Ac/Dc Motor Market Overview in Lithuania
In value terms, ac/dc motor production totaled $976K in 2010 estimated in export prices. In general, ac/dc motor production, however, continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2009 when production volume increased by 5% y-o-y. Lithuania ac/dc motor production peaked at $1.2M in 2007; however, from 2008 to 2010, production remained at a lower figure.
The revenue of the ac/dc motor market in Lithuania amounted to $5.1M in 2010, surging by 879% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, ac/dc motor consumption, however, continues to indicate a deep decline. The most prominent rate of growth was recorded in 2010 with an increase of 879% against the previous year. Lithuania ac/dc motor consumption peaked at $6.7M in 2007; however, from 2008 to 2010, consumption failed to regain its momentum.