Market research

Furniture locks market in Lithuania

Furniture locks market in Lithuania

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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File format: docx, xlsx

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Earlier Report Observations

The market for base metal furniture locks in Lithuania expanded consistently from 2018 to 2022, with its value rising from $1.3 million to $2.8 million. This growth was accompanied by a steady increase in imports, which reached $3.1 million by 2022, while domestic production remained modest but showed a noticeable upward trend over the period.

After reaching its peak in 2022, the market contracted to $2.5 million in 2023 and further to $2.4 million in 2024. This downturn coincided with a reduction in import values, which fell to $2.7 million in 2024, and fluctuating export figures throughout the latter years.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In value
        1. 4.1.1.1. Production, 2018-2024
        2. 4.1.1.2. Imports, 2018-2025
        3. 4.1.1.3. Exports, 2018-2025
        4. 4.1.1.4. Market size, 2018-2024
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Lithuania
      1. 5.1.1. In kind, 2018-2024, unit
      2. 5.1.2. In value, 2018-2024, K $ US
    2. 5.2. Production in the EU, 2018-2024
      1. 5.2.1. In kind, 2018-2024, unit
      2. 5.2.2. In value, 2018-2024, K $ US
  6. 6. Exports
    1. 6.1. Exports (Direct Data)
      1. 6.1.1. Exports - Total information
      2. 6.1.2. Exports in kind, kg
        1. 6.1.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, kg
        2. 6.1.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, kg
        3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
      3. 6.1.3. Exports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, K $ US
        2. 6.1.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, K $ US
        3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
      4. 6.1.4. Average price of product's exports, $ US/kg
        1. 6.1.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, $ US/kg
        2. 6.1.4.2. Dynamics of average price of product's exports from Lithuania by countries, 2018-2025, $ US/kg
    2. 6.2. Exports (Mirror Data)
      1. 6.2.1. Exports - Total information
      2. 6.2.2. Exports in kind, kg
        1. 6.2.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, kg
        2. 6.2.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, kg
        3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
      3. 6.2.3. Exports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, K $ US
        2. 6.2.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, K $ US
        3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
      4. 6.2.4. Average price of product's exports, $ US/kg
        1. 6.2.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, $ US/kg
        2. 6.2.4.2. Dynamics of average price of product's exports from Lithuania by countries, 2018-2025, $ US/kg
  7. 7. Imports
    1. 7.1. Imports (Direct Data)
      1. 7.1.1. Imports - Total information
      2. 7.1.2. Imports in kind, kg
        1. 7.1.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, kg
        2. 7.1.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, kg
        3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
      3. 7.1.3. Imports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, K $ US
        2. 7.1.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, K $ US
        3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
      4. 7.1.4. Average price of product's imports, $ US/kg
        1. 7.1.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, $ US/kg
        2. 7.1.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, $ US/kg
    2. 7.2. Imports (Mirror Data)
      1. 7.2.1. Imports - Total information
      2. 7.2.2. Imports in kind, kg
        1. 7.2.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, kg
        2. 7.2.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, kg
        3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
      3. 7.2.3. Imports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, K $ US
        2. 7.2.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, K $ US
        3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
      4. 7.2.4. Average price of product's imports, $ US/kg
        1. 7.2.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, $ US/kg
        2. 7.2.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, $ US/kg
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, kg
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, kg
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2025
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production furniture locks in Lithuania

In value, 2018-2021, $ US

Lithuania's furniture locks production has grown for the third consecutive year. In 2021, output reached 68 627 US dollars, marking a 102.1% increase compared to 2020. Over the period from 2018 to 2021, production surged by 362.5%, with an average annual growth rate of 66.6%.

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

Parameter201920202021CAGR
1Change from last year81.0%26.4%102.1%66.6%
Source: SHEV.io

Exports furniture locks from Lithuania

Exports in kind, kg

In 2021, Lithuania's furniture locks exports amounted to 17 195 kilograms, showing only a slight fluctuation from 2020. Between 2018 and 2021, exports fell by 31.4%, equivalent to an annualized decline of 11.8%. The highest export volume was recorded in 2019 at 27 239 kilograms, followed by the lowest in 2020 at 17 108 kilograms. The largest decrease occurred in 2020 with a 37.2% drop, while the largest increase was in 2019 with an 8.6% rise.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, kg

Parameter201920202021CAGR
1Change from last year8.6%(37.2%)0.5%(11.8%)
Source: SHEV.io

From 2018 to 2021, Russia remained the primary market for Lithuania's furniture locks exports in volume terms, accounting for 73.8% of total flows. The remaining volume was distributed across various other destinations.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

After a two-year decline, furniture locks exports from Lithuania rebounded in 2021. The value of exports reached 478 thousand US dollars, representing a significant 32.1% increase from 2020. Over the 2018-2021 period, exports decreased by 29.1%, with an annualized rate of decline of 10.8%. The lowest value was recorded in 2020 at 361 thousand US dollars, which also saw the largest decline of 35.4%.

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

Parameter201920202021CAGR
1Change from last year(16.9%)(35.4%)32.1%(10.8%)
Source: SHEV.io

During 2018-2021, Russia continued to be the main destination for Lithuania's furniture locks in value terms, capturing 71.5% of total exports. The rest was spread among other countries.

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

Source: SHEV.io

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

Source: SHEV.io

Imports furniture locks to Lithuania

Imports in kind, kg

Following a two-year decrease, furniture locks imports into Lithuania rose in 2021. Imports totaled 69 499 kilograms, up 19.0% from the previous year. Over the 2018-2021 period, imports declined by 13.2%, with a compound annual growth rate of -4.6%. The lowest import volume was in 2020 at 58 417 kilograms, which also experienced the largest drop of 26.9%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, kg

Parameter201920202021CAGR
1Change from last year(0.2%)(26.9%)19.0%(4.6%)
Source: SHEV.io

From 2018 to 2021, Germany, Poland, and China were the leading sources for Lithuania's furniture locks imports in volume terms. Germany accounted for 50.1%, Poland for 11.7%, and China for 10.7%, together making up 72.4% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Furniture locks imports into Lithuania have increased for the third year in a row. In 2021, imports amounted to 2 899 thousand US dollars, showing a sharp 30.0% rise compared to 2020. Between 2018 and 2021, imports grew by 45.6%, with an annualized growth rate of 13.3%.

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

Parameter201920202021CAGR
1Change from last year3.7%8.0%30.0%13.3%
Source: SHEV.io

Throughout 2018-2021, Germany, Sweden, and Spain formed the core of Lithuania's furniture locks imports in value terms. Germany held a 47.3% share, Sweden 17.1%, and Spain 6.9%, collectively accounting for 71.3% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

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