Production of Quilted Textile Products in Lithuania - 2022

Quilted Textile Products Production in Lithuania - 2022

In 2022, production of quilted textile products in the piece (excluding embroidery) in Lithuania fell modestly to 1M square meters, declining by -2.6% against the year before. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 24%. As a result, production reached the peak volume of 1.1M square meters, and then declined slightly in the following year.

In value terms, quilted textile products production stood at $1.5M in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2017 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 27%. Over the period under review, production reached the maximum level in 2022 and is likely to see gradual growth in years to come.

Source: IndexBox Market Intelligence Platform

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Free Data: Quilted Textile Products In The Piece (Excluding Embroidery) - Lithuania