Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Lithuania - 2023
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Lithuania (CIF) - 2023
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Lithuania (FOB) - 2023
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Lithuania
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Lithuania
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Lithuania (CIF) - 2023
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $20.6 per unit in November 2023, growing by 2.3% against the previous month. In general, the import price, however, continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in July 2023 an increase of 54% against the previous month. The import price peaked at $34.4 per unit in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($54.4 per unit), while the price for India ($4.8 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Lithuania (FOB) - 2023
In November 2023, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $38.4 per unit, declining by -4.1% against the previous month. In general, export price indicated a mild expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for articles of apparel and clothing accessories, of leather or of composition leather decreased by -42.7% against July 2023 indices. The pace of growth was the most pronounced in July 2023 when the average export price increased by 177% m-o-m. As a result, the export price reached the peak level of $67.0 per unit. From August 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Kyrgyzstan ($202 per unit), while the average price for exports to Latvia ($11.6 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Lithuania
Imports of articles of apparel and clothing accessories, of leather or of composition leather into Lithuania declined to 724K units in 2022, which is down by -3.6% against the previous year. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of 751K units, and then contracted in the following year.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather contracted to $14M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. As a result, imports reached the peak of $17M, and then declined in the following year.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.9 | 1.2 | 2.8 | 2.2 | 34.7% |
| Germany | 0.9 | 1.3 | 2.4 | 2.2 | 34.7% |
| Italy | 3.0 | 2.7 | 3.4 | 2.0 | -12.6% |
| Pakistan | 1.8 | 1.3 | 1.5 | 1.8 | 0.0% |
| Estonia | 0.8 | 0.9 | 1.3 | 1.3 | 17.6% |
| India | 0.7 | 0.5 | 0.6 | 0.8 | 4.6% |
| Czech Republic | 0.2 | 0.4 | 0.5 | 0.6 | 44.2% |
| Netherlands | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
| Latvia | 0.7 | 0.5 | 0.5 | 0.4 | -17.0% |
| China | 0.4 | 0.4 | 0.3 | 0.4 | 0.0% |
| Sweden | 0.2 | 0.3 | 1.2 | 0.3 | 14.5% |
| Others | 2.0 | 1.6 | 1.7 | 1.9 | -1.7% |
| Total | 12.1 | 11.8 | 16.8 | 14.3 | 5.7% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Lithuania in 2022:
- Pakistan (212.9K units)
- India (154.5K units)
- Poland (85.7K units)
- Estonia (57.6K units)
- Germany (56.1K units)
- China (28.4K units)
- Italy (23.0K units)
- Czech Republic (22.6K units)
- Netherlands (21.6K units)
- Sweden (16.3K units)
- Latvia (14.6K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Lithuania
In 2022, exports of articles of apparel and clothing accessories, of leather or of composition leather from Lithuania reduced sharply to 161K units, falling by -26.3% against the previous year. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, the exports attained the peak of 218K units, and then dropped dramatically in the following year.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather reduced notably to $5.2M in 2022. In general, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of $7.4M, and then contracted significantly in the following year.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3,568 | 3,199 | 4,575 | 2,003 | -17.5% |
| Latvia | 778 | 777 | 882 | 806 | 1.2% |
| Czech Republic | 51.3 | 128 | 508 | 584 | 125.0% |
| Estonia | 336 | 308 | 332 | 349 | 1.3% |
| Poland | 204 | 77.7 | 129 | 345 | 19.1% |
| Kazakhstan | 207 | 176 | 82.2 | 312 | 14.7% |
| Belarus | 119 | 236 | 212 | 128 | 2.5% |
| Kyrgyzstan | 0.1 | 1.1 | 1.0 | 86.4 | 852.4% |
| Spain | 84.9 | 43.8 | 68.2 | 72.7 | -5.0% |
| Others | 625 | 553 | 614 | 546 | -4.4% |
| Total | 5,973 | 5,499 | 7,403 | 5,232 | -4.3% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Lithuania in 2022:
- Latvia (55.1K units)
- Russia (42.1K units)
- Estonia (12.5K units)
- Belarus (8.8K units)
- Kazakhstan (8.4K units)
- Czech Republic (7.0K units)
- Kyrgyzstan (5.3K units)
- Poland (4.8K units)
- Spain (4.8K units)
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