Earlier Report Observations
The market for travel goods, handbags, and similar containers in Lithuania grew significantly in value from 26.2 million dollars in 2018 to 42.4 million dollars in 2024, an overall increase of 62%. This growth was marked by considerable volatility, with a notable contraction in 2020 followed by a sharp recovery.
A major expansion occurred in 2021, when the market surged by 46% to reach 38.7 million dollars. After this peak, market value stabilized around 40 million dollars, experiencing a minor dip in 2023 before rising again to a new high of 42.4 million dollars in 2024.
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 value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. 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, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, K $ 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, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Lithuania in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Lithuania by countries, 2018-2025, K $ 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, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, K $ 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, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Lithuania in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Lithuania by countries, 2018-2025, K $ 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, 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 travel goods, handbags and similar containers in Lithuania
In value, 2018-2021, K $ US
In 2021, Lithuania's production of travel goods, handbags, and similar containers was valued at 3 552 thousand US dollars, marking a strong year-over-year increase of 17.3%. Over the period from 2018 to 2021, production grew by 18.7%, which translates to an annualized growth rate of 5.9%. The largest decline occurred in 2020, with a drop of 4.9%.
Annual dynamics of production in Lithuania in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.4% | (4.9%) | 17.3% | 5.9% |
Exports travel goods, handbags and similar containers from Lithuania
Exports in kind, t
In 2021, Lithuania's export volume of travel goods, handbags, and similar containers reached 828 tonnes, showing a robust year-over-year increase of 17.0%. Between 2018 and 2021, exports decreased by 12.4%, equivalent to an annualized decline of 4.3%. The lowest volume was recorded in 2020 at 708 tonnes, while the peak was in 2019 at 979 tonnes. The most significant decline happened in 2020, with a drop of 27.6%.
Annual dynamics of product's exports from Lithuania in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.4% | (27.6%) | 17.0% | (4.3%) |
From 2018 to 2021, the main markets for Lithuania's exports of travel goods, handbags, and similar containers in kind were Russia, accounting for 43.6% of exports, Latvia with 15.7%, and Belarus at 9.2%. Together, these three countries formed a cluster representing 68.5% 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
After two consecutive years of decline, Lithuania's exports of travel goods, handbags, and similar containers rebounded in 2021. The total value reached 29 382 thousand US dollars, reflecting an 8.9% increase compared to 2020. Over the 2018-2021 period, exports decreased by 15.9%, which corresponds to an annualized decline of 5.6%. The lowest value was recorded in 2020 at 26 982 thousand US dollars, with the largest drop of 19.8% also occurring that year.
Annual dynamics of product's exports from Lithuania in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.7%) | (19.8%) | 8.9% | (5.6%) |
Between 2018 and 2021, three key markets—Russia, Latvia, and Estonia—collectively absorbed 73.4% of the total export value of travel goods, handbags, and similar containers from Lithuania.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Lithuania in value, 2018-2021
Imports travel goods, handbags and similar containers to Lithuania
Imports in kind, t
In 2021, Lithuania's imports of travel goods, handbags, and similar containers totaled 2 414 tonnes, representing a 3.2% year-over-year increase. From 2018 to 2021, imports grew by 8.5%, with a compound annual growth rate of 2.8%. The largest decline was in 2020 at 2.3%, while the highest increase occurred in 2019 with a rise of 7.5%.
Annual dynamics of product's imports to Lithuania in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.5% | (2.3%) | 3.2% | 2.8% |
During 2018-2021, China, Germany, and Poland were the principal suppliers of travel goods, handbags, and similar containers to Lithuania in kind. China accounted for 28.2% of imports, Germany for 13.9%, and Poland for 11.8%. Together, these three countries made up 53.9% of total 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 imported travel goods, handbags, and similar containers valued at 50 420 thousand US dollars, which surged by 28.1% year-over-year. Between 2018 and 2021, imports increased by 11%, equating to an annualized growth rate of 3.6%. The lowest value was recorded in 2020 at 50 420 thousand US dollars, with the largest decline of 14.7% also occurring that year.
Annual dynamics of product's imports to Lithuania in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.7% | (14.7%) | 28.1% | 3.6% |
From 2018 to 2021, the partner structure for Lithuania's imports of travel goods, handbags, and similar containers in value terms was fragmented. Italy accounted for 19.7% of imports, Poland for 13.4%, and China for 11.8%. Together, these three countries represented only 44.8% of total flows, with no single country achieving a dominant share.
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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