Price for Track Suits; of Cotton, Knitted or Crocheted in Lithuania - 2023

Contents:

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

Price for Track Suits; of Cotton, Knitted or Crocheted in Lithuania (CIF) - 2022

The average import price for track suits; of cotton, knitted or crocheted stood at $16 per unit in 2022, reducing by -22.6% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for track suits; of cotton, knitted or crocheted increased by +35.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 75%. As a result, import price attained the peak level of $20 per unit, and then shrank sharply in the following year.

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 China ($66 per unit), while the price for Slovenia ($4.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+33.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Track Suits; of Cotton, Knitted or Crocheted in Lithuania (FOB) - 2022

In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $27 per unit, increasing by 3.9% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% 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 track suits; of cotton, knitted or crocheted increased by +23.0% against 2017 indices. The most prominent rate of growth was recorded in 2017 an increase of 68% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Poland ($74 per unit), while the average price for exports to the United Arab Emirates ($2.9 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 Poland (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Track Suits; of Cotton, Knitted or Crocheted in Lithuania

In 2022, purchases abroad of track suits; of cotton, knitted or crocheted was finally on the rise to reach 49K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt contraction. Over the period under review, imports of reached the maximum at 59K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of track suits; of cotton, knitted or crocheted expanded slightly to $767K in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 13% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Lithuania in 2022:

1. Poland (14.2K units)
2. Slovenia (9.9K units)
3. Italy (7.7K units)
4. Germany (4.3K units)
5. Netherlands (4.2K units)
6. Sweden (2.5K units)
7. Turkey (1.8K units)
8. Belgium (1.1K units)

Exports of Track Suits; of Cotton, Knitted or Crocheted in Lithuania

After three years of growth, shipments abroad of track suits; of cotton, knitted or crocheted decreased by -14.3% to 13K units in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% 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 +54.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 39%. Over the period under review, the exports of hit record highs at 15K units in 2021, and then contracted in the following year.

In value terms, exports of track suits; of cotton, knitted or crocheted shrank to $363K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, the exports reached the peak of $408K, and then fell in the following year.

Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Lithuania in 2022:

1. Russia (7.0K units)
2. Latvia (2.4K units)
3. Czech Republic (0.8K units)
4. Uzbekistan (0.6K units)
5. Estonia (0.5K units)
6. Kazakhstan (0.5K units)
7. Kyrgyzstan (0.4K units)
8. Poland (0.4K units)
9. United Arab Emirates (0.2K units)

Source: IndexBox Market Intelligence Platform