Lithuania - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSewing Thread Price in Lithuania - 2023
Contents:
- Sewing Thread Price in Lithuania (CIF) - 2023
- Sewing Thread Price in Lithuania (FOB) - 2023
- Sewing Thread Imports in Lithuania
- Sewing Thread Exports in Lithuania
Sewing Thread Price in Lithuania (CIF) - 2023
In September 2023, the average sewing thread import price amounted to $21,252 per ton, surging by 18% against the previous month. In general, import price indicated a tangible increase from September 2022 to September 2023: its price increased at an average monthly rate of +4.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, sewing thread import price increased by +34.7% against July 2023 indices. The pace of growth appeared the most rapid in February 2023 an increase of 65% month-to-month. Over the period under review, average import prices reached the peak figure in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($39,565 per ton), while the price for Latvia ($11,381 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sewing Thread Price in Lithuania (FOB) - 2023
In September 2023, the average sewing thread export price amounted to $18,148 per ton, surging by 33% against the previous month. In general, export price indicated tangible growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, sewing thread export price decreased by -10.9% against June 2023 indices. The pace of growth was the most pronounced in December 2022 when the average export price increased by 67% m-o-m. As a result, the export price reached the peak level of $24,103 per ton. From January 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Romania ($31,359 per ton), while the average price for exports to Russia ($11,072 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Thread Imports in Lithuania
In 2022, after three years of growth, there was significant decline in overseas purchases of sewing thread of man-made filaments or staple fibers, when their volume decreased by -9.6% to 440 tons. In general, imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 3.9% against the previous year. As a result, imports reached the peak of 487 tons, and then reduced in the following year.
In value terms, sewing thread imports contracted dramatically to $6.1M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 27%. As a result, imports reached the peak of $7.2M, and then reduced notably in the following year.
| Import of Sewing Thread in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,282 | 2,135 | 2,443 | 2,334 | 0.8% |
| Poland | 1,302 | 1,130 | 1,520 | 1,324 | 0.6% |
| Italy | 108 | 403 | 1,086 | 613 | 78.4% |
| Latvia | 300 | 241 | 256 | 281 | -2.2% |
| China | 396 | 262 | 306 | 251 | -14.1% |
| Czech Republic | 305 | 275 | 113 | 245 | -7.0% |
| Spain | 208 | 465 | 371 | 225 | 2.7% |
| Others | 771 | 758 | 1,123 | 848 | 3.2% |
| Total | 5,671 | 5,669 | 7,218 | 6,120 | 2.6% |
Top Suppliers of Sewing Thread to Lithuania in 2022:
- Germany (134.2 tons)
- Poland (81.4 tons)
- Czech Republic (59.5 tons)
- China (48.5 tons)
- Italy (25.8 tons)
- Spain (24.1 tons)
- Latvia (20.2 tons)
Sewing Thread Exports in Lithuania
After three years of growth, overseas shipments of sewing thread of man-made filaments or staple fibers decreased by -25.1% to 129 tons in 2022. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year.
In value terms, sewing thread exports reduced sharply to $2M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 18%. As a result, the exports reached the peak of $2.4M, and then reduced dramatically in the following year.
| Export of Sewing Thread in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 750 | 1,201 | 1,327 | 683 | -3.1% |
| Belarus | 454 | 336 | 452 | 381 | -5.7% |
| Latvia | 239 | 201 | 218 | 349 | 13.5% |
| Ukraine | 224 | 142 | 276 | 222 | -0.3% |
| Uzbekistan | N/A | 14.0 | N/A | 104 | 172.6% |
| Romania | 26.6 | 22.6 | 25.1 | 44.6 | 18.8% |
| Others | 212 | 162 | 151 | 239 | 4.1% |
| Total | 1,906 | 2,079 | 2,449 | 2,023 | 2.0% |
Top Export Markets for Sewing Thread from Lithuania in 2022:
- Russia (69.3 tons)
- Latvia (15.8 tons)
- Ukraine (14.8 tons)
- Belarus (14.3 tons)
- Uzbekistan (4.1 tons)
- Romania (3.2 tons)
This report provides an in-depth analysis of the sewing thread market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13108510 - Sewing thread of man-made filaments
- Prodcom 13108550 - Sewing thread of man-made staple fibres
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
3626
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
1125
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
1621
In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
3626
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
1125
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
