Price for Clothing; Parts, Knitted or Crocheted in Lithuania - 2023

Contents:

  1. Price for Clothing; Parts, Knitted or Crocheted in Lithuania (CIF) - 2022
  2. Price for Clothing; Parts, Knitted or Crocheted in Lithuania (FOB) - 2022
  3. Imports of Clothing; Parts, Knitted or Crocheted in Lithuania
  4. Exports of Clothing; Parts, Knitted or Crocheted in Lithuania

Price for Clothing; Parts, Knitted or Crocheted in Lithuania (CIF) - 2022

The average import price for clothing; parts, knitted or crocheted stood at $49,819 per ton in 2022, waning by -39.2% against the previous year. Overall, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2017 an increase of 54% against the previous year. Over the period under review, average import prices hit record highs at $109,582 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($129,113 per ton), while the price for Sweden ($8,489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+134.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clothing; Parts, Knitted or Crocheted in Lithuania (FOB) - 2022

The average export price for clothing; parts, knitted or crocheted stood at $51,353 per ton in 2022, increasing by 72% against the previous year. In general, the export price showed a temperate increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 103%. As a result, the export price attained the peak level of $68,808 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($119,171 per ton), while the average price for exports to Ukraine ($17,379 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 Belarus (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clothing; Parts, Knitted or Crocheted in Lithuania

In 2022, the amount of clothing; parts, knitted or crocheted imported into Lithuania skyrocketed to 12 tons, increasing by 138% on the year before. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, clothing; parts, knitted or crocheted imports surged to $578K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clothing; Parts, Knitted or Crocheted in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16610619530722.7%
Germany69.112349.677.94.1%
Croatia48.328.610064.09.8%
France2.24.413.363.2206.3%
SwedenN/AN/A4.330.9618.6%
SpainN/AN/A8.127.5239.5%
Turkey1.011.52.1N/A44.9%
Others16.920.626.87.5-23.7%
Total30429439957823.9%

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Lithuania in 2022:

  1. Italy (3.9 tons)
  2. Sweden (3.6 tons)
  3. France (1.6 tons)
  4. Croatia (1.3 tons)
  5. Germany (0.8 tons)
  6. Spain (0.2 tons)

Exports of Clothing; Parts, Knitted or Crocheted in Lithuania

For the fourth year in a row, Lithuania recorded growth in overseas shipments of clothing; parts, knitted or crocheted, which increased by 86% to 8.8 tons in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 101% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, clothing; parts, knitted or crocheted exports soared to $450K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Clothing; Parts, Knitted or Crocheted in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark0.4N/A7.9175659.1%
Russia33.52.154.755.918.6%
Belarus2.223.27.246.7176.9%
Ukraine2.30.516.245.8171.0%
RomaniaN/AN/AN/A43.90%
United Kingdom1.510528.941.2201.7%
Sweden7.26.38.411.015.2%
Poland10.87.36.65.3-21.1%
Others9.97.310.625.737.4%
Total67.815214145087.9%

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Lithuania in 2022:

  1. Ukraine (2638.0 kg)
  2. Denmark (1656.0 kg)
  3. Russia (1640.0 kg)
  4. Belarus (958.0 kg)
  5. United Kingdom (953.0 kg)
  6. Romania (368.0 kg)
  7. Sweden (157.0 kg)
  8. Poland (52.0 kg)

Source: IndexBox Market Intelligence Platform

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