Lithuania: Lamp Holder Market 2025

Lamp Holder Market Size in Lithuania

In 2022, the Lithuanian lamp holder market increased by 9.2% to $X, rising for the eighth year in a row after two years of decline. Over the period under review, consumption continues to indicate buoyant growth. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Lamp Holder Production in Lithuania

In value terms, lamp holder production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 31% against the previous year. Over the period under review, production hit record highs at $X in 2021, and then fell in the following year.

Lamp Holder Exports

Exports from Lithuania

In 2022, overseas shipments of lamp holders, plugs and sockets increased by 1.2% to X tons, rising for the sixth consecutive year after two years of decline. Overall, exports recorded strong growth. The pace of growth was the most pronounced in 2013 with an increase of 47%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, lamp holder exports declined slightly to $X in 2022. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports reached the peak of $X, and then declined slightly in the following year.

Exports by Country

Russia (X tons), Latvia (X tons) and Estonia (X tons) were the main destinations of lamp holder exports from Lithuania, with a combined 0.6% share of total exports. Belarus, Sweden, Poland, Germany, Ukraine, Finland, Norway and the Netherlands lagged somewhat behind, together accounting for a further 0.3%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +81.3%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for lamp holders, plugs and sockets exports from Lithuania, comprising 47% of total exports. The second position in the ranking was taken by Latvia ($X), with a 13% share of total exports. It was followed by Belarus, with a 9.8% share.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+14.5% per year) and Belarus (+20.2% per year).

Export Prices by Country

In 2021, the average lamp holder export price amounted to $X per ton, rising by 14% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lamp holder export price increased by +14.4% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 28%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Lithuania

For the eighth consecutive year, Lithuania recorded growth in overseas purchases of lamp holders, plugs and sockets, which increased by 8.2% to X tons in 2022. Overall, imports posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, lamp holder imports totaled $X in 2022. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest lamp holder supplier to Lithuania, accounting for a 0.4% share of total imports. Moreover, lamp holder imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by Poland (X tons), with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.4% per year) and Poland (+18.7% per year).

In value terms, Germany ($X) constituted the largest supplier of lamp holders, plugs and sockets to Lithuania, comprising 40% of total imports. The second position in the ranking was taken by China ($X), with a 17% share of total imports. It was followed by the Netherlands, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+26.3% per year) and the Netherlands (+29.4% per year).

Import Prices by Country

In 2021, the average lamp holder import price amounted to $X per ton, with an increase of 8.2% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 9.7%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform