Lithuania: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2024

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in Lithuania

After five years of growth, the Lithuanian market for blankets and travelling rugs of synthetic fibres decreased by X% to $X in 2022. In general, consumption saw a perceptible reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in Lithuania

In value terms, travelling rugs of synthetic fibre production surged to $X in 2022 estimated in export price. Overall, production, however, saw a sharp downturn. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports from Lithuania

In 2022, overseas shipments of blankets and travelling rugs of synthetic fibres decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. In general, exports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, travelling rugs of synthetic fibre exports dropped notably to $X in 2022. Over the period under review, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Latvia (X units), Poland (X units) and Estonia (X units) were the main destinations of travelling rugs of synthetic fibre exports from Lithuania, with a combined X% share of total exports. Russia, Bulgaria and Germany 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 Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Estonia ($X) and Poland ($X) were the largest markets for travelling rugs of synthetic fibre exported from Lithuania worldwide, with a combined X% share of total exports. Russia, Germany and Bulgaria lagged somewhat behind, together accounting for a further X%.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the average export price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, dropping by X% against the previous year. Overall, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid 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 maximum at $X per unit in 2012; however, from 2013 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 Germany ($X per unit), while the average price for exports to Bulgaria ($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 Bulgaria (X%), while the prices for the other major destinations experienced a decline.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports into Lithuania

In 2022, purchases abroad of blankets and travelling rugs of synthetic fibres decreased by X% to X units for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, travelling rugs of synthetic fibre imports declined to $X in 2022. In general, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

China (X units), Poland (X units) and Ukraine (X units) were the main suppliers of travelling rugs of synthetic fibre imports to Lithuania, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and Ukraine ($X) were the largest travelling rugs of synthetic fibre suppliers to Lithuania, together comprising X% of total imports.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded 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 import price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, dropping by X% against the previous year. Overall, the import price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per unit) and Ukraine ($X per unit), while the price for Poland ($X per unit) and Germany ($X per unit) were 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 a decline.

Source: IndexBox Platform

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