Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Lithuania - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Lithuania (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Lithuania (FOB) - 2024
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Lithuania
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Lithuania
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Lithuania (CIF) - 2022
In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $18,919 per ton, shrinking by -10.6% against the previous year. Over the period under review, the import price, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 128% against the previous year. Over the period under review, average import prices attained the peak figure at $22,328 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($67,676 per ton), while the price for Poland ($5,971 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Lithuania (FOB) - 2024
In March 2024, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $20,525 per ton, waning by -43.3% against the previous month. In general, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 142% m-o-m. As a result, the export price attained the peak level of $63,254 per ton. From November 2023 to March 2024, 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 Belarus ($35,087 per ton), while the average price for exports to Kazakhstan ($3,385 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Lithuania
In 2022, supplies from abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -5.4% to 33 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 18% against the previous year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale contracted remarkably to $623K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year.
Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 15.0 | 145 | 313 | 329 | 179.9% |
France | 16.4 | 123 | 99.7 | 115 | 91.4% |
Turkey | 33.7 | 96.6 | 89.1 | 69.0 | 27.0% |
Poland | 27.4 | 29.9 | 25.8 | 42.3 | 15.6% |
Latvia | 10.7 | 8.7 | 8.6 | 25.7 | 33.9% |
Italy | 72.2 | 44.6 | 17.7 | 22.4 | -32.3% |
Spain | 10.8 | 82.7 | 131 | N/A | 248.3% |
Croatia | 249 | 151 | 3.9 | N/A | -87.5% |
Others | 38.3 | 17.9 | 47.9 | 19.4 | -20.3% |
Total | 474 | 700 | 737 | 623 | 9.5% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Lithuania in 2022:
- Germany (12.0 tons)
- Poland (7.1 tons)
- Turkey (6.8 tons)
- Latvia (2.7 tons)
- France (1.7 tons)
- Italy (1.6 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Lithuania
In 2022, the amount of cotton yarn (other than sewing thread), put up for retail sale exported from Lithuania reached 18 tons, increasing by 12% compared with the previous year. Overall, total exports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, the exports attained the peak of 24 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale rose to $568K in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 73%. As a result, the exports reached the peak of $768K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 396 | 739 | 536 | 485 | 7.0% |
Belarus | 28.6 | 18.6 | 12.1 | 38.4 | 10.3% |
Kazakhstan | N/A | N/A | N/A | 14.3 | 0% |
Kyrgyzstan | N/A | N/A | N/A | 11.0 | 0% |
Latvia | 15.8 | 9.6 | 6.4 | 7.0 | -23.8% |
Others | 2.3 | 0.9 | 1.5 | 12.4 | 75.3% |
Total | 443 | 768 | 556 | 568 | 8.6% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Lithuania in 2022:
- Russia (10.5 tons)
- Belarus (2.8 tons)
- Latvia (1.8 tons)
- Kyrgyzstan (1.6 tons)
- Kazakhstan (0.5 tons)
This report provides an in-depth analysis of the cotton yarn market in Lithuania.
This report provides an in-depth analysis of the global cotton yarn market.
Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
After two years of growth, the global cotton yarn market decreased by -2.8% to $77.2B in 2019. China ($38.9B) led the market, alone. The second position in the ranking was occupied by India ($12.8B). It was followed by Pakistan.
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