Market research

Powered hand tools 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 market for powered hand tools in Lithuania showed considerable volatility from 2018 to 2024. After an initial size of $55.9 million in 2018, the market contracted to $43.9 million in 2019, then began a recovery reaching $48.9 million in 2020. A sharp expansion followed, peaking at $73.4 million in 2021, before stabilizing near $73.1 million in 2022 and subsequently declining to $61.5 million in 2023 and $57.5 million in 2024.

Domestic production followed a turbulent path, falling from $12.0 million in 2018 to a low of $4.4 million in 2021. It then rebounded strongly over the next two years, climbing to $8.9 million in 2023, only to fall back to $6.4 million in 2024. This variability indicates that local output was reactive but not a consistent growth driver for the total market volume during these years.

Changes in international trade flows were central to the market's movements. Imports, a key supply source, rose from $62.8 million in 2018 to a high of $107.1 million in 2022, before decreasing in the following two years. Exports also grew robustly until 2022, reaching $40.5 million, then contracted. The market's peak in 2021 coincided with a major surge in import value, highlighting how trade dynamics directly shaped domestic market size.

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, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, M $ 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, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, M $ 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, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, M $ 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, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, M $ 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, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, M $ 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 powered hand tools in Lithuania

In value, 2018-2021, K $ US

Lithuania's production of powered hand tools has declined for the third consecutive year. In 2021, output was valued at 4 438 thousand US dollars, marking a gradual year-on-year decrease of 3.7%. Between 2018 and 2021, production fell by 63.1%, which translates to an annualized decline rate of 28.3%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(45.7%)	(29.4%)	(3.7%)	(28.3%)

Source: SHEV.io

Exports powered hand tools from Lithuania

Exports in kind, t

Lithuania's exports of powered hand tools by volume have increased for the third consecutive year. In 2021, exports reached 965 tonnes, representing a 28.4% rise compared to 2020. Over the period from 2018 to 2021, exports grew by 44.8%, with a compound annual growth 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%	12.5%	28.4%	13.1%

Source: SHEV.io

From 2018 to 2021, the three largest markets for Lithuania's powered hand tool exports by volume were Latvia, Germany, and Russia. Together, these countries accounted for 65.7% 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, M $ US

Lithuania's powered hand tool exports by value have increased for the third consecutive year. In 2021, exports totaled 34.6 million US dollars, showing a sharp year-on-year increase of 29.1%. Between 2018 and 2021, exports rose by 83.2%, equating to an annualized growth rate of 22.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	14.0%	24.4%	29.1%	22.4%

Source: SHEV.io

Between 2018 and 2021, the main destinations for Lithuania's powered hand tool exports by value were Latvia (22.5% of total exports), Russia (19.9%), and Germany (16.9%). These three countries together accounted for 59.4% 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 powered hand tools to Lithuania

Imports in kind, t

Lithuania's imports of powered hand tools by volume have increased for the second consecutive year. In 2021, imports reached 2 771 tonnes, reflecting a 42.7% rise compared to the previous year. Over the period from 2018 to 2021, imports grew by 50.4%, with an annualized growth rate of 14.6%. The lowest import volume was recorded in 2019 at 2 771 tonnes, which also saw the largest decline of 4.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(4.5%)	10.3%	42.7%	14.6%

Source: SHEV.io

From 2018 to 2021, the largest contributors to Lithuania's powered hand tool imports by volume were Estonia (20.7% of total imports), Germany (18.9%), and China (18.5%). Together, these three countries made up 58.1% 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, M $ US

Lithuania's imports of powered hand tools by value have increased for the second consecutive year. In 2021, imports totaled 103.6 million US dollars, indicating a steep 45.6% rise compared to 2020. Over the period from 2018 to 2021, imports increased by 65.1%, with a compound annual growth rate of 18.2%. The lowest import value was recorded in 2019 at 58.9 million US dollars, which also experienced the largest decline of 6.1%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(6.1%)	20.7%	45.6%	18.2%

Source: SHEV.io

Between 2018 and 2021, the largest shares of Lithuania's powered hand tool imports by value came from Estonia (25.7% of total imports), Germany (16.4%), and Poland (12.1%). Together, these three countries accounted for 54.1% of total import flows.

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