Lithuania: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Lithuania

For the third year in a row, the Lithuanian brassiere, girdle and corset market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption saw a abrupt descent. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Brassieres, Girdles And Corsets in Lithuania

In value terms, brassiere, girdle and corset production reduced notably to $X in 2022 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2022: its value 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, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then shrank dramatically in the following year.

Exports of Brassieres, Girdles And Corsets

Exports from Lithuania

In 2022, the amount of brassieres, girdles and corsets exported from Lithuania stood at X units, growing by X% compared with 2021. Over the period under review, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, brassiere, girdle and corset exports reduced to $X in 2022. In general, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for brassiere, girdle and corset exports from Lithuania, with a X% share of total exports. Moreover, brassiere, girdle and corset exports to Russia exceeded the volume sent to the second major destination, Germany (X units), threefold. Kyrgyzstan (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Russia ($X) remains the key foreign market for brassieres, girdles and corsets exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Kazakhstan, with an X% share.

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

Export Prices by Country

The average brassiere, girdle and corset export price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price showed a mild slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Latvia ($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 Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports into Lithuania

Brassiere, girdle and corset imports into Lithuania rose significantly to X units in 2022, with an increase of X% compared with 2021. In general, total imports indicated a resilient increase 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, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, brassiere, girdle and corset imports reduced modestly to $X in 2022. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X units) constituted the largest supplier of brassiere, girdle and corset to Lithuania, accounting for a X% share of total imports. Moreover, brassiere, girdle and corset imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. China (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate 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 China (X% per year).

In value terms, Poland ($X), Germany ($X) and Italy ($X) were the largest brassiere, girdle and corset suppliers to Lithuania, together accounting for X% of total imports. Latvia, Sweden, France, China, Spain, Belarus, Estonia and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 brassiere, girdle and corset import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price showed a perceptible setback. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat 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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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