Lithuania: Household Sewing Machine Market 2020

Household Sewing Machine Market Size in Lithuania

The revenue of the household sewing machine market in Lithuania amounted to $X in 2018, shrinking 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). Over the period under review, household sewing machine consumption continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Lithuania household sewing machine consumption peaked at $X in 2017, and then declined slightly in the following year.

Household Sewing Machine Exports

Exports from Lithuania

Household sewing machine exports from Lithuania totaled X units in 2018, growing by X% against the previous year. Over the period under review, household sewing machine exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, household sewing machine exports reached their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, household sewing machine exports totaled $X in 2018. In general, household sewing machine exports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Lithuania exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Vietnam (X units) and China (X units) were the major exporters of household sewing machines in 2018, finishing at approx. X% and X% of total exports, respectively. Taiwan, Chinese (X units) occupied the next position in the ranking, followed by Thailand (X units) and Germany (X units). All these countries together took approx. X% share of total exports. The following exporters - the Netherlands (X units) and India (X units) - each recorded a X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the largest household sewing machine markets from Lithuania were Vietnam ($X), China ($X) and Taiwan, Chinese ($X), together accounting for X% of total exports. Thailand, Germany, the Netherlands, India and Lithuania lagged somewhat behind, together comprising a further X Netherlands experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The household sewing machine export price in Lithuania stood at $X per unit in 2018, waning by -X% against the previous year. Overall, the household sewing machine export price continues to indicate a significant deduction. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. Lithuania export price peaked at $X per unit in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

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

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

Household Sewing Machine Imports

Imports into Lithuania

In 2018, approx. X units of household sewing machines were imported into Lithuania; jumping by X% against the previous year. Over the period under review, household sewing machine imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, household sewing machine imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, household sewing machine imports amounted to $X in 2018. In general, household sewing machine imports continue to indicate buoyant growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. In that year, household sewing machine imports reached their peak of $X, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X units), distantly followed by Germany (X units), Japan (X units), the Netherlands (X units) and Russia (X units) were the main importers of household sewing machines, together comprising X% of total imports. The following importers - Venezuela (X units), the UK (X units), Spain (X units), Poland (X units), France (X units), Bangladesh (X units) and Belgium (X units) - together made up X% of total imports.

The U.S. experienced a relatively flat trend pattern of household sewing machines imports. At the same time, Venezuela (+X%), the Netherlands (+X%), Poland (+X%), Germany (+X%), Belgium (+X%), Spain (+X%), Bangladesh (+X%) and Japan (+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. The UK experienced a relatively flat trend pattern. By contrast, Russia (-X%) and France (-X%) illustrated a downward trend over the same period. While the share of the Netherlands (+X p.p.), Germany (+X p.p.), Venezuela (+X p.p.) and Poland (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and Japan ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Poland, France, the Netherlands, Russia, the UK, Spain, Belgium, Lithuania, Bangladesh and Venezuela lagged somewhat behind, together comprising a further X terms of the main importing countries, Poland recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the household sewing machine import price in Lithuania amounted to $X per unit, dropping by -X% against the previous year. Over the period under review, the household sewing machine import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Lithuania import price peaked at $X per unit in 2010; however, from 2011 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform