Lithuania - Side Cars and Cycles with Non-Combustion Motors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Side Car and Cycle with Non-Combustion Motor in Lithuania - 2023
Contents:
- Price for Side Car and Cycle with Non-Combustion Motor in Lithuania (FOB) - 2023
- Price for Side Car and Cycle with Non-Combustion Motor in Lithuania (CIF) - 2023
- Exports of Side Car and Cycle with Non-Combustion Motor in Lithuania
- Imports of Side Car and Cycle with Non-Combustion Motor in Lithuania
Price for Side Car and Cycle with Non-Combustion Motor in Lithuania (FOB) - 2023
In September 2023, the average export price for side cars and cycles with non-combustion motors amounted to $1,027 per unit, with an increase of 6.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in May 2023 an increase of 25% against the previous month. The export price peaked in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($1,379 per unit), while the average price for exports to Uzbekistan ($266 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Side Car and Cycle with Non-Combustion Motor in Lithuania (CIF) - 2023
The average import price for side cars and cycles with non-combustion motors stood at $359 per unit in September 2023, declining by -13.4% against the previous month. Overall, the import price saw a mild slump. The pace of growth was the most pronounced in December 2022 when the average import price increased by 153% m-o-m. The import price peaked at $988 per unit in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($4,948 per unit), while the price for China ($301 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Side Car and Cycle with Non-Combustion Motor in Lithuania
In 2022, shipments abroad of side cars and cycles with non-combustion motors decreased by -12.9% to 89K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of 102K units, and then reduced in the following year.
In value terms, exports of side cars and cycles with non-combustion motors rose remarkably to $76M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 72%. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Side Car and Cycle with Non-Combustion Motor in Lithuania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 21.3 | 29.7 | 55.4 | 55.9 | 37.9% |
Germany | 2.1 | 1.3 | 2.3 | 10.2 | 69.4% |
Estonia | 0.8 | 2.5 | 4.9 | 3.3 | 60.4% |
Latvia | 1.3 | 2.7 | 2.2 | 2.8 | 29.1% |
Denmark | 1.2 | 0.5 | 1.1 | 1.4 | 5.3% |
Poland | 0.2 | 0.1 | 0.3 | 0.8 | 58.7% |
Others | 1.8 | 2.6 | 1.4 | 1.8 | 0.0% |
Total | 28.7 | 39.3 | 67.6 | 76.2 | 38.5% |
Top Export Markets for Side Car and Cycle with Non-Combustion Motor from Lithuania in 2022:
- Netherlands (61.2K units)
- Germany (8.2K units)
- Estonia (7.1K units)
- Latvia (5.7K units)
- Poland (1.9K units)
- Denmark (1.3K units)
Imports of Side Car and Cycle with Non-Combustion Motor in Lithuania
After three years of growth, supplies from abroad of side cars and cycles with non-combustion motors decreased by -29.3% to 70K units in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. As a result, imports reached the peak of 99K units, and then contracted remarkably in the following year.
In value terms, imports of side cars and cycles with non-combustion motors reduced remarkably to $23M in 2022. Overall, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of 69%. As a result, imports attained the peak of $34M, and then shrank notably in the following year.
Import of Side Car and Cycle with Non-Combustion Motor in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.7 | 13.0 | 24.0 | 12.0 | 28.2% |
Netherlands | 4.3 | 3.5 | 3.5 | 2.8 | -13.3% |
Germany | 0.5 | 0.7 | 1.2 | 1.9 | 56.0% |
Poland | 1.3 | 0.4 | 1.1 | 1.7 | 9.4% |
Italy | N/A | N/A | 1.5 | 1.1 | -26.7% |
Romania | 0.5 | N/A | N/A | 1.0 | 26.0% |
Latvia | 0.4 | 1.0 | 1.2 | 0.8 | 26.0% |
Others | 1.4 | 1.5 | 1.8 | 1.6 | 4.6% |
Total | 14.0 | 20.2 | 34.2 | 22.8 | 17.7% |
Top Suppliers of Side Car and Cycle with Non-Combustion Motor to Lithuania in 2022:
- China (37.4K units)
- Netherlands (10.4K units)
- Poland (6.1K units)
- Germany (4.3K units)
- Romania (3.7K units)
- Latvia (3.7K units)
- Italy (2.6K units)
This report provides an in-depth analysis of the market for side car and cycle with non-combustion motor 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 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
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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