Market research

Padlocks, locks and keys market in Lithuania

Release date: Mar 30, 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 Lithuanian market for padlocks, locks and keys experienced overall growth from 2018 to 2022, with market size more than doubling from 13 046 thousand USD to over 20 342 thousand USD. The period began with moderate increases, followed by a particularly sharp expansion in 2021.

In 2021, the market value jumped by 34% to 19 640 thousand USD. This surge was linked to Lithuania's position as a significant importer within Eastern Europe, where it represented 5.2% of regional imports. Strong consumption patterns in the region, including in neighboring countries, fueled import demand and market growth.

After peaking in 2022, the market contracted by 19% in 2023 to 16 471 thousand USD, before recovering to 17 709 thousand USD in 2024. The earlier growth in 2022 occurred alongside a reported slight decrease in global production and consumption, indicating that local market dynamics in Lithuania diverged from broader international trends during that year.

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. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Lithuania in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Lithuania by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Lithuania, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Lithuania by countries, 2018-2025, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Lithuania by countries, 2018-2025, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Lithuania in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Lithuania by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Lithuania, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from 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 padlocks, locks and keys in Lithuania

In value, 2018-2021, K $ US

In Lithuania, the production value of padlocks, locks, and keys reached 1 451 thousand US dollars in 2021, marking a sharp increase of 47.3% compared to 2020. The minimum value was recorded in 2020 at 985 thousand US dollars, which saw the largest decline of 13.1%. Over the period from 2018 to 2021, production grew by 30.1%, with a compound annual growth rate of 9.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	1.7%	(13.1%)	47.3%	9.2%

Source: SHEV.io

Exports padlocks, locks and keys from Lithuania

Exports in kind, t

Lithuania's cross-border shipments of padlocks, locks, and keys declined for the third consecutive year. In 2021, exports amounted to 559 tonnes, which is 7.4% less than the previous year. Between 2018 and 2021, exports decreased by 34.3%, equating to an annualized rate of 13.1%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(0.2%)	(28.9%)	(7.4%)	(13.1%)

Source: SHEV.io

From 2018 to 2021, Russia and Belarus were the primary buyers of padlocks, locks, and keys from Lithuania, together accounting for 80.2% of total exports in kind, with other countries making up the remainder.

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 contraction, Lithuania's exports of padlocks, locks, and keys increased in value. In 2021, exports totaled 11 891 thousand US dollars, showing a 10.0% advance from the previous year. The minimum value was recorded in 2020 at 10 812 thousand US dollars, which experienced the largest decline of 15.3%. Between 2018 and 2021, exports decreased by 7%, equating to an annualized rate of 2.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(0.1%)	(15.3%)	10.0%	(2.4%)

Source: SHEV.io

Throughout 2018 to 2021, Russia, Belarus, and Latvia formed the key group of partners for Lithuania's exports of padlocks, locks, and keys in value terms. Russia accounted for 65.5% of exports, Belarus for 10.0%, and Latvia for 6.3%, jointly representing 81.7% 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 padlocks, locks and keys to Lithuania

Imports in kind, t

In 2021, Lithuania's imports of padlocks, locks, and keys in kind amounted to 1 700 tonnes, representing a solid increase of 16.5% compared to the previous year. The minimum value was recorded in 2020 at 1 459 tonnes, which saw the largest decline of 10.2%. Between 2018 and 2021, imports increased by 4.8%, equating to an annualized rate of 1.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.1%	(10.2%)	16.5%	1.6%

Source: SHEV.io

Over the period from 2018 to 2021, there was no single dominant market for Lithuania's imports of padlocks, locks, and keys in kind. China accounted for 19.5% of imports, Poland for 11.7%, and the Netherlands for 10.8%, together taking only 42.1% of total imports, while many smaller partners each held modest individual shares.

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 padlocks, locks, and keys in value terms totaled 30 081 thousand US dollars, up by 23.3% compared to the previous year. The minimum value was recorded in 2020 at 24 387 thousand US dollars, which experienced the largest decline of 1.7%. Over the period from 2018 to 2021, imports increased by 21.7%, with a compound annual growth rate of 6.8%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.4%	(1.7%)	23.3%	6.8%

Source: SHEV.io

The partner structure for Lithuania's imports of padlocks, locks, and keys in value terms remained fragmented from 2018 to 2021. Estonia accounted for 13.3% of imports, Germany for 12.9%, and the Netherlands for 12.0%, together making up only 38.3% of total flows, with no single country achieving a dominant share.

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