Price for Rubber Thread and Cord; Textile Covered in Lithuania - 2024
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Lithuania (FOB) - 2024
- Price for Rubber Thread and Cord; Textile Covered in Lithuania (CIF) - 2022
- Exports of Rubber Thread and Cord; Textile Covered in Lithuania
- Imports of Rubber Thread and Cord; Textile Covered in Lithuania
Price for Rubber Thread and Cord; Textile Covered in Lithuania (FOB) - 2024
The average export price for rubber thread and cord; textile covereds stood at $9,223 per ton in March 2024, shrinking by -23% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 an increase of 44% m-o-m. As a result, the export price attained the peak level of $11,974 per ton, and then dropped rapidly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($17,248 per ton), while the average price for exports to Finland ($5,132 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 Sweden (+1.9%), while the prices for the other major destinations experienced a decline.
Price for Rubber Thread and Cord; Textile Covered in Lithuania (CIF) - 2022
The average import price for rubber thread and cord; textile covereds stood at $8,411 per ton in 2022, approximately reflecting the previous year. In general, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 37% against the previous year. As a result, import price reached the peak level of $13,605 per ton. From 2019 to 2022, the average import prices remained at a 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 Sweden ($45,900 per ton), while the price for China ($5,175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rubber Thread and Cord; Textile Covered in Lithuania
In 2022, overseas shipments of rubber thread and cord; textile covereds decreased by -10.9% to 99 tons, falling for the second year in a row after two years of growth. In general, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -39.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 78%. As a result, the exports reached the peak of 162 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of rubber thread and cord; textile covereds reduced modestly to $885K in 2022. Over the period under review, exports, however, showed buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 98% against the previous year. As a result, the exports reached the peak of $1.4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Rubber Thread and Cord; Textile Covered in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 221 | 316 | 274 | 198 | -3.6% |
| Poland | 75.6 | 221 | 200 | 144 | 24.0% |
| United States | 117 | 221 | 31.1 | 143 | 6.9% |
| Latvia | 78.4 | 200 | 96.8 | 98.1 | 7.8% |
| Germany | 21.0 | 39.7 | 34.7 | 63.7 | 44.8% |
| Estonia | 41.0 | 75.7 | 52.5 | 54.0 | 9.6% |
| Netherlands | 20.6 | 76.8 | 73.9 | 38.9 | 23.6% |
| Russia | 38.9 | 112 | 75.1 | 33.5 | -4.9% |
| Others | 93.1 | 137 | 82.5 | 113 | 6.7% |
| Total | 706 | 1,400 | 921 | 885 | 7.8% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Lithuania in 2022:
- Sweden (32.1 tons)
- Latvia (19.5 tons)
- Poland (9.4 tons)
- Estonia (7.5 tons)
- United States (6.4 tons)
- Netherlands (5.9 tons)
- Germany (4.5 tons)
- Russia (2.9 tons)
Imports of Rubber Thread and Cord; Textile Covered in Lithuania
In 2022, the amount of rubber thread and cord; textile covereds imported into Lithuania reduced remarkably to 16 tons, with a decrease of -16.3% compared with the previous year. In general, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 40%.
In value terms, imports of rubber thread and cord; textile covereds fell markedly to $132K in 2022. Over the period under review, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year.
| Import of Rubber Thread and Cord; Textile Covered in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 174 | 44.5 | 52.0 | 35.2 | -41.3% |
| Poland | 28.0 | 25.9 | 22.9 | 33.5 | 6.2% |
| Estonia | 15.6 | 17.5 | 26.3 | 16.0 | 0.8% |
| Germany | 1.3 | 3.9 | 3.6 | 14.5 | 123.4% |
| United Kingdom | 0.8 | 0.8 | 1.3 | 9.8 | 130.5% |
| Italy | 11.6 | 7.6 | 24.0 | 9.2 | -7.4% |
| United States | 25.5 | 1.8 | 5.4 | 1.2 | -63.9% |
| Netherlands | 0.1 | 9.4 | 4.9 | 0.3 | 44.2% |
| Others | 41.3 | 16.4 | 18.9 | 12.6 | -32.7% |
| Total | 299 | 128 | 159 | 132 | -23.9% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Lithuania in 2022:
- China (6.8 tons)
- Poland (4.3 tons)
- Germany (2.0 tons)
- Estonia (1.1 tons)
- United Kingdom (0.6 tons)
- Italy (0.3 tons)
- United States (0.1 tons)
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