Lithuania: Plastic Headgear Market 2024

Plastic Headgear Market Size in Lithuania

The Lithuanian plastic headgear market contracted to $X in 2022, falling by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Plastic Headgear Production in Lithuania

In value terms, plastic headgear production declined slightly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Plastic Headgear Exports

Exports from Lithuania

In 2022, approx. X units of headgear of rubber or plastic were exported from Lithuania; jumping by X% on 2021 figures. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, plastic headgear exports rose significantly to $X in 2022. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for plastic headgear exports from Lithuania, accounting for a X% share of total exports. Moreover, plastic headgear exports to Russia exceeded the volume sent to the second major destination, Italy (X units), fourfold. The third position in this ranking was held by Kazakhstan (X units), 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: Italy (X% per year) and Kazakhstan (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for headgear of rubber or plastic exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with a X% share of total exports. It was followed by Kazakhstan, with a 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: Latvia (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the average plastic headgear export price amounted to $X per unit, falling by X% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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

Plastic Headgear Imports

Imports into Lithuania

In 2022, purchases abroad of headgear of rubber or plastic decreased by X% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plastic headgear imports soared to $X in 2022. In general, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

China (X units), Germany (X units) and Latvia (X units) were the main suppliers of plastic headgear imports to Lithuania, together comprising X% of total imports. Turkey, Poland, Estonia, the United States and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X) constituted the largest supplier of headgear of rubber or plastic to Lithuania, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Latvia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and China (X% per year).

Import Prices by Country

The average plastic headgear import price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price continues to indicate notable growth. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood 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 Latvia ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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