Price for Woven Fabrics of Artificial Staple Fibres in Lithuania - 2023
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Lithuania (CIF) - 2023
- Price for Woven Fabrics of Artificial Staple Fibres in Lithuania (FOB) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in Lithuania
- Exports of Woven Fabrics of Artificial Staple Fibres in Lithuania
Price for Woven Fabrics of Artificial Staple Fibres in Lithuania (CIF) - 2023
The average import price for woven fabrics of artificial staple fibres stood at $5.0 per square meter in September 2023, picking up by 263% against the previous month. Over the period under review, the import price continues to indicate strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Austria ($10.2 per square meter), while the price for Poland ($1.2 per square meter) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Austria (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Artificial Staple Fibres in Lithuania (FOB) - 2022
The average export price for woven fabrics of artificial staple fibres stood at $4.6 per square meter in 2022, picking up by 6.7% against the previous year. Overall, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2015 an increase of 60%. The export price peaked at $26 per square meter in 2012; however, from 2013 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 Kazakhstan ($12 per square meter), while the average price for exports to Armenia ($3.6 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 Ukraine (-7.2%), while the prices for the other major destinations experienced a decline.
Imports of Woven Fabrics of Artificial Staple Fibres in Lithuania
In 2022, supplies from abroad of woven fabrics of artificial staple fibres decreased by -5.8% to 1.4M square meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year. Imports peaked at 1.5M square meters in 2021, and then dropped in the following year.
In value terms, imports of woven fabrics of artificial staple fibres stood at $13M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Woven Fabrics of Artificial Staple Fibres in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 7.2 | 6.1 | 8.5 | 17.1% |
| Italy | 1.3 | 1.4 | 1.7 | 2.0 | 15.4% |
| Germany | 0.6 | 0.6 | 0.4 | 0.5 | -5.9% |
| Poland | 0.2 | 1.2 | 1.3 | N/A | 155.0% |
| Others | 2.8 | 1.7 | 1.7 | 1.8 | -13.7% |
| Total | 10.3 | 12.0 | 11.2 | 12.9 | 7.8% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Lithuania in 2022:
- China (1244.4K square meters)
- Italy (70.6K square meters)
- Germany (29.4K square meters)
- Poland (3.9K square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Lithuania
In 2022, the amount of woven fabrics of artificial staple fibres exported from Lithuania surged to 472K square meters, increasing by 44% compared with 2021. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 278% against the previous year. As a result, the exports reached the peak of 616K square meters. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of woven fabrics of artificial staple fibres skyrocketed to $2.2M in 2022. In general, exports, however, recorded a deep downturn. Over the period under review, the exports of hit record highs at $3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Woven Fabrics of Artificial Staple Fibres in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,381 | 1,005 | 1,133 | 1,214 | -4.2% |
| Belarus | 360 | 357 | 150 | 326 | -3.3% |
| Kazakhstan | 5.6 | 7.5 | 49.1 | 211 | 235.2% |
| Ukraine | 34.4 | 37.3 | 15.2 | 115 | 49.5% |
| Armenia | N/A | N/A | N/A | 72.6 | 0% |
| Estonia | 127 | 89.7 | 30.5 | 34.9 | -35.0% |
| Italy | 724 | 207 | 0.4 | 2.3 | -85.3% |
| Others | 332 | 137 | 25.8 | 182 | -18.2% |
| Total | 2,965 | 1,841 | 1,403 | 2,158 | -10.0% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Lithuania in 2022:
- Russia (293.0K square meters)
- Belarus (69.4K square meters)
- Armenia (20.3K square meters)
- Kazakhstan (17.0K square meters)
- Ukraine (9.4K square meters)
- Estonia (5.0K square meters)
- Italy (0.4K square meters)
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