad of numerically controlled knee-type milling machines for working metal decreased by -40% to 3 units in 2022. Over the period under review, imports, however, continue to indicate significant growth. Over the period under review, imports hit record highs at 5 units in 2021, and then contracted markedly in the following year.

In value terms, numerically controlled knee-type milling machine imports reduced notably to $248K in 2022. In general, imports, however, enjoyed a pronounced expansion. Over the period under review, imports attained the maximum at $460K in 2021, and then dropped remarkably in the following year.

Import of Numerically Controlled Knee-Type Milling Machine in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia233N/AN/A2482.1%
LatviaN/AN/A457N/A0%
United KingdomN/AN/A2.2N/A0%
OthersN/AN/AN/AN/A0%
Total233N/A4602482.1%

Top Suppliers of Numerically Controlled Knee-Type Milling Machine to Lithuania in 2022:

  1. Estonia (3.0 units)

Exports of Numerically Controlled Knee-Type Milling Machine in Lithuania

In 2021, the amount of numerically controlled knee-type milling machines for working metal exported from Lithuania skyrocketed to 2 units, growing by 100% compared with the year before. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, numerically controlled knee-type milling machine exports soared to $17K in 2021. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Numerically Controlled Knee-Type Milling Machine in Lithuania (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Russia9.5N/A16.833.0%
UkraineN/A10.8N/A0%
OthersN/AN/AN/A0%
Total9.510.816.833.0%

Top Export Markets for Numerically Controlled Knee-Type Milling Machine from Lithuania in 2022:

  1. Russia (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for numerically controlled knee-type milling machine 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 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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