Furniture and its parts market in Lithuania

Earlier Report Observations

The furniture market in Lithuania showed steady growth from 2018 to 2022, increasing from 203 million USD to 534 million USD. This expansion was supported by a continuous rise in the number of furniture manufacturing enterprises, which grew from 1 476 in 2018 to 1 663 in 2022, creating new jobs and expanding production capacity. Simultaneously, demand for wood from the construction sector and biofuel energy increased, affecting the raw material base. Consumer preferences shifted towards custom-made furniture tailored to individual orders, encouraging manufacturers to offer more flexible solutions.

The COVID-19 pandemic in 2020 caused supply chain disruptions, but demand for furniture for home use remained strong, sustaining production growth. In 2021, the market continued its rapid recovery; for instance, production of wooden kitchen furniture doubled, and demand for wood attracted foreign buyers to auctions. However, by 2022, manufacturers faced difficulties in hiring workers even after raising wages, which may have constrained further expansion.

In 2023, the market volume declined to 458 million USD, but in 2024 it recovered to 547 million USD, surpassing the previous peak.

Production furniture and its parts in Lithuania

In value, 2018-2021, M $ US

Lithuania's furniture and parts production has grown for the third year in a row. In 2021, output reached 2 144 million US dollars, showing a sharp year-on-year increase of 34.6%. From 2018 to 2021, production rose by 50.8%, with an average annual growth rate of 14.7%.

Annual dynamics of production in Lithuania in value, 2018-2021, M $ US

Exports furniture and its parts from Lithuania

Exports in kind, K t

Furniture and parts exports from Lithuania have increased for the third consecutive year. In 2021, exports stood at 1 026 thousand tonnes, which is 16.7% higher than in 2020. Between 2018 and 2021, exports grew by 29%, with an average annual growth rate of 8.8%.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, K t

Data from 2018 to 2021 shows that Lithuania's furniture and parts exports in volume terms were not concentrated on just a few key markets. Sweden accounted for 13.7% of exports, Germany for 13.2%, and the United Kingdom for 12.5%, with these three countries together making up only 39.4% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Lithuania in kind, 2018-2021

Exports in value, M $ US

Furniture and parts exports from Lithuania have risen for the third year in a row. In 2021, exports amounted to 1 972 million US dollars, representing a sharp increase of 27.9% compared to the previous year. From 2018 to 2021, exports increased by 39.3%, equating to an average annual growth rate of 11.7%.

Annual dynamics of product's exports from Lithuania in value, 2018-2021, M $ US

Between 2018 and 2021, Lithuania's furniture and parts exports in value terms were spread across a wide range of partner countries. Sweden accounted for 13.8% of exports, Germany for 12.8%, and the United Kingdom for 10.7%, with these three countries together representing just 37.3% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Lithuania in value, 2018-2021

Imports furniture and its parts to Lithuania

Imports in kind, K t

Furniture and parts imports into Lithuania have grown for the third consecutive year. In 2021, imports reached 106 thousand tonnes, which is 29.1% higher than in 2020. From 2018 to 2021, imports increased by 57.7%, with an average annual growth rate of 16.4%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, K t

From 2018 to 2021, Poland was the main source of Lithuania's furniture and parts imports in volume terms, accounting for 39.0% of imports, followed by Belarus at 11.5% and Germany at 8.4%. Together, these three countries made up 59.0% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Lithuania in kind, 2018-2021

Imports in value, M $ US

Lithuania's furniture and parts imports have increased for the third year running. In 2021, imports amounted to 276 million US dollars, marking a dramatic rise of 29.4% compared to 2020. Between 2018 and 2021, imports grew by 40%, with an average annual growth rate of 11.9%.

Annual dynamics of product's imports to Lithuania in value, 2018-2021, M $ US

In the period from 2018 to 2021, the leading sources for Lithuania's furniture and parts imports in value terms were Poland, accounting for 27.6% of imports, Italy at 11.9%, and Germany at 10.9%. Together, these three countries accounted for 50.4% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Lithuania in value, 2018-2021