Report Update Apr 1, 2024

Lithuania - Hand-Made Lace in the Piece, in Strips or in Motifs - Market Analysis, Forecast, Size, Trends and Insights

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Lithuania: Hand-Made Lace Market 2024

Hand-Made Lace Market Size in Lithuania

In 2022, the Lithuanian hand-made lace market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption recorded a resilient increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Hand-Made Lace Production in Lithuania

In value terms, hand-made lace production totaled $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Hand-Made Lace Exports

Exports from Lithuania

In 2022, shipments abroad of hand-made lace in the piece, in strips or in motifs decreased by X% to X kg, falling for the third consecutive year after two years of decline. Overall, exports showed a sharp downturn. The smallest decline of X% was in 2020. The exports peaked at X kg in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, hand-made lace exports totaled $X in 2022. In general, exports faced a sharp slump. The smallest decline of X% was in 2020. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X kg) and Turkey (X kg) were the main destinations of hand-made lace exports from Lithuania. Moreover, hand-made lace exports in the UK exceeded the figures recorded by the second-largest exporter, Turkey, twofold.

From 2017 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%).

From 2017 to 2022, the average annual growth rate of value to the UK was relatively modest.

Export Prices by Country

In 2022, the average hand-made lace export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price recorded a sharp slump. The growth pace was the most rapid in 2020 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, 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 the UK ($X per ton), while the average price for exports to Turkey amounted to $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Made Lace Imports

Imports into Lithuania

In 2022, supplies from abroad of hand-made lace in the piece, in strips or in motifs decreased by X% to X kg, falling for the third year in a row after two years of decline. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, hand-made lace imports amounted to $X in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X kg) was the main hand-made lace supplier to Lithuania, with a X% share of total imports. Moreover, hand-made lace imports from Turkey exceeded the figures recorded by the second-largest supplier, India (X kg), more than tenfold.

From 2016 to 2022, the average annual growth rate of volume from Turkey totaled X%.

In value terms, Turkey ($X) and India ($X) constituted the largest hand-made lace suppliers to Lithuania.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average hand-made lace import price amounted to $X per ton, flattening at the previous year. Overall, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Turkey totaled $X per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hand-made lace in the piece, in strips or in motifs in the world?

Syrian Arab Republic constituted the country with the largest volume of hand-made lace consumption, comprising approx. 51% of total volume. Moreover, hand-made lace consumption in Syrian Arab Republic exceeded the figures recorded by the second-largest consumer, China, eightfold. The third position in this ranking was held by the Philippines, with a 5.8% share.

What are the largest producers of hand-made lace in the piece, in strips or in motifs in the world?

Syrian Arab Republic constituted the country with the largest volume of hand-made lace production, accounting for 55% of total volume. Moreover, hand-made lace production in Syrian Arab Republic exceeded the figures recorded by the second-largest producer, China, sixfold. The third position in this ranking was held by Turkey, with a 9.1% share.

What are the leading suppliers of hand-made lace in the piece, in strips or in motifs to Lithuania?

In value terms, Turkey and India constituted the largest hand-made lace suppliers to Lithuania.

What is the average export price for hand-made lace in the piece, in strips or in motifs in Lithuania?

The average hand-made lace export price stood at $5,000 per ton in 2022, approximately equating the previous year.

What is the average import price for hand-made lace in the piece, in strips or in motifs in Lithuania?

The average hand-made lace import price stood at $37,398 per ton in 2022, approximately equating the previous year.

This report provides an in-depth analysis of the hand-made lace 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 13991170 - Hand-made lace in the piece, in strips or in motifs

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023