Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Lithuania - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Lithuania (FOB) - 2023
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Lithuania (CIF) - 2023
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Lithuania
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Lithuania
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Lithuania (FOB) - 2023
In October 2023, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $21,040 per ton, with a decrease of -10.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. The pace of growth was the most pronounced in February 2023 an increase of 27% m-o-m. As a result, the export price reached the peak level of $24,950 per ton. From March 2023 to October 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 Greece ($27,176 per ton), while the average price for exports to Spain ($12,771 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Lithuania (CIF) - 2023
In October 2023, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $10,636 per ton, remaining stable against the previous month. Overall, import price indicated a pronounced expansion from October 2022 to October 2023: its price increased at an average monthly rate of +3.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for wadding; other articles thereof, of man-made fibreses increased by +2.5% against August 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 33% month-to-month. Over the period under review, average import prices reached the maximum at $12,642 per ton in May 2023; however, from June 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Bulgaria ($12,874 per ton), while the price for Estonia ($3,258 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Lithuania
In 2022, overseas shipments of wadding; other articles thereof, of man-made fibreses increased by 34% to 9.2K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of man-made fibreses skyrocketed to $155M in 2022. The total export value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 41.1 | 24.7 | 18.1 | 33.8 | -6.3% |
| Turkey | 6.1 | 5.3 | 7.6 | 19.4 | 47.1% |
| Serbia | 1.6 | 7.8 | 8.5 | 10.2 | 85.4% |
| Greece | 2.4 | 8.1 | 10.8 | 9.6 | 58.7% |
| Belarus | 18.8 | 11.1 | 7.8 | 8.2 | -24.2% |
| Switzerland | 16.4 | 7.7 | 4.7 | 8.0 | -21.3% |
| Poland | 3.9 | 7.0 | 8.8 | 7.1 | 22.1% |
| Philippines | 0.5 | 0.6 | 1.4 | 5.6 | 123.7% |
| Germany | 7.5 | 3.5 | 3.2 | 4.8 | -13.8% |
| Bulgaria | 1.4 | 0.3 | 1.4 | 4.0 | 41.9% |
| Ukraine | 6.6 | 7.8 | 6.6 | 2.8 | -24.9% |
| Nigeria | N/A | 1.8 | 2.6 | 2.7 | 22.5% |
| Romania | 0.6 | 0.5 | 1.0 | 2.6 | 63.0% |
| Others | 23.0 | 32.5 | 32.4 | 35.8 | 15.9% |
| Total | 130 | 119 | 115 | 155 | 6.0% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Lithuania in 2022:
- Russia (2179.5 tons)
- Turkey (1148.8 tons)
- Belarus (759.4 tons)
- Greece (631.3 tons)
- Serbia (501.2 tons)
- Poland (450.7 tons)
- Germany (389.0 tons)
- Bulgaria (359.4 tons)
- Switzerland (312.3 tons)
- Romania (221.0 tons)
- Ukraine (194.3 tons)
- Philippines (180.1 tons)
- Nigeria (169.8 tons)
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Lithuania
In 2022, purchases abroad of wadding; other articles thereof, of man-made fibreses was finally on the rise to reach 2.5K tons after two years of decline. In general, imports, however, saw a relatively flat trend pattern.
In value terms, imports of wadding; other articles thereof, of man-made fibreses surged to $18M in 2022. Over the period under review, imports, however, showed a mild reduction.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 5.1 | 7.6 | 7.2 | 13.2 | 37.3% |
| Poland | 9.1 | 2.6 | 1.6 | 2.0 | -39.7% |
| Czech Republic | 1.2 | 2.4 | 1.8 | 1.1 | -2.9% |
| Estonia | 0.2 | 0.4 | 0.2 | 0.5 | 35.7% |
| Serbia | 0.7 | 0.4 | N/A | 0.1 | -47.7% |
| China | 0.4 | 0.3 | 1.2 | 0.1 | -37.0% |
| Others | 2.0 | 1.2 | 1.0 | 0.9 | -23.4% |
| Total | 18.6 | 14.9 | 13.1 | 17.8 | -1.5% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Lithuania in 2022:
- Bulgaria (1646.4 tons)
- Poland (334.0 tons)
- Estonia (190.9 tons)
- Czech Republic (187.6 tons)
- China (24.4 tons)
- Serbia (16.4 tons)
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