Lithuania: Hand Saw Market 2025

Hand Saw Market Size in Lithuania

In 2022, after three years of growth, there was decline in the Lithuanian hand saw market, when its value decreased by -3.3% to $X. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then declined modestly in the following year.

Hand Saw Exports

Exports from Lithuania

Hand saw exports from Lithuania shrank to X tons in 2022, declining by -14.8% on the year before. Overall, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2014 when exports increased by 110% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, hand saw exports skyrocketed to $X in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 148%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Latvia (X tons), Germany (X tons) and Estonia (X tons) were the main destinations of hand saw exports from Lithuania, together comprising 64% of total exports. Belarus, Russia, the Netherlands and the United States lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +323.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand saw exported from Lithuania were Germany ($X), Russia ($X) and Latvia ($X), together comprising 73% of total exports. Estonia, Belarus, the Netherlands and the United States lagged somewhat behind, together comprising a further 22%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +316.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hand saw export price stood at $X per ton in 2022, picking up by 63% against the previous year. In general, the export price saw buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Saw Imports

Imports into Lithuania

Hand saw imports into Lithuania totaled X tons in 2022, stabilizing at the previous year's figure. In general, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.8% against 2020 indices. The growth pace was the most rapid in 2017 when imports increased by 48% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, hand saw imports contracted to $X in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +12.5% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of 45%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

China (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of hand saw imports to Lithuania, together accounting for 66% of total imports. Sweden, Estonia, Latvia and Belgium lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +51.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Estonia ($X) were the largest hand saw suppliers to Lithuania, with a combined 49% share of total imports. Germany, Sweden, Belgium and Latvia lagged somewhat behind, together accounting for a further 33%.

Sweden, with a CAGR of +43.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hand saw import price stood at $X per ton in 2022, declining by -10.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform