Price for Tents of Synthetic Fibres in Lithuania - 2023

Contents:

1. Price for Tents of Synthetic Fibres in Lithuania (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Lithuania (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Lithuania
4. Exports of Tents of Synthetic Fibres in Lithuania

Price for Tents of Synthetic Fibres in Lithuania (CIF) - 2022

The average tents of synthetic fibres import price stood at $6,338 per ton in 2022, surging by 6.7% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 49%. The import price peaked at $8,305 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($12,438 per ton), while the price for Sweden ($1,117 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tents of Synthetic Fibres in Lithuania (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $12,101 per ton, declining by -28.4% against the previous year. Overall, the export price, however, posted perceptible growth. The growth pace was the most rapid in 2018 when the average export price increased by 61%. Over the period under review, the average export prices hit record highs at $16,896 per ton in 2021, and then dropped significantly in the following year.

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 Kazakhstan ($21,231 per ton), while the average price for exports to Belarus ($7,455 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 Poland (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Lithuania

Tents of synthetic fibres imports into Lithuania rose significantly to 576 tons in 2022, increasing by 5.4% against the previous year's figure. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 132% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, tents of synthetic fibres imports rose rapidly to $3.6M in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 74% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Tents of Synthetic Fibres to Lithuania in 2022:

1. China (404.3 tons)
2. Latvia (48.4 tons)
3. Poland (40.0 tons)
4. Germany (27.2 tons)
5. Denmark (26.1 tons)
6. Czech Republic (6.6 tons)

Exports of Tents of Synthetic Fibres in Lithuania

In 2022, approx. 53 tons of tents of synthetic fibreses were exported from Lithuania; rising by 38% on the previous year. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tents of synthetic fibres exports declined slightly to $640K in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.7% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $650K, and then contracted in the following year.

Top Export Markets for Tents of Synthetic Fibres from Lithuania in 2022:

1. Estonia (17.9 tons)
2. Latvia (15.2 tons)
3. Finland (10.6 tons)
4. Kazakhstan (3.3 tons)
5. Russia (2.9 tons)
6. Poland (0.8 tons)
7. Belarus (0.3 tons)

Source: IndexBox Market Intelligence Platform