Lithuania - Narrow Woven Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNarrow Woven Fabric Price in Lithuania - 2023
Contents:
- Narrow Woven Fabric Price in Lithuania (CIF) - 2023
- Narrow Woven Fabric Price in Lithuania (FOB) - 2023
- Narrow Woven Fabric Imports in Lithuania
- Narrow Woven Fabric Exports in Lithuania
Narrow Woven Fabric Price in Lithuania (CIF) - 2023
The average narrow woven fabric import price stood at $15,036 per ton in September 2023, remaining relatively unchanged against the previous month. Over the period under review, import price indicated a modest increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, narrow woven fabric import price increased by +25.2% against July 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 65% m-o-m. The import price peaked at $19,706 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Turkey ($29,992 per ton), while the price for Serbia ($2,877 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Narrow Woven Fabric Price in Lithuania (FOB) - 2023
In September 2023, the average narrow woven fabric export price amounted to $18,351 per ton, dropping by -21.3% against the previous month. Over the period under review, the export price showed a pronounced decline. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 18% month-to-month. The export price peaked at $30,413 per ton in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the UK ($55,809 per ton), while the average price for exports to Latvia ($6,052 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+15.4%), while the prices for the other major destinations experienced mixed trend patterns.
Narrow Woven Fabric Imports in Lithuania
After three years of growth, overseas purchases of narrow woven fabrics decreased by -29% to 899 tons in 2022. Overall, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of 1.3K tons, and then reduced notably in the following year.
In value terms, narrow woven fabric imports fell to $13M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of $14M, and then contracted in the following year.
Import of Narrow Woven Fabric in Lithuania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.9 | 2.2 | 2.1 | 2.2 | 5.0% |
China | 1.4 | 1.2 | 2.0 | 2.2 | 16.3% |
Denmark | 2.3 | 2.4 | 2.5 | 1.8 | -7.8% |
Italy | 0.7 | 0.7 | 1.3 | 1.3 | 22.9% |
Poland | 2.2 | 2.3 | 1.3 | 1.1 | -20.6% |
Turkey | 0.5 | 0.5 | 0.7 | 0.7 | 11.9% |
United Kingdom | 0.5 | 0.3 | 0.4 | 0.3 | -15.7% |
Czech Republic | 0.6 | 0.4 | 0.4 | 0.2 | -30.7% |
Latvia | 0.3 | 0.4 | 0.3 | 0.2 | -12.6% |
Serbia | N/A | N/A | N/A | 0.1 | 0% |
Others | 2.3 | 2.1 | 3.0 | 3.1 | 10.5% |
Total | 12.6 | 12.6 | 14.0 | 13.3 | 1.8% |
Top Suppliers of Narrow Woven Fabric to Lithuania in 2022:
- China (223.3 tons)
- Germany (214.4 tons)
- Poland (92.0 tons)
- Italy (56.3 tons)
- Serbia (51.5 tons)
- Czech Republic (48.9 tons)
- Turkey (48.3 tons)
- Denmark (42.8 tons)
- Latvia (22.6 tons)
- United Kingdom (9.1 tons)
Narrow Woven Fabric Exports in Lithuania
After three years of growth, overseas shipments of narrow woven fabrics decreased by -7.4% to 273 tons in 2022. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year.
In value terms, narrow woven fabric exports amounted to $6.1M in 2022. The total export value increased at an average annual rate of +10.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 30%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Narrow Woven Fabric in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1,847 | 2,111 | 2,562 | 2,103 | 4.4% |
Belarus | 865 | 821 | 967 | 858 | -0.3% |
United Kingdom | 47.8 | 19.4 | 468 | 641 | 137.6% |
Latvia | 334 | 386 | 423 | 585 | 20.5% |
Ukraine | 250 | 138 | 467 | 469 | 23.3% |
Estonia | 109 | 148 | 140 | 157 | 12.9% |
Kazakhstan | 26.9 | 18.8 | 39.6 | 137 | 72.1% |
Pakistan | 114 | 171 | 257 | 127 | 3.7% |
Poland | 88.4 | 323 | 36.7 | 55.6 | -14.3% |
Others | 780 | 491 | 657 | 957 | 7.1% |
Total | 4,462 | 4,626 | 6,018 | 6,090 | 10.9% |
Top Export Markets for Narrow Woven Fabric from Lithuania in 2022:
- Russia (116.6 tons)
- Latvia (41.5 tons)
- Belarus (32.9 tons)
- Ukraine (13.4 tons)
- Kazakhstan (12.1 tons)
- Estonia (10.9 tons)
- United Kingdom (9.6 tons)
- Poland (8.2 tons)
- Pakistan (4.7 tons)
This report provides an in-depth analysis of the narrow woven fabric market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13961730 - Narrow woven fabrics other than labels, badges and other similar articles
- Prodcom 13961750 - Labels, badges and similar articles in textile materials (excluding embroidered)
- Prodcom 13961770 - Braids in the piece, tassels and pompons, ornamental trimmings (excluding knitted or crocheted)
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the narrow woven fabric market in Lithuania.
This report provides an in-depth analysis of the global narrow woven fabric market.
This report provides an in-depth analysis of the narrow woven fabric market in Lithuania.
This report provides an in-depth analysis of the global narrow woven fabric market.
Explore the top import markets for narrow woven fabric in 2023. Discover key statistics and insights on the leading countries driving global trade in this sector.
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In value terms, woven fabrics of cotton exports totaled $X in 2016. Overall, woven fabrics of cotton exports continue to indicate a deep descent. Over the period under review, global woven fabrics ...
In value terms, woven fabrics of metal thread exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tren...
Global narrow woven fabric imports stood at X tons in 2016, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
Global narrow woven fabric imports stood at X tons in 2016, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
Explore the top import markets for narrow woven fabric in 2023. Discover key statistics and insights on the leading countries driving global trade in this sector.
In value terms, woven fabrics of cotton imports stood at $X in 2016. In general, woven fabrics of cotton imports continue to indicate a deep setback. Global woven fabrics of cotton import peaked of...
In value terms, woven fabrics of metal thread imports totaled $X in 2016. In general, woven fabrics of metal thread imports continue to indicate a slight downturn. Over the period under review, glob...