Report Update Nov 1, 2024

Lithuania - Mowers for Lawns, Parks, Golf Courses or Sports Grounds - Market Analysis, Forecast, Size, Trends and Insights

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Lithuania: Lawn Mower Market 2024

Lawn Mower Market Size in Lithuania

For the third consecutive year, the Lithuanian lawn mower market recorded growth in sales value, which increased by 10% to $X in 2022. Overall, consumption enjoyed a resilient expansion. Lawn mower consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Lawn Mower Exports

Exports from Lithuania

For the fourth year in a row, Lithuania recorded growth in shipments abroad of mowers for lawns, parks, golf courses or sports grounds, which increased by 9.4% to X units in 2022. In general, exports saw a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 118% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, lawn mower exports totaled $X in 2022. Overall, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 111%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Latvia (X units) was the main destination for lawn mower exports from Lithuania, accounting for a 59% share of total exports. Moreover, lawn mower exports to Latvia exceeded the volume sent to the second major destination, Estonia (X units), fourfold. Kazakhstan (X units) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Latvia amounted to +18.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+26.0% per year) and Kazakhstan (+45.1% per year).

In value terms, Latvia ($X) remains the key foreign market for mowers for lawns, parks, golf courses or sports grounds exports from Lithuania, comprising 56% of total exports. The second position in the ranking was taken by Estonia ($X), with a 16% share of total exports. It was followed by Belarus, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value to Latvia stood at +18.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+37.2% per year) and Belarus (+10.7% per year).

Export Prices by Country

The average lawn mower export price stood at $X per unit in 2022, falling by -7.7% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 15%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+39.7%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn Mower Imports

Imports into Lithuania

Lawn mower imports into Lithuania rose rapidly to X units in 2022, growing by 15% on the previous year. Overall, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 64%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, lawn mower imports expanded rapidly to $X in 2022. Over the period under review, imports saw buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 88% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Austria (X units) and Estonia (X units) were the main suppliers of lawn mower imports to Lithuania, with a combined 49% share of total imports. The United States, the UK, Italy, Latvia and Sweden lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +90.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lawn mower suppliers to Lithuania were China ($X), Sweden ($X) and Austria ($X), together comprising 50% of total imports. Estonia, Italy, the United States, Latvia and the UK lagged somewhat behind, together accounting for a further 39%.

In terms of the main suppliers, the UK, with a CAGR of +66.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average lawn mower import price amounted to $X per unit, dropping by -5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2021 when the average import price increased by 15%. As a result, import price reached the peak level of $X per unit, and then shrank modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the lawn mower market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28304010 - Electric mowers for lawns, parks, golf courses or sports grounds
Prodcom 28304030 - Mowers for lawns, parks or sports grounds, powered nonelectrically, w ith the cutting device rotating in a horizontal plane
Prodcom 28304050 - Motor mowers for lawns, parks or sports grounds, powered non-electrically, with the cutting device rotating in a vertical plane or with cutter bars
Prodcom 28304070 - Non-motorised mowers for lawns, parks, golf courses or sports grounds (such as push cylinder mowers) (excluding with the cutting device rotating in a horizontal plane)

Country coverage:

Lithuania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Lithuania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023