Production of Domestic Appliances in Lithuania - 2022

Domestic Appliances Production in Lithuania - 2022

Domestic appliances production in Lithuania fell dramatically to 1.5M units in 2022, shrinking by -20.2% on 2021 figures. Overall, production saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Domestic appliances production peaked at 2.6M units in 2018; however, from 2019 to 2022, production failed to regain momentum.

In value terms, domestic appliances production reduced to $107M in 2022 estimated in export price. Over the period under review, production recorded a abrupt descent. The pace of growth was the most pronounced in 2018 when the production volume increased by 28%. As a result, production attained the peak level of $185M. From 2019 to 2022, production growth remained at a lower figure.

Source: IndexBox Market Intelligence Platform

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Free Data: Domestic Appliances - Lithuania