Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Lithuania - 2023

Contents:

  1. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Lithuania (CIF) - 2022
  2. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Lithuania (FOB) - 2022
  3. Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Lithuania
  4. Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Lithuania

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Lithuania (CIF) - 2022

In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $838 per unit, waning by -54.8% against the previous year. Over the period under review, the import price continues to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2019 an increase of 2,677%. Over the period under review, average import prices reached the maximum at $177,187 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($14,599 per unit), while the price for Italy amounted to $471 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%).

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Lithuania (FOB) - 2022

The average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $7,490 per unit in 2022, rising by 506% against the previous year. Over the period under review, the export price, however, continues to indicate a precipitous decrease. The export price peaked at $110,943 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($10,847 per unit), while the average price for exports to Latvia ($900 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 Latvia (-25.6%), while the prices for the other major destinations experienced a decline.

Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Lithuania

In 2022, approx. 320 units of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses were imported into Lithuania; jumping by 870% on 2021. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 3,736%. As a result, imports reached the peak of 5.3K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses skyrocketed to $268K in 2022. Over the period under review, imports, however, continue to indicate a sharp setback. Over the period under review, imports of hit record highs at $7M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy18.81,7451.914597.6%
China8.845.7N/A117136.9%
Others5,5495,24359.36.7-89.4%
Total5,5777,03361.2268-63.6%

Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Lithuania in 2022:

  1. Italy (307.0 units)
  2. China (8.0 units)

Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Lithuania

Exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses from Lithuania expanded remarkably to 11 units in 2022, surging by 10% on 2021. In general, exports, however, recorded a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 900%. Over the period under review, the exports of reached the peak figure at 69 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses surged to $82K in 2022. Over the period under review, exports, however, showed a precipitous setback. Over the period under review, the exports of hit record highs at $794K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UzbekistanN/AN/AN/A75.90%
Russia6042.04.52.6-83.7%
ArmeniaN/AN/AN/A2.10%
LatviaN/AN/A7.31.8-75.3%
Others190N/A0.6N/A-94.4%
Total7942.012.482.4-53.0%

Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Lithuania in 2022:

  1. Uzbekistan (7.0 units)
  2. Latvia (2.0 units)
  3. Russia (1.0 units)
  4. Armenia (1.0 units)

Source: IndexBox Market Intelligence Platform

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