Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Lithuania - 2024
Contents:
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Lithuania (FOB) - 2024
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Lithuania (CIF) - 2022
- Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Lithuania
- Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Lithuania
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Lithuania (FOB) - 2024
In February 2024, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $12,072 per ton, which is down by -2.1% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in August 2023 an increase of 20% month-to-month. As a result, the export price attained the peak level of $14,368 per ton. From September 2023 to February 2024, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was Russia ($28,942 per ton), while the average price for exports to Norway ($6,114 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Lithuania (CIF) - 2022
The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $10,366 per ton in 2022, waning by -11.5% against the previous year. In general, the import price saw a slight descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $12,750 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($18,831 per ton), while the price for China ($6,444 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 (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Lithuania
In 2022, shipments abroad of fabrics; "long pile" fabrics, knitted or crocheteds decreased by -10.7% to 213 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 15%. As a result, the exports attained the peak of 241 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds declined to $2.1M in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year.
| Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 416 | 725 | 842 | 927 | 30.6% |
| Sweden | 538 | 692 | 707 | 462 | -4.9% |
| Latvia | 249 | 205 | 230 | 218 | -4.3% |
| Russia | 165 | 115 | 59.0 | 122 | -9.6% |
| New Zealand | 7.9 | 94.0 | 95.4 | 85.3 | 121.0% |
| Czech Republic | 145 | 125 | 147 | 64.3 | -23.7% |
| Germany | 73.9 | 58.0 | 72.4 | 39.9 | -18.6% |
| Others | 227 | 168 | 180 | 211 | -2.4% |
| Total | 1,822 | 2,183 | 2,333 | 2,129 | 5.3% |
Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Lithuania in 2022:
- Sweden (72.4 tons)
- Estonia (64.7 tons)
- Latvia (21.6 tons)
- Russia (11.0 tons)
- New Zealand (10.0 tons)
- Czech Republic (9.3 tons)
- Germany (5.0 tons)
Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Lithuania
In 2022, approx. 87 tons of fabrics; "long pile" fabrics, knitted or crocheteds were imported into Lithuania; rising by 54% compared with 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds soared to $903K in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 250 | 330 | 307 | 384 | 15.4% |
| Italy | 220 | 260 | 252 | 223 | 0.5% |
| China | 20.7 | 15.5 | 9.4 | 110 | 74.5% |
| Germany | 51.7 | 2.1 | 0.2 | 88.5 | 19.6% |
| Sweden | 22.4 | 6.3 | 12.3 | 38.7 | 20.0% |
| Belarus | 33.7 | 37.5 | 25.9 | 38.5 | 4.5% |
| Others | 80.9 | 28.6 | 55.2 | 20.4 | -36.8% |
| Total | 679 | 681 | 662 | 903 | 10.0% |
Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Lithuania in 2022:
- Poland (38.5 tons)
- China (17.1 tons)
- Italy (16.5 tons)
- Germany (7.8 tons)
- Belarus (3.6 tons)
- Sweden (2.1 tons)
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