Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Lithuania - 2023

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Lithuania (CIF) - 2023
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Lithuania (FOB) - 2022
  3. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Lithuania
  4. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Lithuania

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Lithuania (CIF) - 2023

In December 2023, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $13.4 per square meter, growing by 26% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 27% against the previous month. Over the period under review, average import prices reached the maximum in December 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Finland ($30.7 per square meter), while the price for Latvia ($6.6 per square meter) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Lithuania (FOB) - 2022

The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $8.1 per square meter in 2022, reducing by -9.7% against the previous year. Over the period under review, the export price showed a perceptible descent. The growth pace was the most rapid in 2020 an increase of 24%. As a result, the export price reached the peak level of $11 per square meter. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($18 per square meter), while the average price for exports to the UK ($5.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Lithuania

In 2022, imports of woven fabrics of carded wool or of carded fine animal hair into Lithuania surged to 1.4M square meters, increasing by 49% against 2021 figures. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 89% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair soared to $13M in 2022. Overall, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy4.22.42.85.710.7%
LatviaN/AN/A2.22.1-4.5%
Sweden1.21.11.21.20.0%
Germany0.50.20.50.817.0%
Norway0.30.40.50.518.6%
UkraineN/AN/A0.10.4300.0%
United Kingdom0.60.50.40.4-12.6%
Others1.21.11.21.57.7%
Total8.15.78.912.716.2%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Lithuania in 2022:

  1. Italy (614.1K square meters)
  2. Latvia (379.6K square meters)
  3. Ukraine (114.2K square meters)
  4. Sweden (54.4K square meters)
  5. Germany (49.7K square meters)
  6. Norway (41.5K square meters)
  7. United Kingdom (32.4K square meters)

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Lithuania

Exports of woven fabrics of carded wool or of carded fine animal hair from Lithuania skyrocketed to 1.3M square meters in 2022, increasing by 70% on the previous year. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 110%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair skyrocketed to $11M in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 66% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,5501,0601,4903,12226.3%
United Kingdom2881532,6392,573107.5%
Belarus4002822661,27747.2%
Kazakhstan11.420.829.01,020347.3%
Italy705837587463-13.1%
Kyrgyzstan5.01.72.0342309.0%
Poland321288348319-0.2%
Denmark687318423216-32.0%
ArmeniaN/AN/AN/A1980%
Slovakia33928792.262.0-43.2%
Others1,2681,0131,1981,257-0.3%
Total5,5734,2617,07510,85124.9%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Lithuania in 2022:

  1. United Kingdom (496.3K square meters)
  2. Russia (338.9K square meters)
  3. Belarus (160.6K square meters)
  4. Kazakhstan (119.3K square meters)
  5. Kyrgyzstan (36.1K square meters)
  6. Armenia (35.2K square meters)
  7. Italy (26.0K square meters)
  8. Poland (24.7K square meters)
  9. Denmark (13.1K square meters)
  10. Slovakia (5.3K square meters)

Source: IndexBox Market Intelligence Platform

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