Lithuania: Camping Equipment Market 2024

Camping Equipment Market Size in Lithuania

The Lithuanian camping equipment market stood at $X in 2023, almost unchanged from the previous year. In general, consumption saw a prominent expansion. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Camping Equipment Production in Lithuania

In value terms, camping equipment production dropped to $X in 2023 estimated in export price. In general, production, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Camping equipment production peaked at $X in 2022, and then shrank in the following year.

Camping Equipment Exports

Exports from Lithuania

In 2023, shipments abroad of camping goods decreased by X% to X tons for the first time since 2018, thus ending a four-year rising trend. Overall, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2022, and then fell markedly in the following year.

In value terms, camping equipment exports expanded rapidly to $X in 2023. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked in 2023 and are likely to see gradual growth in years to come.

Exports by Country

Norway (X tons) was the main destination for camping equipment exports from Lithuania, with a X% share of total exports. Moreover, camping equipment exports to Norway exceeded the volume sent to the second major destination, Sweden (X tons), twofold. The third position in this ranking was taken by Denmark (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Norway stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Denmark (X% per year).

In value terms, Norway ($X) remains the key foreign market for camping goods exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2023, the average camping equipment export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked in 2023 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Camping Equipment Imports

Imports into Lithuania

In 2023, camping equipment imports into Lithuania expanded to X tons, increasing by X% on the previous year's figure. Overall, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons; afterwards, it flattened through to 2023.

In value terms, camping equipment imports declined to $X in 2023. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of camping equipment to Lithuania, accounting for a X% share of total imports. Moreover, camping equipment imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. The third position in this ranking was taken by Latvia (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Latvia (X% per year).

In value terms, the largest camping equipment suppliers to Lithuania were Poland ($X), China ($X) and Germany ($X), together accounting for X% of total imports. Latvia, Turkey, the Czech Republic, Denmark and Sweden lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average camping equipment import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform