Price for Textiles; Worn Clothing and Other Worn Articles in Lithuania - 2023
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Lithuania (FOB) - 2023
- Price for Textiles; Worn Clothing and Other Worn Articles in Lithuania (CIF) - 2023
- Exports of Textiles; Worn Clothing and Other Worn Articles in Lithuania
- Imports of Textiles; Worn Clothing and Other Worn Articles in Lithuania
Price for Textiles; Worn Clothing and Other Worn Articles in Lithuania (FOB) - 2023
In December 2023, the average export price for textiles; worn clothing and other worn articleses amounted to $1,544 per ton, dropping by -3.9% against the previous month. In general, the export price saw a mild setback. The most prominent rate of growth was recorded in February 2023 an increase of 18% month-to-month. As a result, the export price reached the peak level of $2,159 per ton. From March 2023 to December 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($4,912 per ton), while the average price for exports to Pakistan ($203 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textiles; Worn Clothing and Other Worn Articles in Lithuania (CIF) - 2023
In December 2023, the average import price for textiles; worn clothing and other worn articleses amounted to $1,057 per ton, declining by -12.2% against the previous month. Over the period under review, the import price recorded a perceptible shrinkage. The pace of growth was the most pronounced in September 2023 an increase of 18% month-to-month. Over the period under review, average import prices hit record highs at $1,464 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United Arab Emirates ($3,200 per ton), while the price for Ukraine ($593 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textiles; Worn Clothing and Other Worn Articles in Lithuania
In 2022, after two years of decline, there was significant growth in overseas shipments of textiles; worn clothing and other worn articleses, when their volume increased by 14% to 51K tons. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of textiles; worn clothing and other worn articleses soared to $87M in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Textiles; Worn Clothing and Other Worn Articles in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 0.2 | 0.2 | 0.2 | 17.7 | 345.6% |
| Belarus | 7.4 | 9.8 | 6.5 | 14.2 | 24.3% |
| Ukraine | 18.9 | 16.2 | 18.6 | 13.2 | -11.3% |
| Russia | 27.8 | 26.1 | 24.6 | 7.3 | -36.0% |
| Benin | 4.0 | 2.4 | 1.9 | 4.0 | 0.0% |
| Togo | 3.0 | 3.2 | 2.2 | 3.6 | 6.3% |
| Latvia | 2.6 | 2.9 | 2.1 | 3.0 | 4.9% |
| Pakistan | 1.4 | 1.2 | 1.7 | 2.0 | 12.6% |
| Nigeria | 1.9 | 2.7 | 2.3 | 1.9 | 0.0% |
| Kenya | 1.0 | 0.7 | 1.1 | 1.8 | 21.6% |
| Hungary | 2.1 | 1.3 | 1.4 | 1.7 | -6.8% |
| Angola | 0.8 | 0.7 | 1.0 | 1.0 | 7.7% |
| United Arab Emirates | N/A | N/A | N/A | 1.0 | 0% |
| Others | 10.5 | 9.5 | 11.9 | 14.9 | 12.4% |
| Total | 81.6 | 77.1 | 75.6 | 87.3 | 2.3% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Lithuania in 2022:
- Pakistan (8.4K tons)
- Belarus (5.0K tons)
- Ukraine (4.5K tons)
- Togo (4.5K tons)
- Benin (4.3K tons)
- Kazakhstan (3.5K tons)
- Kenya (2.3K tons)
- Russia (1.7K tons)
- Latvia (1.6K tons)
- Angola (1.4K tons)
- Hungary (1.4K tons)
- United Arab Emirates (1.3K tons)
- Nigeria (1.3K tons)
Imports of Textiles; Worn Clothing and Other Worn Articles in Lithuania
In 2022, purchases abroad of textiles; worn clothing and other worn articleses increased by 3.3% to 52K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a pronounced shrinkage.
In value terms, imports of textiles; worn clothing and other worn articleses expanded remarkably to $65M in 2022. In general, imports, however, recorded a relatively flat trend pattern.
| Import of Textiles; Worn Clothing and Other Worn Articles in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.4 | 9.0 | 8.6 | 10.7 | 8.4% |
| United Kingdom | 14.4 | 12.6 | 12.6 | 8.0 | -17.8% |
| Netherlands | 9.0 | 8.8 | 6.4 | 7.5 | -5.9% |
| Sweden | 7.9 | 6.2 | 7.6 | 7.5 | -1.7% |
| Poland | 7.1 | 6.9 | 6.8 | 7.3 | 0.9% |
| Oman | 0.7 | 1.2 | 1.6 | 3.4 | 69.4% |
| France | 0.3 | 0.2 | 0.3 | 3.2 | 120.1% |
| Italy | 2.5 | 2.6 | 1.9 | 2.4 | -1.4% |
| Norway | 3.0 | 1.7 | 2.0 | 1.9 | -14.1% |
| Austria | 2.5 | 1.8 | 2.0 | 1.8 | -10.4% |
| Finland | 1.7 | 2.0 | 1.1 | 1.1 | -13.5% |
| Latvia | 1.7 | 1.5 | 1.2 | 1.1 | -13.5% |
| Denmark | 0.9 | 0.6 | 0.8 | 0.9 | 0.0% |
| Others | 5.4 | 5.8 | 6.4 | 8.0 | 14.0% |
| Total | 65.7 | 61.0 | 59.3 | 64.9 | -0.4% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Lithuania in 2022:
- Sweden (11.0K tons)
- Germany (8.7K tons)
- Netherlands (6.1K tons)
- United Kingdom (5.2K tons)
- Poland (3.1K tons)
- Norway (2.5K tons)
- Finland (2.0K tons)
- Austria (2.0K tons)
- Latvia (1.7K tons)
- Oman (1.4K tons)
- France (1.4K tons)
- Italy (1.3K tons)
- Denmark (1.2K tons)
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