Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Lithuania - 2023

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Lithuania (CIF) - 2022
  2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Lithuania (FOB) - 2022
  3. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Lithuania
  4. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Lithuania

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Lithuania (CIF) - 2022

The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $149 per unit in 2022, falling by -28.9% against the previous year. Over the period under review, the import price faced a deep downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 77%. The import price peaked at $688 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,254 per unit), while the price for China ($64 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Lithuania (FOB) - 2022

The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $214 per unit in 2022, with a decrease of -59.8% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 49% against the previous year. The export price peaked at $849 per unit in 2020; however, from 2021 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 the United States ($1,283 per unit), while the average price for exports to Sweden ($49 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 Kazakhstan (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Lithuania

In 2022, approx. 26K units of articles of apparel, clothing accessories and other articles of furskin were imported into Lithuania; which is down by -11.5% on 2021 figures. In general, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 60%. Imports peaked at 30K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin fell sharply to $3.8M in 2022. Overall, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 118%. As a result, imports reached the peak of $6.1M, and then contracted dramatically in the following year.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1,0221,9875,3653,23146.8%
Germany17.510084.611386.2%
China46156.946.079.4-44.4%
India21.415.34.05.5-36.4%
Others1,110620573394-29.2%
Total2,6332,7806,0733,82213.2%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Lithuania in 2022:

  1. Sweden (22.0K units)
  2. China (1.2K units)
  3. Germany (0.6K units)
  4. India (0.1K units)

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Lithuania

In 2022, exports of articles of apparel, clothing accessories and other articles of furskin from Lithuania soared to 3.5K units, increasing by 172% compared with the year before. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin expanded markedly to $753K in 2022. In general, exports, however, faced a drastic downturn. Over the period under review, the exports of hit record highs at $1.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus17931.96.41800.2%
Russia874549551174-41.6%
KazakhstanN/A44.321.112870.0%
SwedenN/AN/AN/A96.60%
United States7.922.82.074.4111.2%
Estonia11.93.817.521.020.8%
BelgiumN/AN/AN/A5.80%
United KingdomN/A1.217.32.852.8%
Ukraine2.339.60.50.1-64.8%
Others12011471.470.0-16.4%
Total1,195806688753-14.3%

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Lithuania in 2022:

  1. Sweden (1985.0 units)
  2. Belarus (542.0 units)
  3. Kazakhstan (350.0 units)
  4. Russia (315.0 units)
  5. Estonia (78.0 units)
  6. Belgium (67.0 units)
  7. United States (58.0 units)
  8. United Kingdom (34.0 units)
  9. Ukraine (1.0 units)

Source: IndexBox Market Intelligence Platform

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