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

Contents:

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

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Lithuania (CIF) - 2024

In February 2024, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides amounted to $3.5 per square meter, growing by 18% against the previous month. In general, the import price showed a tangible increase. The most prominent rate of growth was recorded in July 2023 an increase of 169% month-to-month. The import price peaked at $7.0 per square meter in April 2023; however, from May 2023 to February 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Sweden ($16.6 per square meter), while the price for Latvia ($473 per thousand square meters) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Germany (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Lithuania (FOB) - 2022

In 2022, the average export price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides amounted to $3.5 per square meter, with a decrease of -14.1% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 50%. Over the period under review, the average export prices attained the maximum at $4.1 per square meter in 2021, and then shrank in the following year.

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 Estonia ($5.6 per square meter), while the average price for exports to Serbia ($2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third consecutive year, Lithuania recorded decline in supplies from abroad of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides, which decreased by -0.9% to 2M square meters in 2022. In general, imports saw a abrupt decrease. Over the period under review, imports of reached the peak figure at 2.6M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides fell dramatically to $7.2M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports reached the peak of $8.7M, and then reduced sharply in the following year.

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

1. China (760.1K square meters)
2. Belgium (604.7K square meters)
3. Spain (159.1K square meters)
4. Poland (149.4K square meters)
5. United Kingdom (97.9K square meters)
6. Germany (69.9K square meters)
7. Latvia (69.5K square meters)

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

In 2022, approx. 222K square meters of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides were exported from Lithuania; with an increase of 39% compared with 2021 figures. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +50.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides skyrocketed to $779K in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +56.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

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

1. Kazakhstan (60.4K square meters)
2. Russia (51.0K square meters)
3. Latvia (40.7K square meters)
4. Belarus (39.1K square meters)
5. Serbia (21.4K square meters)
6. Estonia (1.7K square meters)

Source: IndexBox Market Intelligence Platform