Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Lithuania - 2023

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Lithuania (CIF) - 2023
  2. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Lithuania (FOB) - 2023
  3. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Lithuania
  4. Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Lithuania

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Lithuania (CIF) - 2023

The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $14.5 per square meter in December 2023, with an increase of 11% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in June 2023 an increase of 33% m-o-m. The import price peaked in December 2023.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Turkey ($234 per square meter), while the price for the Czech Republic ($6.3 per square meter) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Turkey (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Lithuania (FOB) - 2023

The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $10.5 per square meter in December 2023, which is down by -34.8% against the previous month. Overall, the export price saw a noticeable decline. The growth pace was the most rapid in May 2023 an increase of 13% month-to-month. The export price peaked at $16.1 per square meter in November 2023, and then contracted rapidly in the following month.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was France ($45.4 per square meter), while the average price for exports to the UK ($4.5 per square meter) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Lithuania

After two years of decline, purchases abroad of woven fabrics of combed wool or of combed fine animal hair increased by 3% to 1.4M square meters in 2022. Overall, imports, however, saw a abrupt downturn. Imports peaked at 1.9M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair shrank slightly to $16M in 2022. Over the period under review, imports, however, continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Imports peaked at $17M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.56.55.45.0-3.1%
Denmark3.81.64.54.01.7%
Germany2.31.42.53.09.3%
Sweden1.72.42.31.70.0%
Turkey1.20.40.20.4-30.7%
Taiwan (Chinese)N/AN/A0.30.433.3%
Portugal0.40.20.30.40.0%
United Kingdom1.41.40.40.3-40.2%
France0.20.10.20.20.0%
Others0.90.80.91.03.6%
Total17.414.816.916.3-2.2%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Lithuania in 2022:

  1. Italy (412.1K square meters)
  2. Denmark (280.8K square meters)
  3. Germany (270.5K square meters)
  4. Sweden (150.0K square meters)
  5. Turkey (44.0K square meters)
  6. Taiwan (Chinese) (43.6K square meters)
  7. Portugal (40.9K square meters)
  8. United Kingdom (28.4K square meters)
  9. France (25.3K square meters)

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Lithuania

In 2022, approx. 945K square meters of woven fabrics of combed wool or of combed fine animal hair were exported from Lithuania; with a decrease of -28.7% compared with 2021 figures. Over the period under review, exports continue to indicate a significant decrease. Over the period under review, the exports of reached the peak figure at 5.5M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair declined remarkably to $12M in 2022. In general, exports saw a abrupt contraction. The smallest decline of -17.5% was in 2020. The exports peaked at $24M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,8871,6652,3431,9280.7%
Germany1,8431,6101,6471,688-2.9%
Sweden2,1011,7681,9371,664-7.5%
Russia3,6043,9044,3901,238-30.0%
Denmark9361,067971845-3.4%
Italy7274866027712.0%
France791576718698-4.1%
Finland668497435519-8.1%
Netherlands693522528444-13.8%
Spain2552483882924.6%
Kazakhstan15498.817727120.7%
United States1962343082325.8%
Belarus56.182.913312631.0%
Others9,9516,9281,6371,557-46.1%
Total23,86219,68816,21212,272-19.9%

Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Lithuania in 2022:

  1. Poland (164.2K square meters)
  2. Russia (134.5K square meters)
  3. Sweden (128.7K square meters)
  4. Germany (124.7K square meters)
  5. France (54.0K square meters)
  6. Italy (47.7K square meters)
  7. Denmark (46.1K square meters)
  8. Finland (35.0K square meters)
  9. Netherlands (34.9K square meters)
  10. United States (25.2K square meters)
  11. Kazakhstan (18.4K square meters)
  12. Belarus (18.0K square meters)
  13. Spain (18.0K square meters)

Source: IndexBox Market Intelligence Platform

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