Safety glass market in Lithuania

Earlier Report Observations

The safety glass market in Lithuania experienced significant growth from 2018 to 2024, with its total value rising from $30.2 million to $56.6 million. This expansion of over 80% was not uniform, featuring a notable surge in 2019, a slight dip in 2020, and a peak in 2022 before a contraction in 2023 and a modest recovery in 2024.

Changing export dynamics were a key influence on market size. A rapid acceleration in export growth during 2021 reflected increased production activity, contributing to that year's market expansion. By 2023, exports reached a high point, which coincided with a reduction in domestic market volume as more production was directed overseas. The market showed signs of recovery in 2024, particularly for toughened safety glass used in vehicles, supported by a decline in export volumes and a concurrent 16% increase in average import prices, indicating firmer demand conditions.

Production safety glass in Lithuania

In value, 2018-2021, K $ US

In 2021, Lithuania's safety glass production reached a value of 52 670 thousand US dollars, marking a sharp year-on-year increase of 26.9%. Between 2018 and 2021, production grew by 53%, which translates to an annualized growth rate of 15.2%. The largest decline occurred in 2020, when production fell by 3.5%.

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

Exports safety glass from Lithuania

Exports in kind, t

After a two-year decline, Lithuania's safety glass exports rebounded in 2021, reaching 13 829 tonnes. This represented a substantial increase of 22.1% compared to the previous year. Over the period from 2018 to 2021, exports grew by 10.9%, equivalent to an annualized rate of 3.5%. The lowest export volume was recorded in 2020 at 11 327 tonnes, which also saw the largest decline of 7.2%.

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

From 2018 to 2021, Sweden, Latvia, and Norway were the main destinations for Lithuania's safety glass exports by volume. Sweden accounted for 29.3% of exports, Latvia for 15.6%, and Norway for 12.1%. Together, these three countries absorbed 57.0% of Lithuania's total safety glass exports in kind.

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

In 2021, Lithuania's safety glass exports in value terms amounted to 36 097 thousand US dollars, up by 40.9% year-on-year. Between 2018 and 2021, export value increased by 33.7%, corresponding to an annualized growth rate of 10.2%. The lowest value was recorded in 2020 at 25 624 thousand US dollars, which also experienced the largest decline of 7.2%.

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

Throughout 2018–2021, Sweden, Latvia, and Norway formed the core of Lithuania's safety glass exports in value terms. Sweden contributed 22.2% of export value, Latvia 16.2%, and Norway 13.7%. Collectively, these three countries accounted for 52.1% 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 safety glass to Lithuania

Imports in kind, t

In 2021, Lithuania's safety glass imports totaled 20 863 tonnes, reflecting a strong gain of 16.4% compared to 2020. Over the period from 2018 to 2021, imports increased by 29.1%, with a compound annual growth rate of 8.9%. The largest decline occurred in 2020, when imports fell by 5.4%, while the largest increase was recorded in 2019 with a rise of 17.2%.

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

From 2018 to 2021, Poland, China, and Belarus were the largest suppliers of safety glass to Lithuania by volume. Poland accounted for 54.0% of imports, China for 17.7%, and Belarus for 8.5%. Together, these three countries formed 80.2% of Lithuania's total safety glass imports in kind.

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

In 2021, Lithuania's safety glass imports in value terms reached 31 711 thousand US dollars, showing a dramatic uptick of 35.9% compared to 2020. Over the period from 2018 to 2021, import value increased by 39%, with a compound annual growth rate of 11.6%. The largest decline was recorded in 2020, when imports fell by 10.3%.

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

From 2018 to 2021, three principal markets—Poland, China, and Germany—together accounted for 69.7% of Lithuania's total safety glass imports in value terms.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Lithuania in value, 2018-2021