Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Lithuania - 2023

Contents:

  1. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Lithuania (CIF) - 2023
  2. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Lithuania (FOB) - 2022
  3. Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Lithuania
  4. Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Lithuania

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Lithuania (CIF) - 2023

The average import price for handbags with outer surface of plastic sheeting or of textile materialses stood at $14.0 per unit in December 2023, waning by -9% against the previous month. Over the period under review, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 54% against the previous month. As a result, import price attained the peak level of $20.8 per unit. From July 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($98.2 per unit), while the price for India ($839 per thousand units) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Lithuania (FOB) - 2022

In 2022, the average export price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $21 per unit, with a decrease of -6.6% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for handbags with outer surface of plastic sheeting or of textile materialses increased by +47.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 54% against the previous year. As a result, the export price reached the peak level of $23 per unit, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($33 per unit), while the average price for exports to Kazakhstan ($12 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 Mongolia (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Lithuania

Imports of handbags with outer surface of plastic sheeting or of textile materialses into Lithuania surged to 1.2M units in 2022, rising by 33% compared with 2021 figures. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses amounted to $12M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1.21.43.03.542.9%
Italy2.41.21.71.9-7.5%
Germany0.50.71.01.337.5%
Netherlands0.80.60.91.111.2%
Latvia1.41.00.90.8-17.0%
Spain1.10.91.20.8-10.1%
China0.90.80.80.6-12.6%
Others1.51.41.91.74.3%
Total9.98.111.411.65.4%

Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to Lithuania in 2022:

  1. Poland (669.4K units)
  2. China (112.0K units)
  3. Latvia (76.2K units)
  4. Germany (73.9K units)
  5. Italy (65.6K units)
  6. Spain (62.5K units)
  7. Netherlands (58.2K units)

Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Lithuania

In 2022, shipments abroad of handbags with outer surface of plastic sheeting or of textile materialses increased by 8% to 254K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt decline. The exports peaked at 348K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses reached $5.4M in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2,4651,6712,7612,5411.0%
Latvia941741593770-6.5%
Estonia5714524435800.5%
Poland14820424629325.6%
Kazakhstan24777.6153225-3.1%
Belarus13077.136418111.7%
Italy28.928.720.115575.0%
MongoliaN/AN/A9.951.1416.2%
United Kingdom73.724018.79.8-49.0%
Bulgaria24.824.021.02.5-53.5%
Others41444574661514.1%
Total5,0433,9615,3755,4232.5%

Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from Lithuania in 2022:

  1. Russia (98.2K units)
  2. Latvia (48.8K units)
  3. Estonia (29.7K units)
  4. Kazakhstan (18.3K units)
  5. Belarus (9.9K units)
  6. Poland (8.8K units)
  7. Italy (7.5K units)
  8. Mongolia (4.0K units)
  9. United Kingdom (0.9K units)
  10. Bulgaria (0.4K units)

Source: IndexBox Market Intelligence Platform

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