Lithuania: Market for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China 2024

Market Size for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in Lithuania

In 2022, the Lithuanian market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china decreased by -9.2% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, enjoyed buoyant growth. As a result, consumption attained the peak level of $X, and then fell in the following year.

Exports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Exports from Lithuania

In 2022, after two years of decline, there was significant growth in shipments abroad of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china, when their volume increased by 40% to X units. Over the period under review, exports, however, recorded a dramatic decrease. The pace of growth was the most pronounced in 2014 with an increase of 85%. Over the period under review, the exports of attained the maximum at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china skyrocketed to $X in 2022. In general, exports, however, saw a dramatic contraction. The most prominent rate of growth was recorded in 2016 with an increase of 67% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Latvia (X units) was the main destination for exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from Lithuania, with a 51% share of total exports. Moreover, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to Latvia exceeded the volume sent to the second major destination, Finland (X units), twofold. The third position in this ranking was held by Norway (X units), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to Latvia stood at -20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-13.6% per year) and Norway (-21.0% per year).

In value terms, Latvia ($X) emerged as the key foreign market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exports from Lithuania, comprising 47% of total exports. The second position in the ranking was held by Finland ($X), with a 21% share of total exports. It was followed by Norway, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Latvia stood at -21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-8.2% per year) and Norway (-27.2% per year).

Export Prices by Country

The average export price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X per unit in 2022, flattening at the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 18% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Imports into Lithuania

After six years of growth, purchases abroad of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china decreased by -22.6% to X units in 2022. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of X units, and then contracted remarkably in the following year.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china contracted to $X in 2022. Over the period under review, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 36%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Poland (X units), Denmark (X units) and Germany (X units) were the main suppliers of imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to Lithuania, together accounting for 73% of total imports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +58.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china suppliers to Lithuania were Poland ($X), Denmark ($X) and Germany ($X), with a combined 73% share of total imports.

In terms of the main suppliers, Denmark, with a CAGR of +64.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china amounted to $X per unit, surging by 22% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The growth pace was the most rapid in 2015 an increase of 29%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bulgaria ($X per unit) and Poland ($X per unit), while the price for Belarus ($X per unit) and Denmark ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform