Earlier Report Observations
The market for non-inflatable pleasure or sports sailboats in Lithuania demonstrated strong growth from 2018 to 2022. Starting at a value of 20.5 million US dollars in 2018, it increased to 23.0 million in 2019 and then surged by 38% to 31.8 million in 2020. Expansion continued, with the market reaching 36.6 million in 2021 and peaking at 45.9 million in 2022.
Following the 2022 peak, the market entered a period of contraction. Its size decreased to 43.8 million US dollars in 2023, a 4.5% drop, and fell further to 39.9 million in 2024, an 8.8% decline. This brought the market value back near the level observed in 2021.
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, 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, unit
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Lithuania
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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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
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6.1.4. Average price of product's exports, K $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, K $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Lithuania by countries, 2018-2025, K $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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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
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6.2.4. Average price of product's exports, K $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, K $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Lithuania by countries, 2018-2025, K $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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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
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7.1.4. Average price of product's imports, K $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, K $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, K $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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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
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7.2.4. Average price of product's imports, K $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, K $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, K $ US/kg
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7.1. Imports (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, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ 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 non-inflatable pleasure or sports sailboats in Lithuania
In value, 2018-2021, K $ US
Lithuania's production of non-inflatable pleasure or sports sailboats has grown for the third year in a row. In 2021, output reached 36 368 thousand US dollars, marking a 19.1% increase from the previous year. Over the period from 2018 to 2021, production rose by 76.9%, with an average annual growth rate of 21.0%.
Annual dynamics of production in Lithuania in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.0% | 41.5% | 19.1% | 21.0% |
In kind, 2018-2021, unit
Lithuania's production of non-inflatable pleasure or sports sailboats has declined for the second consecutive year. In 2021, 120.0 units were produced, down 4.8% from 2020. Between 2018 and 2021, production fell by 32.6%, equivalent to an annualized decrease of 12.3%. The highest production was recorded in 2019 at 203.0 units, with the largest increase of 14.0% that year. The sharpest drop occurred in 2020, with a 37.9% decline.
Annual dynamics of production in Lithuania in kind, 2018-2021, unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 14.0% | (37.9%) | (4.8%) | (12.3%) |
Exports non-inflatable pleasure or sports sailboats from Lithuania
Exports in kind, unit
The data shows irregular changes, pointing to a volatile market. Exports varied significantly, with a minimum of 2.00 units in 2019 and a maximum of 35.00 units in 2021, an 18-fold difference. In 2021, exports from Lithuania totaled 35.00 units, up 150.0% from 2020. The largest decline was in 2019 at 91.7%, while the biggest increase was in 2020 at 600.0%.
Annual dynamics of product's exports from Lithuania in kind, 2018-2021, unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (91.7%) | 600.0% | 150.0% | 13.4% |
From 2018 to 2021, the main destinations for Lithuania's exports of non-inflatable pleasure or sports sailboats in kind were Russia, accounting for 32.0% of exports, Sweden with 30.7%, and Estonia at 26.7%. Together, these three countries made up 89.3% 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, K $ US
The market exhibited volatility during this period. Export values peaked in 2020 at 658 thousand US dollars and hit a low in 2019 at 85 thousand US dollars, a 7.7-fold difference. In 2021, exports amounted to 459 thousand US dollars, a sharp 30.2% drop year-on-year. The largest decline was in 2019 at 36.4%, while the biggest increase was in 2020 at 670.8%.
Annual dynamics of product's exports from Lithuania in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (36.4%) | 670.8% | (30.2%) | 50.6% |
Between 2018 and 2021, the Netherlands led Lithuania's exports of non-inflatable pleasure or sports sailboats in value terms, with a 39.8% share. Sweden followed at 28.9%, and Russia at 14.8%. Combined, these three countries accounted for 83.5% of total export value.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Lithuania in value, 2018-2021
Imports non-inflatable pleasure or sports sailboats to Lithuania
Imports in kind, unit
Market performance showed noticeable fluctuations. Imports ranged from a low in 2018 to a high in 2021, with a 2.7-fold variation. In 2021, Lithuania imported 0.0 units of non-inflatable pleasure or sports sailboats, a 100.0% increase from 2020. The largest decline was recorded in 2019 at 0.0%.
Annual dynamics of product's imports to Lithuania in kind, 2018-2021, unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | - | 33.3% | 100.0% | 38.7% |
From 2018 to 2021, the United Kingdom was the top source for Lithuania's imports in kind, contributing 44.4%. Poland accounted for 22.2%, and Estonia for 11.1%. Together, these three countries represented 77.8% 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
Volatility characterized the market during these years. Import values reached their highest point in 2020 at 1 867 thousand US dollars and their lowest in 2018, with a peak-to-trough ratio of 31 times. In 2021, imports totaled 739 thousand US dollars, a sharp 60.4% decrease from 2020. The largest increase was in 2019 at 2,302.1%.
Annual dynamics of product's imports to Lithuania in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2 302.1% | 27.0% | (60.4%) | 129.4% |
Between 2018 and 2021, Sweden was the leading source for Lithuania's imports in value terms, with a 44.1% share. Italy accounted for 33.5%, and Estonia for 16.5%. Collectively, these three countries made up 94.1% of total import value.
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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