Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Lithuania - 2023
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Lithuania (FOB) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Lithuania (CIF) - 2022
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Lithuania
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Lithuania
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Lithuania (FOB) - 2022
In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $7,050 per ton, surging by 1.8% against the previous year. In general, the export price, however, recorded a slight downturn. The growth pace was the most rapid in 2018 an increase of 10% against the previous year. Over the period under review, the average export prices hit record highs at $8,802 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 Italy ($18,394 per ton), while the average price for exports to Belgium ($4,476 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Lithuania (CIF) - 2022
In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $10,501 per ton, falling by -26.1% against the previous year. In general, the import price recorded a perceptible decline. The pace of growth appeared the most rapid in 2020 an increase of 24%. The import price peaked at $14,213 per ton in 2021, and then shrank markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($15,046 per ton), while the price for Iceland ($4,202 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Lithuania
In 2022, approx. 12K tons of yarn of carded wool, not put up for retail sale were exported from Lithuania; rising by 2.8% on 2021. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of yarn of carded wool, not put up for retail sale rose to $83M in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 20.0 | 20.5 | 26.4 | 22.5 | 4.0% |
| Italy | 17.3 | 14.7 | 16.7 | 19.1 | 3.4% |
| Netherlands | 6.8 | 7.8 | 12.8 | 12.7 | 23.1% |
| Estonia | 11.9 | 7.3 | 8.1 | 10.8 | -3.2% |
| Denmark | 7.1 | 5.9 | 5.9 | 7.1 | 0.0% |
| United States | 2.6 | 1.5 | 2.7 | 3.2 | 7.2% |
| Belgium | 1.8 | 1.3 | 2.4 | 2.9 | 17.2% |
| Others | 3.5 | 2.5 | 4.2 | 4.7 | 10.3% |
| Total | 71.0 | 61.5 | 79.2 | 82.9 | 5.3% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Lithuania in 2022:
- United Kingdom (3.7K tons)
- Estonia (2.2K tons)
- Netherlands (1.9K tons)
- Denmark (1.2K tons)
- Italy (1.0K tons)
- Belgium (0.7K tons)
- United States (0.5K tons)
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Lithuania
In 2022, the amount of yarn of carded wool, not put up for retail sale imported into Lithuania soared to 249 tons, jumping by 63% against 2021 figures. Over the period under review, imports recorded a slight expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of yarn of carded wool, not put up for retail sale surged to $2.6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 775 | 634 | 1,049 | 1,307 | 19.0% |
| Estonia | 652 | 359 | 334 | 434 | -12.7% |
| Germany | 254 | 134 | 165 | 189 | -9.4% |
| United Kingdom | 52.5 | 66.1 | 72.0 | 157 | 44.1% |
| Sweden | 24.9 | 96.7 | 153 | 146 | 80.3% |
| India | 313 | N/A | 54.6 | 78.6 | -36.9% |
| Iceland | 57.6 | 44.2 | 25.2 | 78.0 | 10.6% |
| Others | 101 | 249 | 325 | 226 | 30.8% |
| Total | 2,230 | 1,583 | 2,178 | 2,617 | 5.5% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Lithuania in 2022:
- Italy (99.1 tons)
- Estonia (68.6 tons)
- Iceland (18.6 tons)
- Germany (14.2 tons)
- United Kingdom (10.9 tons)
- India (10.7 tons)
- Sweden (9.7 tons)
567
This report provides an in-depth analysis of the woolen yarn market in Lithuania.
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This report provides an in-depth analysis of the woolen yarn market in Lithuania.
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This report provides an in-depth analysis of the global woolen yarn market.
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