Lithuania: Telephone Market 2025

Telephone Market Size in Lithuania

The Lithuanian telephone market plummeted to $X in 2022, reducing by -30.1% against the previous year. Overall, consumption showed a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Telephone Production in Lithuania

In value terms, telephone production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2014 with an increase of 90% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Telephone Exports

Exports from Lithuania

In 2022, after three years of decline, there was significant growth in shipments abroad of telephones and videophones, when their volume increased by 439% to X units. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, telephone exports expanded remarkably to $X in 2022. In general, exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 180% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Latvia (X units), Estonia (X units) and Norway (X units) were the main destinations of telephone exports from Lithuania, together accounting for 98% of total exports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +46.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X) emerged as the key foreign market for telephones and videophones exports from Lithuania, comprising 55% of total exports. The second position in the ranking was taken by Estonia ($X), with a 16% share of total exports. It was followed by Norway, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Latvia amounted to +33.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+16.1% per year) and Norway (-10.9% per year).

Export Prices by Country

In 2022, the average telephone export price amounted to $X per unit, waning by -78.8% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Estonia ($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 Russia (+1.0%), while the prices for the other major destinations experienced a decline.

Telephone Imports

Imports into Lithuania

In 2022, overseas purchases of telephones and videophones increased by 90% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 233% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, telephone imports surged to $X in 2022. In general, imports saw a mild expansion. The most prominent rate of growth was recorded in 2013 with an increase of 349% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Latvia (X units) constituted the largest supplier of telephone to Lithuania, accounting for a 74% share of total imports. Moreover, telephone imports from Latvia exceeded the figures recorded by the second-largest supplier, China (X units), tenfold. The Netherlands (X units) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from Latvia totaled +38.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.8% per year) and the Netherlands (-10.6% per year).

In value terms, Latvia ($X) constituted the largest supplier of telephones and videophones to Lithuania, comprising 67% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Latvia totaled +33.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.2% per year) and the Netherlands (-10.7% per year).

Import Prices by Country

In 2022, the average telephone import price amounted to $X per unit, waning by -23.4% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 43% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform