Lithuania: Jersey Market 2024

Jersey Market Size in Lithuania

The Lithuanian jersey market soared to $X in 2022, picking up by X% against the previous year. In general, consumption enjoyed a resilient increase. Jersey consumption peaked in 2022 and is likely to continue growth in years to come.

Jersey Production in Lithuania

In value terms, jersey production surged to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Jersey Exports

Exports from Lithuania

In 2022, shipments abroad of jerseys, pullovers, cardigans and similar articles increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, jersey exports expanded slightly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units), Belarus (X units) and Ireland (X units) were the main destinations of jersey exports from Lithuania, with a combined X% share of total exports. Germany, Latvia, Kazakhstan, the UK, the Czech Republic, Sweden, Norway, Ukraine, Estonia and Switzerland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Germany ($X) and the UK ($X) were the largest markets for jersey exported from Lithuania worldwide, together comprising X% of total exports. Ireland, Norway, Switzerland, Sweden, Latvia, the Czech Republic, Belarus, Kazakhstan, Estonia and Ukraine lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average jersey export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Jersey Imports

Imports into Lithuania

In 2022, purchases abroad of jerseys, pullovers, cardigans and similar articles increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, jersey imports expanded sharply to $X in 2022. Over the period under review, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Poland (X units) constituted the largest jersey supplier to Lithuania, accounting for a X% share of total imports. Moreover, jersey imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by Spain (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

In value terms, Poland ($X), Germany ($X) and Italy ($X) appeared to be the largest jersey suppliers to Lithuania, with a combined X% share of total imports. Spain, Latvia, China, France, Belarus, Denmark, Finland, Sweden, Ukraine and Belgium lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average jersey import price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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