Lithuania Autos Report 2013

Publisher Name :
Date: 12-Dec-2012
No. of pages: 48

New passenger car sales in Lithuania rose 64.6% year-on-year (y-o-y) in 2011, to 12,294 units, according

to the state registration agency Regitra. New commercial vehicle sales also grew by 95.8% y-o-y, to 4,690

units, according to figures released by the European Automobile Manufacturers Association (ACEA).

This gave a total new vehicle sales figure of 16,984 units for the year, an increase of 72.2% y-o-y.

However, it has been a different story in 2012 year-to-date, with new passenger car sales down by 2.5

%over the first nine months of the year, at 8,900 units. Commercial vehicles sales have also fallen back,

down by 5.2%, to 2,972 units over the January-August period.

Against this deteriorating backdrop, BMI has revised down its 2012 new passenger car sales forecast to a

fall of 5% for the full year. With commercial vehicle sales also set to decline by some 7%, this equates to

a 5.5% annual decline across the new vehicle sales market as a whole. The forecast is based on increased

evidence of a renewed slowdown in the Lithuanian economy, with BMI's Macroeconomic team

forecasting growth of just 1.4% in 2013, down from 2.3% growth in 2012. Domestic demand is also

being suppressed by both falling private consumption growth and still-high unemployment (13.3% in

Q212). Inflation is also still potentially a concern for the domestic economy, with the HICP measure of

inflation standing at 3.4% in September 2012, although this is down from earlier in the year. This raises

the spectre of the Bank of Lithuania potentially having to increase interest rates from current low levels of

just 1.5%. Higher interest rates would also feed into higher loan rates on car financing agreements, which

could further depress demand over the short term.

Beyond 2013, BMI is more optimistic on the longer term outlook for the Lithuanian new vehicle sales

market, forecasting expansion of 36.9% in total vehicle sales between end-2013 and end-2017, to reach

23,695 units. This is based on our view that a more pronounced recovery in demand from developed

markets and improved fiscal dynamics should pave the way for a stronger growth trajectory and, by

extension, higher new car sales for the country. Commercial vehicle sales will grow at a faster rate than

that for passenger cars over the forecast period. The main threat to our new car sales forecasts remains a

break-up of the eurozone, with the risk remaining that Greece may have to default in 2013.

In terms of manufacturers, Germany's Volkswagen (VW) is the dominant player in the Lithuanian new

car sales market, selling 2,257 units in 2011. In second place is Japanese automaker Nissan Motor, which

sold 1,663 units, followed by French carmaker Peugeot, which sold 1,398 units.

Other key players on the Lithuanian new vehicle market include Skoda and Toyota Motor in the

passenger car segment and Fiat in the commercial vehicle segment.

Lithuania Autos Report 2013

Executive Summary ........................................................................................................................................ 5
SWOT Analysis ................................................................................................................................................ 6
Lithuania Autos Industry SWOT ........................................................................................................................................................................... 6
Lithuania Political SWOT Analysis....................................................................................................................................................................... 7
Lithuania Economic SWOT Analysis .................................................................................................................................................................... 7
Lithuania Business Environment SWOT Analysis ................................................................................................................................................. 8
Global Overview .............................................................................................................................................. 9
UK Boosts Europe, But Favourites Still Outperform ................................................................................................................................................. 9
Table: Passenger Car Sales 8M12 ........................................................................................................................................................................ 9
Incentive Boom For Japan, US Powers On ................................................................................................................................................................ 9
CEE Regional Overview ................................................................................................................................ 14
Industry Risk/Reward Ratings ...................................................................................................................... 21
Poor Show From Western Europe Hurts Region's Score In BMI Ratings ................................................................................................................. 21
Table: BMI Industry Risk/Reward Ratings For Autos In Europe ......................................................................................................................... 25
Industry Forecast Scenario ........................................................................................................................... 26
Sales......................................................................................................................................................................................................................... 26
Table: Lithuania Auto Sales, 2010-2017 ............................................................................................................................................................. 26
Trade ....................................................................................................................................................................................................................... 27
Macroeconomic Forecast Scenario .............................................................................................................. 28
Table: Lithuania - Economic Activity, 2011-2016 .............................................................................................................................................. 31
Competitive Landscape ................................................................................................................................ 32
Cars .................................................................................................................................................................................................................... 32
Table: Lithuania - Top 10 Best-Selling Manufacturers September 2012 ............................................................................................................. 33
Commercial Vehicles .......................................................................................................................................................................................... 33
Table: Lithuania - New CV Sales 2011 .............................................................................................................................................................. 34
Suppliers ............................................................................................................................................................................................................. 35
Alternative Fuels ................................................................................................................................................................................................. 36
Company Monitor .......................................................................................................................................... 38
Company Profiles .......................................................................................................................................... 40
Inchcape ............................................................................................................................................................................................................. 40
Toyota Motor ...................................................................................................................................................................................................... 41
Country Snapshot ......................................................................................................................................... 42
Table: Lithuania's Population By Age Group, 1990-2020 ('000) ......................................................................................................................... 43
Table: Lithuania's Population By Age Group, 1990-2020 (% of total) ................................................................................................................ 44
Table: Lithuania's Key Population Ratios, 1990-2020 ....................................................................................................................................... 45
Table: Lithuania's Rural And Urban Population, 1990-2020 .............................................................................................................................. 45
BMI Methodology .......................................................................................................................................... 46
How We Generate Our Industry Forecasts ......................................................................................................................................................... 46
Sources ............................................................................................................................................................................................................... 47Executive Summary ........................................................................................................................................ 5
SWOT Analysis ............................................................................................................................................... 7
Angola Pharmaceuticals And Healthcare SWOT .................................................................................................................................................. 7
Pharmaceutical Risk/Reward Ratings ........................................................................................................... 8
Table: MEA Pharmaceuticals And Healthcare Risk/Reward Ratings, Q113 ......................................................................................................... 8
Rewards ................................................................................................................................................................................................................ 9
Risks .................................................................................................................................................................................................................... 10
Market Summary ........................................................................................................................................... 11
Regulatory Regime ....................................................................................................................................... 13
Intellectual Property Issues................................................................................................................................................................................. 13
Pricing And Reimbursement ............................................................................................................................................................................... 13
Regulatory Developments ................................................................................................................................................................................... 14
Epidemiology ...................................................................................................................................................................................................... 14
Clinical Trials Sector .......................................................................................................................................................................................... 17
Industry Forecast Scenario .......................................................................................................................... 18
Overall Market Forecast .......................................................................................................................................................................................... 18
Table: Pharmaceutical Sales Indicators, 2008-2016 .......................................................................................................................................... 19
Key Growth Factors - Industry ................................................................................................................................................................................ 20
Table: Healthcare Expenditure Indicators, 2008-2016 ...................................................................................................................................... 22
Table: Healthcare Governmental Indicators, 2008-2016 ................................................................................................................................... 22
Table: Healthcare Private Indicators, 2008-2016 .............................................................................................................................................. 23
Key Growth Factors - Macroeconomic ................................................................................................................................................................... 24
Table: Angola - Economic Activity ..................................................................................................................................................................... 27
Key Risks To BMI's Forecast Scenario .................................................................................................................................................................... 28
Competitive Landscape ............................................................................................................................... 29
Company Developments ...................................................................................................................................................................................... 29
Company Profiles ......................................................................................................................................... 31
Demographic Outlook .................................................................................................................................. 32
Table: Angola's Population By Age Group, 1990-2020 ('000) ............................................................................................................................. 33
Table: Angola's Population By Age Group, 1990-2020 (% of total) .................................................................................................................... 34
Table: Angola's Key Population Ratios, 1990-2020............................................................................................................................................ 35
Table: Angola's Rural And Urban Population, 1990-2020 ................................................................................................................................. 35
Glossary ........................................................................................................................................................ 36
BMI Methodology .......................................................................................................................................... 38
How We Generate Our Pharmaceutical Industry Forecasts ............................................................................................................................... 38
Risk/Reward Ratings Methodology ..................................................................................................................................................................... 39
Ratings Overview ................................................................................................................................................................................................ 39
Table: Pharmaceutical Business Environment Indicators ................................................................................................................................... 40
Weighting ............................................................................................................................................................................................................ 41
Table: Weighting Of Components ....................................................................................................................................................................... 41Executive Summary ........................................................................................................................................ 5
SWOT Analysis ............................................................................................................................................... 7
Australia Tourism SWOT ...................................................................................................................................................................................... 7
Australia Political SWOT ...................................................................................................................................................................................... 7
Australia Economic SWOT ................................................................................................................................................................................... 8
Australia Business Environment SWOT ................................................................................................................................................................ 9
Industry Forecast Scenario .......................................................................................................................... 10
Arrivals .................................................................................................................................................................................................................... 10
Table: Arrivals, 2010-2017 ................................................................................................................................................................................. 10
Accommodation ....................................................................................................................................................................................................... 11
Table: Accommodation Data, 2010-2017 ........................................................................................................................................................... 11
Expenditure .............................................................................................................................................................................................................. 11
Table: Expenditure Data, 2010-2017 .................................................................................................................................................................. 12
Inbound Tourism ...................................................................................................................................................................................................... 12
Table: Inbound Tourism, 2010-2017 ................................................................................................................................................................... 13
Outbound Tourism ................................................................................................................................................................................................... 14
Table: Outbound Tourism, 2010-2017 ................................................................................................................................................................ 14
Market Overview - Travel ............................................................................................................................. 16
Commercial Airlines ................................................................................................................................................................................................ 16
Global Oil Products Price Outlook ..................................................................................................................................................................... 19
Table: BMI's Oil Price Forecasts And Bloomberg Consensus, Average Price (US$/bbl), 2011-2014 ................................................................. 19
Market Overview - Hospitality ...................................................................................................................... 28
Hotels ....................................................................................................................................................................................................................... 28
Risk/Reward Ratings .................................................................................................................................... 31
Table: Asia Pacific Tourism Risk/Reward Ratings.............................................................................................................................................. 31
BMI Security Ratings ............................................................................................................................................................................................... 31
Table: Asia Pacific Security Ratings ................................................................................................................................................................... 32
Table: Asia Pacific State Vulnerability To Terrorism Index ............................................................................................................................... 33
Australia's Security Risk Ratings ............................................................................................................................................................................. 33
South East Asia Security Overview .......................................................................................................................................................................... 34
Strategic Outlook For The 2010s ........................................................................................................................................................................ 34
Challenges And Threats To Stability And Security .............................................................................................................................................. 35
Main Islamist Militant Groups In South East Asia .............................................................................................................................................. 37
Other Regional Threats ....................................................................................................................................................................................... 41
China-US Rivalry In South East Asia .................................................................................................................................................................. 43
Outlook For South East Asia ............................................................................................................................................................................... 45
Macroeconomic Overview ............................................................................................................................ 46
Table: Australia - Economic Activity, 2011-2016 ............................................................................................................................................... 48
Global Assumptions ..................................................................................................................................... 49
Table: Global Assumptions, 2011-2017 .............................................................................................................................................................. 49
Table: Global & Regional Real GDP Growth, % chg y-o-y, 2011-2014 .............................................................................................................. 50
Table: Developed Market Exchange Rates, 2011-2014 ...................................................................................................................................... 51
Table: Emerging Market Exchange Rates, 2011-2014 ........................................................................................................................................ 51
Developed States ...................................................................................................................................................................................................... 51
Table: Developed States Real GDP Growth Forecasts, 2011-2014 (%) .............................................................................................................. 52
Emerging Markets .................................................................................................................................................................................................... 52
Table: Emerging Markets Real GDP Growth Forecasts, 2011-2014 (%) ............................................................................................................ 53
Table: BMI v Bloomberg Consensus Real GDP Growth Forecast, 2012-2013 (%) ............................................................................................. 54
Company Profiles ......................................................................................................................................... 55
Amalgamated Holdings ....................................................................................................................................................................................... 55
Australian Leisure & Hospitality Group ............................................................................................................................................................. 56
Qantas................................................................................................................................................................................................................. 57
Singapore Airlines .............................................................................................................................................................................................. 58
Sunland Group .................................................................................................................................................................................................... 59
Thakral Holdings ................................................................................................................................................................................................ 60
Country Snapshot ......................................................................................................................................... 61
Table: Australia's Population By Age Group, 1990-2020 ('000) .......................................................................................................................... 62
Table: Australia's Population By Age Group, 1990-2020 (% of total) ................................................................................................................. 63
Table: Australia's Key Population Ratios, 1990-2020 ........................................................................................................................................ 64
Table: Australia's Rural And Urban Population, 1990-2020 ............................................................................................................................... 64
BMI Methodology .......................................................................................................................................... 65
How We Generate Our Industry Forecasts ......................................................................................................................................................... 65
Tourism Industry ................................................................................................................................................................................................. 65
Tourism Ratings - Methodology ......................................................................................................................................................................... 66
Table: Tourism Risk/Reward Ratings Indicators ................................................................................................................................................ 67
Table: Weighting Of Components ....................................................................................................................................................................... 68
Sources ............................................................................................................................................................................................................... 68BMI Industry View ........................................................................................................................................... 7
SWOT Analysis ................................................................................................................................................ 9
Azerbaijan Oil And Gas SWOT ............................................................................................................................................................................. 9
Industry Forecast Scenario ........................................................................................................................... 10
Oil And Gas Reserves .............................................................................................................................................................................................. 10
Table: Azerbaijan Proven Oil And Gas Reserves And Total Petroleum Data, 2010-2016 ................................................................................... 10
Table: Azerbaijan Proven Oil And Gas Reserves And Total Petroleum Data, 2015-2021 ................................................................................... 11
Oil Supply And Demand ........................................................................................................................................................................................... 13
Table: Azerbaijan Oil Production, Consumption And Net Exports, 2010-2016 ................................................................................................... 13
Table: Azerbaijan Oil Production, Consumption And Net Exports, 2015-2021 ................................................................................................... 14
Gas Supply And Demand ......................................................................................................................................................................................... 17
Table: Azerbaijan Gas Production, Consumption And Net Exports, 2010-2016 .................................................................................................. 17
Table: Azerbaijan Gas Production, Consumption And Net Exports, 2015-2021 .................................................................................................. 19
LNG ......................................................................................................................................................................................................................... 24
Refining And Oil Products Trade ............................................................................................................................................................................. 25
Table: Azerbaijan Refining - Production And Consumption, 2010-2016 ............................................................................................................ 25
Table: Azerbaijan Refining - Production And Consumption, 2015-2021 ............................................................................................................ 25
Revenues/Import Costs............................................................................................................................................................................................. 26
Country Risk/Reward Ratings ....................................................................................................................... 28
Azerbaijan Upstream Ratings ............................................................................................................................................................................. 28
Regional And Country Risk/Reward Ratings .............................................................................................. 29
Table: Central And Eastern Europe Risk/Reward Ratings .................................................................................................................................. 30
Table: Upstream Risk/Reward Rating ................................................................................................................................................................. 31
Table: CEE Downstream Risk/Reward Ratings .................................................................................................................................................. 34
Azerbaijan Energy Market Overview ............................................................................................................ 38
Overview/State Role ................................................................................................................................................................................................. 40
Licensing And Regulation ......................................
  • China Car Navigation Industry Report, 2011
    Published: 19-Jan-2012        Price: US 2200 Onwards        Pages: 98
    Car navigation equipment mainly include two categories: In-Dash navigation and Portable Navigation Device (PND). In OEM market, In-Dash navigation devices play main roles. In December 2011, ResearchInChina investigated 3,698 models of passenger cars on sale in the Chinese market and found that 1,041 models (accounting for 28.2%, up 6.7 percentage points from 2010) were equipped with In-Dash navigation devices (as standard confi......
  • China Car Electric Window Regulator Industry Report, 2011
    Published: 19-Jan-2012        Price: US 2300 Onwards        Pages: 90
    In China, electric window regulator was first applied in 1991, mounted on Santana cars developed by Shanghai Volkswagen. The advancement and maturity of technologies, combined with people’s rising requirements on comfort enable electric window regulator to find wide application in China. In 2011, more than 85% of passenger cars and around 70% of commercial vehicles in China were equipped with electric window regulators. ......
  • China Car Rearview Mirror Market Report, 2011
    Published: 03-Feb-2012        Price: US 1700 Onwards        Pages: 65
    As an important auto part, rearview mirror can be generally divided into exterior rearview mirror, interior rearview mirror and underside rearview mirror. In recent years, along with consumers’ raised requirements on driving safety and comfortableness, new functions such as electrical control and anti-glare feature are increasingly popular in rearview mirror products. In 2011, the installation rate of electrical control exterior rearview mirror in Chinese passenge......
  • Global and China Micro and Special Motor Industry Report, 2011-2012
    Published: 01-Mar-2012        Price: US 2500 Onwards        Pages: 0
    In 2011, the micro & special motor industry saw the price of its most crucial raw material NdFeB soar, with the price of sintered NdFeB magnet increasing from RMB 107/kg at the beginning of 2011 to RMB 607/kg in July and to RMB 330/kg in early November. However, as raw materials only account for a very small proportion (less than 5%) of the cost of micro & special motor, the price hike didn't promote the prices of micro & special motors or reduce the profits of micro & special mo......
  • Global and China Automotive Wheel Hub Industry Report, 2011-2012
    Published: 30-Mar-2012        Price: US 2500 Onwards        Pages: 135
    Global and China Automotive Wheel Hub Industry Report, 2011-2012 covers the followings: Global and Chinese Automotive Market Global and Chinese Wheel Hub Industry Research on 31 Major Wheel Hub Manufacturers Worldwide Research on 5 Major Steel Wheel Hub Manufacturers in China In China, aluminum wheel hub manufacturers can be divided into two categories, aftermarket-oriented, mainly referring to small- and medium-sized pro......
  • China Automotive Windshield Wiper Industry Report, 2011-2012
    Published: 20-Apr-2012        Price: US 2000 Onwards        Pages: 86
    The increasing output and ownership of passenger cars pushed up China's demand for windshield wiper by 17% to 150 million in 2011. Meanwhile, the application of rain-sensing windshield wipers for passenger cars in China increased 1.6 percentage points year on year to 9.6% in 2011. As opposed to 2010, China's automotive windshield wiper market witnessed two major changes in 2011. OEM market concentration increased: the combined market share of top 4 manufacturers i......
  • Egypt Autos Report Q2 2012
    Published: 01-May-2012        Price: US 1295 Onwards        Pages: 49
    Egypt’s autos industry remains in the doldrums, with demand for new vehicles remaining depressed owing to a combination of economic and political strife. Sales fell during the revolution that saw former president Hosni Mubarak ousted from power. Total passenger car sales fell 31% in 2011, to just over 133,000 units, according to Egypt’s Automotive Marketing Information Council, as cited by the FT. This compares with passenger car sales of nearly 193,000 in 2010. Egypt’s largest vehicle as......
  • Philippines Autos Report Q2 2012
    Published: 01-May-2012        Price: US 1295 Onwards        Pages: 43
    gs look more promising for the demand segment on the other hand. Two months into 2012, there have been mixed results in the Philippines new vehicle market as importers mostly capitalised on the ongoing supply shortages hindering local producers. CAMPI announced that combined sales in the first two months of 2012 reached 18,977 units, down 15.7% year-on-year (y-o-y). For the industry as a whole this is a positive sign that demand exists in the market. Indeed, private consumption growth, which ma......
  • South Africa Autos Report Q2 2012
    Published: 01-May-2012        Price: US 1295 Onwards        Pages: 66
    BMI is expecting significant growth in the South African auto industry over the rest of 2012. We see sales running around 19.9% growth, and within this, car sales operating at 23.57% growth – bringing the figures to 686,456 overall and 491,531 for passenger vehicles. This pushes overall sales towards the previous high of 2006, which saw overall sales of 715,588 and 481,577 cars – meaning that this record figure has now been passed – indicative of a return of strength after the global finan......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs