Earlier Report Observations
The market for low-voltage switching, protection and connection apparatus in Lithuania showed a clear upward trend from 2018 to 2024, rising from $117.3 million to $141.4 million. This overall growth of approximately 20% occurred despite a significant downturn in 2020, when the market size fell to $103.5 million.
Following the 2020 contraction, the market recovered robustly in 2021 to $122.4 million and continued to expand steadily through 2024. This recovery and subsequent growth were supported by varying levels of domestic production, imports, and exports, which collectively determined the final market volume each year.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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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
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Lithuania
- 5.1.1. In kind, 2018-2024, K unit
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K unit
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Lithuania
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Lithuania by countries, 2018-2025, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Lithuania by countries, 2018-2025, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production low-voltage switching, protection and connection apparatus in Lithuania
In value, 2018-2021, K $ US
In Lithuania, the production value of low-voltage switching, protection and connection apparatus reached 67 657 thousand US dollars in 2021, marking a substantial year-over-year increase of 21.6%. Between 2018 and 2021, production grew by 22.9%, which translates to an annualized growth rate of 7.1%. The largest decline occurred in 2020, with a drop of 4.2%.
Annual dynamics of production in Lithuania in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.5% | (4.2%) | 21.6% | 7.1% |
Exports low-voltage switching, protection and connection apparatus from Lithuania
Exports in kind, t
Exports of low-voltage switching, protection and connection apparatus from Lithuania have increased for the third consecutive year. In 2021, shipments abroad totaled 3 439 tonnes, representing a 12.8% rise compared to the previous year. Over the period from 2018 to 2021, exports grew by 20%, with a compound annual growth rate of 6.3%.
Annual dynamics of product's exports from Lithuania in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.8% | 3.5% | 12.8% | 6.3% |
From 2018 to 2021, exports in kind were distributed across a wide range of partner countries. Russia accounted for 17.9% of exports in kind, the United Kingdom for 17.0%, and Finland for 9.6%. Together, these three countries made up just 44.6% 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
Exports of low-voltage switching, protection and connection apparatus from Lithuania have increased for the second consecutive year. In 2021, Lithuania exported 154.0 million US dollars worth of these goods, showing a year-over-year rise of 26.1%. Between 2018 and 2021, exports increased by 33.5%, equating to an annualized growth rate of 10.1%. The lowest value was recorded in 2019 at 114.1 million US dollars, which also saw the largest decline of 1.1%.
Annual dynamics of product's exports from Lithuania in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.1%) | 7.0% | 26.1% | 10.1% |
From 2018 to 2021, exports in value terms of low-voltage switching, protection and connection apparatus from Lithuania were not heavily concentrated. Russia accounted for 21.8% of exports in value terms, Italy for 11.4%, and the United Kingdom for 8.5%. Combined, these three countries captured only 41.6% 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 low-voltage switching, protection and connection apparatus to Lithuania
Imports in kind, t
Imports of low-voltage switching, protection and connection apparatus into Lithuania have increased for the third consecutive year. In 2021, import volume reached 5 842 tonnes, up by 9.1% compared to 2020. Over the period from 2018 to 2021, imports grew by 14.5%, with a compound annual growth rate of 4.6%.
Annual dynamics of product's imports to Lithuania in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.5% | 2.4% | 9.1% | 4.6% |
During 2018 to 2021, imports in kind of low-voltage switching, protection and connection apparatus to Lithuania were allocated across a large number of markets. Germany accounted for 24.1% of imports in kind, the United Kingdom for 11.6%, and Poland for 9.6%. Together, these three countries made up only 45.3% 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
After a two-year decrease, imports of low-voltage switching, protection and connection apparatus into Lithuania have increased. In 2021, Lithuania imported 208.8 million US dollars worth of these goods, amounting to a 22.8% improvement over the previous year. Over the period from 2018 to 2021, imports grew by 17.5%, with a compound annual growth rate of 5.5%. The lowest value was recorded in 2020 at 170.0 million US dollars, while the largest decline occurred in 2019 with a drop of 3.3%.
Annual dynamics of product's imports to Lithuania in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.3%) | (1.0%) | 22.8% | 5.5% |
During 2018 to 2021, imports in value terms of low-voltage switching, protection and connection apparatus to Lithuania were allocated across a large number of markets. Germany accounted for 29.9% of imports in value terms, the United Kingdom for 7.9%, and Latvia for 7.1%. Together, these three countries made up only 44.9% 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
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