Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Lithuania - 2024

Contents:

1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Lithuania (CIF) - 2022
2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Lithuania (FOB) - 2024
3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Lithuania
4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Lithuania

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Lithuania (CIF) - 2022

In 2022, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $3.5 per square meter, leveling off at the previous year. Over the period under review, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2018 an increase of 54%. As a result, import price reached the peak level of $6.3 per square meter. 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 the Netherlands ($8.9 per square meter), while the price for China ($1.6 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Lithuania (FOB) - 2024

In February 2024, the average export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $3.6 per square meter, reducing by -46.5% against the previous month. Overall, export price indicated a slight expansion from February 2023 to February 2024: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes decreased by -46.5% against January 2024 indices. The pace of growth appeared the most rapid in December 2023 when the average export price increased by 51% against the previous month. Over the period under review, the average export prices reached the maximum at $6.8 per square meter in January 2024, and then dropped rapidly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($11.8 per square meter), while the average price for exports to Poland ($1.8 per square meter) 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 (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Lithuania

In 2022, approx. 2.5M square meters of textile fabrics; impregnated, coated, covered or laminated with polyurethanes were imported into Lithuania; remaining stable against 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 74% against the previous year. As a result, imports attained the peak of 2.6M square meters. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes reduced to $8.9M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Over the period under review, imports of reached the maximum at $8.9M in 2021, and then reduced modestly in the following year.

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Lithuania in 2022:

1. China (1186.3K square meters)
2. Germany (291.6K square meters)
3. Czech Republic (265.7K square meters)
4. Poland (211.1K square meters)
5. Turkey (128.9K square meters)
6. Italy (90.4K square meters)
7. Taiwan (Chinese) (59.5K square meters)
8. Sweden (58.1K square meters)
9. France (35.2K square meters)
10. Netherlands (26.4K square meters)
11. Spain (25.6K square meters)
12. United Kingdom (11.9K square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Lithuania

For the fourth consecutive year, Lithuania recorded growth in shipments abroad of textile fabrics; impregnated, coated, covered or laminated with polyurethanes, which increased by 23% to 1.7M square meters in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +27.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +106.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 57%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes totaled $4.6M in 2022. The total export value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, the exports reached the peak of $4.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane from Lithuania in 2022:

1. Poland (399.3K square meters)
2. Romania (290.3K square meters)
3. Latvia (200.7K square meters)
4. Russia (163.4K square meters)
5. Spain (129.9K square meters)
6. Italy (99.0K square meters)
7. Germany (67.1K square meters)
8. Slovakia (62.8K square meters)
9. Estonia (53.1K square meters)
10. Ukraine (46.3K square meters)
11. Bulgaria (42.2K square meters)
12. Finland (28.6K square meters)

Source: IndexBox Market Intelligence Platform