Lithuania: Market for Electric Shavers, Hair-Removing Appliances And Hair Clippers 2025

Market Size for Electric Shavers, Hair-Removing Appliances And Hair Clippers in Lithuania

In 2022, the Lithuanian market for electric shavers, hair-removing appliances and hair clippers decreased by -29% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, saw a strong increase. Consumption of peaked at $X in 2021, and then declined dramatically in the following year.

Exports of Electric Shavers, Hair-Removing Appliances And Hair Clippers

Exports from Lithuania

In 2022, exports of electric shavers, hair-removing appliances and hair clippers from Lithuania surged to X units, rising by 76% on 2021. In general, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2014 with an increase of 70%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Russia (X units), Latvia (X units) and Serbia (X units) were the main destinations of exports of electric shavers, hair-removing appliances and hair clippers from Lithuania, together comprising 53% of total exports. Poland, Estonia, Finland, Kazakhstan, Denmark, Belarus and Bulgaria lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +118.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric shavers, hair-removing appliances and hair clippers exported from Lithuania were Russia ($X), Poland ($X) and Latvia ($X), with a combined 52% share of total exports.

Poland, with a CAGR of +114.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for electric shavers, hair-removing appliances and hair clippers amounted to $X per unit, with a decrease of -26.7% against the previous year. In general, the export price, however, recorded a strong increase. The growth pace was the most rapid in 2013 an increase of 45%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per unit), while the average price for exports to Finland ($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 Belarus (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Shavers, Hair-Removing Appliances And Hair Clippers

Imports into Lithuania

In 2022, overseas purchases of electric shavers, hair-removing appliances and hair clippers increased by 16% to X units, rising for the second year in a row after two years of decline. Overall, imports saw a strong increase. The growth pace was the most rapid in 2017 when imports increased by 26% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers shrank to $X in 2022. In general, imports posted a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of 27%. Over the period under review, imports of reached the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

Germany (X units), Latvia (X units) and Belgium (X units) were the main suppliers of imports of electric shavers, hair-removing appliances and hair clippers to Lithuania, together comprising 61% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +158.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Germany ($X) and Estonia ($X) were the largest electric shavers, hair-removing appliances and hair clippers suppliers to Lithuania, with a combined 70% share of total imports. Belgium, Poland, China, the Netherlands and Hungary lagged somewhat behind, together accounting for a further 25%.

In terms of the main suppliers, Belgium, with a CAGR of +169.5%, saw the highest rates of growth with regard to 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

The average import price for electric shavers, hair-removing appliances and hair clippers stood at $X per unit in 2022, waning by -19.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform