Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Lithuania - 2024
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Lithuania (CIF) - 2022
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Lithuania (FOB) - 2024
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Lithuania
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Lithuania
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Lithuania (CIF) - 2022
The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $12,814 per ton in 2022, jumping by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2017 an increase of 24% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($31,936 per ton), while the price for Belgium ($3,974 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Lithuania (FOB) - 2024
In November 2023, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $13,702 per ton, reducing by -11.3% against the previous month. Over the last ten months, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in February 2023 when the average export price increased by 29% against the previous month. Over the period under review, the average export prices hit record highs at $17,021 per ton in July 2023; however, from August 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Romania ($43,838 per ton), while the average price for exports to the Netherlands ($7,750 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Lithuania
In 2022, after three years of growth, there was significant decline in overseas purchases of fabrics, knitted or crocheted, of a width of > 30 cms, when their volume decreased by -6.4% to 3.6K tons. In general, imports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 6.6%.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms rose remarkably to $47M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 5.9 | 7.3 | 8.5 | 13.4 | 31.4% |
| Italy | 4.7 | 3.9 | 6.7 | 7.5 | 16.9% |
| Poland | 5.8 | 4.9 | 5.1 | 6.2 | 2.2% |
| Germany | 5.7 | 3.7 | 3.4 | 3.3 | -16.7% |
| China | 1.1 | 1.2 | 2.3 | 3.0 | 39.7% |
| Belgium | 3.3 | 4.3 | 3.2 | 2.9 | -4.2% |
| Turkey | 3.2 | 3.4 | 3.4 | 2.5 | -7.9% |
| Estonia | 1.0 | 1.3 | 1.7 | 1.3 | 9.1% |
| Others | 5.6 | 5.9 | 7.0 | 6.6 | 5.6% |
| Total | 36.2 | 35.9 | 41.3 | 46.7 | 8.9% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Lithuania in 2022:
- Belgium (734.2 tons)
- Germany (479.5 tons)
- Denmark (452.6 tons)
- Poland (450.7 tons)
- China (425.8 tons)
- Turkey (295.7 tons)
- Italy (248.7 tons)
- Estonia (227.2 tons)
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Lithuania
In 2022, the amount of fabrics, knitted or crocheted, of a width of > 30 cms exported from Lithuania fell slightly to 1.2K tons, approximately equating the previous year. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 1.2K tons, leveling off in the following year.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms shrank slightly to $17M in 2022. The total export value increased at an average annual rate of +5.8% over the period 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 with an increase of 34% against the previous year. As a result, the exports reached the peak of $17M, leveling off in the following year.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 0.8 | 0.5 | 2.0 | 2.4 | 44.2% |
| Russia | 3.2 | 2.6 | 4.4 | 2.4 | -9.1% |
| Germany | 1.9 | 1.9 | 2.4 | 1.9 | 0.0% |
| France | 2.1 | 1.6 | 1.6 | 1.7 | -6.8% |
| Latvia | 1.0 | 1.6 | 0.9 | 1.6 | 17.0% |
| Poland | 1.5 | 1.3 | 1.1 | 1.4 | -2.3% |
| Belarus | 1.6 | 1.3 | 2.1 | 1.1 | -11.7% |
| Sweden | 0.1 | 0.2 | 0.3 | 0.7 | 91.3% |
| Turkey | N/A | N/A | N/A | 0.4 | 0% |
| United States | 0.1 | 0.5 | 0.4 | 0.4 | 58.7% |
| Norway | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Others | 2.3 | 1.6 | 2.1 | 2.9 | 8.0% |
| Total | 14.6 | 13.0 | 17.4 | 17.3 | 5.8% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Lithuania in 2022:
- Ukraine (196.0 tons)
- Russia (179.7 tons)
- Poland (167.3 tons)
- France (112.0 tons)
- Germany (106.4 tons)
- Latvia (63.9 tons)
- Belarus (59.4 tons)
- Sweden (51.4 tons)
- United States (38.4 tons)
- Norway (35.3 tons)
- Turkey (20.8 tons)
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