Lithuania: Metallised Yarn Market 2024

Metallised Yarn Market Size in Lithuania

The Lithuanian metallised yarn market declined notably to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, saw a slight increase. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Metallised Yarn Production in Lithuania

In value terms, metallised yarn production skyrocketed to $X in 2022 estimated in export price. In general, production saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level in 2022 and is likely to continue growth in the near future.

Metallised Yarn Exports

Exports from Lithuania

For the eleventh year in a row, Lithuania recorded growth in shipments abroad of metallised yarn and strip, which increased by X% to X tons in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, metallised yarn exports expanded sharply to $X in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Romania (X tons), Poland (X tons) and France (X tons) were the main destinations of metallised yarn exports from Lithuania, together comprising X% of total exports. Sweden, Turkey, Russia and Bulgaria lagged somewhat behind, together accounting for 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 Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Poland ($X) and Turkey ($X) were the largest markets for metallised yarn exported from Lithuania worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metallised yarn export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, saw a abrupt descent. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Bulgaria ($X per ton), while the average price for exports to France ($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 Bulgaria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metallised Yarn Imports

Imports into Lithuania

In 2022, overseas purchases of metallised yarn and strip were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a strong increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, metallised yarn imports soared to $X in 2022. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of metallised yarn to Lithuania, with a X% share of total imports. Moreover, metallised yarn imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was held by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms 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 Belgium (X% per year).

In value terms, Poland ($X), Germany ($X) and Belgium ($X) appeared to be the largest metallised yarn suppliers to Lithuania, together comprising X% of total imports.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metallised yarn import price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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