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. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
-
4. Key Market Indicators and Trends
-
4.1. Key Market Indicators
-
4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2024
-
4.1.1. In value
- 4.2. Market Trends and Factors
-
4.1. Key Market Indicators
-
5. Production
-
5.1. Production in Lithuania
- 5.1.1. In kind, 2018-2024, unit
- 5.1.2. In value, 2018-2024, K $ US
-
5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, unit
- 5.2.2. In value, 2018-2024, K $ US
-
5.1. Production in Lithuania
-
6. Exports
-
6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
-
6.1.2. Exports in kind, kg
- 6.1.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, kg
- 6.1.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, kg
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
-
6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
-
6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Lithuania by countries, 2018-2025, $ US/kg
-
6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
-
6.2.2. Exports in kind, kg
- 6.2.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, kg
- 6.2.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, kg
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
-
6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
-
6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Lithuania by countries, 2018-2025, $ US/kg
-
6.1. Exports (Direct Data)
-
7. Imports
-
7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
-
7.1.2. Imports in kind, kg
- 7.1.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, kg
- 7.1.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, kg
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
-
7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
-
7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, $ US/kg
-
7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
-
7.2.2. Imports in kind, kg
- 7.2.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, kg
- 7.2.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, kg
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
-
7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
-
7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, $ US/kg
-
7.1. Imports (Direct Data)
-
8. Trade balance
-
8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, K $ US
-
8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, K $ US
-
8.1. Trade balance (Direct Data)
-
9. Top buying and selling countries, 2018-2025
-
9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
-
9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
-
9.1. Direct Data
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
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 81.0% | 26.4% | 102.1% | 66.6% |
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
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.6% | (37.2%) | 0.5% | (11.8%) |
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
World map of product's exports from Lithuania in kind, 2018-2021
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
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (16.9%) | (35.4%) | 32.1% | (10.8%) |
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
World map of product's exports from Lithuania in value, 2018-2021
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
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.2%) | (26.9%) | 19.0% | (4.6%) |
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
World map of product's imports to Lithuania in kind, 2018-2021
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
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.7% | 8.0% | 30.0% | 13.3% |
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
World map of product's imports to Lithuania in value, 2018-2021
Related Reports
Furniture locks market in Hungary
2026-03-30
Furniture locks market in Austria
2026-03-30
Furniture locks market in Germany
2026-03-30
Furniture locks market in Italy
2026-03-30
Metal caps and lids market in Lithuania
2026-03-30
Furniture fittings market in Lithuania
2026-03-30
Fittings for buildings market in Lithuania
2026-03-30
Padlocks, locks and keys market in Lithuania
2026-03-30
Why Choose Us?
Only Verified Data
No Hidden Costs or Separate Fees
Smarter Subscription Pricing
Contact Our Team
Submit your inquiry using the form below — our team will get back to you within 24 hours.