Lithuania: Toy Market 2020

Toy Market Size in Lithuania

The revenue of the toy market in Lithuania amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, toy consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the toy market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Toy Production in Lithuania

In value terms, toy production totaled $X in 2018 estimated in export prices. Over the period under review, toy production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when production volume increased by X% against the previous year. Lithuania toy production peaked at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.

Toy Exports

Exports from Lithuania

Toy exports from Lithuania totaled X tons in 2018, leveling off at the previous year. Overall, toy exports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Lithuania exports peaked at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, toy exports amounted to $X in 2018. In general, toy exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Lithuania exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China dominates toy exports structure, amounting to X tons, which was approx. X% of total exports in 2018. It was distantly followed by China, Hong Kong SAR (X tons), comprising a X% share of total exports. Germany (X tons), the Czech Republic (X tons), the Netherlands (X tons) and Vietnam (X tons) held a little share of total exports.

From 2007 to 2018, average annual rates of growth with regard to toy exports from China stood at +X%. At the same time, Vietnam (+X%), the Netherlands (+X%), the Czech Republic (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while China, Hong Kong SAR (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest toy supplier from Lithuania, comprising X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China, Hong Kong SAR (-X% per year) and the Czech Republic (+X% per year).

Export Prices by Country

The toy export price in Lithuania stood at $X per ton in 2018, picking up by X% against the previous year. Overall, the toy export price, however, continues to indicate a measured decline. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, the export prices for dolls and toys reached their maximum at $X per ton in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Czech Republic ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam, while the other leaders experienced more modest paces of growth.

Toy Imports

Imports into Lithuania

In 2018, the amount of dolls and toys imported into Lithuania stood at X tons, going up by X% against the previous year. Over the period under review, toy imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Lithuania imports peaked at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, toy imports amounted to $X in 2018. In general, toy imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Over the period under review, toy imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

The U.S. represented the key importing country with an import of about X tons, which recorded X% of total imports. The UK (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Germany (X%) and China, Hong Kong SAR (X%). France (X tons), Russia (X tons), Japan (X tons), Canada (X tons), the Netherlands (X tons), Spain (X tons), the Czech Republic (X tons) and Belgium (X tons) took a relatively small share of total imports.

From 2007 to 2018, average annual rates of growth with regard to toy imports into the U.S. stood at -X%. At the same time, Russia (+X%), the Czech Republic (+X%), the Netherlands (+X%), Germany (+X%) and France (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Belgium and Japan experienced a relatively flat trend pattern. By contrast, the UK (-X%), Spain (-X%), Canada (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Russia (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the U.S. (-X p.p.) and China, Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported dolls and toys into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2018, the toy import price in Lithuania amounted to $X per ton, increasing by X% against the previous year. In general, the import price indicated a prominent increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, toy import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Lithuania import price peaked in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform