Lithuania: Scent Spray Market 2024

Scent Spray Market Size in Lithuania

In 2022, after seven years of growth, there was decline in the Lithuanian scent spray market, when its value decreased by X% to $X. Overall, consumption, however, showed a prominent increase. Scent spray consumption peaked at $X in 2021, and then fell in the following year.

Scent Spray Production in Lithuania

In value terms, scent spray production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Scent Spray Exports

Exports from Lithuania

In 2022, approx. X tons of scent sprays were exported from Lithuania; growing by X% on the previous year's figure. Overall, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, scent spray exports soared to $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for scent spray exports from Lithuania, accounting for a X% share of total exports. Moreover, scent spray exports to Russia exceeded the volume sent to the second major destination, Latvia (X tons), more than tenfold. Turkey (X kg) ranked third in terms of total exports with a X% share.

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

In value terms, Russia ($X) remains the key foreign market for scent sprays exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Belarus (X% per year).

Export Prices by Country

The average scent spray export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Scent Spray Imports

Imports into Lithuania

In 2022, purchases abroad of scent sprays increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, scent spray imports soared to $X in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), Poland (X tons) and Latvia (X tons) were the main suppliers of scent spray imports to Lithuania, with a combined X% share of total imports. The Netherlands, Italy and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), France ($X) and Italy ($X) constituted the largest scent spray suppliers to Lithuania, with a combined X% share of total imports. Poland, the Netherlands and China lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 scent spray import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform