Industry Statistics and Rankings
How does this industry perform in Lithuania compared to Europe?
Country Benchmarking
Industry Data Lithuania
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#29 In EuropeBusiness
#13 In EuropeEmployees
#28 In EuropeWages
#30 In EuropeThe Cutlery, Hand Tool & General Hardware Manufacturing in Lithuania ranks 29 in Europe with regards to its 2024 revenue (€22.2m). Revenue received by operators in Lithuania has been low in volatility over the past five-year period, with the average annual change in revenue (0.0 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Cutlery, Hand Tool & General Hardware Manufacturing industry in Lithuania in 2024?
The market size of the Cutlery, Hand Tool & General Hardware Manufacturing industry in Lithuania is €22.2m in 2024.
How many businesses are there in the Cutlery, Hand Tool & General Hardware Manufacturing in Lithuania industry in 2024?
There are 564 businesses in the Cutlery, Hand Tool & General Hardware Manufacturing industry in Lithuania, which has declined at a CAGR of 3.1 % between 2019 and 2024.
Has the Cutlery, Hand Tool & General Hardware Manufacturing industry in Lithuania grown or declined over the past 5 years?
The market size of the Cutlery, Hand Tool & General Hardware Manufacturing industry in Lithuania has been growing at a CAGR of 0.0 % between 2019 and 2024.
What is the forecast growth of the Cutlery, Hand Tool & General Hardware Manufacturing industry in Lithuania over the next 5 years?
Over the next five years, the Cutlery, Hand Tool & General Hardware Manufacturing industry in Lithuania is expected to grow.
What does the Cutlery, Hand Tool & General Hardware Manufacturing in Lithuania include?
Manufacture of cutlery and Manufacture of metal hand tools are part of the Cutlery, Hand Tool & General Hardware Manufacturing industry.
How competitive is the Cutlery, Hand Tool & General Hardware Manufacturing industry in Lithuania?
The level of competition is moderate and steady in the Cutlery, Hand Tool & General Hardware Manufacturing industry in Lithuania.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Other Specialised Wholesaling in Lithuania
- Construction Materials, Equipment & Supplies Wholesaling in Lithuania
- Hardware & Home Improvement Stores in Lithuania
Table of Contents
About this industry
Industry definition
Manufacturers in this sector produce cutlery, including knives and forks and metal hand tools like hammers and pliers. They also make general hardware items, like hinges and locks, used in various applications, including household and commercial settings.
What's included in this industry?
Manufacture of cutleryManufacture of metal hand toolsManufacture of general hardwareIndustry Code
2593 - Manufacture of cutlery, hand tools and general hardware in Lithuania
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Cutlery, Hand Tool & General Hardware Manufacturing in Lithuania
- Employees in the Cutlery, Hand Tool & General Hardware Manufacturing in Lithuania
- Business in the Cutlery, Hand Tool & General Hardware Manufacturing in Lithuania
- Profit in the Cutlery, Hand Tool & General Hardware Manufacturing in Lithuania
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Stringent safety norms govern manufacturers. These norms ensure product safety and quality and regulate hazardous substance control, waste management and energy efficiency.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Cutlery, Hand Tool & General Hardware Manufacturing in Lithuania industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Rising energy costs damage cutlery, hand tools and general Hardware companies. The Russian invasion of Ukraine has raised energy prices, increased operational expenses, curbed profitability and diminished consumer demand for industry commodities.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Cutlery, Hand Tool & General Hardware Manufacturing in Lithuania industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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