Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Lithuania - 2023
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Lithuania (FOB) - 2022
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Lithuania (CIF) - 2022
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Lithuania
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Lithuania
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Lithuania (FOB) - 2022
In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $27 per unit, rising by 7% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 synthetic fibres, knitted or crocheteds increased by +86.5% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 74%. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($64 per unit), while the average price for exports to Georgia ($4.6 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 France (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Lithuania (CIF) - 2022
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $16 per unit in 2022, rising by 8.3% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 synthetic fibres, knitted or crocheteds increased by +86.7% against 2019 indices. The growth pace was the most rapid in 2016 when the average import price increased by 43% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
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 Germany ($44 per unit), while the price for Slovenia ($3.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Lithuania
In 2022, exports of track suits; of synthetic fibres, knitted or crocheteds from Lithuania soared to 37K units, jumping by 15% against 2021. In general, exports, however, recorded a mild setback. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. As a result, the exports attained the peak of 65K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds soared to $1M in 2022. The total export value increased at an average annual rate of +14.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 41%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 36.6 | 137 | 108 | 419 | 125.4% |
| Russia | 148 | 134 | 252 | 277 | 23.2% |
| Czech Republic | N/A | 6.2 | 65.9 | 44.6 | 168.2% |
| United Kingdom | 221 | 409 | 153 | 42.8 | -42.1% |
| Kazakhstan | 10.8 | 2.0 | 1.2 | 27.0 | 35.7% |
| Sweden | 15.2 | 5.3 | 103 | 24.6 | 17.4% |
| Norway | 44.1 | 118 | 43.2 | 24.1 | -18.2% |
| Georgia | N/A | N/A | 5.0 | 23.7 | 374.0% |
| Latvia | 27.2 | 35.4 | 2.7 | 23.0 | -5.4% |
| Belarus | 43.8 | 19.3 | 15.5 | 9.9 | -39.1% |
| Estonia | 39.5 | 14.0 | 1.1 | 5.1 | -49.5% |
| Others | 90.0 | 73.0 | 70.9 | 91.4 | 0.5% |
| Total | 676 | 953 | 821 | 1,013 | 14.4% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Lithuania in 2022:
- Russia (12.2K units)
- France (9.7K units)
- Georgia (5.1K units)
- Latvia (1.6K units)
- Kazakhstan (1.5K units)
- United Kingdom (1.3K units)
- Czech Republic (0.8K units)
- Norway (0.8K units)
- Estonia (0.7K units)
- Belarus (0.7K units)
- Sweden (0.5K units)
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Lithuania
After two years of decline, purchases abroad of track suits; of synthetic fibres, knitted or crocheteds increased by 10% to 50K units in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn. Imports peaked at 77K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds skyrocketed to $799K in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 44.1 | 90.3 | 121 | 174 | 58.0% |
| Latvia | 70.6 | 24.5 | 90.7 | 172 | 34.6% |
| Italy | 26.5 | 42.7 | 72.0 | 142 | 75.0% |
| China | 55.3 | 43.8 | 122 | 89.9 | 17.6% |
| Poland | 223 | 136 | 109 | 84.1 | -27.8% |
| Austria | N/A | N/A | 78.8 | 29.6 | -62.4% |
| Slovenia | N/A | N/A | N/A | 15.2 | 0% |
| Belgium | 115 | 113 | N/A | N/A | -1.7% |
| Denmark | 61.9 | 8.5 | 10.5 | N/A | -58.8% |
| Others | 71.1 | 79.3 | 64.0 | 92.7 | 9.2% |
| Total | 667 | 538 | 668 | 799 | 6.2% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Lithuania in 2022:
- China (11.8K units)
- Italy (9.6K units)
- Latvia (8.9K units)
- Slovenia (4.7K units)
- Germany (3.9K units)
- Poland (3.1K units)
- Austria (1.8K units)
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