Lithuania: Bed Linen Market 2024

Bed Linen Market Size in Lithuania

In 2023, after two years of growth, there was significant decline in the Lithuanian bed linen market, when its value decreased by X% to $X. Overall, consumption, however, posted a resilient expansion. As a result, consumption reached the peak level of $X, and then reduced sharply in the following year.

Bed Linen Production in Lithuania

In value terms, bed linen production stood at $X in 2023 estimated in export price. In general, production, however, recorded a significant increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

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Bed Linen Exports

Exports from Lithuania

In 2023, approx. X tons of bed linen were exported from Lithuania; waning by X% against the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, bed linen exports contracted to $X in 2023. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Latvia (X tons), Estonia (X tons) and Finland (X tons) were the main destinations of bed linen exports from Lithuania, with a combined X% share of total exports. Germany, Russia, France, Sweden, Poland, Slovakia, Bulgaria, Belgium, the UK and Norway lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bed linen exported from Lithuania were Latvia ($X), Estonia ($X) and Germany ($X), with a combined X% share of total exports. Russia, France, Sweden, Finland, Belgium, the UK, Poland, Norway, Slovakia and Bulgaria lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average bed linen export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bed Linen Imports

Imports into Lithuania

In 2023, overseas purchases of bed linen decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, bed linen imports declined to $X in 2023. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Pakistan (X tons) constituted the largest bed linen supplier to Lithuania, accounting for a X% share of total imports. Moreover, bed linen imports from Pakistan exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Latvia (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual growth rate of volume from Pakistan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Latvia (X% per year).

In value terms, Pakistan ($X), Germany ($X) and Latvia ($X) appeared to be the largest bed linen suppliers to Lithuania, together comprising X% of total imports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bed linen import price stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform