Lithuania: Market for Hair Brushes And Shaving And Toilet Brushes For Personal Use 2024

Market Size for Hair Brushes And Shaving And Toilet Brushes For Personal Use in Lithuania

The Lithuanian market for hair brushes and shaving and toilet brushes for personal use expanded sharply to $X in 2022, with an increase of 9.2% 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). In general, consumption, however, showed a significant increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Exports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Exports from Lithuania

In 2022, after three years of growth, there was significant decline in shipments abroad of hair brushes and shaving and toilet brushes for personal use, when their volume decreased by -14.3% to X units. In general, exports showed a noticeable decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, hair, shaving and toilet brush exports rose modestly to $X in 2022. Overall, total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +9.1% against 2016 indices. The pace of growth appeared the most rapid in 2015 when exports increased by 49%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Russia (X units), Kazakhstan (X units) and Uzbekistan (X units) were the main destinations of hair, shaving and toilet brush exports from Lithuania, together comprising 72% of total exports. Latvia, Estonia, Hungary, Poland, Finland and Germany lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +80.9%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for hair brushes and shaving and toilet brushes for personal use exports from Lithuania, comprising 43% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an 11% share of total exports. It was followed by Uzbekistan, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value to Russia totaled -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+33.9% per year) and Uzbekistan (+68.1% per year).

Export Prices by Country

The average export price for hair brushes and shaving and toilet brushes for personal use stood at $X per unit in 2022, jumping by 20% against the previous year. In general, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2015 an increase of 71% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Kazakhstan ($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 Poland (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Imports into Lithuania

In 2022, purchases abroad of hair brushes and shaving and toilet brushes for personal use decreased by -9.4% to X units for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 59% against the previous year. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, hair, shaving and toilet brush imports totaled $X in 2022. Overall, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest hair, shaving and toilet brush supplier to Lithuania, with a 37% share of total imports. Moreover, hair, shaving and toilet brush imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. Germany (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-4.1% per year) and Germany (+15.4% per year).

In value terms, China ($X), Poland ($X) and Spain ($X) were the largest hair, shaving and toilet brush suppliers to Lithuania, together accounting for 45% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +28.5%, 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 hair brushes and shaving and toilet brushes for personal use amounted to $X per unit, increasing by 21% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hair, shaving and toilet brush import price decreased by -20.6% against 2019 indices. The growth pace was the most rapid in 2015 when the average import price increased by 25%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform