Lithuania - Pliers, Pincers And Tweezers For Nonmedical Use - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPliers and Pincers Price in Lithuania - 2023
Contents:
- Pliers and Pincers Price in Lithuania (CIF) - 2023
- Pliers and Pincers Price in Lithuania (FOB) - 2022
- Pliers and Pincers Imports in Lithuania
- Pliers and Pincers Exports in Lithuania
Pliers and Pincers Price in Lithuania (CIF) - 2023
In October 2023, the average pliers and pincers import price amounted to $27,659 per ton, dropping by -14.2% against the previous month. Overall, import price indicated a measured increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, pliers and pincers import price increased by +22.9% against August 2023 indices. The growth pace was the most rapid in February 2023 an increase of 72% against the previous month. The import price peaked at $33,173 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($59,127 per ton), while the price for China ($8,543 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Pliers and Pincers Price in Lithuania (FOB) - 2022
In 2022, the average pliers and pincers export price amounted to $35,198 per ton, with an increase of 24% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2016 an increase of 30%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($130,393 per ton), while the average price for exports to Estonia ($15,194 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 Kyrgyzstan (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Pliers and Pincers Imports in Lithuania
In 2022, imports of pliers, pincers and tweezers for nonmedical use into Lithuania skyrocketed to 255 tons, rising by 19% on the year before. Overall, imports, however, saw a relatively flat trend pattern.
In value terms, pliers and pincers imports expanded significantly to $4.3M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Pliers and Pincers in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,262 | 1,158 | 1,573 | 1,850 | 13.6% |
China | 698 | 619 | 454 | 873 | 7.7% |
Poland | 423 | 413 | 498 | 590 | 11.7% |
Latvia | 123 | 133 | 253 | 207 | 18.9% |
Estonia | 100 | 119 | 137 | 140 | 11.9% |
Taiwan (Chinese) | 77.9 | 65.7 | 55.9 | 106 | 10.8% |
Others | 852 | 712 | 753 | 505 | -16.0% |
Total | 3,536 | 3,220 | 3,722 | 4,270 | 6.5% |
Top Suppliers of Pliers and Pincers to Lithuania in 2022:
- China (104.8 tons)
- Germany (73.3 tons)
- Poland (43.8 tons)
- Latvia (13.3 tons)
- Estonia (5.0 tons)
- Taiwan (Chinese) (4.0 tons)
Pliers and Pincers Exports in Lithuania
In 2022, exports of pliers, pincers and tweezers for nonmedical use from Lithuania fell significantly to 35 tons, which is down by -20.2% on the previous year. In general, exports recorded a noticeable setback. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 44 tons, and then dropped markedly in the following year.
In value terms, pliers and pincers exports dropped to $1.2M in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 6.1% against the previous year.
Export of Pliers and Pincers in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 455 | 429 | 514 | 350 | -8.4% |
Latvia | 225 | 237 | 231 | 228 | 0.4% |
Estonia | 88.3 | 72.4 | 78.1 | 115 | 9.2% |
Kazakhstan | 10.5 | 44.0 | 15.7 | 96.5 | 109.5% |
United States | N/A | 0.1 | 0.4 | 87.2 | 2853.0% |
Belarus | 147 | 179 | 188 | 81.9 | -17.7% |
Kyrgyzstan | N/A | N/A | 0.1 | 38.3 | 38200.0% |
Poland | 41.5 | 8.2 | 16.6 | 21.9 | -19.2% |
Others | 145 | 210 | 194 | 205 | 12.2% |
Total | 1,111 | 1,179 | 1,238 | 1,224 | 3.3% |
Top Export Markets for Pliers and Pincers from Lithuania in 2022:
- Latvia (13.5 tons)
- Estonia (7.5 tons)
- Russia (4.5 tons)
- Belarus (3.0 tons)
- Kazakhstan (1.4 tons)
- Kyrgyzstan (0.7 tons)
- United States (0.7 tons)
- Poland (0.6 tons)
This report provides an in-depth analysis of the pliers and pincers 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 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal
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
-
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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