Market research

Handbags market in Lithuania

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The handbags market in Lithuania experienced significant fluctuations between 2018 and 2024. Starting at 6.5 million USD in 2018, the market size grew to 8.4 million USD by 2020 and then surged by 36% to reach 11.4 million USD in 2021. This was followed by a period of contraction, with the market declining to 10.7 million USD in 2022 and further to 9.6 million USD in 2023, before a strong recovery of 26% lifted it to 12.1 million USD in 2024.

Market movements were influenced by evolving consumer preferences and fashion trends. The 2021-2022 period saw strong demand for oversized, pillow-like handbags and minimalist large bags in black and neutral colors, aligning with the market's peak. Subsequent years featured a wide variety of popular styles, including woven straw bags, large tote bags, vintage revivals, and bright colors with shiny details, which sustained consumer interest even during market corrections. By 2024, trends such as denim baguette styles, micro bags, and XXL shopping bags contributed to the market's renewed expansion.

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
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. Production
1. 5.1. Production in Lithuania
  1. 5.1.1. In kind, 2018-2024, K 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, K unit
  2. 5.2.2. In value, 2018-2024, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, t
    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, t
    1. 6.2.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, t
    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. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, t
    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, t
    1. 7.2.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, t
    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. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
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 handbags in Lithuania

In value, 2018-2021, K $ US

In 2021, Lithuania's handbag production was valued at 1,956 thousand US dollars, showing a modest decline of 7.4% compared to the previous year. Looking at the broader period from 2018 to 2021, production increased by 8.1%, which translates to an average annual growth rate of 2.6%. The lowest production value was recorded in 2019 at 1,779 thousand US dollars, while the peak occurred in 2020 with 2,111 thousand US dollars. The most significant year-on-year increase was in 2020, when production surged by 18.7%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(1.7%)	18.7%	(7.4%)	2.6%

Source: SHEV.io

Exports handbags from Lithuania

Exports in kind, t

In 2021, Lithuania exported 229.4 tons of handbags, marking a substantial improvement of 32.2% over the previous year. The highest export volume was recorded in 2019 at 245.2 tons, while the lowest was in 2020 at 173.6 tons. The most notable decline occurred in 2020, with a drop of 29.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	5.3%	(29.2%)	32.2%	(0.5%)

Source: SHEV.io

From 2018 to 2021, Russia, Latvia, and Estonia were the primary destinations for Lithuania's handbag exports by volume. Russia accounted for 41.7% of exports, Latvia for 17.8%, and Estonia for 9.4%. Together, these three countries represented 68.9% of total export flows.

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, Lithuania's handbag exports rebounded in 2021, reaching 11,659 thousand US dollars, a 21.8% increase compared to the previous year. However, over the period from 2018 to 2021, exports decreased by 21.6%, averaging an annual decline of 7.8%. The lowest export value was recorded in 2020 at 9,573 thousand US dollars, with the largest year-on-year drop occurring in 2019 at 20.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(20.0%)	(19.5%)	21.8%	(7.8%)

Source: SHEV.io

Between 2018 and 2021, Russia, Latvia, and Estonia were the leading markets for Lithuania's handbag exports by value. Russia dominated with 59.0% of exports, followed by Latvia at 10.1% and Estonia at 6.8%. Collectively, these three countries accounted for 75.9% of total export value.

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 handbags to Lithuania

Imports in kind, t

Lithuania's handbag imports declined for the third consecutive year in 2021, totaling 376.0 tons, which represents a 4.8% decrease from the previous year. Over the period from 2018 to 2021, imports fell by 20%, with an average annual decline of 7.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(1.4%)	(14.7%)	(4.8%)	(7.2%)

Source: SHEV.io

From 2018 to 2021, China, Italy, and Poland were the key sources for Lithuania's handbag imports by volume. China contributed 18.0% of imports, Italy 17.3%, and Poland 16.1%. Together, these three countries made up 51.4% 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

Following a two-year decline, Lithuania's handbag imports increased in 2021, amounting to 21,069 thousand US dollars, a 33.1% rise compared to 2020. Over the period from 2018 to 2021, imports grew by 7.8%, with an average annual growth rate of 2.5%. The lowest import value was recorded in 2020 at 15,827 thousand US dollars, and the largest decline occurred in 2020 with a drop of 13.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(6.4%)	(13.5%)	33.1%	2.5%

Source: SHEV.io

Between 2018 and 2021, Italy, Poland, and Spain were the top contributors to Lithuania's handbag imports by value. Italy led with 31.6% of imports, followed by Poland at 14.5% and Spain at 8.8%. Combined, these three countries accounted for 54.9% of total import value.

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