Lithuania: Nonwoven Fabric Market 2024

Nonwoven Fabric Market Size in Lithuania

In 2022, the Lithuanian nonwoven fabric market increased by X% to $X, rising for the third consecutive year after three years of decline. In general, consumption continues to indicate a significant expansion. Nonwoven fabric consumption peaked in 2022 and is expected to retain growth in years to come.

Nonwoven Fabric Exports

Exports from Lithuania

In 2022, approx. X tons of nonwoven fabrics were exported from Lithuania; growing by X% on the year before. Over the period under review, total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, nonwoven fabric exports stood at $X in 2022. The total export value increased at an average annual rate of X% 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%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Russia (X tons) was the main destination for nonwoven fabric exports from Lithuania, with a X% share of total exports. Moreover, nonwoven fabric exports to Russia exceeded the volume sent to the second major destination, Latvia (X tons), fourfold. The third position in this ranking was taken by Sweden (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Sweden (X% per year).

In value terms, Russia ($X) remains the key foreign market for nonwoven fabrics exports from Lithuania, comprising X% of total exports. The second position in the ranking was taken by Latvia ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average nonwoven fabric export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

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

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Nonwoven Fabric Imports

Imports into Lithuania

Nonwoven fabric imports into Lithuania rose to X tons in 2022, increasing by X% compared with the year before. Over the period under review, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, nonwoven fabric imports totaled $X in 2022. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Poland (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of nonwoven fabric imports to Lithuania, together accounting for X% of total imports. Turkey, Latvia, Romania, China, Estonia, Hungary, Belgium, the Czech Republic, the Netherlands and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Italy ($X) appeared to be the largest nonwoven fabric suppliers to Lithuania, together accounting for X% of total imports. Turkey, China, Latvia, Sweden, the Netherlands, Hungary, Romania, the Czech Republic, Belgium and Estonia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Romania, with a CAGR of X%, saw the highest rates of growth with regard to 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 nonwoven fabric import price amounted to $X per ton, remaining constant against the previous year. Overall, the import price continues to indicate 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 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Sweden ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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