Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Lithuania - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Lithuania (FOB) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Lithuania (CIF) - 2022
  3. Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Lithuania
  4. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Lithuania

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Lithuania (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $11,672 per ton, surging by 7.3% against the previous year. In general, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 83% against the previous year. As a result, the export price attained the peak level of $13,278 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($15,265 per ton), while the average price for exports to Poland ($7,840 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Lithuania (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $9,439 per ton in 2022, declining by -35.5% against the previous year. In general, the import price, however, showed a noticeable increase. The growth pace was the most rapid in 2017 when the average import price increased by 49%. Over the period under review, average import prices reached the maximum at $15,294 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Finland ($17,966 per ton), while the price for Germany ($7,893 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Lithuania

Exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted from Lithuania soared to 5.2 tons in 2022, increasing by 95% on the previous year. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted skyrocketed to $60K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia13.00.1N/A40.145.6%
Poland16.79.87.611.4-11.9%
BelarusN/A6.37.24.7-13.6%
UkraineN/A0.814.02.887.1%
OthersN/AN/AN/A1.20%
Total29.716.928.860.126.5%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Lithuania in 2022:

  1. Russia (3.1 tons)
  2. Poland (1.4 tons)
  3. Belarus (0.4 tons)
  4. Ukraine (0.2 tons)

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Lithuania

For the third consecutive year, Lithuania recorded decline in overseas purchases of fabrics; looped pile fabrics, of cotton, knitted or crocheted, which decreased by -43.3% to 4.8 tons in 2022. Overall, imports saw a sharp contraction. The smallest decline of -1.7% was in 2020.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted contracted dramatically to $46K in 2022. Over the period under review, imports saw a sharp curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 42% against the previous year. As a result, imports attained the peak of $146K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany56.610423.529.8-19.3%
Finland22.732.176.79.6-24.9%
PolandN/A4.1N/A5.111.5%
NetherlandsN/AN/A8.81.0-88.6%
SlovakiaN/AN/A3.7N/A0%
BelgiumN/A5.54.2N/A-23.6%
Turkey9.4N/AN/AN/A0%
Others14.3N/A7.80.3-72.4%
Total10314612545.7-23.7%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Lithuania in 2022:

  1. Germany (3772.0 kg)
  2. Finland (533.0 kg)
  3. Poland (445.0 kg)
  4. Netherlands (85.0 kg)

Source: IndexBox Market Intelligence Platform

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