Lithuania: Knife And Scissors Market 2020

Knife And Scissors Market Size in Lithuania

The revenue of the knife and scissors market in Lithuania amounted to $X in 2018, surging by X% against the previous year. Overall, knife and scissors consumption continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, the knife and scissors market attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Knife And Scissors Production in Lithuania

In value terms, knife and scissors production totaled $X in 2018 estimated in export prices. In general, knife and scissors production continues to indicate a precipitous downturn. The most prominent rate of growth was recorded in 2008 with a decrease of -X% y-o-y. Lithuania knife and scissors production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Knife And Scissors Exports

Exports from Lithuania

In 2018, the amount of knives, scissors and blades exported from Lithuania amounted to X units, declining by -X% against the previous year. Over the period under review, knife and scissors exports, however, continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Lithuania exports peaked at X units in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, knife and scissors exports totaled $X in 2018. Overall, knife and scissors exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Lithuania exports peaked at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

China represented the largest exporter of knives, scissors and blades in the world, with the volume of exports reaching X units, which was approx. X% of total exports in 2018. Brazil (X units) held a X% share (based on tons) of total exports, which put it in second place, followed by Vietnam (X%). Thailand (X units), China, Hong Kong SAR (X units) and Italy (X units) held a relatively small share of total exports.

From 2007 to 2018, average annual rates of growth with regard to knife and scissors exports from China stood at +X%. At the same time, Thailand (+X%), Vietnam (+X%), Brazil (+X%), China, Hong Kong SAR (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. China (+X p.p.), Brazil (+X p.p.), Vietnam (+X p.p.), Thailand (+X p.p.) and China, Hong Kong SAR (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest knife and scissors supplier from Lithuania, comprising X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

In China, knife and scissors exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Italy (+X% per year) and Brazil (+X% per year).

Export Prices by Country

In 2018, the knife and scissors export price in Lithuania amounted to $X per unit, rising by X% against the previous year. Over the period under review, the knife and scissors export price continues to indicate a prominent expansion. The growth pace was the most rapid in 2018 when the export price increased by X% year-to-year. In that year, the export prices for knives, scissors and blades attained their peak level and is likely to continue its growth in the immediate term.

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

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

Knife And Scissors Imports

Imports into Lithuania

In 2018, approx. X units of knives, scissors and blades were imported into Lithuania; growing by X% against the previous year. Overall, knife and scissors imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, knife and scissors imports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, knife and scissors imports amounted to $X in 2018. Overall, the total imports indicated remarkable growth from 2007 to 2018: its value 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, knife and scissors imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, knife and scissors imports attained their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

The imports of the three major importers of knives, scissors and blades, namely the U.S., Germany and the United Arab Emirates, represented more than fourth of total import. Japan (X units), Vietnam (X units), Brazil (X units), Indonesia (X units), South Korea (X units), France (X units), Russia (X units), the Netherlands (X units) and Spain (X units) took a little share of total imports.

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

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

From 2007 to 2018, the average annual growth rate 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 France (+X% per year).

Import Prices by Country

In 2018, the knife and scissors import price in Lithuania amounted to $X per unit, coming down by -X% against the previous year. Over the period under review, the knife and scissors import price continues to indicate a slight reduction. The growth pace was the most rapid in 2009 an increase of X% year-to-year. Over the period under review, the import prices for knives, scissors and blades reached their maximum at $X per unit in 2010; however, from 2011 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform