Lithuania: Refrigerator And Freezer Market 2025

Refrigerator And Freezer Market Size in Lithuania

For the third year in a row, the Lithuanian refrigerator and freezer market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, posted a strong increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Refrigerator And Freezer Production in Lithuania

In value terms, refrigerator and freezer production declined significantly to $X in 2022 estimated in export price. Over the period under review, production saw a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Refrigerator And Freezer Exports

Exports from Lithuania

In 2022, refrigerator and freezer exports from Lithuania declined markedly to X units, falling by X% compared with the previous year. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, refrigerator and freezer exports fell sharply to $X in 2022. Over the period under review, exports recorded a deep downturn. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Latvia (X units) was the main destination for refrigerator and freezer exports from Lithuania, accounting for a X% share of total exports. Moreover, refrigerator and freezer exports to Latvia exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was held by Estonia (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Latvia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Estonia (X% per year).

In value terms, the largest markets for refrigerator and freezer exported from Lithuania were Latvia ($X), Germany ($X) and Estonia ($X), together comprising X% of total exports. Russia, Ukraine, Kazakhstan, the Czech Republic, Austria, Poland, Sweden, Finland, Bulgaria and Italy lagged somewhat behind, together comprising a further X%.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average refrigerator and freezer export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Bulgaria ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator And Freezer Imports

Imports into Lithuania

In 2022, supplies from abroad of refrigerators and freezers decreased by X% to X units for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, refrigerator and freezer imports dropped to $X in 2022. Overall, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

Latvia (X units), Poland (X units) and China (X units) were the main suppliers of refrigerator and freezer imports to Lithuania, with a combined X% share of total imports.

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

In value terms, Latvia ($X) constituted the largest supplier of refrigerators and freezers to Lithuania, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Latvia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Italy (X% per year).

Import Prices by Country

The average refrigerator and freezer import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, saw a perceptible descent. The growth pace was the most rapid in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform