Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Lithuania - 2023

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Lithuania (CIF) - 2023
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Lithuania (FOB) - 2022
  3. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Lithuania
  4. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Lithuania

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Lithuania (CIF) - 2023

The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $14.6 per unit in October 2023, growing by 11% against the previous month. In general, import price indicated noticeable growth from October 2022 to October 2023: its price increased at an average monthly rate of +4.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted increased by +17.0% against August 2023 indices. The growth pace was the most rapid in April 2023 when the average import price increased by 24% m-o-m. As a result, import price reached the peak level of $16.9 per unit. From May 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($34.0 per unit), while the price for Slovenia ($6.9 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Lithuania (FOB) - 2022

In 2022, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $14 per unit, increasing by 3% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted decreased by -1.9% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices hit record highs at $14 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($33 per unit), while the average price for exports to Kazakhstan ($3.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Lithuania

In 2022, the amount of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted imported into Lithuania skyrocketed to 3.3M units, with an increase of 16% compared with 2021 figures. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.4% 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 +49.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $34M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4.75.79.311.635.1%
Germany2.55.97.97.342.9%
Italy3.73.34.53.91.8%
Spain1.81.61.92.613.0%
China1.10.91.01.35.7%
Sweden0.10.20.50.9108.0%
France0.60.51.00.810.1%
Belgium2.50.50.60.7-34.6%
Denmark0.40.30.60.614.5%
Bangladesh0.30.30.20.2-12.6%
Others3.93.75.44.33.3%
Total21.522.932.734.216.7%

Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Lithuania in 2022:

  1. Poland (1508.8K units)
  2. Germany (531.4K units)
  3. Spain (254.5K units)
  4. Italy (217.7K units)
  5. China (96.8K units)
  6. Sweden (81.1K units)
  7. France (61.2K units)
  8. Denmark (55.4K units)
  9. Belgium (54.9K units)
  10. Bangladesh (37.8K units)

Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Lithuania

In 2022, approx. 1M units of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted were exported from Lithuania; which is down by -12.1% compared with the previous year. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, the exports reached the peak of 1.2M units, and then shrank in the following year.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted dropped to $15M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports reached the peak of $16M, and then dropped in the following year.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.56.08.85.3-10.9%
Germany2.21.51.41.5-12.0%
Czech RepublicN/A0.31.11.4116.0%
Poland0.30.30.40.944.2%
Kazakhstan0.20.20.10.965.1%
Sweden0.70.71.00.84.6%
United Kingdom0.10.30.50.681.7%
Latvia0.60.40.40.5-5.9%
Belarus0.30.20.40.30.0%
Estonia0.40.40.30.3-9.1%
Ukraine0.20.20.20.1-20.6%
Others1.81.21.62.03.6%
Total14.211.616.114.60.9%

Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Lithuania in 2022:

  1. Russia (294.2K units)
  2. Kazakhstan (260.6K units)
  3. Belarus (84.1K units)
  4. Germany (63.6K units)
  5. Czech Republic (54.7K units)
  6. Latvia (46.3K units)
  7. Sweden (36.3K units)
  8. Estonia (29.2K units)
  9. Poland (27.2K units)
  10. United Kingdom (22.1K units)
  11. Ukraine (17.7K units)

Source: IndexBox Market Intelligence Platform

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