Market research

Iron or steel radiators and air heaters market in Lithuania

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The market for iron or steel radiators and air heaters in Lithuania exhibited substantial growth from 2018 to 2021, with its size rising from 7.6 million USD to 13.5 million USD. This period was marked by a particularly strong expansion of 37% in 2021.

Following the 2021 peak, the market entered a phase of volatility. It contracted by 8.9% in 2022, saw a modest recovery of 4.9% in 2023, and then declined again by 10.5% in 2024, settling at 11.5 million USD.

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 value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. 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 iron or steel radiators and air heaters in Lithuania

In value, 2018-2021, K $ US

In 2021, Lithuania's production of iron or steel radiators and air heaters was valued at 2 520 K $ US, marking a sharp 55.0% increase compared to the previous year. Looking at the period from 2018 to 2021, production grew by 70.2%, which translates to an annualized growth rate of 19.4%. The most significant drop occurred in 2020, with a decline of 14.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	27.7%	(14.0%)	55.0%	19.4%

Source: SHEV.io

Exports iron or steel radiators and air heaters from Lithuania

Exports in kind, t

Lithuania's exports of iron or steel radiators and air heaters declined for the second year in a row. In 2021, exports amounted to 922 t, showing a slight decrease of 1.6% from the previous year. Over the 2018-2021 period, exports fell by 27.3%, averaging an annual decline of 10.1%. The highest export volume was recorded in 2019 at 1 361 t, which also saw the largest increase of 7.3%. The most substantial drop occurred in 2020, with a 31.2% decrease.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	7.3%	(31.2%)	(1.6%)	(10.1%)

Source: SHEV.io

From 2018 to 2021, Russia, Latvia, and Kazakhstan were the key partners for Lithuania's exports in kind. Russia accounted for 48.3% of exports, Latvia for 15.3%, and Kazakhstan for 7.9%. Together, these three countries made up 71.6% 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

In 2021, Lithuania exported iron or steel radiators and air heaters worth 9 809 K $ US, representing a modest 6.5% increase compared to 2020. Over the 2018-2021 period, exports decreased by 3.7%, with a compound annual growth rate of -1.2%. The lowest value was recorded in 2020 at 9 210 K $ US, which also saw the largest decline of 13.9%. The highest value was in 2019 at 10 701 K $ US.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	5.1%	(13.9%)	6.5%	(1.2%)

Source: SHEV.io

Between 2018 and 2021, Russia, Latvia, and Kazakhstan remained the top markets for Lithuania's exports in value terms. Together, they accounted for 71.1% of total export flows.

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 iron or steel radiators and air heaters to Lithuania

Imports in kind, t

Lithuania's imports of iron or steel radiators and air heaters decreased for the second consecutive year. In 2021, imports reached 4 404 t, down by 4.9% from 2020. From 2018 to 2021, imports fell by 5.5%, averaging an annual decline of 1.9%. The peak import volume was in 2019 at 4 796 t, which also experienced the largest increase of 2.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.9%	(3.4%)	(4.9%)	(1.9%)

Source: SHEV.io

During the 2018-2021 period, Turkey, Germany, and Latvia formed the core of Lithuania's imports in kind. Turkey contributed 23.8% of imports, Germany 22.5%, and Latvia 17.1%. Combined, these three countries accounted for 63.4% 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

In 2021, Lithuania's imports of foreign iron or steel radiators and air heaters reached 20 765 K $ US, a 19.2% increase year-over-year. Over the 2018-2021 period, imports grew by 27.6%, with an annualized growth rate of 8.5%. The most significant decline occurred in 2020, with a drop of 4.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	12.2%	(4.6%)	19.2%	8.5%

Source: SHEV.io

From 2018 to 2021, the geographical structure of Lithuania's imports in value terms was highly diversified. Poland accounted for 16.7% of imports, Italy for 15.2%, and Latvia for 14.0%. Together, these three countries made up only 45.9% of total flows, while the remaining 54.1% was distributed among numerous smaller partner countries.

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