Lithuania: Market for Lighting Sets For Christmas Trees 2019

Market Size for Lighting Sets For Christmas Trees in Lithuania

The revenue of the market for lighting sets for christmas trees in Lithuania amounted to $X in 2018, falling by -X% 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 of lighting sets for christmas trees continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, the market for lighting set for christmas trees attained its maximum level at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Exports of Lighting Sets For Christmas Trees

Exports from Lithuania

Exports of lighting sets for christmas trees from Lithuania amounted to X units in 2018, going up by X% against the previous year. Overall, exports of lighting sets for christmas trees continue to indicate slight growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Lithuania exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, exports of lighting sets for christmas trees totaled $X in 2018. Over the period under review, exports of lighting sets for christmas trees continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Lithuania exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

China prevails in exports of lighting sets for christmas trees structure, resulting at X units, which was near X% of total exports in 2018. The following exporters - Cambodia (X units) and the Netherlands (X units) - each recorded a X% share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Cambodia (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of China increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest lighting set for christmas trees supplier from Lithuania, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: Cambodia (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2018, the export price for lighting sets for christmas trees in Lithuania amounted to $X per unit, going up by X% against the previous year. In general, the export price for lighting sets for christmas trees continues to indicate resilient growth. The pace of growth appeared the most rapid in 2018 when the export price increased by X% year-to-year. In that year, the export prices for lighting sets for christmas trees reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Cambodia ($X per unit), while China ($X per unit) was amongst the lowest.

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

Imports of Lighting Sets For Christmas Trees

Imports into Lithuania

Imports of lighting sets for christmas trees into Lithuania amounted to X units in 2018, flattening at the previous year. Over the period under review, imports of lighting sets for christmas trees continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Lithuania imports peaked at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, imports of lighting sets for christmas trees amounted to $X in 2018. Over the period under review, imports of lighting sets for christmas trees continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Lithuania imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

The U.S. was the key importer of lighting sets for christmas trees in the world, with the volume of imports amounting to X units, which was near X% of total imports in 2018. The UK (X units) took the second position in the ranking, followed by Canada (X units), the Netherlands (X units) and Germany (X units). All these countries together held approx. X% share of total imports. Italy (X units), Poland (X units), Mexico (X units), Brazil (X units), Venezuela (X units) and France (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to lighting set for christmas trees imports into the U.S. stood at -X%. At the same time, Venezuela (+X%), the Netherlands (+X%), Canada (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Germany and the UK experienced a relatively flat trend pattern. By contrast, France (-X%), Mexico (-X%), Italy (-X%) and Brazil (-X%) illustrated a downward trend over the same period. While the share of the Netherlands (+X p.p.) and Canada (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Mexico (-X p.p.), Brazil (-X p.p.), Italy (-X p.p.) and the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported lighting sets for christmas trees into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

In the U.S., imports of lighting sets for christmas trees 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: Germany (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2018, the import price for lighting sets for christmas trees in Lithuania amounted to $X per unit, going up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the import price increased by X% y-o-y. Lithuania import price peaked at $X per unit in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform