Lithuania: Washing Machine Market 2020

Washing Machine Market Size in Lithuania

The revenue of the washing machine market in Lithuania amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, washing machine consumption, however, continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2017 when the market value increased by X% year-to-year. Lithuania washing machine consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Washing Machine Production in Lithuania

In value terms, washing machine production amounted to $X in 2018 estimated in export prices. In general, washing machine production continues to indicate a relatively flat trend pattern. Lithuania washing machine production peaked in 2018 and is likely to see steady growth in the immediate term.

Washing Machine Exports

Exports from Lithuania

In 2018, the exports of household washing and drying machines from Lithuania amounted to X units, going up by X% against the previous year. In general, washing machine exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. In that year, washing machine exports attained their peak of X units. From 2017 to 2018, the growth of washing machine exports remained at a somewhat lower figure.

In value terms, washing machine exports stood at $X in 2018. Over the period under review, washing machine exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. In that year, washing machine exports reached their peak of $X. From 2017 to 2018, the growth of washing machine exports failed to regain its momentum.

Exports by Country

In 2018, China (X units), distantly followed by Poland (X units), Thailand (X units) and Turkey (X units) were the main exporters of household washing and drying machines, together achieving X% of total exports. Germany (X units), Slovakia (X units), Italy (X units), Mexico (X units) and Russia (X units) held a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Russia, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and Turkey ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Thailand, Germany, Italy, Slovakia, Mexico, Russia and Lithuania lagged somewhat behind, together comprising a further X recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the washing machine export price in Lithuania amounted to $X per unit, falling by -X% against the previous year. Overall, the washing machine export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. In that year, the export prices for household washing and drying machines attained their peak level of $X per unit. From 2014 to 2018, the growth in terms of the export prices for household washing and drying machines remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced mixed trends in the export price figures.

Washing Machine Imports

Imports into Lithuania

In 2018, approx. X units of household washing and drying machines were imported into Lithuania; picking up by X% against the previous year. In general, washing machine imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, washing machine imports reached their maximum at X units in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, washing machine imports amounted to $X in 2018. Over the period under review, washing machine imports, however, continue to indicate a moderate decrease. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, washing machine imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of washing machine imports in 2018 were Germany (X units), the UK (X units), France (X units), Japan (X units), Italy (X units), the U.S. (X units), Spain (X units), Australia (X units), Sweden (X units), the United Arab Emirates (X units), Russia (X units) and Venezuela (X units), together resulting at X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Venezuela, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Japan ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

Japan experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The washing machine import price in Lithuania stood at $X per unit in 2018, shrinking by -X% against the previous year. Overall, the washing machine import price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2013 when the import price increased by X% y-o-y. Over the period under review, the import prices for household washing and drying machines attained their maximum at $X per unit in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per unit), while Venezuela ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform